Law Summary
A. Financial Obligation of Participant
- Explanation: Participants must fulfill financial commitments per the Contract of Participation.
- Key Definitions:
- Participation Fee: P10,000
- Deposit Fee: P4,000 (refundable upon submission of post-project requirements)
- Requirements:
- Fees must be paid by the scheduled deadline.
- Late payments incur a 15% surcharge.
- Additional Expenses:
- Airfare, accommodation, daily allowances, promotional materials, shipping samples, booth costs, and communication expenses are the responsibility of the participant.
- Timeframes: All payments must meet strict deadlines, or surcharges apply.
B. CITEM Assistance to Participants
- Explanation: CITEM provides various financial and marketing assistance to participants.
- Key Definitions:
- CITEM: Center for International Trade Expositions and Missions
- Requirements:
- CITEM covers venue rental, booth construction, administrative expenses, and promotional materials.
- Marketing support includes product information and overall project management.
C. Eligibility of Products for Promotion
- Explanation: Participants must adhere to product selection criteria set by CITEM.
- Key Definitions:
- Originality: Participants must ensure products do not infringe on others' designs.
- Requirements:
- Only approved product lines can be exhibited.
- Participants must submit certifications of patents or copyrights.
- Consequences: CITEM can exclude inferior or duplicate products.
D. Company Representative/s
- Explanation: Guidelines for company representatives attending trade missions.
- Key Definitions:
- Official Representatives: Maximum of two, preferably decision-makers in export marketing.
- Requirements:
- Representatives must be qualified and in good health; replacements require CITEM approval.
- Consequences: Non-compliance may result in disqualification from future participation.
E. Briefings and Meetings
- Explanation: CITEM will conduct briefings for participants to ensure project understanding.
- Requirements:
- Mandatory attendance at all scheduled meetings.
- Timely submission of project requirements is necessary.
F. Withdrawal from Participation/Sanctions for Violations
- Explanation: Outlines penalties for withdrawal and violations.
- Key Definitions:
- Sanctions: Various penalties based on the severity of violations.
- Requirements:
- Withdrawal results in forfeiture of fees.
- Penalties (for violations):
- Non-payment, no-show, tardiness, and complaints lead to escalating penalties from warnings to bans on future participation.
G. Promotions and Publicity
- Explanation: CITEM manages promotional activities for participants.
- Requirements:
- Participants must submit materials for project brochures.
- Prepare own promotional materials.
H. Shipment of Samples
- Explanation: Guidelines for shipping products to trade fairs.
- Requirements:
- CITEM assists with documentation; participants must meet deadlines for shipping requirements.
- Consequences: Failure to comply will result in self-responsibility for shipping costs and logistics.
I. Travel and Hotel Arrangements
- Explanation: CITEM may assist with travel arrangements but will not directly book accommodations.
- Requirements:
- Participants must arrange their travel; CITEM can facilitate group bookings and visa certifications.
J. Exhibition Arrangements
- Explanation: Guidelines on booth setup and conduct during the fair.
- Requirements:
- Participants must adhere to booth layout and maintain cleanliness.
- Consequences: Non-compliance may lead to disallowance of certain exhibits.
K. Other Obligations of Participants
- Requirements:
- Participants must submit reports post-fair and attend debriefings.
L. Other Pertinent Conditions
- Explanation: General compliance and obligations of participants.
- Key Definitions:
- Disqualification: Grounds for suspension from future CITEM activities.
- Consequences: Non-compliance with guidelines will result in penalties; CITEM's decisions are final.
M. Additional Rules
- Explanation: CITEM reserves the right to issue further guidelines as necessary.
- Requirements: Participants must stay informed on all additional regulations.
Key Takeaways
- Participants are financially responsible for various costs and must adhere to strict payment deadlines.
- CITEM provides significant support, but participants must comply with product eligibility and representation guidelines.
- Violations of the guidelines may lead to sanctions including fees forfeiture and disqualification from future events.
- All participants are required to maintain professionalism and comply with CITEM's standards throughout the trade fairs.