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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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.

Arbitration. Notwithstanding the foregoing, either the Advisor or the Company may elect to resolve any claims and disputes arising
under or relating to this Agreement by binding arbitration in the State of Nevada or another location mutually agreeable to the Advisor
and the Company. The arbitration shall be conducted on a confidential basis pursuant to the Commercial Arbitration Rules of the American
Arbitration Association. The seat of arbitration shall be Las Vegas, State of Nevada. The arbitration shall be conducted before a single
arbitrator, experienced in corporate law matters and mutually agreed to by the Advisor and the Company. An award of arbitration may be
confirmed in a court of competent jurisdiction. Any decision or award as a result of any such arbitration proceeding shall be in writing
and shall provide an explanation for all conclusions of law and fact and shall include the assessment of costs, expenses, and reasonable
attorneys’ fees.

Entire Agreement; Amendment and Waiver; Survival. This Agreement constitutes the entire agreement between the parties hereto with
respect to the Advisor’s engagement and supersedes all prior verbal and written agreements and understandings related thereto.
This Agreement may be amended only by a written agreement executed by all of the parties hereto. Waiver of or failure to exercise any
rights provided by this Agreement and in any respect shall not be deemed a waiver of any further or future rights. The provisions of
this Agreement shall survive the termination of this Agreement.

Assignment. Any assignment of this Agreement without the express written consent of all parties hereto, which consent shall not
be unreasonably conditioned, withheld or delayed, shall be void.

Notices. Any notice, request, instruction, or other document required by the terms of this Agreement, or deemed by any of the
parties hereto to be desirable, to be given to any other party hereto shall be in writing and shall be given by personal delivery, overnight
delivery, mailed by registered or certified mail, postage prepaid, with return receipt requested, or sent by electronic mail (with receipt
confirmed) to the addresses or email address of the parties as follows:

to the Company:

Ambitious
Entertainment, Inc.

W 6th Avenue

Vancouver,
British Columbia V5Y 1K6

Canada

Attention:
Kirk E. Shaw

E-mail:

to the Advisor:

Robert
Franke

E-mail:

The
persons and addresses set forth above may be changed from time to time by a notice sent as aforesaid. If notice is given by personal
delivery or overnight delivery in accordance with the provisions of this Section, such notice shall be conclusively deemed given at the
time of such delivery provided a receipt is obtained from the recipient. If notice is given by mail in accordance with the provisions
of this Section, such notice shall be conclusively deemed given upon receipt and delivery or refusal. If notice is given by electronic
mail transmission in accordance with the provisions of this Section, such notice shall be conclusively deemed given at the time of delivery
if between the hours of 9:00 a.m. and 5:00 p.m. Pacific time on a business day and if not during such times on a business day, at 9:00
a.m. on the next business day following delivery, provided a delivery confirmation is obtained by the sender.

Severability. If any provision hereof is held to be illegal, invalid, or unenforceable during the term hereof, such provision
shall be fully severable. This Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision had
never comprised a part hereof, and the remaining provisions hereof shall remain in full force and effect and shall not be affected by
the illegal, invalid, or unenforceable provision or by its severance wherefrom.

Indemnification. The Company shall indemnify, defend, protect and forever hold harmless the Advisor (the “Indemnified
Party”) from and against any and all losses, claims, actions, damages, and liabilities, joint or several, to which such Indemnified
Party may become subject under any applicable statute, law, ordinance, regulation, rule, code, order, constitution, treaty, common law,
judgment, or decree, made by any third party or otherwise, relating to or arising out of the services or other matters referred to in
or contemplated by this Agreement or the engagement of such Indemnified Party pursuant to, and the performance by such Indemnified Party
of, the services or other matters referred to or contemplated by this Agreement, and the Company will reimburse any Indemnified Party
for all costs and expenses (including, without limitation, attorneys’ fees and expenses) as they are incurred in connection with
the investigation of, preparation for, or defense of any pending or threatened claim, or any action or proceeding arising therefrom,
whether or not such Indemnified Party is a party thereto. The reimbursement and indemnity obligations of the Company, under this Section
14 shall survive the termination of this Agreement.

Nature of Relationship. The Advisor shall perform the services as an independent contractor, and nothing contained in this Agreement
shall be construed to create or imply a joint venture, partnership, principal-agent, or employment relationship between the parties.
The Advisor, as an independent contractor, shall have the sole and complete direction of the manner of performance of the services and
the method and manner of obtaining the Company’s desired results, subject to the Company’s reasonable general satisfaction
as to the manner of performance and conduct of the Advisor and the other provisions of this Agreement.

[Signature
Page Follows]

WITNESS WHEREOF, each of the parties have executed or caused to be executed on its behalf by a duly authorized person as of the date
first above written.

AMBITIOUS ENTERTAINMENT, INC.

By:	/s/ Kirk
E. Shaw

Kirk E. Shaw

Chief Executive Officer

/s/ Robert Franke

Robert
Franke

[Signature
Page to Advisory Agreement dated April 22, 2026 between

Ambitious
Entertainment, Inc. and Robert Franke]

Exhibit

Restrictive
Legend

THE
SHARES (OR OTHER SECURITIES) REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR
REGISTERED OR QUALIFIED UNDER ANY APPLICABLE SECURITIES LWS OF ANY STATE OR POLITICAL SUBDIVISION OF THE UNITED STATES AND MAY NOT BE
SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR QUALIFICATION OR AN OPINION OF COUNSEL SATISFSCTORY TO
THE COMPANY AND ITS COUNSEL, THAT AN EXEMPTIONS FROM SUCH REGISTRATION OR QUALIFICATIONS ARE AVAILABLE.