Sei sulla pagina 1di 3

ARTICLES OF PARTNERSHIP

of
ZY CREATIVE IDEAS, LTD.
KNOW ALL MEN BY THESE PRESENTS:
That we, the undersigned, all of legal age and residents of the Republic of thePhilippines have
agreed to amend a limited partnership under the terms and conditionsherein set forth and
subject to the provisions of existing laws of the Republic of thePhilippines.
AND WE HEREBY CERTIFY:
ARTICLE I.
That the name of the partnership shall be:ZY Creative Ideas, Ltd.
ARTICLE II.
That the principal office of the Partnership shall be located at #19Scions, Canitoan, Cagayan de
Oro City, Philippines.
ARTICLE III.
That the names, citizenship, residence and designation of thepartners of said partnership are as
follows:
Name
Abdulharis P. Paporo
Norhanna P. Paporo
Adapodin P. Paporo
Strawberry A. Luciniada

Citizenship
Filipino
Filipino
Filipino
Filipino

Residence
Cagayan de
Cagayan de
Cagayan de
Cagayan de

Oro
Oro
Oro
Oro

Designation
General Partner
General Partner
Limited Partner
Limited Partner

ARTICLE IV.
That the term for which said partnership is to exist is 30 years fromthe original recording of said
partnership by the Securities and Exchange Commission.
ARTICLE V.
That the purpose for which said partnership is formed are asfollows:
1. To conduct business related to graphics design and layouting includingbusiness promotion and
advertising;
2. To conduct photography and videography services for all occasions; and
3. To engage in business related to computer buying and selling as well ascomputer repair
services.
ARTICLE VI.
That the capital of the partnership shall be six hundred thousand,Philippine Currency contributed
in cash by the partners as follows:
Name
Abdulharis P. Paporo
Norhanna P. Paporo

Amount Contributed
P 225, 000.00
P 225, 000.00

Adapodin P. Paporo
P 75, 000.00
Strawberry A. Luciniada
P 75, 000.00
That no transfer will reduce the ownership of Filipinos citizens to less than the required
percentage of capital shall be recorded in the paper books of the partnership.
ARTICLE VII.
That the profits and losses shall be divided pro-rata among thepartners.
ARTICLE VIII.
That should there be any additional contribution made by a limitedpartner, such must be agreed
upon by all the partners in writing and duly recorded atleast two (2) days after signing of same
agreement. Such contribution shall amendArticle VI of the Articles of Partnership and in no case
shall such amendment be doneless than one (1) year after the original recording of said
partnership by the Securitiesand Exchange Commission.
ARTICLE IX.
That the contribution of each limited partner may be returned tohim/ her three (3) years after
the original recording of said partnership by the Securitiesand Exchange Commission.
ARTICLE X.
That the limited partner may be given the right to substitute anassignee as contributor in his
place, provided that he has duly notified his partners inwriting, stating the reasons therefor, five
(5) days before effectivity of said substitution.Provided further that such limited partner has
already settled his obligations to thepartnership prior to the notification of substitution.
ARTICLE XI.
That a partner may admit an additional limited partner, providedthat the other partners have
been duly notified in writing five (5) days before effectivityof admission and duly concurred by all
the partners in writing.
ARTICLE XII.
That the remaining general partner or partners shall have the rightto continue the business in
cases of death, retirement, civil interdiction, insanity orinsolvency of a general partner.
ARTICLE XIII.
That the firm shall be under the management of Norhanna P.Paporo, as General Manager and as
such she shall be in charge of the management ofthe affairs of the partnership.
ARTICLE XIV.
That the partners willingly undertake to change the name of thepartnership immediately upon
receipt of notice/ directive from the Securities andExchange Commission that another
partnership, corporation, or person has beendeclare misleading, deceptive, confusingly similar to
a registered name or contrary topublic morals, good customs or public policy.
IN WITNESS WHEREOF, we have hereunto set our hands this 8 day of September 2011 at
Cagayan de Oro City, Phlippines.
th

ABDULHARIS P. PAPORO
TIN:

TIN:

NORHANNA P. PAPORO

ADAPODIN P. PAPORO
TIN:

TIN:

STRAWBERRY A. LUCINIADA

Potrebbero piacerti anche