LEASE CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF LEASE is made and executed at the City of Iloilo, this day of 11th Day of March 2019, by
and between:

MA. DULCE PAGHARION TAN of legal age, Filipino, and with residence and postal address at 2A
Orchidsville Subd. Villa Arevalo Iloilo City hereinafter referred to as the LESSOR.

-AND-

HEALTH BASKET PRODUCE INC., a Domestic Corporation, duly registered with Securities and
Exchange Commission and principal office located at 2A Orchidsville Subd. Villa Arevalo Iloilo City
hereinafter referred to as the LESSEE.

WITNESSETH; That

WHEREAS, the LESSOR is the owner of THE LEASED PREMISES, a commercial property situated 2A
Orchidsville Subd. Villa Arevalo Iloilo City;

WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is willing to lease the
same;

NOW THEREFORE, for and in consideration of the foregoing premises, the LESSOR leases unto the LESSEE
and the LESSEE hereby accepts from the LESSOR the LEASED premises, subject to the following:

TERMS AND CONDITIONS

1. PURPOSES: That premises hereby leased shall be used exclusively by the LESSEE as Office and shall not
be diverted to other uses. It is hereby expressly agreed that if at any time the premises are used for other
purposes, the LESSOR shall have the right to rescind this contract without prejudice to its other rights under
the law.

2. TERM: This term of lease is for ONE (1) YEAR. from March 11, 2019 to March 10, 2020 inclusive. Upon its
expiration, this lease may be renewed under such terms and conditions as may be mutually agreed upon by
both parties, written notice of intention to renew the lease shall be served to the LESSOR not later than seven
(7) days prior to the expiry date of the period herein agreed upon.

3. RENTAL RATE: The monthly rental rate for the leased premises shall be in PESOS: Three Thousand Pesos
(P 3,000), Philippine Currency. All rental payments shall be payable to the LESSOR.

4. DEFAULT PAYMENT: In case of default by the LESSEE in the payment of the rent, such as when the checks
are dishonored, the LESSOR at its option may terminate this contract and eject the LESSEE. The LESSOR has
the right to padlock the premises when the LESSEE is in default of payment for One (1) month and may forfeit
whatever rental deposit or advances have been given by the LESSEE.

5. SUB-LEASE: The LESSEE shall not directly or indirectly sublet, allow or permit the leased premises to be
occupied in whole or in part by any person, form or corporation, neither shall the LESSEE assign its rights
hereunder to any other person or entity and no right of interest thereto or therein shall be conferred on or
vested in anyone by the LESSEE without the LESSOR'S written approval.

6. PUBLIC UTILITIES: The LESSEE shall pay for its telephone, electric, cable TV, water, Internet, association
dues and other public services and utilities during the duration of the lease.
7. FORCE MAJEURE: If whole or any part of the leased premises shall be destroyed or damaged by fire, flood,
lightning, typhoon, earthquake, storm, riot or any other unforeseen disabling cause of acts of God, as to render
the leased premises during the term substantially unfit for use and occupation of the LESSEE, then this lease
contract may be terminated without compensation by the LESSOR or by the LESSEE by notice in writing to the
other.

8. LESSOR'S RIGHT OF ENTRY: The LESSOR or its authorized agent shall after giving due notice to the
LESSEE shall have the right to enter the premises in the presence of the LESSEE or its representative at any
reasonable hour to examine the same or make repairs therein or for the operation and maintenance of the
building or to exhibit the leased premises to prospective LESSEE, or for any other lawful purposes which it may
deem necessary.

9. EXPIRATION OF LEASE: At the expiration of the term of this lease or cancellation thereof, as herein
provided, the LESSEE will promptly deliver to the LESSOR the leased premises with all corresponding keys and
in as good and tenable condition as the same is now, ordinary wear and tear expected devoid of all occupants,
movable furniture, articles and effects of any kind. Non-compliance with the terms of this clause by the LESSEE
will give the LESSOR the right, at the latter's option, to refuse to accept the delivery of the premises and compel
the LESSEE to pay rent therefrom at the same rate plus Twenty-Five (25) % thereof as penalty until the LESSEE
shall have complied with the terms hereof. The same penalty shall be imposed in case the LESSEE fails to leave
the premises after the expiration of this Contract of Lease or termination for any reason whatsoever.

10. JUDICIAL RELIEF: Should any one of the parties herein be compelled to seek judicial relief against the
other, the losing party shall pay an amount of One Hundred (100) % of the amount clamed in the complaint as
attorney's fees which shall in no case be less than P50,000.00 pesos in addition to other cost and damages
which the said party may be entitled to under the law.

11. This CONTRACT OF LEASE shall be valid and binding between the parties, their successors-in-interest
and assigns.

IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place above written.

_______________________ _________________________
LESSOR LESSEE

Signed in the presence of:

_____________________________ ______________________________
 ACKNOWLEDGEMENT

Republic of the Philippines)

BEFORE ME, personally appeared:

Name Government Issued ID No. Date/Place Issued

JIM MICHAEL P. TAN 281-857-257

Known to me and to me known to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their free and voluntary act and deed.

This instrument consisting of 3 page/s, including the page on which this acknowledgement is written, has been
signed on each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial
seal.

WITNESS MY HAND AND SEAL, on the before me this 13th day of March, 2019, at Iloilo City.

Notary Public

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