ADOPT-AN-AGARWOOD™ local & International

VALUE-SHARING AGREEMENT

Local (PHP) and International (USD) Versions

This document provides two aligned versions of the Value‑Sharing Agreement framework, adapted for Philippine-based stewards and international stewards. Both versions share the same ethical, biological, and regulatory foundations.

VERSION A: PHILIPPINE (PHP‑FOCUSED)

For Philippine Residents & Domestic Corporations

1. Currency & Payments

  • All stewardship fees are denominated and payable in Philippine Pesos (PHP).
  • Payments may be made via bank transfer, approved digital wallets, or corporate checks.
  • Fees cover plantation management, regulatory compliance, monitoring, and reporting.

2. Legal Characterization

  • This Agreement is a stewardship and value‑sharing arrangement, not an investment contract.
  • No ownership in land, trees as real property, or plantation assets is transferred.
  • No guaranteed return, yield, or income is promised.

3. Value‑Sharing Realization (Local)

Upon compliant harvest, the Steward may elect:

  • Product Allocation (Domestic) – agarwood chips, incense material, or finished local products; or
  • Revenue‑Equivalent Sharing (PHP) – based on net realized domestic sales value; or
  • Reinvestment Credit – applied toward new agarwood adoptions.

All value realization is subject to biological yield, grading, and DENR approvals.

4. Tax & Regulatory Notes (PH)

  • Any tax obligations arising from received value are the responsibility of the Steward.
  • The Operator does not provide tax advice.
  • Transactions are governed by Philippine law.

5. Governing Law & Venue

  • Governed by the laws of the Republic of the Philippines.
  • Venue: Courts of competent jurisdiction in the Philippines.

VERSION B: INTERNATIONAL (USD‑FOCUSED)

For Middle East, EU, and US Stewards

1. Currency & Payments

  • Stewardship fees are denominated in United States Dollars (USD).
  • Payments accepted via international bank transfer or approved remittance channels.
  • Fees reflect long‑term biological asset stewardship and compliance costs.

2. Legal Characterization (International)

  • This Agreement constitutes ethical tree adoption with outcome‑based value participation.
  • It does not constitute:
    • A security,
    • A collective investment scheme,
    • Or a guaranteed income product.
  • The Steward holds no management or operational control.

3. Value‑Sharing Realization (International)

Subject to CITES, DENR, and export approvals, the Steward may elect:

  • Product Allocation (Export‑Eligible)
    Agarwood chips, oil micro‑batches, or finished products shipped subject to permits; or
  • Revenue‑Equivalent Sharing (USD)
    Based on net realized international sales value after harvest, processing, compliance, and logistics costs; or
  • Reinvestment Credit
    Applied toward additional agarwood adoptions or plantation blocks.

No minimum value, yield, or timing is guaranteed.

4. Export, Customs & Compliance

  • All exports are subject to:
    • CITES permits,
    • Philippine export approvals,
    • Import regulations of the destination country.
  • Delays or denials due to regulatory processes are outside the Operator’s control.

5. Tax & Reporting (International)

  • Any taxes, duties, or declarations required in the Steward’s home jurisdiction are the Steward’s responsibility.
  • The Operator does not provide international tax, customs, or legal advice.

6. Governing Law & Dispute Resolution

  • Governing law: Republic of the Philippines.
  • Dispute resolution may be conducted via:
    • Philippine courts, or
    • Arbitration by mutual agreement (venue to be specified).

Alignment Across Both Versions

  • Same plantation, trees, and stewardship standards
  • Same biological risks and non‑guarantee clauses
  • Same ethical, DENR‑registered, and CITES‑aligned framework
  • Currency, tax handling, and logistics adapted only for jurisdictional practicality

End of Framework Document