Covenant Conforme bblg021215

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BILLBOARD SALES AGREEMENT

Date: February 9, 2015


Reference Number: BBLG021215

VENDOR INFORMATION
Company Name:
Principal Address:
Signatory & Position:

Progressive Innovations Media Advertising


809B Wack Wack Twin Towers, Wack Wack Road
Mandaluyong City, Philippines
Orven Rivera President

LESSEE INFORMATION
Company Name:
Principal Address:
Signatory & Position:

The Covenant Car Company


5F ALCO Building, 391 Senator Gil Puyat Avenue
Makati City, Philippines
Sonny Flores | Media Planner

ADVERTISING INFORMATION
Media Details:

Duration & Date:


Monthly Rental:
Illumination Time:

Top 57.87ft (w) x 11.90ft (h)


Middle 57.87ft (w) x 6.20ft (h)
Bottom 57.87ft (w) x 3.60ft (h)
Greenhills Shopping Center, New Promenade Wall Facade
384/spots per day, 11,520/spots per 30 days
Thirty days beginning February 16, 2015 to March 17, 2015
Php20/spot totaling Php230,400
8am to 11:59pm daily

TERMS & CONDITIONS

Advance rental amounting to Php 230,400.00 plus VAT, payable by LESSEE within five days upon signing
this contract and/or before material uploading, amounting to the full contract rate.
LESSEE is entitled to one free material uploading, including the initial installation on commencement date
and dismantling upon contract expiration. Succeeding material replacements are for the account of the
LESSEE at Php5,000.00 plus VAT.
To ensure timely installation, any artwork produced by LESSEE should be delivered to the VENDOR at least
five days prior to commencement date.
In the case of late installation, commencement date shall not be altered due to any delays caused by
LESSEE, LESSEES suppliers or any other parties other than VENDOR and VENDORS suppliers.
LESSEE shall receive a turnover/monitoring report within seven days of material installation.
This contract is binding and non-cancelable, upon signing by both parties. Termination of the agreement by
LESSEE prior to full execution shall warrant the forfeiture of all deposits, submitted or not, outlined above.

Please indicate your conformity on the space below should you find the above particulars amenable

Sincerely,
Iluminada Santos | Operation Manager

Approved by:

_________________________________
Orven Rivera | President
Conforme:

_________________________________
Sonny Flores | Media Planner

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