LEGAL EQUITY FOUNDATION

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LEGAL EQUITY FOUNDATION

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LEGAL EQUITY FOUNDATION

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 LEGAL EQUITY FOUNDATION

ARTICLES OF INCORPORATION

Of

LEGAL EQUITY FOUNDATION

KNOW ALL MEN BY THESE PRESENTS:

The undersigned incorporators, all of legal age and majority of whom are
residents of the Philippines, have this day voluntarily agreed to form a non-stock
corporation under the laws of the Republic of the Philippines;

AND WE HEREBY CERTIFY:

FIRST: That the name of said corporation shall be “LEGAL EQUITY

FOUNDATION” (LEF);

SECOND: That the purpose/s for which such corporation are incorporated is
to provide financial assistance and support to aspiring individuals who wish to
pursue a legal education but lack the necessary financial resources. LEF aims to
facilitate their successful completion of law school through scholarship programs,
mentorship, and other forms of assistance. Additionally, LEF seeks to create a
network where recipients of LEF support shall contribute back to the corporation by
providing similar assistance to individuals facing financial barriers to legal
education, upon completing their legal education.;

Provided that the corporation shall not solicit, accept or take

investments/placements from the public neither shall it issue investment
contracts.

THIRD: That the principal office of the corporation is located in Block 21, Lot
30, Italia corner, Madrid, Caceres Heights Resorts Subdivision, Barangay Pacol, Naga
City;

FOURTH: That the term for which said corporation is to exist is twenty-five
(25) years from and after the date of issuance of the certificate of incorporation;

FIFTH: That the names, nationalities and residences of the incorporators are
as follows:

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 LEGAL EQUITY FOUNDATION

NAME NATIONALITY RESIDENCE

Lorenzo Rodrigo A. Jamer Filipino Pacol, Naga City

Bounasera Tabora Filipino Del Rosario, Naga City

Clarissa T. Mijares Filipino Concepcion Pequena, Naga City

Analiza Pida Filipino Magsaysay Avenue, Naga City

Lorie Bolo Filipino Penafrancia Avenue, Naga City

Charmaine Perez Narvadez Filipino Sta. Cruz, Naga City

SIXTH: That the number of trustees of the corporation shall be twelve (12);
and the names, nationalities and residences of the first trustees of the corporation
are as follows:

NAME NATIONALITY RESIDENCE

Carlo Gacer Filipino Pacol, Naga City

John Noble Bobis Filipino Del Rosario, Naga City

Em Ayo Filipino Concepcion Pequena, Naga City

Lolyn Pagadora Filipino Magsaysay Avenue, Naga City

Cab Armendi Filipino Penafrancia Avenue, Naga City

Mart Casareno Filipino Sta. Cruz, Naga City

Keem Monponbanua Filipino Pacol, Naga City

Kuh Paterno Filipino Del Rosario, Naga City

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Filipino
Jerwin Cabilin Dequilla Concepcion Pequena, Naga City

Leslie Cledera Filipino Magsaysay Avenue, Naga City

Mae Mym Filipino Penafrancia Avenue, Naga City

Gino Tereso Azañes Ricafort Filipino Sta. Cruz, Naga City

SEVENTH: That the total contribution of the corporations is Php

1,800,000.00.

EIGHTH: That Charmaine Perez Narvadez has been elected by the members
as Treasurer of the corporation to act as such until his successor is duly elected and
qualified in accordance with the by-laws, and that as such Treasurer, he has been
authorized to receive for and in the name and for the benefit of the corporation, all
contributions or donations paid or given by the members and donors.

NINTH: That no part of its income is distributed as dividends to its

members, trustees or officers subject to the provisions of the Corporation Code of
the Philippines on dissolution. Provided, That any profit obtained by the association
as an incident to its operation shall, whenever necessary or proper shall be used for
the furtherance of the purposes enumerated in Article II, subject to the provision of
Title XI of the Corporation Code of the Philippines.

TENTH: That the incorporators and trustees undertake to change the name
of the corporation as herein provided, or as amended thereafter, immediately upon
receipt of notice or directive from the Securities and Exchange Commission that
another corporation, partnership or person has acquired a prior right to the use of
that name or that the name has been declared as misleading, deceptive, confusingly
similar to a registered name or contrary to public morals, good custom or public
policy.

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IN WITNESS WHEREOF, we have hereunto signed these Articles of

Incorporation, this 10th day of March 2019, in the City/Municipality of Naga,
Republic of the Philippines.

ClarissaMijares
Lorenzo Rodrigo A. Jamer Bounasera Tabora Clarissa T. Mijares
TIN- 123456789000 TIN-987654321000 TIN- 112233445566

Analiza Pida Lorie Bolo Charmaine Narvadez

TIN-999888777666 TIN-555444333222 TIN- 666777888999

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ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES }

Naga City } S.S.

BEFORE ME, a Notary Public, for and in City of Naga, Philippines, this
10th day of March 2019, personally appeared the following persons:

TIN/ID/Passport Date &

Name No. Place Issued

Lorenzo Rodrigo A. Jamer 123456789000 3/1/19 Naga

Bounasera B. Tabora 987654321000 1/5/19 Naga
Clarissa T. Mijares 112233445566 6/5/18 Naga
Analiza Pida 999888777666 1/8/19 Naga
Lorie Bolo 555444333222 11/8/18 Naga
Charmaine Narvadez 666777888999 2/26/18 Naga

known to me and to me known to be the same persons who executed the foregoing
Articles of Incorporation constituting six (6) pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their
free act and voluntary deed.

WITNESS MY HAND AND SEAL on the day first above-written.

NOTARY PUBLIC

Atty. Sharmie Ann Abalayan

Notary Public Naga City
Until December 31, 2020
Pacol, Naga City
Roll No. 12345
P.T.R. No. 1234567, 2/2/2020,
Naga City IBP No. 12345-Lifetime
Member

Doc. No. 1
Page No. 8
Book No. 1
Series of 2019

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BY – LAWS

OF

LEGAL EQUITY FOUNDATION

I. THE TIME, PLACE AND MANNER OF CALLING AND CONDUCTING

REGULAR OR SPECIAL MEETINGS OF THE TRUSTEES.

a) Regular meetings of the board of trustees of the corporation shall be held

monthly, unless the by-laws provide otherwise.

b) Special meetings of the board of trustees may be held at any time upon
the call of the president or as provided in the by-laws

c) Meetings of trustees may be held anywhere in or outside of the

Philippines, unless the by-laws provide otherwise. Notice of regular or
special meetings stating the date, time and place of the meeting must be
sent to every trustee or trustee at least one (1) day prior to the scheduled
meeting, unless otherwise provided by the by-laws. A trustee may waive
this requirement, either expressly or impliedly.

II. THE TIME AND MANNER OF CALLING AND CONDUCTING REGULAR OR

SPECIAL MEETINGS OF THE MEMBERS.

a) Regular or annual meetings of members shall be held annually on 2nd

Monday of March.

b) Written notice of regular meetings shall be sent to all members of record

at least two (2) weeks prior to the meeting, unless a different period is
required by the by-laws.

c) Special meetings of members shall be held at any time deemed necessary

or as provided in the by-laws.

d) Written notice of special meetings shall be sent to all members at least

one week prior to the meeting, unless a different period is required by the
by-laws.

e) Members’ meetings, whether regular or special, shall be held in the city or

municipality where the principal office of the corporation is located, and
if practicable in the principal office of the corporation. Metro Manila shall,
for the purpose of this provision, be considered a city or municipality.

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III. THE REQUIRED QUORUM IN MEETINGS OF MEMBERS

a) The required quorum in meetings of members shall consist of the

member/s representing a majority of the entire membership.

IV. THE FORM FOR PROXIES OF MEMBERS AND THE MANNER OF VOTING
THEM

a) Members may vote in person or by proxy in all meetings of members.

Proxies shall be in writing, signed by the member and filed before the
scheduled meeting with the corporate secretary. Unless otherwise
provided in the proxy, it shall be valid only for the meeting for which it is
intended. No proxy shall be valid and effective for a period longer than
five (5) years at any one time.

V. THE QUALIFICATIONS, DUTIES, TERM AND COMPENSATION OF

TRUSTEES

a) No person convicted by final judgment of an offense punishable by

imprisonment for a period exceeding six (6) years, or a violation of this
Code, committed within five (5) years prior to the date of his election
shall qualify as a trustee. No person shall be elected as trustee unless he is
a member of the corporation. A majority of the trustees must be residents
of the Philippines.

b) The corporate powers of the corporation shall be exercised, all business

conducted and all property of the corporation be controlled and held by
the board of trustees to be elected from among the members, who shall
hold office for one (1) year and until their successors are elected and
qualified.

c) The trustees shall not receive any compensation, as such trustees, except
for reasonable per diems. Any compensation may be granted to trustees
by the vote of the members representing at least a majority of the
membership at a regular or special members’ meeting, In no case shall
the total yearly compensation of trustees, as such trustees, exceed ten
(10%) percent of the net income before income tax of the corporation
during the preceding year.

VI. THE MANNER OF ELECTION OR APPOINTMENT, QUALIFICATION AND

THE TERM OF OFFICE OF ALL OFFICERS OTHER THAN TRUSTEES

a) Immediately after their election, the trustees of a corporation must

formally organize by the election of a PRESIDENT, who shall be a trustee,
a TREASURER who may or may not be a trustee, a SECRETARY who shall
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be a resident and citizen of the Philippines, and such other officers as may
be provided in the by-laws. Two (2) or more positions may be held
concurrently by the same officer, however no one shall act as PRESIDENT
and SECRETARY or as PRESIDENT and TREASURER at the same time. The
officers of the corporation shall hold office for one (1) year and until the
successors are elected and qualified. The officers of the corporation shall
perform functions as required by existing laws, rules and regulations.

VII. FISCAL YEAR

a) The fiscal year of the corporation shall begin on the first day of January
and end on the last day of December of each year.

VIII. SEAL

a) The corporate seal shall be determined by the Board of Trustees.

IX. MISCELLANEOUS PROVISIONS

a) Matters not covered by the provisions of these by-laws shall be

governed by the provisions of the Corporation Code of the Philippines.

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IN WITNESS WHEREOF, we, the undersigned incorporators and/or

members present at said meeting and voting thereat in favor of the adoption of said
by-laws, have hereunto subscribed our names this 10th day of March 2019 at Naga
City .

ClarissaMijares
Lorenzo Rodrigo A. Jamer Bounasera Tabora Clarissa T. Mijares
TIN- 123456789000 TIN-987654321000 TIN- 112233445566

Analiza Pida Lorie Bolo Charmaine Narvadez

TIN-999888777666 TIN-555444333222 TIN- 666777888999

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