This Agreement, made and entered by and among:

                     __________, of legal age, single/married and resident of __________

                     __________, of legal age, single/married and resident of __________

                     __________, of legal age, single/married and resident of __________

                     __________, of legal age, single/married and resident of __________

           WHEREAS, the above-named parties are all licensed real estate brokers/agents;

                     WHEREAS, they are all involved in the sale/purchase of a property described as ______________________________________________ which is now the subject of negotiation between buyer and seller;

           WHEREAS, in the event the sale/purchase is consummated, the brokers/agents will be entitled to a ___% broker's commission based on the agreed purchase price between seller and buyer.

           WHEREFORE, the parties herein (brokers/agents on the the buyer's side or on both sides), have agreed and stipulated as follows:

           1. That of the ____% commission, it will be shared by the brokers/agents in the following manner:

                     ______________________________ (state here specific agreement) and thus:

                     (a) _________ will get _____%

                     (b) _________ will get _____%

                     (c) _________ will get _____%

           2. That after the consummation of the sale/purchase, the entire ___% commission will go or will be given by the seller to _____________________, and he will have the responsibility to distribute the proper percentage of commission as above stipulated to each party and to require each recipient to sign receipt therefor.

           IN WITNESS WHEREOF, the parties have signed their names on this ___ day of ________, 2004 in the City of ____________________, Philippines.