ap sample
TRANSCRIPT
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ARTICLES OF PARTNERSHIP
of
ZY CREATIVE IDEAS, LTD.
KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned, all of legal
age and residents of the Republic of the Philippines have agreed to amend a
limited partnership under the terms and conditions herein set forth and subject
to the provisions of existing laws of the Republic of the Philippines.
AND WE HEREBY CERTIFY:
ARTICLE I. That the name of the partnership shall be: ZY reative !deas, "td.
ARTICLE II. That the principal o#ce of the Partnership shall be located at
$%&'cions, anitoan, aga(an de )ro it(, Philippines.
ARTICLE III. That the names, citi*enship, residence and designation of the
partners of said partnership are as follows:
Name Citize!"i# Re!i$e%e De!i&ati'+bdulharis P. Papor
o
ilipino aga(an de )ro -eneral Partner
orhanna P. Papor
o
ilipino aga(an de )ro -eneral Partner
+dapodin P. Paporo ilipino aga(an de )ro "imited Partner'trawberr( +. "uci
niada
ilipino aga(an de )ro "imited Partner
ARTICLE IV. That the term for which said partnership is to exist is /0 (ears
from the original recording of said partnership b( the 'ecurities and 1xchange
ommission.
ARTICLE V. That the purpose for which said partnership is formed are as
follows:
%. To conduct business related to graphics design and la(outing including
business promotion and advertising2
3. To conduct photograph( and videograph( services for all occasions2 and
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/. To engage in business related to computer bu(ing and selling as well ascomputer repair services.
ARTICLE VI. That the capital of the partnership shall be 'ix 4undred Thousand,
Philippine urrenc( contributed in cash b( the partners as follows:
Name Am'(t C't)i*(te$+bdulharis P. Paporo Php 335,000.00orhanna P. Paporo Php 335,000.00+dapodin P. Paporo Php 65,000.00'trawberr( +. "uciniada Php 65,000.00
Total Php 700,000.00
That no transfer will reduce the ownership of ilipinos citi*ens to less than the
re8uired percentage of capital shall be recorded in the paper boo9s of the
partnership.
ARTICLE VII. That the prots and losses shall be divided pro;rata among the
partners.
ARTICLE VIII. That should there be an( additional contribution made b( a
limited partner, such must be agreed upon b( all the partners in writing and
dul( recorded at least two
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ARTICLE +I. That a partner ma( admit an additional limited partner, provided
that the other partners have been dul( notied in writing ve