15/F Commerce & Industry Plaza #1030 Campus Ave. Cor. Park Ave.

McKinley Town Center, Fort Bonifacio Taguig City

Date:

ATTENTION : JAVIER ROMEO K. ABUSTAN

SENIOR ASSISTANT VICE PRESIDENT
Megaworld Platinum – Paragua Coastown

SUBJECT : LETTER OF INTENT – SALES BROKER

Gentlemen:

I / We hereby manifest my / our interest to be accredited as non-exclusive Sales Broker to sell

Megaworld Platinum – Paragua Coastown projects.

I / We am / are willing to undergo the regular sales briefing / seminars that Megaworld Platinum
– Paragua Coastown will conduct. Likewise, I / We will follow the procedures and policies that
Megaworld Platinum – Paragua Coastown I will set, from time to time, concerning the sales guidelines.

To assess my / our qualification, I / We have attached herewith the following requirements for
accreditation:

Photocopy of Professional Real Estate Broker’s Certificate

Photocopy of Professional Real Estate Broker’s License ID

Photocopy of Certificate of Registration (if Corporation, Partnership, Association)

Photocopy of Certificate of VAT Registration and proof of TIN

Photocopy of Community Tax Certificate or Passport (for notarization purposes)

Thank you and I / We look forward to working with your company.

Very truly yours,

Signature over printed name

NAME
ADDRESS
CONTACT NO/s
 15/F Commerce & Industry Plaza #1030 Campus Ave. Cor. Park Ave.
McKinley Town Center, Fort Bonifacio Taguig City

BROKER’S ACCREDITATION FORM

PROFILE OF BROKER

Name: If Corporation, Partnership or Association:

Office Address: Name of Company:

Office Address:
Tel. No/s
Residence: Tel No/s Fax No.
Tel..No/s REBL No. Exp. Date
Email Address:

List of Documents to be Submitted:

- Photocopy of Professional Real Estate Broker’s Certificate
- Photocopy of Professional Real Estate Broker’s License ID
- Photocopy of Certificate of Registration (if Corporation, Partnership, Association)
- Photocopy of Certificate of VAT Registration and proof of TIN
- Photocopy of Community Tax Certificate or Passport

CONDITIONS:

1. That Megaworld Platinum – Paragua Coastown reserves the right to approve the Letter Offer/Term Sheet of any transaction
resulting from our listing prior to presentation to a client for closing.

2. That the selling price is based on the current price list issued to you subject to price increases from time to time without prior
notice;

3. That the sale shall be made on CASH basis or thru the Installment plan designed by Megaworld Platinum – Paragua Coastow;

4. That the above-mentioned commission (exclusive of VAT) less withholding tax shall be released based of the following
payment and commission milestone: SEE ANNEX

5 That the above-mentioned commission (exclusive of VAT) less withholding tax shall be released only upon the completion and
submission of all required payments and following documents:

TRANCHE Cleared Payment % REQUIREMENTS

1ST 20% 10% 1. Signed Reservation Agreement, including Buyers Information
2ND 20% 20% Sheet (Original)
2. Government Valid ID's
3RD 20% 30%

4TH 20% 30% 3. Signed CTBS

5TH 20% 30% 4 Complete PDCS

• All other pertinent documents which will be required by the company

6. That you are appointed as our NON-EXCLUSIVE real estate broker to sell all Megaworld Platinum – Paragua Coastown
projects which we are authorized to sell.

7. See Annex A-D for commission rate.

CONFORME: (signature over printed name) RECOMMENDED BY: (signature over printed name)

_
ACCREDITED BROKER BROKERS NETWORK MANAGER/ SALES DIRECTOR
APPROVED BY: Megaworld Platinum – Paragua Coastown

_
BY: JAVIER ROMEO K. ABUSTAN
SENIOR ASSISTANT VICE PRESIDENT –Megaworld Platinum

Date:
 15/F Commerce & Industry Plaza #1030 Campus Ave. Cor. Park Ave.
McKinley Town Center, Fort Bonifacio Taguig City

BROKER’S INFORMATION SHEET

DATE: ______________NO.

Gentlemen:

I/WE hereby respectfully submit the following information for our application as one of your company’s
authorized brokers to sell:

1. Name of Applicant (or authorized Company Officer/Representative)

First Name Middle Name Last Name

2. Birthday : Civil Status :

TIN : Citizenship :

3. Name of Spouse: Occupation :

4. Office Name & Address :

Telephone Nos.: Fax Nos.:

5. Present Residence Address :

Telephone Nos.: Fax Nos.:

6. Residence for the last ten (10) years : Period Covered

7. If a Corporation/Partnership/Association :
Name of Corporation/Partnership/Association :
Office Address :
Telephone Nos. : Fax Nos.:

Name and Address of Executive Officers and Directors:

NAME POSITION ADDRESS

8. REBL No. Date Issued: Expiration :

9.
10.Business History as Broker (Please attach separate sheet if space is not enough)

Properties you have sold Developer / Owner

Year Location Value (Person to Contact) Tel No.
11.A) TRADE REFERENCES: (Give at least 3) If company, give the name of contact person.
Name of Company Contact Person Address & Tel No.

B) BANK REFERENCES: (Give at least 2)

Name of Bank & Branch Current/Savings Acct No. Address & Tel No.

C) CHARACTER/PERSONAL REFERENCES: (Give at least 3)

NAME ADDRESS TEL. NO.

12. Industry Affiliation:

13. List of Documents submitted:

Photocopy of Real Estate Broker’s Certificate
Photocopy of Broker’s License
Photocopy of Cert. of Registration if Corporation/Partnership/Association
NBI Clearance
Official list of all agents (with contact details) for Broker House / Realty Firm

How many people are working under you?

Licensed Broker’s / Realtors: Licensed Agents: Others:

- for Broker House / Realty Firm, kindly fill-up the next page for the list of your agents / sub-agents
under your Institutional group / Broker House (minimum of 10 & maximum of 20 salespersons).
 NAME OF AGENT CONTACT NUMBERS E-MAIL ADDRESS

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I have familiarized myself with the Presidential Decree No. 957 and promise to abide by and comply with its provisions its
implementing Rules and Regulations and all laws governing the Real Estate trade and business. Further, I hereby agree to
comply with all the terms and Megaworld Platinum.

I/WE hereby certify that the above information is true and correct to the best of my/our knowledge and that
Megaworld Platinum is authorized to obtain such information as it may require for the purpose of evaluating my/our
application.

Very truly yours,

(Print Name & Signature)

General Policies Regarding Accreditation of Brokers
1. Prerequisites for Accreditation

Brokers who wish to be accredited by Megaworld Platinum for the purpose of marketing and
selling units, lots, or club shares in Megaworld Platinum projects must submit to Megaworld Platinum
the following requirements for accreditation:

a. Photocopy of license as a real estate broker and the Certificate of Registration issued by the
Professional Regulation Commission (PRC).

b. Photocopy of Value Added Tax (VAT) Registration Certificate and Tax Identification Number
(TIN) Card issued by the Bureau of Internal Revenue (BIR).

c. An application letter, signifying therein the broker’s undertaking to comply with these General
Policies and the guidelines governing the sale of units or lots for each Megaworld Platinum
projects which may be issued by Megaworld Platinum from time to time, as well as such other
policies, rules and regulations, which may be prescribed by Megaworld Platinum; and together
with said application letter, an original of this document duly concurred and signed by the
broker. Notwithstanding complete submission of the foregoing requirements, a broker shall
not be deemed authorized, as its not allowed to market and sell lots or units in any Megaworld
Platinum. projects without the express written approval by Megaworld Platinum of the broker’s
application for accreditation.

2. Properties Offered

Brokers shall be advised of such projects/ properties, which they may offer for sale on a first-
come-first serve basis in accordance with the relevant guidelines governing sale of lots or units for
each project. The accreditation of the broker is not a blanket authority to sell any and all units or lots
in all Megaworld Platinum projects. Megaworld Platinum reserves the right to restrict or limit the sale
or selling activities to be conducted by a broker or brokers to selected Megaworld Platinum projects
of which the broker shall be advised from time to time.

3. Price and Terms of Payment

Prices and terms of payments applicable to the sale of units, lots or club shares in all
Megaworld Platinum projects shall be advised to accredited brokers from time to time. Prices and
terms of payment are subject to change without prior notice. Accredited brokers should contact
Megaworld Platinum from time to time to be updated of any new developments on the project and the
units or lots therein, particularly changes in available inventory and prices, if any.

4. Basis of Allocation of Units / Lots / Club Shares

a. Prior reservation of units or lots in Megaworld Platinum projects or registration of buyers will
not be honored unless the reservation fee / deposit is paid by the buyer. For this purpose, if
payment were to be made in the form of a check, only cleared check(s) issued by the buyer
shall be honored. Brokers’ check shall not be honored.

b. Allocation of units, lots or club shares will be made on a first-come-first-serve basis to be

determined based on the time at which the buyer remits the reservation fee / deposit. Where
two or more buyers / brokers are physically present at the office / premises of Megaworld -
Platinum for the purpose of remitting a payment for the same unit or lot, priority will be
determined by lots in which the name of the buyer who shall be entitled to purchase the unit
or lot will be drawn by the head of sales of Megaworld Platinum. The time of actual arrival of
a buyer or broker at the Megaworld Platinum office before the start of business hours shall not
indicate priority.
5. Commission

5.1. Conditions for Release

• The broker must deliver the cash or checks payable to San Vicente Coast Inc
covering the Contract Price, payment for Value Added Tax, registration and transfer
fees and other charges in connection with the sale including all required documents
from clients duly accomplished. A Request for Commission Payment Form should also
be accomplished.

• Megaworld Platinum shall recognize the broker who delivers the buyer’s check and
has prior registration of the buyer together with a duly accomplished reservation
agreement signed by both buyer and the broker in order to recognize the broker as
entitled to the commission pertaining to the sale. A broker cannot claim credit for the
sale of a unit, lot or club share once buyer’s check has been accepted directly by
Megaworld Platinum.

• The broker shall only be entitled to payment of commission based on commission

structure as attached. In case of payment of checks, it will only be considered as
payment once the checks are cleared by the bank. Mere acceptance and deposit of
checks by Megaworld Platinum shall not be construed as payment.

5.2. In the event that a sale is claimed by two or more accredited brokers, the broker who delivers
the buyer’s check to Megaworld -Platinum and has prior registration of the buyer shall be
recognized as the broker entitled to the commission pertaining to the sale. If both or all brokers
claiming representation of a buyer each delivers to Megaworld -Platinum a check from one and
the same buyer, the following procedure shall be followed in determining who among said brokers
is entitled to a commission:

- The broker who was the first to deliver a buyer’s check payment to Megaworld -Platinum shall
be deemed to be the broker entitled to the commission. For purposes of delivering a buyer’s
check payment to Megaworld -Platinum, personal appearance of the broker shall be required at
the office of Megaworld -Platinum.

- Where two or more accredited brokers are physically present at the aforesaid office premises
at the start of business hours, i.e., 9:00a.m., for the purpose of delivering payment of the same
buyer, the determination of who among such brokers shall be entitled to a commission shall be
done by lots in which the broker’s name will be drawn by the head of sales of Megaworld -
Platinum. The time of actual arrival by a broker at the office of Megaworld -Platinum before the
start of business hours shall not be used as basis in determining who among the brokers shall
be entitled to a commission.

- Commission schemes shall vary for each project.

6. Broker’s Duties and Responsibilities

6.1. Sales Related

Brokers should duly inform their respective prospective buyers of the terms and conditions of the sale,
as contained in the relevant sales agreements for a particular Megaworld Platinum project, the
covering deed of restrictions, or master deed for a particular Megaworld Platinum project and other
policies that may be relevant to the purchase of the units, lots, and club shares in Megaworld Platinum
projects. In this connection, the broker shall be responsible for obtaining updates and other
information from Megaworld Platinum as well as new developments on the projects and the units, lot,
or club shares therein, particularly changes in available inventory and prices, if any.
Submission to Megaworld Platinum of all pertinent information on the buyer and documents required
to affect the sale and registration thereof shall be the responsibility of the broker. The broker shall
render full assistance and service in concluding sales to the point where reservation and full down
payments are collected, reservation document and contract to sell duly signed, post-dated checks
delivered, and executive of other requirements necessary for Megaworld Platinum to be able to
legitimately book the transaction as a sale.

It shall be the duty and responsibility of a broker to ensure that payment on the sale of the units, lots
or club shares facilitated by said broker are made to Megaworld Platinum on their actual due dates,
including payment of VAT, transfer tax, registration expenses, documentary stamp tax and other fees
and expenses on the sale and registration thereof, as well as association dues, interest and penalties,
real property tax and other related fees and expenses the payment for which may be advanced by
Megaworld Platinum.

6.2. All taxes accruing on the receipt by an accredited broker of the commission which may be due
to said broker’s account, shall be subject to payment of creditable withholding tax (CWT). The
broker authorized Megaworld Platinum to withhold the corresponding creditable withholding
tax due on the commission and to remit the same to the Bureau of Internal Revenue or its
successor agency.

6.3. Upon release of the commission, accredited brokers shall be required to issue in favor of
Megaworld Platinum a receipt or invoice duly registered with the Bureau of Internal Revenue
indicating therein the Taxpayer’s Identification Number and VAT-registration number of said
accredited broker.

6.4. The Broker shall provide Megaworld Platinum list of its agents who will be assigned and
service the Project.

7. Advertisements

A broker may not advertise or publish in magazines, newspaper, radio, televisions, or any
form of media any information regarding Megaworld -Platinum projects or the sale of units, lots, or
club shares therein without the prior written approval of Megaworld -Platinum All expenses for
advertisements, when approved by Megaworld -Platinum shall be for the sole account of the Broker.

8. Brokers’ Behavior and Prohibited Acts

Accreditation with and by Megaworld Platinum is a privilege granted by Megaworld Platinum,

which can be withdrawn at any time at the discretion of Megaworld Platinum. Accredited brokers are
therefore expected to act with utmost integrity and professionalism always upholding the interest of
Megaworld Platinum above their own.

In this regard, accredited brokers are strictly prohibited from soliciting business from direct
clients of Megaworld Platinum (a client is considered a direct client / buyer upon submission of the
reservation agreement that states they do not have a broker). A broker may, however, be recognized
as the official representative of an existing Megaworld Platinum buyer for any succeeding purchases
(whether in the same project or a direct one) provided that he / she is given due recognition by the
buyer as indicated in the reservation agreement. In the same light, a broker’s recognized client for
one sale may become a direct buyer of Megaworld Platinum for any succeeding sales should the
client feel it to be in his / her best interest to do so. Any violation of this prohibition shall be a ground
for the automatic cancellation of the erring broker’s accreditation including forfeiture of any unreleased
commissions.
9. General Provisions

a. Any violation of the above terms will be a ground for Megaworld Platinum to automatically
cancel the accreditation of the broker.

b. Megaworld Platinum reserves the right to cancel at any time the accreditation of a broker or
any other authorization granted thereto by giving prior written notice of such withdrawal.

c. Pursuant to item 4.a above, Megaworld Platinum reserves the right to refuse to sell units, lots,
club shares to a buyer who is referred by a broker for any reason whatsoever.

d. Each broker shall hold Megaworld Platinum free and harmless from any action or claim, which
may be brought by any person or entity against said broker. If such action or claim is due to,
caused by or arises out of an act, the misinterpretation, fault, or negligence of the broker.

e. Any of the foregoing terms and conditions may be subject to change by Megaworld Platinum
of which changes the broker shall be notified and shall be deemed to be bound thereby.

Conforme:

Signature over Printed Name

(Please sign each page)

 COMMISSION STRUCTURE FOR Megaworld Platinum - PARAGUA COASTOWN SALES

ANNEX A

For Property Specialist, Senior Property Specialist, Assistant Sales Manager, Marketing Partner & Broker:

COMMISSION PERCENTAGE

Conforme:

________________________
Name and date
APPROVED BY:

JAVIER ROMEO K. ABUSTAN

SAVP—Paragua Coastown – Megaworld Platinum

cc: payroll/HRD/file copy

revised: 2021