KNOW ALL MEN BY THESE PRESENTS:

This Deed of Absolute Sale is made and entered into in __________________ City this _____ day of
_________ by and between:

_______________________, of legal age, Filipino, with residence address at

___________________________, hereinafter referred to as SELLER;

- and -

____________________, of legal age, Filipino, with residence address at

______________________________________________________________________ hereinafter
referred to as BUYER;

WITNESSETH:

WHEREAS, the SELLER is the absolute and registered owner of the following motor vehicle, more
particularly described as follows:

MODEL/MAKE :
COLOR :
BODY :
ENGINE NO. :
SERIAL/CHASSIS NO. :
PLATE NO. :

(the “Subject Vehicle”)

WHEREAS, the SELLER desires to sell the aforesaid motor vehicle and the BUYER is able, willing and ready
to purchase the same under the terms and conditions herein below set forth;

NOW THEREFORE, for and in consideration of the sum total of

_______________________________PESOS (PHP____________________), Philippine currency, receipt hereof is
hereby acknowledged by the said SELLER, the SELLER hereby SELLS, CEDES, TRANSFERS and CONVEYS unto
the BUYER, in a manner absolute and irrevocable the Subject Vehicle, free from any and all liens and encumbrances
whatsoever and on an “AS IS WHERE IS BASIS”.

The SELLER warrants that the Motor Vehicle is free from any liens and encumbrances and that said SELLER
shall defend the title and rights of the BUYER from any claims of whatever kind or nature from third persons.

The BUYER undertakes to cause the transfer of the registration papers of the Subject Vehicle immediately
upon receipt of possession thereof, and the BUYER shall hold the SELLER free and harmless on a full indemnity basis
against and from any charges, claims, damages, costs, judgment, decrees, expenses (including, without limitation,
reasonable legal fees), penalties and liabilities of any kind or nature whatsoever which may be sustained or suffered by or
secured against the SELLER by reason of, based upon, related to or arising out of the operation of the Subject Vehicle
upon the execution of this Deed of Abolute Sale.

IN WITNESS WHEREOF, the parties have hereunto affixed their signatures on the date and at the place
first above-written.

_____________________________ _______________________________
Seller Buyer

SIGNED IN THE PRESENCE OF:

 ______________________ ______________________

ACKNOWLEDGMENT

Republic of the Philippines)

) S.S.

BEFORE ME, a Notary Public, for and in __________________ City, this _______ day of
_________________________ personally appeared:

Name Identification Card Issued On/At

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

This instrument consisting of two (2) pages, including this page on which this acknowledgment is written refers
to a DEED OF SALE of 1 Unit of __________________ and has been signed by the parties and their witnesses and
sealed with my notarial seal.

WITNESS MY HAND AND NOTARIAL SEAL.

Doc. No. ____

Page No. ____
Book No. ____
Series of ___.