Not sure if we understand the profit sharing part correctly.
Here's what I understood: GMM will collect the first THB150,000 for the media cost of its own channel, then split 50% after that with Rockademy.
BUT if the client/sponsor doesn't want to use GMM media and only want to a display booth at the event, then we split evenly from the amount the client sponsors.
From this MOU, it seems GMM will collect the first THB150,000 in any case. Not sure if that's how GMM normally deal with partner in a profit sharing situation, but that's not how I'd treat my partner.
I refuse to sign this MOU until we make it clear.
The rest of requested documents will be prepared momentarily.