Designer’s Application Form & Agreement

Name of DesignerYears as a DesignerFashion School AttendedYears enrolled in Fashion SchoolAgeGenderAddress

Phone NumberMobile Phone NumberEmail AddressFacebook / Twitter account/sBlog (Wordpress/Tumblr/etc.)Name that you want to put in your label

Have you joined any competitions before? If you won, what place?Competitions Place

Do you have any Manufacturing Arrangements? If yes, with what company?

*Please attach a 2x2 picture.

I/We have read and confirm acceptance of the General Rules and Agreement for participation in the HYD’s Fashion Face Off Challenge 2011, and agree to abide by the same, and any future amendments thereto, should I/we be accepted to compete in the said challenge.

___________________________________ ___________________________________ Authorized Signatory Authorized Signatory Name (Print): _______________________ Name (Print): ________________________ Title: ______________________________ Title: _______________________________ Date: _____________________________ Date: _______________________________

Agreement1. I/We agree to provide to Hot Young Designers (“HYD”) the following documentation for consideration of this application at the same time of submission of the application:

a. Photos of portfolio of garments or accessories created in the past three years b. Copies of all press and/or tear sheets of media coverage in the past three years (if any)c. Copy of a valid passport and driver’s license d. Typed statement on the designer’s philosophy of fashion e. Written statement of designer’s capability to manufacture apparel or accessories within 60 days of order as per the Rules and Regulations of the Competitionf. List of trusted suppliers and contact detailsg. Biography of designerh. A design idea for an RTW line (with mood board, although not necessary)

2. HYD is authorized to use photos submitted with the application for any promotional purpose related to the event contemplated by this Agreement. 3. Selection of representatives/contestants entails an obligation to attend all functions and meetings organized by HYD and at which attendance is either mandatory or specifically requested. 4. It is further understood and accepted that the designer will be required to attend the event at his/her own expense. HYD may arrange special discounted tickets and other services, for which designers may be eligible at his/her own expense. 5. It is recognized and accepted that all decisions of the panel of judges in respect of the contestants and representatives are final and there is no recourse to appeal. 6. HYD will not be held liable for personal losses or injuries to participants, or affiliated personnel except where such loss or injury is due to gross negligence on the part of HYD. 7. HYD will not be held liable for any loss of garments, accessories, supplies, tools, equipment, or personal items brought to the HYD event by a participant. 8. HYD reserves the right to use all images derived in any form during or from the event/competition and to transform the same into any or all forms of media currently in existence or yet to be created. 9. I/we agree to abide by all established times for fittings, photo shoots, bazaars, special appearances, media interviews, and shows, and to respect times allotted to prepare for subsequent shows. 10. I/we agree to liaise in advance for the quarterly photo shoot with the assigned Producer in respect to the appropriate models, make-up and hair consultant(s) in respect of the desired make-up and hair effect to be achieved.11. I/we agree to open required bank accounts for easy facilitation of the 10% allowance and budget given to each designer. Bank accounts should be opened within fifteen (15) business days after signing the contract. The preferred account will be UnionBank Eon Visa debit card. I/We acknowledge that failure to open such payment account may result in delay in payments of the designers. 12. I/we agree to accept the terms of operation and compensation established by HYD in respect of its role as Investor, venture capitalist and Collective Label Producer as disclosed and contracted with the relevant designers and disclosed to the Fashion Schools of each.

13. It is understood that HYD reserves the right to either postpone or cancel any part of the entire event/competition in its sole discretion. 14. It is understood and accepted that HYD reserves the right to review all designs and garments at any time prior to presentation/uploading into the online shop for public viewing in order to ensure quality and completion, and further has the right to remove any garment or design from presentation/competition if, in its sole discretion, it deems appropriate to do so. The cost for repairs and damages will be deducted from the designer’s revenue/earnings.15. I/We agree to abide by the rules and regulations that refrains us from the direct sale of designs and merchandise which are exclusively under the HYD brand to consumers during the competition. All merchandise produce should be accounted for and passed through HYD for quality checking and monitoring. I/We agree to only endorsing orders for purchases of the HYD labeled merchandise during the duration of the competition. 16. This Agreement, along with any other document, and in particular the General Rules or mechanics of the competition, specifically referred to or implied herein as having legal effect, shall constitute the entire agreement between the parties hereto, and each party undertakes that it has read and understood the terms of the Agreement. 17. Any right, benefit, or obligation due to a party to this Agreement cannot be assigned by either party without the prior written consent of the other. 18. The laws of Quezon City, Republic of the Philippines shall be the applicable law of this Agreement. The parties also agree to submit any and all claims and/or litigation to the appropriate courts of the said City.

Acknowledged: ___________________________________ Date: ________________ Authorized Signatory

Mechanics of Fashion Face Off 2011

This will be a competition among five representatives of highly acclaimed fashion schools in Manila. The five contestants chosen will be among many of those aspiring RTW fashion designers in the industry. The HYD Fashion Face Off challenge 2011 will be a 9 month long challenge where, if chosen, you will have to show off your skills as a designer of ready-to-wear clothing. There will be 3 quarters:

First Quarter October – December 2011Second Quarter January – March 2012Third Quarter April – June 2012Fourth Quarter July - September: Soliciting and looking for the next

batch; awarding of the winner

For each of the quarter given, you will have to create your own fashion collection. You will have to create 4 variants for each piece (it may be various sizes or color or fabrics). The maximum cost per piece will be at Php 500. Markup for the pieces will be agreed upon by the designer and the business coach. All receipts should be kept by the designer and should be submitted to the business coach every check up period. All of these receipts should have an official receipt named to Hot Young Designers. If in case your supplier does not issue official receipts, please do look for a supplier that issues one.

The clothes will all be sold in a virtual store. At the end of the third quarter, the market/customers will determine the winner. How? The person with the most revenue generated for the entire 9 months will be declared the winner.

What’s in it for you?1) You will not spend a single peso. We will give you a budget of Php 20,000 per quarter (half of it will be given at the start of each quarter and half of it will be given at the middle of the quarter). Aside from that, 10% of the earnings from the clothes that are sold will go to you as allowance for incidental expenses like travel, food, etc. Payout for this share will be given at the end of each quarter.2) This will be a chance for you to start your own line. All items will be labeled: Hot Young Designers by your name3) We will of course spend in advertising and marketing, thus launching you as an upcoming designer for this year.4) In the process of the competition, you will be assigned a business coach. This coach will teach you skills in business and starting your new line on the business side.5) And of course, you will get the chance to win Php 100,000 worth of prizes for you to start your new line.

Are you ready to take the challenge? Are you the country’s most promising RTW designer?

Frequently Asked Questions (FAQs)

Why are winners determined by sales and not by judging alone?The free market is a very robust and flexible voting mechanism. The consumers essentially vote for your creation with their purchase. Aside from simulating real world market conditions, this also gives designers the flexibility to sell at a higher markup provided their products are “worth it” to the consumer. Comments such as “it looks cheap” or “it looks expensive” are therefore proven with actual purchases.

Who will provide the supplier?We will have a ready list of suppliers that you may choose from. Alternatively, you may also have your own suppliers. However, the total operating budget that is given to you remains the same. This budget covers raw materials, equipment, and labor.

What happens if we do not use up the Php 20,000 budget allocation per month?We suggest that you use up the Php 20,000 budget. If in case your receipts are less than the budget, we will deduct the difference from your next budget. This will definitely help on increasing your profits at the end of the contest.

What’s in it for my school?For the competition, you are “marketed” as a student of your school. Your work, and ultimately your success, will be a reflection of the quality of your school’s education and the caliber of its students.

Where do the earnings go?The earnings go to marketing, advertising, maintenance, and other operational costs. A part of the earnings also go to the organizers in order to sustain this program for other young designers in the future.

Does the winner have any contract or commitments with the organizers/sponsors after the program?NO. The winner and all the contestants are not committed to any of the sponsors or the organizers after the program.

Where will my clothes be sold?Your clothes will be sold in a specially designed online store for the competition. The clothes will also be sold in bazaars.

Can I help market my creations as well?Yes you may. The web platform is uniquely suited to such a task so that you can easily market both on the web (facebook, twitter, etc) and offline.

Can I quit in the middle of the competition?As much as possible, we advise all contestants to not quit in the middle of the competition. Your creations will carry your name and any unreliability this early in your career will tarnish your brand.

Also, this unique opportunity to build your brand and gain experience in the real world market is given to you at the expense of other students – hence we must make the most of this opportunity.

TIMELINE/TARGET DATESDesigner Challenge properInitial Meeting with the designers (July 1) Venue TBAJudging of initial batch of designers / elimination (July 4-6)Announcement of first batch of designers for the entire year (July 8)Meet with initial set of designers give mechanics and signing of contract (July 11); pm after workInitial submission of the 1Q designs (July 23)Give approval for designs (July 27); pm after work

Production for first quarterAfter approval is given via email; Payout of 10K is given

1st check on the 1Q work (August 13)2nd check on the 1Q work (August 27)

3rd check on the 1Q work (Sept 3) – Payout of the other 10K will be given

4th check on the 1Q work/Inventory booking (Sept 17)Photo shoot for the designs (September 24)Selling stage for the 1Q products Target: October 1 (Saturday)Marketing and advertisingMeeting with the designers for the 2Q Challenge (Oct 8)Initial submission of the 2Q designs (Oct 22)Give approval for designs (Oct 24-26)

Production for second quarterAfter approval is given via email; Payout of 10K is given

1st check on the 2Q work (November 5)2nd check on the 2Q work (November 19)

3rd check on the 2Q work (December 3) – Payout of the other 10K will be given

4th check on the 2Q work/Inventory booking (December 17)Photoshoot for the designs 2Q (January 7)Selling stage for the 2Q products Target: Jan 14 (Saturday)Meeting with the designers for the 3Q Challenge (January 21)Initial submission of the 3Q designs (February 4)Give approval for designs (February 6-8)

Production for 3QAfter approval is given via email; Payout of 10K is given

1st check on the 3Q work (February 18)2nd check on the 3Q work (March 3)

3rd check on the 3Q work (March 17) – Payout of the other 10K will be given

4th check on the 3Q work/Inventory booking (March 31)

Photoshoot for the designs 3Q (April 7)

Selling stage for the 2Q products Target: April 14 (Saturday)

Marketing and advertising (Until June 15)

Tying of revenues (June 16)

Announcement of the Fashion Face Off Winner (June 29) Friday