EQUIPMENT RENTAL AGREEMENT

THIS AGREEMENT, made the 5th day of february, 2020, by and between DERNAVS AUDIO SYSTEM
RENTALS, hereafter called the Rentor, and Pastor Rafael Gonzaga, hereafter called the Rentee.
Rentor and Rentee, for the consideration hereafter named, agree as follows: Under the General
Conditions of Equipment Rental Agreement (Lease) attached to this sheet, Rentor hereby leases to
Rentee all equipment named and identified in the following "List of Equipment," for use at such
location and at such rental rate for approximately such time as is therein stated. Rentor shall furnish
such equipment, F.O.B., in operative condition.

LIST OF EQUIPMENT
Category Qty Unit Description
Guitar Amplifiers 1 pc  Laney Lv300 120-watt 1x12 Guitar Amp
1 pc  Peavey Special Chorus 100-watt 2x12 Guitar Amp

Bass Amplifier 1 pc  Hartke Ha5500 410 500-watt Bass Amp

Keyboard Amplifier 1 pc  Roland KC350 120-watt Keyboard Amp
Drums 1 set  Pearl 90s Taiwan Export Drums
1 set  Zildjian Avedis Cymbals
1 set  Carlsbro, Beyerdynamic Drum Mic Set
Stage Monitors 2 pc  Sl12a active 400 watt monitor speakers
1 pc  Alto zmx 862 mixer with headphone iem for drummer

Mixer 1 pc  Mackie DL32r 32 channels Digital Mixer

1 pc  Osp Stereo Passive Direct Box

P.A 6 pc  Sl12a active 400 watt main speakers

6 pc  Speaker Stands
4 pc  Turbosound 18" subwoofers
1 pc  Live Fet4000 Power amp for subwoofer with ad
crossover

Lights and Effects 12 pc  Lumilites Parled Lps54 RGB

2 pc  Lumilites Parled White Amber Lp74
2 pc  Bts Lightstand
1 pc  Show art Dmx splitter
2 pc  Kosmo Sharpy Beam230 Movingheads
1 pc  Kosmo Mini Peal 1024 Light Controller

Microphones 4 pc  Mipro act3 Wireless Handheld

2 pc  Audix ap41 om2 Wireless Handheld
4 pc  Shure pg48, sm58 Wired Mic
5 pc  Samson Bl3 Micstand
1 pc  Lyric Stand
Cable Ramp 1 set
Power Distro 1 pc
Mainline Cable 1 pc 30 Meters 10" Royal Cord Mainline Cable
Power Cables 1 set
Mic, Dmx Cables 1 set
Crew 5 pc
Delivery Van 1

Rentor and Rentee, for themselves, their successors, executors, administrators and assigns, agree to
the full performance of the covenants herein contained.

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IN WITNESS WHEREOF, they have executed this Agreement the day and year first above written:

DERNAVS AUDIO SYSTEM RENTALS, Rentor

By: JOHN DERYL J. NAVA

RAFAEL GONZAGA, Rentee

By: PTR. RAFAEL GONZAGA

GENERAL CONDITIONS OF EQUIPMENT RENTAL AGREEMENT (LEASE)

The conditions of lease here below stated, together with the Agreement set forth on the two pages
before this sheet, constitute a contract between the parties therein named which contract is hereafter
referred to as "this Agreement".

1) RENTAL PERIOD. The Rental Period shall cover all time consumed in transporting the equipment,
including the date upon which transit to Rentee begins and the date upon which transit from
Rentee ends at Rentor's unloading point.

2) LOCATION. The equipment shall be used only at the location specified and shall not be removed
from the location without Rentor's prior written consent.

3) RENTAL CHARGES. Rentee shall pay rental for the entire Rental Period on each article of
equipment named in the List of Equipment, at the rate of FIFTEEN THOUSAND PESOS (Php
15,000.00) for one of rental specifically on February 29, 2020.

4) PAYMENT. The rent for any and every item of equipment described in the List of Equipment shall
be the amount therein designated, Php 7,500.00 of which shall be payable 3 days before the
event February 26, 2020 and full payment Php 7,500.00 on the event February 29, 2020.

5) MAINTENANCE AND OPERATION. Rentee shall not remove, alter, disfigure or cover up any
numbering, lettering, or insignia displayed upon the equipment, and shall see that the equipment
is not subjected to careless, unusually or needlessly rough usage.

Page 2 of 3 Equipment Rental Agreement – DERNAVS Audio System Rentals

6) CREW AND OPERATORS. Rentor shall supply five (5) crewmembers/operators and pay all
crewmembers/operators on the equipment during the Rental Period. Rentee shall provide the
crewmembers/operators lunch and snacks throughout the duration of rental period.

7) WARRANTY. Rentee acknowledges and agrees that Rentor makes no warranty, express or implied,
regarding the equipment, including without limitation any warranty or merchantability or fitness
for any purpose.

8) INSPECTION. At all times during the event, Rentor shall have the right to inspect the equipment
or observe its use.

9) RISK OF LOSS. Rentor shall not be responsible for loss or damage to property, material, or
equipment belonging to Rentee, its agents, employees, suppliers, or anyone directly or indirectly
employed by Rentee while said material property, or equipment is in Rentor's care, custody,
control, or under Rentor's physical control. Rentee and its insurers waive all rights of subrogation
against Rentor for such losses.

10) INSPECTION: CONCLUSIVE PRESUMPTIONS. Rentee acknowledges that he has fully inspected and
accepted said equipment in good condition and function.

11) DEFAULT: Upon Rentee’s default or breach of any provision hereof, or upon the happening of the
event expressed in the following paragraph (12) hereof, Rentor shall have, in addition to all legal
remedies available to him, the right to take possession of any or all items of equipment, without
demand or notice, wherever the same may be located, without any court order or other process
of law and Rentee hereby waives any and all damages occasioned by said taking

12) REMEDIES. Upon the happening of insolvency, Rentor shall have the right to under any other
insolvency law or law providing for the relief of debtors, then, if and to the extent permitted by
applicable law, exercise any one or more of the remedies set forth in paragraph 11 hereof. This
Rental Agreement shall, at the option of the Rentor, without notice, immediately terminate and
shall not be treated as an asset of Rentee after the exercise of said option.

13) EXPENSES. Rentee shall pay Rentor all costs and expenses, including attorneys' fees, incurred by
Rentor in exercising any of its rights or remedies hereunder or enforcing any of the terms,
conditions, or provisions hereof.

14) CANCELLATION: Cancellation prior to 24 hours of commencement of the rental period is not
subject to charge. Cancellation within 24 hours of commencement of the rental period is subject
to charge for crewmembers'/operators' time. Cancellation once crewmembers/operators have
departed for the rental site will be charged in full.

15) SEVERABILITY. If any term or provision of this lease is found invalid, it shall not affect the validity
and enforcement of all remaining terms and provisions of this lease.

16) ENTIRE AGREEMENT. This instrument constitutes the entire agreement between Rentor and
Rentee; and it shall not be amended, altered, or changed except by a written agreement signed
by the parties hereto.

Page 3 of 3 Equipment Rental Agreement – DERNAVS Audio System Rentals