Commercial Partnership Agreement - RAPID

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Quarry Lease Agreement

KNOW ALL MEN BY THESE PRESENTS:

This Quarry Lease Agreement is made and entered into by and between:

TRIPARCO DEVELOPMENT CORPORATION (General Engineering* General


Building) a single proprietorship, duly registered business under the laws of the
Republic of the Philippines, with project address at (TRIL-21NO0035) Hinandayan,
Camagong, Nasipit, Agusan del Norte, Philippines represented herein by KIM ROE B.
RAMOS, Field Engineer, hereinafter referred to as the “First Party”;

CADT 252, Awarded Higaunon ICCs/ IPs Ancestral Domain of Hinandayan, Nasipit,
Agusan del Norte, Philippines represented herein by its Indigenous People
Mandatory Representative (IPMR) Datu Salangkuan Revise Mandahinog
hereinafter referred to as “Second Party”;

WITNESSETH THAT

WHEREAS, TRIPARCO DEVELOPMENT CORPORATION, is the contractor of the


road network, connecting from Km-12, Hinandayan, Camagong, Nasipit, Agusan del
Norte to Brgy. Jaguimitan, Nasipit, Agusan del Norte.

WHEREAS, CADT 252, is one of the focus in the road development that stimulates
social and economic progress among people belonging to the community;

WHEREAS, there is a need to formalize Quarry Lease Agreement to specifically define


the duties and responsibilities of all parties herein involved and endeavor to enhance all
possible areas for collaborations;

NOW, THEREFORE, in consideration of the foregoing above premises, the parties


hereby agree to enter into this Quarry Lease Agreement:

Section 1: Duties and Responsibilities

Section 1.1: The First Party


1. Excavates sand and gravel in CADT 252- Hinandayan to Salaysayon vicinity;
2. Controls and restricts the excavated items, it should be within the premise of the
project ;
3. Provides the equipment for loading and hauling;
4. Shoulders all the excavation costs and all other means of expenditures directly
attributable to the project;
5. Pays certain amount as granted and stipulated in this agreement (Fixed 100
Php./dump truckload) to the Second Party;
6. Abide in the terms and conditions commits to carry out its duties and
responsibilities.
Section 1.2: The Second Party
1. Provides a monitoring team for the operations
1.2.a. Checks the number of truckloads
1.2.b. Sole responsible of the wage for the monitoring team
1.2.c Evaluates the area as the source of the excavation of sand and gravel
2. Agree to supply unlimited sand and gravel until the project stops;
3. Commits to safeguard the interest of the First Party to whatever conflict may
arise;
4. Abide with the terms and conditions and commits to carry out its duties and
responsibilities.

Section 2: Termination

This agreement can only be terminated for cause such as, the failure to carry out its
commitments, violations of the terms and conditions. The party requesting for
termination or pre-termination shall formally issue a written Notice of Termination to
other party copy furnished and subject to the review, evaluation and agreement by all
parties;

IN WITNESS WHEREOF, the parties’ abovementioned have hereunto signed the


Quarry Lease Agreement on this ___ day of ___________ in ___________,
Philippines.

First Party Second Party

KIM ROE B. RAMOS DATU SALANGKUAN REVISE MANDAHINOG


Field Engineer CADT 252 Representative/IPMR

Witnesses

_____________________ _____________________ _____________________

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