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MEMORANDUM OF AGREEMENT



Know It All Men By These Presents:

This Memorandum of Agreement made and entered into this ____      th
                                                                       day of February
2012 at Puerto Princesa City, Philippines by and between:

BUREAU OF CORRECTIONS with principal address at NBP Reservation, Muntinlupa
City, represented in this Agreement by its Director MR. GAUDENCIO S.
PANGILINAN hereinafter referred to as the FIRST PARTY;

                                       -and-

IWAHIG COMMUNITY ECOTOURISMASSOCIATION, Inc. (ICETA) an association
duly registered in the Securities and Exchange Commission (SEC) , Brgy. Iwahig,
Puerto Princesa City, with principal place of business represented in this Agreement
by its President MRS. JEANETTE V. GARCIA, hereinafter referred to as SECOND
PARTY.

                                WITNESSETH THAT:

WHEREAS, Iwahig Communtiy Ecotourism Association, Inc. (ICETA) has been
organized through the partnership and joint efforts of the City Government of
Puerto Princesa and ABS-CBN Foundation, Inc. (AFI) to implement and promote
Firefly Watching Ecotourism under the concept of Community Based Sustainable
Tourism Project;

WHEREAS, the Iwahig Community Ecotourism Association, Inc. (ICETA) is
committed to ensure sustainable use, development, management, protection and
conservation of the environment and natural resources and cultural heretage in
Barangay Iwahig for the enjoyment of the present and future generations;

WHEREAS, ICETA and the Bureau of Corrections (BuCor) are committed to be
partners in developing and promoting sustainable tourism that is designed to uplift
the socio-economic condition of concerned communities to improve their quality of
life and provide the visitors with a high quality of experience with nature;

WHERAS, Iwahig Prison and Penal Farm as an operating unit of BuCor has a
jurisdiction over an area of 28, 000 hectares including areas within the Iwahig River
where the ICETA operates its ecotourism activities;




                                                                                    1
NOW THEREFORE, for and in consideration of the foregoing premises, the parties
hereby agree and enter into this agreement under the following terms and
conditions;

   I.          GENERAL PROVISIONS

The parties agreed to establish Iwahig Firefly Watching Ecotourism, in pursuit of a
vision of making Puerto Princesa City a model of a sustainably developed city and
world class ecotourism destination where its people are living in harmony with
nature. The Project shall have the following objectives to wit:

   a. To organize the communities and promote Community Based Sustainable
      Tourism (CBST);

   b. To develop and showcase the project as a model of sustainable development
      concept;

   II.         SCOPE OF WORK AND OBLIGATION OF THE PARTIES

A. BUCOR shall undertake the following:

         A.1. Allow the ICETA to manage the 2.8 kilometers length of Iwahig River
         commencing from the old bridge, likewise to develop the adjacent area
         having a total of more or less three hectares into an ecotourism destination;

         A.2 Provide assistance and guidance to the Peoples Organization – Iwahig
         Community Ecotourism Association, Inc. in implementing the CBST project;

         A.3 Implement policies beneficial to the development and progress of the
         project;

         A.4 Provide support, protect and rehabilitate the entire CBST project;

         A. 5 Commit to support the fund raising activities of the association; and

         A. 6 Provide staff to monitor project activities in Iwahig River and the
         adjacent areas of the ecotourism destination to ensure security.

B. ICETA shall undertake the following:

         B.1     Immediately assumes the management of the project and the
                 responsibility for promotion and utilization of Firefly Watching and
                 Mangrove River Cruise’s Ecotourism Projects;

         B.2     Protect and rehabilitate the CBST site;


                                                                                    2
B.3     Prepare and implement CBST plans, policies and reports;

       B.4      Provide staff and personnel to man the project;

       B.5      Provide skills trainings for community members and in selected
                inmates of IPPF;

       NON-DISCLOSURE AND NON-COMPETITION

                All non-public, confidential or proprietary information relating to
             ICETA, their respective directors, officers, employees, whether written or
             oral and all other information which have been communicated as
             confidential information by ICETA to the BuCor, or which the BuCor may
             have access to in the course of and in connection with the performance of
             the project and this agreement shall be kept confidential by the BuCor
             and shall not be disclosed to any person even after the termination of this
             agreement.

III.         REPRESENTATIONS AND WARRANTIES

                The Parties represent and warrant to one another that:

                    a.    The execution, delivery and performance of this agreement
                         have been duly reviewed and authorized by all necessary
                         corporate and legal, legislative as well as the legislative branch
                         and legal department of Bucor as required by the
                         administrative procedures and will not result in any breach or
                         violations of any of the existing charter, documents, contracts,
                         procedures and authorizations;

                    b.    This agreement when executed constitutes valid and binding
                         obligations on the party and shall be enforceable in accordance
                         with its terms.

IV.          FORCE MAJEURE

                    Neither party shall be deemed in breach of any term or condition
             hereof and shall not be liable or responsible to the other to the extent that
             its performance is materially delayed or hindered by reason or acts of
             God, war and or other disturbances beyond its reason.

V.           ENTIRE AGREEMENT

                This agreement is the complete and exclusive statement of the
             agreement between the parties, and supersedes all understandings or
             prior agreements, whether oral or written, and all representations or
                                                                                         3
other communications between the parties in relation to the subject
        matter contemplated herein. This agreement is executed by the parties
        for and in consideration of the terms and conditions stated herein.

VI.     SEVERABILITY

            If any provision/s of this agreement is/are found by any court or
        administrative body of competent jurisdiction to be invalid or
        unenforceable, the validity or unenforceability of such provision shall not
        affect the other provisions of this agreement, and all provisions not
        affected by such invalidity or unenforceability shall remain in full force
        and effect. The parties agree to attempt to substitute for any invalid or
        unenforceable provisions such valid or enforceable provisions which
        achieves to the greatest extent possible the objectives of the invalid or
        unenforceable provisions.


VII.    WAIVER

            The waiver by either party of a breach of any of the provisions of this
        agreement by the other party shall not be construed as a waiver of any
        succeeding breach of the same or other provisions; nor shall any delay or
        omission by either party in exercising any right that it may have under
        this agreement operate as a waiver of any breach or default by the other
        party.

VIII.   AMMENDMENTS

            No modifications, amendments or supplements to this agreement
        shall be effective for any purpose unless made in writing signed by all
        parties. Waivers, approvals or consent hereunder by a party shall also be
        in writing.

IX.     NOTICE

            Any notice or other communication to be given under this agreement
        shall be in writing and shall be served by personal delivery or sending it
        by facsimile or prepaid post to the addresses of the parties specified in
        this agreement.

X.      RELATIONSHIP OF THE PARTIES

           Nothing contained in this agreement shall be construed as
        constituting or evidencing any partnership, agency or contract of
        employment between the parties. Neither party shall hold itself out


                                                                                 4
contrary to the terms of this agreement. It is specifically understood that
           each party is an independent contractor.

   XI.     VENUE OF LITIGATION

               The venue of any action between parties to this agreement shall be
           brought solely and exclusively in the proper courts of Puerto Princesa
           City.

   XII.    GOVERNING LAW

              This agreement shall be governed by and construed in accordance
           with Philippine Law.

   XIII.   EFFECTIVE DATE AND TERM / DURATION

              The term of this MOA shall be 10 years (10) renewable for another ten
           years commencing upon the date of signing of the parties. Upon
           expiration of the MOA, the parties may enter into a renewal thereof
           subject to the terms and conditions and the undertakings that the parties
           may agree upon.

   XIV.    TERMINATION OF AGREEMENT

              Seeing the nature of the activities involved no party hereto, shall
           terminate this MOA.


IN WITNESS WHEREOF, the parties have hereunto signed this MOA this ___ th day of
February 2012, at Puerto Princesa City.




FOR: The Bureau of Corrections

                              __________________________
                            GAUDENCIO S. PANGILINAN
                                  Director - Bucor


FOR: The ICETA, Inc.
                                                                                    5
_________________________
                                 JEANETTE V. GARCIA
                                    President - ICETA



                          SIGNED IN THE PRESENCE OF:



 GUILLERMO B. AYALA, MNSA                             DR. PATRIA GLORIA I. ORTEGA
    Officer in-charge, IPPF                        Project Manager-AFI/BK Ecotourism



       REBBECA V. LABIT                              HON. LAURA E. VENTURA
       City Tourism Officer                        Punong Barangay-Brgy. Iwahig



                              ENGR. JOVENEE SAGUN
                      City Planning and Development Officer




                                  ACKNOWLEDGMENT


REPUBLIC OF THE PHILIPPINES)
QUEZON CITY               ) S.S.

BEFORE ME, this ____ day of February 2012 at _____________ personally appeared the
following:


Name                                CTC No.                      Date/Place Issued

Gaudencio S. Pangilinan             ____________           Muntinlupa City
Jeanette V. Garcia                  ____________           Puerto Princesa City

known to me to be the same persons who executed the foregoing Agreement,
consisting of 7 pages including this page wherein the acknowledgment is written,
with instrumental witnesses and they acknowledged to me that the same is their
free and voluntary act and deed, as well as of the corporation represented herein.


                                                                                     6
IN WITNESS WHEREOF, I have hereunto set my hand and seal on the date and place
first above written.




                                                    ______________________________

Doc. No.___
Page No. ___
Book No. ___
Series of 2011.




                                                                                     7

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Iceta moa final

  • 1. MEMORANDUM OF AGREEMENT Know It All Men By These Presents: This Memorandum of Agreement made and entered into this ____ th day of February 2012 at Puerto Princesa City, Philippines by and between: BUREAU OF CORRECTIONS with principal address at NBP Reservation, Muntinlupa City, represented in this Agreement by its Director MR. GAUDENCIO S. PANGILINAN hereinafter referred to as the FIRST PARTY; -and- IWAHIG COMMUNITY ECOTOURISMASSOCIATION, Inc. (ICETA) an association duly registered in the Securities and Exchange Commission (SEC) , Brgy. Iwahig, Puerto Princesa City, with principal place of business represented in this Agreement by its President MRS. JEANETTE V. GARCIA, hereinafter referred to as SECOND PARTY. WITNESSETH THAT: WHEREAS, Iwahig Communtiy Ecotourism Association, Inc. (ICETA) has been organized through the partnership and joint efforts of the City Government of Puerto Princesa and ABS-CBN Foundation, Inc. (AFI) to implement and promote Firefly Watching Ecotourism under the concept of Community Based Sustainable Tourism Project; WHEREAS, the Iwahig Community Ecotourism Association, Inc. (ICETA) is committed to ensure sustainable use, development, management, protection and conservation of the environment and natural resources and cultural heretage in Barangay Iwahig for the enjoyment of the present and future generations; WHEREAS, ICETA and the Bureau of Corrections (BuCor) are committed to be partners in developing and promoting sustainable tourism that is designed to uplift the socio-economic condition of concerned communities to improve their quality of life and provide the visitors with a high quality of experience with nature; WHERAS, Iwahig Prison and Penal Farm as an operating unit of BuCor has a jurisdiction over an area of 28, 000 hectares including areas within the Iwahig River where the ICETA operates its ecotourism activities; 1
  • 2. NOW THEREFORE, for and in consideration of the foregoing premises, the parties hereby agree and enter into this agreement under the following terms and conditions; I. GENERAL PROVISIONS The parties agreed to establish Iwahig Firefly Watching Ecotourism, in pursuit of a vision of making Puerto Princesa City a model of a sustainably developed city and world class ecotourism destination where its people are living in harmony with nature. The Project shall have the following objectives to wit: a. To organize the communities and promote Community Based Sustainable Tourism (CBST); b. To develop and showcase the project as a model of sustainable development concept; II. SCOPE OF WORK AND OBLIGATION OF THE PARTIES A. BUCOR shall undertake the following: A.1. Allow the ICETA to manage the 2.8 kilometers length of Iwahig River commencing from the old bridge, likewise to develop the adjacent area having a total of more or less three hectares into an ecotourism destination; A.2 Provide assistance and guidance to the Peoples Organization – Iwahig Community Ecotourism Association, Inc. in implementing the CBST project; A.3 Implement policies beneficial to the development and progress of the project; A.4 Provide support, protect and rehabilitate the entire CBST project; A. 5 Commit to support the fund raising activities of the association; and A. 6 Provide staff to monitor project activities in Iwahig River and the adjacent areas of the ecotourism destination to ensure security. B. ICETA shall undertake the following: B.1 Immediately assumes the management of the project and the responsibility for promotion and utilization of Firefly Watching and Mangrove River Cruise’s Ecotourism Projects; B.2 Protect and rehabilitate the CBST site; 2
  • 3. B.3 Prepare and implement CBST plans, policies and reports; B.4 Provide staff and personnel to man the project; B.5 Provide skills trainings for community members and in selected inmates of IPPF; NON-DISCLOSURE AND NON-COMPETITION All non-public, confidential or proprietary information relating to ICETA, their respective directors, officers, employees, whether written or oral and all other information which have been communicated as confidential information by ICETA to the BuCor, or which the BuCor may have access to in the course of and in connection with the performance of the project and this agreement shall be kept confidential by the BuCor and shall not be disclosed to any person even after the termination of this agreement. III. REPRESENTATIONS AND WARRANTIES The Parties represent and warrant to one another that: a. The execution, delivery and performance of this agreement have been duly reviewed and authorized by all necessary corporate and legal, legislative as well as the legislative branch and legal department of Bucor as required by the administrative procedures and will not result in any breach or violations of any of the existing charter, documents, contracts, procedures and authorizations; b. This agreement when executed constitutes valid and binding obligations on the party and shall be enforceable in accordance with its terms. IV. FORCE MAJEURE Neither party shall be deemed in breach of any term or condition hereof and shall not be liable or responsible to the other to the extent that its performance is materially delayed or hindered by reason or acts of God, war and or other disturbances beyond its reason. V. ENTIRE AGREEMENT This agreement is the complete and exclusive statement of the agreement between the parties, and supersedes all understandings or prior agreements, whether oral or written, and all representations or 3
  • 4. other communications between the parties in relation to the subject matter contemplated herein. This agreement is executed by the parties for and in consideration of the terms and conditions stated herein. VI. SEVERABILITY If any provision/s of this agreement is/are found by any court or administrative body of competent jurisdiction to be invalid or unenforceable, the validity or unenforceability of such provision shall not affect the other provisions of this agreement, and all provisions not affected by such invalidity or unenforceability shall remain in full force and effect. The parties agree to attempt to substitute for any invalid or unenforceable provisions such valid or enforceable provisions which achieves to the greatest extent possible the objectives of the invalid or unenforceable provisions. VII. WAIVER The waiver by either party of a breach of any of the provisions of this agreement by the other party shall not be construed as a waiver of any succeeding breach of the same or other provisions; nor shall any delay or omission by either party in exercising any right that it may have under this agreement operate as a waiver of any breach or default by the other party. VIII. AMMENDMENTS No modifications, amendments or supplements to this agreement shall be effective for any purpose unless made in writing signed by all parties. Waivers, approvals or consent hereunder by a party shall also be in writing. IX. NOTICE Any notice or other communication to be given under this agreement shall be in writing and shall be served by personal delivery or sending it by facsimile or prepaid post to the addresses of the parties specified in this agreement. X. RELATIONSHIP OF THE PARTIES Nothing contained in this agreement shall be construed as constituting or evidencing any partnership, agency or contract of employment between the parties. Neither party shall hold itself out 4
  • 5. contrary to the terms of this agreement. It is specifically understood that each party is an independent contractor. XI. VENUE OF LITIGATION The venue of any action between parties to this agreement shall be brought solely and exclusively in the proper courts of Puerto Princesa City. XII. GOVERNING LAW This agreement shall be governed by and construed in accordance with Philippine Law. XIII. EFFECTIVE DATE AND TERM / DURATION The term of this MOA shall be 10 years (10) renewable for another ten years commencing upon the date of signing of the parties. Upon expiration of the MOA, the parties may enter into a renewal thereof subject to the terms and conditions and the undertakings that the parties may agree upon. XIV. TERMINATION OF AGREEMENT Seeing the nature of the activities involved no party hereto, shall terminate this MOA. IN WITNESS WHEREOF, the parties have hereunto signed this MOA this ___ th day of February 2012, at Puerto Princesa City. FOR: The Bureau of Corrections __________________________ GAUDENCIO S. PANGILINAN Director - Bucor FOR: The ICETA, Inc. 5
  • 6. _________________________ JEANETTE V. GARCIA President - ICETA SIGNED IN THE PRESENCE OF: GUILLERMO B. AYALA, MNSA DR. PATRIA GLORIA I. ORTEGA Officer in-charge, IPPF Project Manager-AFI/BK Ecotourism REBBECA V. LABIT HON. LAURA E. VENTURA City Tourism Officer Punong Barangay-Brgy. Iwahig ENGR. JOVENEE SAGUN City Planning and Development Officer ACKNOWLEDGMENT REPUBLIC OF THE PHILIPPINES) QUEZON CITY ) S.S. BEFORE ME, this ____ day of February 2012 at _____________ personally appeared the following: Name CTC No. Date/Place Issued Gaudencio S. Pangilinan ____________ Muntinlupa City Jeanette V. Garcia ____________ Puerto Princesa City known to me to be the same persons who executed the foregoing Agreement, consisting of 7 pages including this page wherein the acknowledgment is written, with instrumental witnesses and they acknowledged to me that the same is their free and voluntary act and deed, as well as of the corporation represented herein. 6
  • 7. IN WITNESS WHEREOF, I have hereunto set my hand and seal on the date and place first above written. ______________________________ Doc. No.___ Page No. ___ Book No. ___ Series of 2011. 7