BUILDING MANAGEMENT SERVICES AGREEMENT

This Agreement for Building Management Services is made effective as of 16

October 2015 by and between:
___________________________ a corporation duly organized and existing under the
laws of Republic of Korea, licensed to do business in the Philippines, with branch
office address at ______________________________, represented by its Regional
Managing Director and General Manager, _____________________, hereinafter
referred to as PRINCIPAL
and
__________________, of legal age, married, Filipino, and a resident
___________________________, hereinafter referred to as CONTRACTOR

of

In consideration of the mutual promises set forth below, the parties agrees as
follows:
DESCRIPTION OF SERVICES. The Contractor will render services enumerated
below every Monday to Friday 08:00am to 05:30pm:
Provides regular reports to management regarding status of the
building, utilities and services;
Recommends for approval the ordering of supplies, materials,
equipment and services;
Ensures that all building occupants comply with the policies and
procedures of the building;
Administers the lease document between the owner and the tenant;
Sort out quotation and process requisition requests for materials
needed in building maintenance;
Process and create payment vouchers for settlement of cash advances
in accounting dept.;
In-charge of marketing and leasing of the building;
Over-all in charge of facilities and maintenance of the building
Performs related duties as assigned by the management.
CONTRACTOR'S FEE. In consideration of the services to be performed by the
Contractor, the PRINCIPAL agrees to compensate the CONTRACTOR for the
services in the amount of Php 30,190.00 which shall be paid every 5 th (1st Half)
and 20th (2nd Half) of the month. In excess of working hours, the CONTRACTOR
shall be entitled to Php 113.05 per hour.
TERM. This Agreement shall be valid for one (1) year from the date of
commencement. This Agreement may be renewed or extended upon mutual
agreement of the parties.
RELATIONSHIP OF PARTIES. It is understood by the parties that the Contractor
is an independent contractor with respect to the Principal and not an employee
of the Principal.

CONFIDENTIALITY. Both
relation to this Agreement
disclose to 3rd parties any
the other party. Each party
purpose of this Agreement.

parties shall treat all information confidentially in

during the terms of this Agreement and shall not
confidential information without prior permission of
shall not use confidential information except for the

ENTIRE AGREEEMENT. This Agreement contains the entire agreement of the

parties, and there are no other promises or conditions in any other agreement
whether oral or written.
TERMINATION. This Agreement may be pre-terminated with 30 days prior
written notice upon the other party.
SEVERABILITY. If any provision of this Agreement shall be held to be invalid or
unenforceable for any person, the remaining provisions shall continue to be valid
and enforceable.
IN WITNESS WHEREOF, the parties hereto have signed this Building Management
Services Agreement on __________________,

___________________________
By:
_______________________

_______________________

SIGNED IN THE PRESENCE OF:

______________________

________________________

ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES
_______________________________) s.s

BEFORE ME, a notary public for and in ____________________________, on this

_____ day of _____ 2015:
NAME

PASSPORT NO.

DATE/PLACE ISSUED

PYUNG JONG YU
ALFREDO C. MANALO

___________________
___________________

____________________
____________________

All known to me and to me known to be the same persons who executed

the foregoing instrument and that they acknowledged to me that the same is
their free and voluntary act and deed as well as the companies they represent.
This instrument refers to Building Management Services Agreement which
consist of three (3) pages, including this page whereon acknowledgement is
written and signed by the Parties and their instrumental witnesses on each page
thereof.
WITNESS MY HAND AND SEAL
Doc. No.
______;
Page No.
______;
Book No.
______;
Series of 2015.