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    Memorandum of Agreement-Nikas Pasalubong)

    Uploaded by

    Rodel Amante Medico
    This memorandum of agreement outlines the terms of an agreement between Jordan Good Foods and Nika's Pasalubong. Jordan Good Foods will supply various Buchinoy products to Nika's Pasalubong store daily. The agreement details the products, quantities, prices, and total amount due. Nika's Pasalubong will pay the total amount due daily upon delivery. The agreement also outlines terms for price increases, termination, dispute resolution, and signatures of both owners.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Memorandum of Agreement-Nikas Pasalubong)

    Uploaded by

    Rodel Amante Medico
    103 views2 pages
    This memorandum of agreement outlines the terms of an agreement between Jordan Good Foods and Nika's Pasalubong. Jordan Good Foods will supply various Buchinoy products to Nika's Pasalubong store daily. The agreement details the products, quantities, prices, and total amount due. Nika's Pasalubong will pay the total amount due daily upon delivery. The agreement also outlines terms for price increases, termination, dispute resolution, and signatures of both owners.

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    Memorandum of Agreement-nikas Pasalubong]

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    This memorandum of agreement outlines the terms of an agreement between Jordan Good Foods and Nika's Pasalubong. Jordan Good Foods will supply various Buchinoy products to Nika's Pasalubong store daily. The agreement details the products, quantities, prices, and total amount due. Nika's Pasalubong will pay the total amount due daily upon delivery. The agreement also outlines terms for price increases, termination, dispute resolution, and signatures of both owners.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    103 views2 pages

    Memorandum of Agreement-Nikas Pasalubong)

    Uploaded by

    Rodel Amante Medico
    This memorandum of agreement outlines the terms of an agreement between Jordan Good Foods and Nika's Pasalubong. Jordan Good Foods will supply various Buchinoy products to Nika's Pasalubong store daily. The agreement details the products, quantities, prices, and total amount due. Nika's Pasalubong will pay the total amount due daily upon delivery. The agreement also outlines terms for price increases, termination, dispute resolution, and signatures of both owners.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    MEMORANDUM OF AGREEMENT

    Purchase of Goods

    This Memorandum of Agreement is made and entered on May 2021, in the


    Municipality of Baliwag, Bulacan Philippines, by and between:

    JORDAN GOOD FOODS a company registered with the law of the Republic of the
    Philippines, with postal address at Benigno S. Aquino Avenue Baliwag Bulacan,
    represented by its owner, Jordan Calica Gutierez.

    and

    NIKA’S PASALUBONG a company registered with the law of the Republic


    of the Philippines, with address at Sto. Cristo Baliwag, Bulacan Phillipines
    represented by it owner, Veronica Reyes.

    Witnesseth that:

    JORDAN GOOD FOODS, which is engaged in the business of supplying Buchinoy,


    was agree with NIKA’S PASALUBONG to be the supplier for its store everyday, at
    Sto. Crsito Baliwag, Bulacan;

    JORDAN GOOD FOODS commits to deliver the following goods everyday at


    NIKA’S PASALUBONG pursuant to its formal quotation attached herewith

    Description Quantity Price TOTAL


    Buchinoy Leche Plan 2 150 300
    Buchinoy Chocolate 2 150 300
    Buchinoy Langka 2 150 300
    Buchinoy Ube 1 120 120
    Buchinoy Cheese 2 120 240
    Buchinoy Munggo 2 120 240
    Grand Total PhP 1,500

    NIKA’S PASALUBONG shall pay the total amount due to JORDAN GOOD
    FOODS on the same day the product is deliver and JORDAN GOOD FOODS shall
    immediately issue the corresponding official receipt or sales invoice regarding this
    transaction under the name of NIKA’S PASALUBONG.

    TERMS IN PRICE INCREASING

    1. The price will only increase if our raw material cost have changes or the price of
    each raw materials will also increase.

    2. We will give advance notice one week before we increase our price in each product
    and we will supply a new advertising materials with updated price of our product.

    TERMINATION OF THE MEMORANDUM OF AGREEMENT


    1. Grounds - Any time after the execution of this contract, this Agreement may be
    terminated at the instance of ANY OR BOTH PARTIES hereto or by reason of
    default described hereunder without prejudice to any other rights or remedies it is
    entitled under this Agreement and applicable law.
    2. Events of Default - Each of the following events shall constitute a valid ground for
    default:

    a. Any failure, neglect or inability on the part of either of the Parties


    to comply with any of the terms and/or conditions of this
    Agreement; and

    b. Any misrepresentation or breach of warranty made in connection


    herewith and proven to have been incorrect or misleading as of the
    time it was made.

    3. Procedure - Termination of this Agreement shall be by service to the other party


    of a written Notice of Termination, which shall take effect thirty (30) days after
    receipt of said written notice.

    ENTIRE AGREEMENT

    This agreement contains the complete understanding of both parties and may not be
    amended, supplemented or varied except by an instrument in writing signed by both
    parties. The validity and effectiveness of this agreement shall be governed by the
    Laws of the Republic of the Philippines.

    DISPUTE RESOLUTION AND VENUE OF ACTIONS

    In case of dispute, the parties will try to settle it amicably before resorting to other
    alegal remedies. Exclusive jurisdiction over and venue of suits arising from this
    Agreement shall be with the proper courts of the Province of Bulacan to the exclusion
    of other courts or tribunals.

    The Parties herein warrant that they have read and understood this Agreement and
    bind themselves to its full and proper execution.

    JORDAN GOOD FOODS NIKA’S PASALUBONG

    By: By:

    JORDAN CALICA GUTIEREZ VERONICA REYES


    Owner Owner

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