CREATOR COLLABORATION AGREEMENT

This Creator Collaboration Agreement ("Agreement") is entered into by and between:

Yaay ApS ("Company"), with its principal place of business at Nansensgade 30, 1. Th., 1366 Copenhagen, and the user ("Creator"), collectively referred to as the "Parties."

The agreement is in effect upon the "Creator" accepting the "Company" terms during signup for the Yaay platform.

1. Purpose of the Agreement

The purpose of this Agreement is to set forth the terms and conditions under which the Creator will collaborate with the Company to create and share content for the Company's platform and promotional purposes.

2. Compensation

1. Commission Structure: 

   • The Creator shall receive 20% of the Company's commission earned on bookings generated through the creator’s videos.

   • For the first 12 months following the date of this Agreement, the Creator shall receive 50% of the Company's commission earned on bookings generated through users that have been attributed as referred by the creator.

   • After the initial 12 months, the Creator shall from then on receive 20% of the Company's commission earned on bookings generated through users that has been attributed as referred by the creator.

2. Payment Terms: 

   • Payments will be made to the Creator within 30 days of the Company receiving payment from its partners.
     
     

3. Content Rights

1. Content Ownership: 

   • The Creator shall retain ownership of all content created under this Agreement ("Content").

   • By entering this Agreement, the Creator hereby grants the Company a worldwide, non-exclusive, royalty-free right to use, modify, distribute, and display the Content in whole or in part for any purpose across all media channels, including but not limited to the Company's platform, social media, marketing campaigns, and advertisements.

   • The Creator has the right to withdraw the content rights at any point in time, and the Company is obliged to remove the content from the platform.

2. Modifications: 

   • The Company shall have the right to modify or edit the original Content as it deems necessary for distribution or promotional purposes.

   • The Company shall have the right to remove music or elements, it doesn’t hold rights to.

3. Usage Scope: 

   • The Company may use the Content worldwide, in any media, now known or hereafter developed, for purposes including but not limited to marketing, advertising, and promotional campaigns.

4. Intellectual Property Warranty

The Creator warrants and represents that:

1. All Content provided is the Creator's original work, and the Creator owns or has the necessary rights to grant the licenses outlined in this Agreement.

2. The Content does not infringe on any third-party intellectual property rights, including but not limited to copyrights, trademarks, and rights of publicity.

3. The Creator will not use or incorporate any third-party content, images, music, or other materials in the Content without proper authorization.

4. In the event of any third-party claim regarding intellectual property violations, the Creator agrees to indemnify and hold harmless the Company from any losses, damages, or legal expenses.
   
   

5. Payment Details

• Payments will be made via a supported Payment Method that the Creator has provided to the Company.

• The Creator agrees to submit accurate payment information to the Company to facilitate timely payments.

• Delays in payments due to incorrect information or banking issues are not the responsibility of the Company.
  
  

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of Danish jurisdiction, without regard to conflict of law principles.

8. Entire Agreement

This Agreement represents the entire understanding between the Parties and supersedes all prior agreements, discussions, and understandings, whether written or oral. The Company retains the right to update these terms and conditions at any time.