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Account Name:
Bodyguard Water Purifier Provider
BPI Account #:
2046485172
Swift Code:
BNORPHMM
 
Account Name:
BG Water Filter Corporation
BDO Bank Account #:
003228015712
 
 
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BPI Account #
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Equipment Water Filter Agreement

Exclusive Distributor of Body Guard Water Purifier & Softener – www.bgwaterfilter.com

Finally safe drinking water becomes affordable.”

EQUIPMENT SERVICE AGREEMENT NO.

This contract made between BG Water Filter Corporation with principal office at PTMS Bldg. Room 2C, Guerrero St., Makati. Hereinafter referred to as "Lessor" and; , With residence/office address at . Hereinafter referred to as the "Lessee" under the following terms and conditions:

Quantity:Unit Model:

Today's Booking Fee: P 1,000.00

Scheme:

A 5,000

B 3,500

C 2,500

Upon Delivery ₱.

Date:

After 24 Months. Monthly Service fee ₱. 349

Due Date:

Delivery made from 1st -15th of the month due date falls on the 20th of the following month
Delivery made from 16th -30th of the month due date falls on the 5th of the 2nd month

This Equipment Service Agreement is made and effective this day of by and between BG Water Filter Corporation and hereinafter known as the "Payor".

Now therefore, in consideration of the mutual covenants and promises hereinafter set forth, the parties here to agree as follows:

  1. SERVICE SUBSCRIPTION : Payee offers for Service to Payor; and Payor desires to avail Services from the BG Water Filter Corporation the equipment mentioned above.

  2. TERM : Monthly Installment Plan according to the scheme indicated in this equipment water filter agreement and shall commence its Monthly rental of Three Hundred Fourty Nine Pesos (P349.00) after the end of the contract. Every anniversary/delivery date indicated here in the contract will regenerate the filter elements free of charge.

  3. SET-UP COST : Should the subscriber wishes to terminate the contract after the end of 24 months, the subscriber understand that he or she shall not be able to avail the yearly fee rehabilitation service of filter elements as well as the free filter elements every 6 months.

  4. SUBSCRIBERS PREROGATIVE : The unit costs Twelve Thousand Nine Hundred Fifty Pesos (P12,950.00) on cash or installment basis and a monthly rental fee of Three Hundred Fourty Nine Pesos (P349.00) begins at the end of 24 months.

  5. DELIVERY CHARGE : All delivery charges of the filter element, units among others, shall be paid by the subscribers via LBC and other service forwarders of choice.

  6. BENEFITS AND WARRANTY : Company does not give warranty against damages or defects arising out of improper or abnormal use or handling of the equipment. Company warrants that the equipment will be free from defects in material and workmanship throughout the term of this agreement. If the defects are properly reported to the company and manufacturer’s warranty sticker is not tampered by the Payor. It is the company’s sole and exclusive obligation to repair and/or replace the defective equipment whether based on contract, strict liability or otherwise, nor shall the Payor‘s damages exceed the amount of the purchase price equipment.

  7. LOSS OF UNIT : The Second Party hereby assumes and shall bear the entire risk of loss to the equipment from any and every cause whatsoever. Loss of the equipment thereof shall impair any obligation of The Second Party under this agreement which shall continue in full force and effect throughout the term of this agreement. In the event of the loss of the equipment, Payor shall pay to the company the replacement cost to the equipment in the amount of (P8,500) Eight thousand five hundred pesos only.

  8. DEFAULT : If the Second Party fails to pay for two (2) consecutive months, the company shall forfeit all commissions, insentives, privileges and benefits provided and designed by the company to the subscriber and shall have the right to exercise any one or more of the following remedies:

    1. To declare the entire amount of rental hereunder immediately due and payable without notices or demand to subscriber.
    2. To take possession of the equipment without demand or notice, wherever it maybe located, without any court order or other process or law.
    Notwithstanding, any repossession or any other action that company may take. The Second Party shall be and remain liable for the full performance of all obligations to be performed under this agreement. All of company's remedies are cumulative, and may be exercised concurrently or separately.

  9. OWNERSHIP : Before the end of 24 months, the equipment is, and shall at all times be and remain the sole and exclusively property of the company; and the Second Party shall have no right, title or Interest therein or there to except as expressly set forth in this agreement.

  10. ENTIRE ENGAGEMENT : This instrument constitutes the entire agreement between the parties on the subject matter hereof and it shall not be amended, altered or changed except by a further writing signed by the parties here to.

  11. HEADINGS : Headings used in this agreement are provided for convenience only and shall not be used to constitute meaning and intent.

  12. FINAL AGREEMENT : This agreement shall be effective immediately upon approval by the signature of all parties. Should a notarize form be required by government agency or any other institution, all parties agree that the same shall be executed from them. Furthermore, in case of controversy and/or litigation, all parties agree that the venue shall be in Cagayan de Oro City, Philippines.

    IN WITNESS THEREOF, parties here to have executed this agreement as of this day of


BG Water Filter Corporation
LESSOR SUBSCRIBER/LESSEE

Lessee

A C K N O W L E D G E M E N T

Republic of the Philippines ) S.S.

City of Cagayan De Oro     )

On this day of personally appeared before me, a Notary Public in and for the city of Cagayan De Oro, the following persons:

NAME PASSPORT/CTCNUMBER DATE ISSUED PLACE ISSUED
1.
2.
3.

All known to me to be the same persons who executed the foregoing document and acknowledgement that the same is an act of their free and voluntary will and deed.

IN WITNESS WHEREOF, I hereunto sign this document and affix my seal of office on this date and place aforementioned.

NOTARY PUBLIC
Doc. No.
Page No.
Book No.
Series of 20