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CONTRACT
CONTRACT
This Agreement is entered into on this 31st day of October 2023 at Biñan City, Philippines by
and between:
Party A, HYGEIA BEAU MONDE former HYGEIA BEAUTY AND WELLNESS CORP.
represented by Luisa Paras, is a corporation duly organized and existing under and by virtue of the laws
of the Republic of the Philippines, with principal office address at Lipa City, Batangas
Party B, Mr. Marc Roland C. Carrasco, a Filipino of legal age, with residence address at 10 Dr.
A Gonzales St., Brgy. San Jose, City of Biñan, Laguna 4024
WITNESSETH, that:
WHEREAS, Party A is a newly opened Multi-Level Marketing company that is going to pay
WHEREAS, Party B will invest One Million Five Hundred Pesos (PHP 1,500,000.00)
NOW, THEREFORE, for and in consideration of the foregoing premises, both parties have agreed as
follows:
- That Party B shall have an equal sharing on the Incorporator’s account, second level
of earnings. That the Incorporator’s account is composed of sixteen (16)
Incorporators (including Party B), and that the net income shall be divided equally
among the incorporators. Dividends shall be given every month.
- That Party B is entitled to seven (7) personal accounts free, pay outs shall be released
every week.
- That Party B shall be included on the SEC registration indicating his 1% share of
ownership.
- That Party B, shall have the full right to withdraw his investment one year from the
date of this agreement. Processing time to fully withdraw the total investment of One
Million Five Hundred Pesos {PHP 1,500,000.00} is three months. Party B shall
notify Party A through written advice should he decide to terminate this contract after
the agreed term. Likewise, Party B shall return the PDC should he decide to continue
his partnership with Party A.
- As a guarantee, Party A shall issue a PDC dated April 15 , 2023 upon signing this
agreement for the full amount of Party B’s total investment.
- That both parties agreed, that the aforementioned agreement shall have a two-year fixed-term
contract to allow Party B to recover her full amount of invested capital (ROI) of One Million
Five Hundred Thousand Pesos (PHP 1,500,000.00). Should Party B wishes to renew the
contract, the agreement shall be reviewed by the board in accordance with the company’s
rules and regulations.
IN WITNESS WHEREOF, the parties hereunto have affixed their respective signatures this 11th day of
February 2022 at Makati City, Philippines.
Party A: Party B:
ACKNOWLEDGMENT
LUISA PARAS
The affiants were personally identified by me through competent evidence of identity to be the same
person described in the foregoing booking contract, consisting of two (2) pages including this page on
which the acknowledgment is written, who personally acknowledged before me that their signature on the
booking contract, were voluntarily affixed by them for the purposes stated therein, and who personally
declared to me that they have personally executed the booking contract as their free and voluntary act and
deed and that of the identity they represent.
IN WITNESS WHEREOF, I hereunto set my hand and affix my notarial seal on the date and at the
place above written.