BID FORMfor Buena Mano Car Sale/ Buena Mano Truck, Heavy and Various Equipment Sale

[Fill out completely and legibly. Incomplete and illegible form will be disqualified]

Date: ______

BPI FAMILY SAVINGS BANK

PROPERTY SALES & LEASES DIVISION (Auto/Chattels)

Ground Floor, The EnterpriseCenterTower 2,

Paseo de Roxas corner Dela Rosa Sts., Makati City

Gentlemen:

I would like to tender my offer to purchase on an “As-Is-Where-Is” basis the hereunder described motor vehicle/chattel for PESOS:______

______(P )

Stock No.: ______

Unit Description: ______

Plate Number: ______

My Name: ______

Address: ______

______

Telephone / Fax: ______

Cellphone: ______

E-mail: ______

(In the event my bid wins, I can be notified of the auction results through the above numbers which I shall keep open and available on auction date and thereafter)

I/We hereby acknowledge and accept the following terms and conditions as follows:

1.That the above mentioned motor vehicle/s/chattels, hereinafter referred to as unit/s is/are sold on an “As-Is-Where-Is” basis;

2.That the subject unit/s’ registration in the Registry of Deeds/Land Transportation Office is not updated;

3.That after having made a reasonable inspection and examination of the above mentioned unit/s, its/their physical condition, documentation and historical background, I am satisfied therein in all respects;

4.That in the event my bid to buy the unit/s is accepted and approved by the bank, the said right-to-purchase is exclusive and non-transferable by me;

5.That the terms of payment is on Cash Basis/Managers Check/Cashiers Check or a Bank Guarantee issued by BFB Auto Loans. Payment must be made within 48 hours from notification, failure of which shall result in the cancellation of the bid and forfeiture of my right to purchase the unit/s;

6.That I commit to make my contact numbers (indicated above) open and available at all times during the auction date and thereafter, failure to do so may result in non-notification and eventual forfeiture;

7.That all Documentary Stamp Tax, Value Added Tax (if any), transfer tax, expenses for the preparation of the Deed of Sale and other relevant documents, notarial fees; expenses/ fees for the cancellation of previous ownership and corresponding transfer in favor of me and other taxes and fees as may be imposed by law shall be borne exclusively by the me. The actual cancellation of the existing mortgage and transfer of ownership of the vehicle bought shall be done by me.

8.That the Bank shall execute/issue the Deed of Absolute Sale upon full payment/clearance of my check for the full payment of the purchase price;

9.That I am required to submit my offer in a sealed envelope and attach a photocopy of any of the following identification papers: driver’s license, company ID, Postal ID , SSS or GSIS and drop my bid in the Bank’s designated bid box in its PSLD Office (address provided above);

10.That the Bank reserves the right to reject any and all offers and to accept the most advantageous bid at the Bank’s sole discretion.

______

Signature Over Printed Name of Buyer/s

If UNIBANKERTIN No. ______

Emp.ID No ______CTC No. ______

Division/Department/Branch:Date Issued ______

______

Place of Issue ______