Event Sound Kit

1. Strong Media Corp's role — platform and broker only

Strong Media Corp operates this marketplace as a platform, booking site, and broker. It is not a co-owner, seller, lessor, manufacturer, or guarantor of any equipment listed, and it accepts no legal responsibility for the equipment, its condition or performance, or for the acts or omissions of any owner, renter, or crew member. All ownership, rental, and handoff obligations exist directly between the parties themselves. One exception: Strong Media Corp may also buy a share of an item, as a co-owner or as its Lead Owner, on the same terms and fees as everyone else. It is then one of that item's part-owners, and its share is shown on the item page.

2. Platform fees (what Strong Media Corp earns)

• 10% on a day an owner books the gear for their own job inside their usage-day allocation — the owner keeps the rest, less a ₱1,000 handling fee to the Lead Owner (none on the Lead Owner's own days). No caretaker fee or pool split on that day.
• 12% on every fractional buy-in of brand-new gear — Strong Media Corp's fee plus the cost of the transaction (sourcing, payment processing, paperwork) — on top of each person's gear-cost share, collected when the stake is confirmed and paid.
• 10% commission on every fractional buy-in of pre-owned gear sold into the program by its existing owner — same collection point.
• 10% of every rental booking's gross, as booking-site and broker fee — collected per booking.
• 5% of the sale price when an existing owner resells their share to a new owner, deducted from the seller's proceeds. Every resale must be logged in Strong Media Corp's transfer register and covered by a signed Deed of Transfer — an unlogged transfer is not recognized by the program.

3. Fractional buy-in split

The Lead Owner pays 10 percentage points more of the gear cost than each co-owner (2 partners: 55% / 45% · 3 partners: 40% / 30% / 30%), owns that same larger share, and in return earns the caretaker fee below on every rental. You own what you paid for. Every item has exactly one Lead Owner, and every owner follows this split.

4. Rental income split (per booking)

• 10% → Strong Media Corp (platform & broker fee)
• 15% → Lead Owner (caretaker fee — storage, upkeep, every handoff)
• 75% → all owners (master included), split by ownership %

4a. Repairs, busy dates and the end

• Repairs: repairs, servicing and calibration from normal wear are split by share when they happen; the owners may agree to keep their own repair pot. If you break the gear on your own job, you pay for it.
• Busy dates: each owner may hold at most 3 dates in December.
• The end: the gear is sold after 4 years, or sooner if most owners vote to. The money is split by share.

5. Pre-owned gear

Gear listed by its current owner (not brand new) is sold as-is, at the seller's asking price, with the condition described by the seller. Strong Media Corp does not inspect, certify, or warrant pre-owned equipment — verify condition before your money changes hands.

6. Payments, deposits & what this form does

Submitting this form is a booking or purchase request, not a completed payment — no money moves through this website. Our team follows up to confirm details; payment is then arranged directly (GCash, Maya, or bank transfer). Rentals may require a refundable security deposit set per item. A stake becomes real ownership only after payment and the signed ownership agreement are complete.

7. Governing document

The full intended terms live in the Managed Agreement (draft) — a draft; you get the final version to sign before you pay anything. The signed agreement is what counts.