MANAGEMENT CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This Management Contract is made and executed this ____ day of _______, 2017 by
and between:

________________________, of legal age, Filipino, and with residence and postal

address at ___________________________________________ hereinafter referred to as
the "Manager";

-AND-

VELOX ENERGY PHILIPPINES CORPORATION, a corporation registered under

Philippine Law and with office address at 61-A Osmena St. Cagayan de Oro and
represented herein by its President, Mr. John Lester T. Tan, hereinafter referred to as
the OWNER.

WITNESSETH;

WHEREAS, the Manager carries on business as a manager and the Owner wishes to
retain the management services of the Manager in connection with the carrying of the
Gas Refilling Station Business (the Business) located__________________.

WHEREFORE, in consideration of the mutual covenants contained in this Agreement

and other good and valuable consideration, the receipt of which is acknowledged by
each party, the parties agree with each other as follows:

1. Management Services. The Manager shall provide to the Owner as required by the
latter the following management services for the operation of a gas refilling station
which specifically includes the following:

(a) All equipment (the Equipment) required by the Owner in connection with
the Business including but not limited to: computers, gas pumps, underground tanks,
generator set etc..;
 (b) Manpower management of the station crew which includes the hiring,
discipline and firing of those assigned under his station;

(c) Marketing of the fuel and lubricant products;

(d) Collection of accounts receivable; and such other assets and services as may
be required from time to time.

2. Business Expenditures.

The Manager will pay all expenditures necessary to maintain the Business
including, but not limited to the rental payments, the cost of all supplies and all phone
and other utilities.

3. Management Fee.

In consideration of the Manager undertaking the management of the Business,

the Owner agrees to pay to the Manager a fix monthly fee of _________________________
plus ___ percent of the net profit. The payment shall be made within ten (10) days of
the Manager submitting his or her monthly invoice for payment to the Owner.

4. Ownership of Equipment.

The Equipment shall at all times be and remain the exclusive property of the
the Owner and the Manager shall have no right of property except the right to use the
Equipment on the terms and conditions in this Agreement.

The Owner shall at all times, at its own expense, keep the Equipment in good
and efficient working order and repair. The Manager, its employees and agents shall at
all reasonable times have access to the Equipment for the purpose of inspecting it.
The Manageer shall not, without the prior written consent of the Owner make any
alterations, additions or improvements to the Equipment. All alterations, additions or
improvements shall belong to and remain the property of the Owner.
5. Risk of Loss Or Damage.

Except for loss or damage to the Equipment from fire or theft, the Manager
assumes the entire risk of loss or damage to the Equipment from any cause. No loss
or damage to the Equipment or any part of it, except loss or damage from fire or theft,
shall affect the obligations of the Owner.

6. Liens and Taxes.

The Manager shall keep the Equipment free of levies, liens and encumbrances
and shall pay all license fees, registration fees, assessments, charges and taxes
(municipal, state and federal), which may be levied or assessed directly or indirectly
against or on account of the Equipment or any interest therein or use thereof. If the
Manager shall fail to pay such license fees, registration fees, assessments, charges or
taxes, the Owner may pay the same in which event the cost shall be deducted to the
management fee.

7. Compliance with Law.

The Manager shall comply with all laws, ordinances, regulations and by-laws
present or future, in any way relating to the ownership, possession, use or
maintenance of the Equipment throughout the term of this Agreement, and shall
indemnify the Owner against all liability it may incur by the Owners failure to comply.

8. Termination.

This agreement shall be for a period of ________, renewable for another ____
years.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the

date first written above.
_________________ _____________________________
Manager Owner

__________________ VELOX ENERGY PHILIPPINES CORPORATION

Represented by:

June Louis T. Tan

________________ _________________

Witness Witness
 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)

_____________________________ ) SS.

BEFORE ME, a Notary Public, this ____________day of ________________, personally

appeared the following:

Name TIN Number

John Lester T. Tan 265-748-646

___________________

This instrument, consisting of 3 pages, including the page on which this

acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.

IN WITNESS WHEREOF, I have hereunto set my hand the day, year and place above
written.

Doc. No. ___________

Page No. ___________
Book No. ___________
Series of ___________