CONTRACT OF SECURITY SERVICES

This security contract entered into this 22nd day of January 2020, by and between;

NEW QUEENBEE SECURITY SERVICES, INC., a domestic corporation duly

registered with the Securities Exchange Commission and duly licensed by the PNP-
SOSIA, with office address at 507 Gonzales Bldg, Bagong Lipunan ng Crame,
Quezon City, represented in this act by its President/General Manager, JERRY F.
VILLA, hereinafter referred to as the AGENCY;

- and –

VALENZUELA VIEW SUBDIVISION HOMEOWNERS ASSOCIATION, INC, located at

Valenzuela City and duly represented in this act by its President, Mr./Mrs./Ms.
____________________________ , hereinafter referred to as the CLIENT;
WITNESSETH That;

WHEREAS, the AGENCY has represented itself as Security Company duly authorized,
licensed, ready and willing to render and provide security and protective services to individuals
and business establishments nationwide.

WHEREAS, the CLIENT, on the basis of the AGENCY’S representations, which the
latter accepts, through its representative Mr./Mrs./Ms. ____________________________ , has
engaged the services of the AGENCY to protect and secure its premises, located at the above
specified address/location with the following guard deployments stated hereunder to protect its
premises against theft, pilferage, robbery, trespass and other unlawful acts by any individuals;

NOW THEREFORE, for and in consideration of the foregoing premises and the mutual
covenants, the parties hereto hereby agree as follows:

1. The AGENCY shall provide twenty four (24) hours security protection to the CLIENT by
providing two (2) uniformed security guards who will render twelve (12) hours duty,
everyday including Sundays and Holidays and posted in accordance with the CLIENT
specified deployment. It is fully assured and understood that the guards to be assigned
by the AGENCY shall possess all the qualifications and none of the disqualifications
required under the Private Security Agency Law (RA5487), and such other applicable
Laws, rules and regulations. The number of guards to be posted by the AGENCY to the
CLIENT shall be based on the actual requirement given by the CLIENT to the AGENCY.
The number of guards posted to the CLIENT can be decreased and/or increased upon
written notice of the CLIENT 24 hours prior to its effectivity.

2. The AGENCY shall assume full responsibility for any act or omission by said security
guards posted during their official watch hours. The CLIENT being specifically released
from any and all liabilities to third parties or to anyone arising from the act or omission by
said security guards during their watch hours.

3. The AGENCY shall:

a. Provide the CLIENT with qualified and well experienced security guards with complete
uniform and paraphernalia, duly licensed firearms, and such other equipment required
but not limited to, flashlights, night stick, raincoats, and other equipment needed in the
performance of their duties and obligations under the terms and conditions of this
contract particularly on the apprehension of trespassers, thieves and pilferers and the
preparation of such document that may be necessary in the investigation and/or
prosecution of violation of violators by proper police and/or government authority.

b. The AGENCY will conduct performance evaluation of guards every Three (3) months
based on their performance, character, and attitude/behavior during their tour of duty.
 c. Hold the CLIENT entirely free and immune from any liability, cause or causes of action,
claim or claims which maybe filed by the guards and/or their families by arising and/or
by reason of their employment under this agreement, or under the provisions of the
laws which are now in effect. Compliance of which is warranted by the Agency.

d. Maintain peace and order within the CLIENT’S premises and protect the welfare and
safety of the owner’s, personnel/staff/s, tenant’s house helpers and visitors from any
trespassers and/or third parties who may cause or attempt to cause trouble or breach
of peace.

e. Be responsible for the discipline, supervision and administration of the security guards
assigned. The CLIENT or its duly authorized representative reserve the right to compel
in writing, the relief of any guard whose performance or behavior in line of duty is
prejudicial to the best interest of the Client or whose appearance or demeanor
adversely affects the public relations posture of the client.

4. The AGENCY shall be responsible and accountable for the loss of, damage to or injury
caused to the personal properties and/or belongings of the Client’s personnel/ staff/s or
tenant/s entrusted and duly acknowledged by the assigned guard on duty if the cause/s
of the loss, damage or injury to such personal properties and/or belongings is/are
directly attributed to the negligence, fault or omission of the said guard established
during the investigation and upon written or oral complaint of the affected staff/s
personnel and tenant/s within 24 hours from the loss, damage or injury or discovery
thereof to the Agency or its duly authorized representative. Conversely, the Agency shall
not be responsible and accountable for the loss of, damage to or injury caused to the
personal properties and/or belongings of the Client’s staff/s personnel or tenant/s and
their house helpers not entrusted and duly acknowledge by the assigned guard on duty.
It is clearly understood that personal properties or belonging/s which is/are handy and/or
pocketable is/are the sole personal responsibility of the client’s staff/s, personnel or
tenants and their house helpers.

5. The AGENCY will not be liable for any loss, damage or injury caused by force majeure or
fortuitous event, or where the property claimed to have been lost, damaged or injured
are kept outside the jurisdiction of the guards and/or places where the guards have no
access.

6. For and in consideration of the services to be rendered by the AGENCY for the benefits
of the CLIENT, the CLIENT shall pay the AGENCY the amount of FIFTEEN
THOUSAND PESOS (Php 15,000.00) per guard/month, including Sundays & Holidays.
The Agency shall be responsible for the remittances of the governmental obligations
such as; SSS, PAGIBIG & PHILHEALTH in favor of the guards to the respective
agencies concerned.

7. All adjustments in the contract rate during the duration and affectivity of this contract,
particularly on minimum wages shall be mutually negotiated by both parties to this
contract and the documented context of which shall be made integral part thereof.

8. Failure on the part of the CLIENT to pay the AGENCY the equivalent amount
corresponding to two (2) consecutive billing periods shall be sufficient cause for the
Agency to terminate this contract without prejudice to its right of full indemnification,
inclusive of interest due at the rate of five (5%) percent per month, Attorney’s fee and
such other obligations/liabilities that the Client might incur, monetary or otherwise as a
result of such non-performance.

9. It is clearly and unequivocally stated that the guards to be assigned to the client are not
the employees of the CLIENT but of the AGENCY. There is no employer-employee
relationship between the client and the guard assigned arising and/or established under
this contract. In this regard, the Agency renders the Client free, immune and harmless
from any liability or claims of whatever nature that may arise or arising from personal
injury or death of the guard/s, in which event the Agency shall assume full responsibility.
 10. The AGENCY shall be responsible for the discipline, supervision and administration of
the guards assigned to the client. However, the client reserves the right to demand for
the replacement or relief of any guard whose performance or behavior in the line of duty
it deems contrary to its interest.

11. The term of the CONTRACT shall be for one (1) year commencing from
January 22, 2020 to January 22, 2021, renewable by mutual agreement of the parties
under the same terms and conditions, unless otherwise terminated by either party on the
ground provided by this contract or other justifiable cause, and provided that the party
concerned shall notify the other party in writing thirty (30) days prior to the effectivity of
such termination.

12. No amendments, alterations or changes in the contents of this contract may be made
without the expressed mutual consent of both parties.

13. It is mutually agreed upon by both parties hereto that litigations arising out of this
contract, if any, shall be arbitrated in the proper courts of Quezon City.

IN FAITH WHEREOF, the parties hereto have hereunto affixed their signatures in the
city of Quezon City, Metro Manila, Philippines this 22nd day of January, 2020.

NEW QUEENBEE SECURITY VALENZUELA VIEW SUBDIVISION

SERVICES, INC. HOMEOWNERS ASSOCIATION

By: By:

MR. JERRY F. VILLA, CSSP ___________________________

President & General Manager Client

Signed in the Presence of:

________________________ _______________________

REPUBLIC OF THE PHILIPPINES }

Quezon City } S.S

SUBSCRIBED AND SWORN TO before me a Notary after Affiants personally appeared with:

NAME: CTC NO.: DATE ISSUED: PLACE:

JERRY F. VILLA ______________ ________________ ___________________

_________________ ______________ ________________ ___________________

IN WITNESS WHEREFORE, I have hereby affixed my notarial seal and signature this ________ day of
______________, 2020 at Quezon City, Philippines.

Doc. No. ___________

Page No. ___________
Book No. ___________
Series of 2020