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ARTICLES OF PARTNERSHIP

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ARTICLES OF PARTNERSHIP
ARTICLES OF PARTNERSHIP of J2DS TICKETING COMPANY, 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: J2DS Ticketing Company, Ltd.

ARTICLE II. That the principal office of the Partnership shall be located at Luna St. Lapaz, Iloilo City, Philippines.

ARTICLE III. That the names, citizenship, residence and designation of the partners of said partnership are as follows:

Name Citizenship Residence Designation
Jorgielyn F. Pardilla Filipino Passi City, Iloilo General
Julie G. Tirador Filipino Janiuay, Iloilo General
Shiela Mae C. Calvo Filipino Anilao, Iloilo Limited
Divine Mercy D. Isaac Filipino Batad, Iloilo Limited

ARTICLE IV. That the term for which said partnership is to exist is 30 years from the original recording of said partnership by the Securities and Exchange Commission.

ARTICLE V. That the purpose for which said partnership is formed are as follows:
1. To provide excellent customer service.
2. To provide excellent customer service.
3. To make good and long term relationship with our customers.

ARTICLE VI. That the capital of the partnership shall be Eight Hundred Thousand, Philippine Currency contributed in cash by the partners as follows:

Name Amount Contributed

Jorgielyn F. Pardilla Php, 240,000 (30%)
Julie G. Tirador Php. 240,000 (30%)
Shiela Mae C. Calvo Php. 160,000 (20%)
Divine Mercy D. Isaac Php. 160,000 (20%)

That no transfer will reduce the ownership of Filipinos citizens to less than the required percentage of capital shall be recorded in the paper books of the partnership.

ARTICLE VII. That the profits and losses shall be divided pro-rata among the partners.

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