RRESERVATION AGREEMENT

Date: ______________________

Name to appear in contract:

______________________________________________________________________

Current Home Address:

______________________________________________________________________
______________________________________________________________________

Home Tel. No. _____________________ Mobile No. _____________________

Office Tel. No. ____________________ E-mail: ________________________

Current Office Address:

______________________________________________________________________
______________________________________________________________________

Lot No.No. of Parking

Unit No. Block No. LotUnit
Type of Area Type of Unit
Slot/s (in approximate sq.m.)

4BR 1B 4BR
3BR R 3BR 1BR
2BR 2- 2BR1-BR Stu
BR dio
GARDE
N3-BR Stu
dio

Net Total Contract Mode of TermDownpayment Monthly

Price PaymentTer Amortization
(without VAT) m
Amount:__________ Amount:__________
Date Dute:________ Date Dute:________

Total Contract Downpayment Due Date for Monthly Due Date for the 1st
Price Downpayment Amortization Monthly Amortization
(with VAT)

Rockwell Land Reservation Agreement August 2017 Page 1 of 4

The undersigned (the “PURCHASER”) hereby manifests his/her/itsan intention to purchase and
reserves from Rockwell Land Corporation_________________ (the “SELLER”) the unit
specified above at the ProsceniumThe Proscenium32 Sanson by Rockwellparcel of land
(the “PROPERTY”) described above for the total consideration of PESOS:
____________________________________________________________________________
____________________________________(PhpPHP______________), Philippine Currency,
inclusive of value-added tax. The PURCHASER understands and agrees that thise reservation
of the PROPERTY is subject to the following terms and conditions:

1. Upon execution of this Reservation Agreement (the “Agreement”), the PURCHASER

shall pay the SELLER the reservation fee in the amount of ONE ONE HUNDREDFIVE
HUNDRED THOUSAND PESOS (Php100PHP 5100,000.00) (the “Reservation Fee”),
which shall form part of the downpayment for the PROPERTY should the PURCHASER
decide to purchase the PROPERTY and remitpay the downpayment within the period
provided in this Agreement.

2. The This reservation of the PROPERTY shall be valid for thirty fifteenthirtyfifteen
(30301515) calendar days (the “Reservation Period”) from receipt byof the SELLER of
the reservation fee (the “Reservation Period”) (the “Reservation Period”). If the
PURCHASER fFailures to pay remit the downpayment and/or to execute the Contract to
Sell in the form prescribed by the SELLER within the Reservation Period, the reservation
for the PROPERTY shall automatically be deemed withdrawn, this Agreement shall be
deemed cancelled, and all payments received by the SELLER, including but not limited
to the Reservation Fee, shall be deemed forfeited, and the SELLER shall have the right
to offer the PROPERTY to other interested parties.

If, however, the PURCHASER remits the down payment but fails to sign the Contract to
Sell and the same results in the imposition of penalties, fees and assessments by the
Bureau of Internal Revenue due to the non-submission of the corresponding Contract to
Sell within the period of 30 days from down payment, the same shall be assumed by the
PURCHASER.

3. If after n the event of expiry of the expiration of the Reservation Period, and the
PURCHASER wishes intends to reserve the unit again, and the same shall be subject
to the only if approvaled by of the SELLER, and the PURCHASER shall sign a second
Reservation Agreement reflecting the current applicable Total Contract Price of the Unit
ats of the time date of the second Reservation Agreement. The PURCHASER shall also
pay the Reservation Fee for the second Reservation Agreement.

4. On the date the downpayment is due, the PURCHASER shall submit to the SELLER
post-dated checks covering the monthly installment payments as specified in the
payment terms, a copy of which is attached hereto as Annex “A” and made an integral
part hereof.

5. This reservation as well as the rights and obligations connected thereto may not be
transferred or assigned to another person or entity without the prior written consent of
the SELLER. If such approval is given by the SELLER, the transfer or assignment shall
be made without paying any assignment fee provided that the assignment is made prior
to the execution of the Contract to Sell and/or the payment of the downpayment. Any
transfer or assignment made in contravention hereof shall be void and the SELLER shall
have the option to forfeit the Reservation Fee and cancel this Agreement.

Should the PURCHASER’s request for assignment of rights be made after the execution
of the Contract to Sell and/or remittance of the down payment, and such request is
approved by the SELLER, the PURCHASER shall pay the SELLER an Assignment Fee
of ONEFIVEFIVE HUNDREDTEN THOUSAND PESOS (Php500PHP 1500,000.00), or
1.5% of the Total Contract Price, whichever is higher, on or before the execution of the
Deed of Assignment.

Rockwell Land Reservation Agreement August 2017 Page 2 of 4

 The PURCHASER likewise undertakes to assume any and all taxes including, but not
limited to, income tax, donor’s tax, documentary stamp tax, value-added tax, and such
other fees and charges arising from, relating to, or in connection with the assignment
that may be imposed by the Bureau of Internal Revenue and/or Register of Deeds.

6. In addition to Paragraph 2 above, The the SELLER shall have the right to cancel this
Agreement and forfeit the Reservation Fee and whatever other payments the
PURCHASER may have made, as and by way of liquidated damages, in any of the
following instances:

a. Failure or delay on the part of the PURCHASER to pay the downpayment in full
and/or execute the Contract to Sell in the form prescribed by the SELLER within the
Reservation Period for any reason whatsoever;

b. Failure on the part of the PURCHASER to comply with any obligation required to
be performed or undertaken hereunder, or to submit all the documents required by
the SELLER,

c. Concealment of material facts or supplying false or misleading information in any

of the documents signed or submitted by the PURCHASER to the SELLER; and

d. Withdrawal from this Agreement for any reason whatsoever by the

PURCHASER.

1. It is further understood that:

a. In the event that the PROPERTY is found unavailable for sale due to technical
reasons or a prior sale commitment or transaction with another party prior to the
signing of the Contract to Sell, the PURCHASER agrees to holds the SELLER free
and harmless from any and all liability whatsoever, in which case, the SELLER may
have the PROPERTY exchanged with another unit, or cancel this Agreement,
subject to the reimbursement of all payments made by reason of this reservation
without interest.

b. No Contract to Sell or Deed of Absolute Sale shall be issued by the SELLER until
and unless the PURCHASER shall have complied with all conditions for purchase as
may be prescribed by the SELLER.

c. Any representation made by an employee, broker, or representative of the

SELLER handling this transaction shall not be binding on the SELLER without a
written agreement signed by the PURCHASER and the duly authorized signatory of
the SELLER.

87. If there are two or more PURCHASERS under this Agreement, the obligations mentioned
herein are deemed contracted by them in a joint and solidary capacity.

The PURCHASER hereby signifies his conformity to this Agreement after having read and
understood its contents and hereby certifies that all information provided herein are true and
correct.

___________________________________
SIGNATURE OVER PRINTED NAME
PURCHASER

TIN: _________________

Rockwell Land Reservation Agreement August 2017 Page 3 of 4

 SIGNED IN THE PRESENCE OF:

___________________________ ___________________________

APPROVED BY:

___________________________________
JOVIE JADE V. LIM-DYDAVY T. TANSELLER
AVP -– SALES & MARKETINGRESIDENTIAL SALESPROVINCIAL DEVELOPMENT HEAD –
32 SANSON

ACKNOWLEDGMENT

Republic of the Philippines )

______________________ ) S.S.

BEFORE ME, a Notary Public for and in the above jurisdiction, this ____ day of
______________ personally appeared before me the following:

Name Government Issued ID Date/Place Issued

________________________ _______________________ _____________________

________________________ _______________________ _____________________

known to me and to me known to be the same persons who executed the foregoing instrument
and they acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and at the place first above written.

Doc. No. ____;

Page No. ____;
Book No. ____;
Series of 2017.

Rockwell Land Reservation Agreement August 2017 Page 4 of 4