ADDENDUM TO LOG/LUMBER SUPPLY CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This Addendum to the Agreement (Log/Lumber Supply Contract) is entered into

by and between:

MAASIN FARMERS MARKETING & COOP. ORG. (MAFAMCO), a duly

registered people’s organization with the Department of Labor and Employment (DOLE)
represented by its President Ms. Marcelina Maceda Jandayan as authorized by the
EXECOM’S Board Resolution, with principal address at Brgy. Ibarra, Maasin City,
Southern Leyte, hereinafter called as the SUPPLIER,

and

RVJ LUMBER & MARKETING, existing and by virtue of the law of the
Philippines, with business address at Brgy. Ma. Clara, Maasin City, Southern Leyte,
represented by Mr. Roberto T. Villanueva, Jr., and his capacity as proprietor and
hereinafter called as the BUYER.

WITNESSETH:

WHEREAS, the parties hereto entered into an Agreement dated August 9, 2017 for the
supply and purchase of Gemelina (Yemane) and Mahogany lumbers or logs, in
accordance with DENR regulations, and subject to the terms and conditions agreed
upon by the parties, said Agreement (Log/Lumber Supply Contract) is hereto attached
as Annex “A”;

WHEREAS, the SUPPLIER agrees to sell available volume of Gemelina and Mahogany
lumbers or logs derived from the CBFM area, and the BUYER is likewise willing to buy
at least 326.510 cubic meters of lumbers or logs from the supplier;

NOW THEREFORE, for and in consideration of the foregoing premises, the parties,
intending to be legally bound, hereto agree that the following constitutes additional
terms and conditions of the stated contract:

6. That both parties mutually agree that the price per board feet be fixed at
twelve pesos (P12.00) only;

7. That the BUYER will likewise shoulder all the necessary operational expenses
in cutting, handling, and hauling of the said lumber products;

That the terms and conditions provided in the Agreement (Log/Lumber Supply
Contract), shall remain in full force and effect;

That this Addendum to the Contract shall be effective upon the execution thereof by
both parties.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this __ day of

August, 2018 in Maasin City, Southern Leyte, Philippines.

MARCELINA M. JANDAYAN ROBERTO T. VILLANUEVA, JR.

Supplier Buyer

1
Signed in the presence of:

1. __________________ 2. ___________________

ACKNOWLEDGEMENT

Republic of the Philippines)

Province of Southern Leyte)S.S
City of Maasin)
x--------------------------x

BEFORE ME, this ___ day of August, 2018 at Maasin City, Southern Leyte,
personally appeared the SUPPLIER and the BUYER with their proof of identity/ies
above-described, known to me to be the same persons who executed the foregoing
instrument of instrument consisting of two (2) pages, including this page, and
acknowledged to me that the same is their own free act and voluntarily deed.

WITNESS MY HAND, and affixed my notarial seal, this ___ day of August, 2018
at Maasin City, Southern Leyte, Philippines.

Doc. No. ___

Page No. ___
Book No. ___
Series of 2018