DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

This DEED OF ABSOLUTE SALE, made and executed by and between:

______________________, Filipino, of legal age, and with office address at

____________________________________, hereinafter referred to as the BUYER

And

WALFREDO RIVAS, Filipino, of legal age, and with office address at

___________________________________, hereinafter referred to as the SELLER

WITNESSETH:

WHEREAS, the SELLER is the true and absolute owner of Shares of Stocks issued by
Global Training Systems, Phils. Inc., a corporation duly organized and existing under the laws
of the Philippines, with Certificate of Stock No(s). ______________.

WHEREAS, the SELLER has offered to sell his Shares of Stocks, together with all the
rights, interest, and actions issued by Global Training Systems, Phils. Inc to the BUYER, and the
BUYER has agreed to purchase the same, subject to the terms and conditions hereinafter set
forth.

NOW THEREFORE, in complete satisfaction of all the shares of stock, and any right,
interests, and/or actions, the SELLER hereby sells, transfers, and conveys, irrevocably and
absolutely, unto the BUYER, its heirs, successors, and assigns, with warranty of a valid and
legal title, free and clear of any and all liens, encumbrances, obligations, liabilities, or pecuniary
burdens on the aforementioned Shares of Stocks, in the total amount of
_____________________________, subject to the following terms and conditions:

1. The SELLER hereby warrants valid and legal title to the Shares/Certificates of Stocks
herein sold and conveyed and free and clear of any and all liens, encumbrances,
obligations, liabilities, or pecuniary burdens

2. The expenses for the payment of any form of tax shall be for the account of the
SELLER. The expenses for the payment of the documentary stamp tax, the expenses
for the preparation of this Deed of Absolute Sale, the expenses and fees for the
registration in favor of the BUYER, if any shall be for the account of the said
SELLER.

3. The SELLER waives, sells, assigns, all his rights, claims, and interests over the Shares
of Stocks and all rights, interests, actions, whether actual or inchoate, emanating
therein in favor of the BUYER.
 IN WITNESS WHEREOF, the parties have hereunto set their hands this ______ day
of ___________________ in the City of ____________.

Seller Buyer

SIGNED IN THE PRESENCE OF:

_____________________ ____________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

CITY OF ) S. S.

BEFORE ME, a Notary Public, for and in the above jurisdiction, this ___th day of
______________ 2015 personally appeared the following with their Tax Identification No.
and/or Passports, to wit:

Name I.D. No.

known to me and to me known to be the same persons who executed the foregoing Deed of
Absolute Sale, and acknowledged to me that the same is their free act and deed.

This instrument consisting of three (3) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page thereof
by the parties and their witnesses, and sealed with my notarial seal.

IN WITNESS WHEREOF, I have hereunto affixed my hand and seal in the place and date first
above written.

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 2015.