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CONTRACT OF RETAINER

BETWEEN KATHA ADVERTISING AND PRODUCTION COMPANY


AND STILTS CALATAGAN BEACH RESORT

This is an AGREEMENT between Katha and Production Company (Agency) and Stilts
Calatagan Beach Resort (Client)

1. Appointment
The Client appoints the Agency as a medium to advertise its products and
services as pursuant to the terms of this agreement.
2. Scope of Advertising Services
Agency will provide Client with the advertising services as stated in the 4th
paragraph. Should Client require additional services from the agency, both
parties must negotiate the terms and services to a separate contract. Any
agreement for additional services must be set forth in writing and considered
to be an addendum for this Agreement.
3. Ownership
The parties agree that any intellectual property including but not limited to
campaigns, trademarks, slogans, film, music, transcription or other materials
subject to intellectual property can be used by either party for any purposes
without the need of obtaining the consent of any parties as pursuant to the
Memorandum of Agreement.
4. Scope of Advertising services
The following advertising services are included in this agreement:
 Use of digital ads in the following social media platforms consisting of:
o Facebook ads
o Twitter ads
o YouTube ads
 Use of print ads consisting of:
o Billboards
Additional scope of services:

A. Study Client’s products or services;

B. Analyze Client’s present and potential markets;


C. Create, prepare, and submit to Client for approval, advertising ideas and
programs;

D. Employ on Client’s behalf, Agency’s knowledge of available media and


means that can be profitably used to advertise Client’s products or
services;

E. Prepare and submit to Client for approval, estimates of costs of


recommended advertising programs;

F. Write, design, illustrate, or otherwise prepare Client’s advertisements,


including commercials to be broadcast, or other appropriate forms of
Client’s message;

G. Order the space, time, or other means to be used for Client’s advertising,
endeavoring to secure the most advantageous rates available;

H. Properly incorporate the message in mechanical or other form and forward


it with proper instructions for the fulfillment of the order;

I. Check and verify insertions, displays, broadcasts, or other means used, to


such degree as is usually performed by advertising agencies; and

J. Audit invoices for space, time, material preparation, and services.

5. Billing and compensation procedures


In consideration of the advertising services employed by Agency all fees shall
be deemed nonrefundable. Client agrees to pay for the advertising services
by Agency in accordance to the following rates:
Name Price Period Subtotal

Monthly Retainer

Client agrees to reimburse Agency any additional expenses in relation with


the advertising services.
6. Amendments
Any amendments of this Agreement must be in writing and signed by Agency
and Client
7. Governing Law
This Agreement shall be interpreted in accordance with the laws of the
Philippines without regard to its principles of conflict of laws.
8. Dispute Resolution
In the event of any dispute Client and Agency shall resolve it through informal
discussion In the event the dispute can’t be resolved. The Partners can agree
on a mediator. The cost shall be shared equally by the partners

IN WITNESS WHEREOF, Agency and Client have executed this Agreement.

KATHA ADVERTISING AND PRODUCTION COMPANY

Signature:

Name:

Title:

STILTS CALATAGAN BEACH RESORT

Signature:

Name:

Title:

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