WHEREAS, the SELLER is the true and absolute owner of Shares of Stocks issued by Global Training Systems, Phils. Inc., a corporation duly organized and existing under the laws of the Philippines, with Certificate of Stock No(s). A Deed of Assignment of Stock Subscription is a written document used to transfer shares of stock of a corporation from the registered owner (the assignor) to another person (the assignee). This instrument refers to a Deed of Sale of Shares of Stock, which consists of two (2) pages, including the page whereon the acknowledgment is written, and which is signed by the parties and their instrumental witnesses.