SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: S-1
Document Type: EX-10.12
Date Filed: 2026-05-15
Accession Number: 0001493152-26-023581
Exchange: 
SIC Code: 7812
SIC Description: Services-Motion Picture & Video Tape Production
URL: https://www.sec.gov/Archives/edgar/data/1900851/000149315226023581/ex10-12.htm

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Exhibit

ADVISORY
BOARD AGREEMENT

This
ADVISORY BOARD AGREEMENT (this “Agreement”) dated as of April 22, 2026 is by and between Ambitious Entertainment,
Inc., a Nevada corporation (the “Company”), and Robert Franke, a natural person and a resident of the Federal Republic
of Germany (the “Advisor”).

RECITALS:

WHEREAS,
the Company desires to retain the Advisor for its advisory board (the “Advisory Board”); and

WHEREAS,
the Advisor is willing to serve on the Advisory Board upon the terms and conditions herein set forth.

NOW,
THEREFORE, in consideration of the premises and mutual covenants herein set forth and for other good and valuable consideration,
the receipt of which is hereby acknowledged, the Company and the Advisor hereby agree as follows:

Retention. The Company hereby retains the Advisor to serve on the Advisory Board until removed by the Board or until the Advisor
resigns.

Duties. The Advisor shall serve as a member of the Company’s Advisory Board. The Advisory Board will have 1 meeting per
month for strategizing on the following year’s initiatives. The Advisor shall use commercially reasonable efforts to attend all
meetings of the Advisory Board. In addition, the Advisor shall perform any and all related duties and shall have any and all powers as
may be prescribed by resolution of the Advisory Board, and shall be reasonably available to confer and consult with and advise the officers
and directors of the Company at such times that may reasonably be required by the Company.

Compensation.

The Advisor shall be entitled to compensation as follows:

consideration for the performance by the Advisor of the services hereunder, the Company shall
pay the Advisor compensation of 75,000 shares of the Company’s common stock, par value
$0.0001 per share (the “ Common Stock ”), for the Term (as defined in Section
7 hereof) (the “ Compensation ”). Notwithstanding anything to the contrary
herein, this Agreement shall become effective on the closing date (the “ Effective
Date ”) of the Company’s initial public offering (the “ Offering ”).
No Compensation shall accrue prior to such time.

(ii)	Beginning
with the first fiscal quarter following consummation of the Offering, the Advisor shall receive
18,750 shares of Common Stock per fiscal quarter during the Term, until a total of 75,000
shares of Common Stock have been granted. The shares of Common Stock shall be issued
within five (5) business days of the end of each applicable fiscal quarter.

(iii)	If
this Agreement is terminated effective on a date other than the end of the fiscal quarter,
the Advisor shall receive such number of shares equal to the product of (x) 18,750 and (y)
a fraction the numerator of which is the number of days the Advisor has served on the Advisory
Board since the end of the previous fiscal quarter and the denominator of which is the number
of days in the current fiscal quarter.

The Company shall bear all costs and expenses associated with the issuance of the shares of Common Stock to the Advisor. The Advisor
acknowledges sole responsibility for the Advisor’s personal tax obligations, including without limitation any payroll or self-employment
taxes and income taxes, whether federal state, local or foreign, arising from the performance of the duties hereunder and receipt of
Compensation as provided herein.

For the avoidance of any doubt the Compensation constitutes the full and final consideration payable to the Advisor hereunder, and no
additional consideration of any kind is payable to the Advisor.

The Advisor represents that (i) he does not maintain a “fixed base” in the United States regularly available to the Advisor
for the purposes of performing the services hereunder within the meaning of Article 14 of the United States-Germany Tax Treaty or (ii)
the compensation payable hereunder will not be attributable to any such fixed base. The Advisor agrees to advise the Company as soon
as practicable upon any change in the foregoing. The Advisor acknowledges that the Company may withhold from any amounts payable to the
Advisor under this Agreement such federal, state or local income, payroll, employment or other taxes as are or may be required to be
withheld pursuant to any applicable law or regulation.

The Advisor acknowledges that the shares of Common Stock issued as Compensation are “restricted securities” as defined in
Rule 144 under the Securities Act of 1933, as amended, and will therefore bear a legend, as set forth in Exhibit A. The shares of Common
Stock issued as Compensation may not be offered, sold or otherwise transferred absent an effective registration statement or the availability
of exemptions from the registration requirements under federal securities laws and from any qualification or registration requirements
under the securities laws of any applicable state or foreign jurisdictions.

Expenses. The Advisor shall submit to the Company reasonably detailed receipts with respect thereto which substantiate the Advisor’s
expenses, including expenses relating to attendance at meetings of the Advisory Board and to any other services performed by the Advisor
hereunder. The Company shall reimburse the Advisor for all documented expenses reasonably related to the performance of the Advisor’s
duties hereunder; however, any individual expense exceeding $1,000 must be pre-approved by the Company.

Permissions. The Advisor hereby grants permission to the Company to reasonably utilize the Advisor’s name, likeness, and
biographical information in Company documents, including for commercial purposes; subject to the Advisor’s final approval of such
use in the sole discretion of the Advisor. For the avoidance of doubt, the Advisor may withhold or condition its approval to each and
every specific use of the Advisor’s name, likeness or biographical information, in its sole and absolute discretion.

Confidentiality. (a) The Advisor shall not disclose or otherwise provide any Confidential Information (as defined below) to third
parties without the prior written consent of the Company; provided, however, that the Advisor may disclosure such information to its
own tax or legal advisors to the extent necessary for such advisors to perform their duties to the Advisor.

The Advisor agrees and undertakes that he will not disclose, copy or use Confidential Information except for the performance of his duties
hereunder. Unless otherwise provided in this Agreement, the Advisor shall not acquire any rights or license of any kind under any patent,
copyright, trademark, trade secret, or other intellectual property right in or to any Confidential Information.

The Advisor shall hold all Confidential Information in strict confidence and shall safeguard the Confidential Information with a reasonable
degree of care.

For purposes of this Agreement, “Confidential Information” shall mean all information in any and all medium disclosed
by the Company to the Advisor including, without limitation, (i) internal affairs or proprietary business operations of the Company or
its affiliates or (ii) any trade secrets, new project developments or programming. “Confidential Information” shall also
include information disclosed by the Company which relates to marketing and business plans, forecasts, projections and analyses and financial
information.

For the purposes of this Agreement, Confidential Information shall not include any information which:

already known to the Advisor or is publicly available at the time of disclosure;

(ii)	becomes
publicly known or available after disclosure through no act of the Advisor in breach of this
Agreement;

(iii)	is
disclosed to the Advisor by a third party who is not in breach of an obligation of confidentiality;

(iv)	was
or is independently developed by the Advisor without use of any Confidential Information;

required to be disclosed by applicable law or regulation; provided however, that if the Advisor
receives a subpoena or similar document requiring it to disclose Confidential Information,
the Advisor shall, to the extent reasonably practicable, notify the Company so that the Company
can take appropriate action to suppress the disclosure of Confidential Information or else
insure that Confidential Information is disclosed under confidentiality provisions only.

Term and Termination. This Agreement will be for a term of one (1) year, beginning on the Effective Date (the “Term”).
Notwithstanding the foregoing, either party may terminate this Agreement at any time for any reason or for no reason upon ten (10) business
days’ prior written notice. Upon such termination, the Advisor shall be entitled to receive any amounts accrued under Sections
3 and 4 for the period prior to such termination.

Governing Law; Jurisdiction. This Agreement shall be governed by and construed in accordance with the law of the State of Nevada.
The Advisor irrevocably agrees that the courts of the State of Nevada shall have exclusive jurisdiction in relation to any claim, dispute
or difference concerning this Agreement, the Advisor’s appointment, and any matter arising therefrom and the Advisor irrevocably
waive any right that the Advisor may have to object to an action being brought in those courts, or to claim that the action has been
brought in an inconvenient forum, or that those courts do not have jurisdiction.