SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: S-1
Document Type: EX-10.10
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/ex10-10.htm

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Exhibit

BOARD
MEMBER AGREEMENT

BOARD
MEMBER AGREEMENT (this “Agreement”) made as of January 16, 2026, by and between Ambitious Entertainment, Inc., a company
incorporated under the law of the State of Nevada (the “Company” or “we” and its correlatives),
and Patricio Rabuffetti, a natural person with residence in Madrid, Spain (“Director” or “you”
and its correlatives).

WHEREAS,
the Company wishes for Director to join its board of directors (the “Board of Directors”) and Director wishes to join
the Board of Directors and to provide such services to the Company to fulfil the obligations of a director in accordance with the Company’s
articles of incorporation, its bylaws, the provisions of the Nevada Revised Statutes and this Agreement.

WHEREAS,
the appointment of Director as a director of the Company has been approved by the Board of Directors;

NOW
THEREFORE, in consideration of the premises and for the good and valuable considerations the parties hereby agree as follows:

SECTION
1. Services.

You are hereby appointed as a director of the Company upon the terms and subject to the conditions of this Agreement. You are expected
to attend all meetings of the Board of Directors, meetings of any committees of the Board of Directors on which you may serve from time
to time and meetings of shareholders of the Company (as requested). In addition, you will be expected to devote appropriate preparation
time ahead of each meeting. Meetings may be held by remote communication or at a specific location as the Board of Directors may from
time to time decide.

By accepting this appointment, you confirm that you are able to allocate sufficient time to meet the requirements and expectations of
this position.

You will undertake such travel as may reasonably be necessary for the performance of your duties, including travelling overseas for meetings
of the Board of Directors and site visits if required.

You shall discharge your general duties as a director pursuant to the Company’s articles of incorporation, bylaws and applicable
law, including all applicable laws, statutes, regulations and codes relating to the prevention of fraud, bribery, corruption, racketeering,
money laundering or terrorism.

The performance of individual directors and the Board of Directors and its committees is evaluated annually. If, in the interim, there
are any matters which cause you concern about your position, you should discuss them with the Chairman of the Board of Directors as soon
as is appropriate.

SECTION
2. Director Fees; Reimbursement of Expenses.

Compensation.

consideration for the performance of your duties as a director of the Company as set forth
herein, the Company shall pay to you compensation of 100,000 shares of the Company’s
common stock, par value $0.001 per share (the “Common Stock”), for the Term of
this Agreement (the “ Compensation ”). Notwithstanding anything to the contrary
herein, this Agreement shall become effective only upon the consummation of the Company’s
initial public offering (the “IPO”). No Compensation shall accrue prior to the
completion of the IPO.

(ii)	Beginning with the first full fiscal quarter following the IPO, you shall be eligible to
receive 25,000 shares of Common Stock per fiscal quarter during the Term, until a total of
100,000 shares of Common Stock have been granted. The shares of Common Stock shall be issued
at the end of each applicable fiscal quarter. The shares
of Common Stock issued for the first fiscal quarter following the IPO shall vest on the six
(6) month anniversary of the IPO date. All shares of Common Stock issued for subsequent fiscal
quarters shall vest in full upon issuance.

(iii)	In
the event this Agreement is terminated prior to the six (6) month anniversary of the IPO,
you shall earn such number of shares of Common Stock pro-rated for the number of days you
served as Director between the IPO date and the termination date, as compared to the total
number of days in the six (6) month period. All remaining unearned shares of Common Stock
thereafter shall be forfeited.

the event this Agreement is terminated on or after the six (6) month anniversary date of
the IPO but prior to the Term of this Agreement, you shall earn such number of shares of
Common Stock pro-rated for the number of days you served as Director during the applicable
fiscal quarter prior to termination, divided by the total number of days in such fiscal quarter.
All remaining unearned shares of Common Stock thereafter shall be forfeited.

(v)	You
acknowledge that the shares of Common Stock issued as Compensation are “restricted
securities” under the federal securities laws and will bear appropriate legends. 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 requirement
under the securities laws of any applicable state or foreign jurisdictions.

The Company shall bear all costs and expenses associated with the issuance of the shares of Common Stock to Director. Director acknowledges
sole responsibility for Director’s personal tax obligations arising from the Compensation.

The Company agrees to reimburse you for out-of-pocket expenses incurred by you in connection with your service provided that such expenses
are against original and valid receipts and pre-approved by the Company in writing; provided that such approval shall not be unreasonably
withheld (“Expenses”). An itemized invoice must be submitted to the Company within fifteen (15) days following the
end of each calendar month for Expenses incurred during such month in order to be eligible for reimbursement.

For the avoidance of any doubt the aforementioned Compensation reimbursement of Expenses constitute the full and final consideration
for your appointment, and no additional consideration of any kind is payable to you for your services as a director.

In addition to any right pursuant to applicable law, occasions may arise when you consider that you need professional advice in furtherance
of your duties as a director. Circumstances may occur when it will be appropriate for you to seek such advice from independent advisors
at the Company’s expense, to the extent provided under applicable law and subject to the prior written approval of a majority of
the independent directors of the Company.

SECTION
3. Term and Termination.

The term of your appointment shall be for one Year or until the next Annual Meeting of Stockholders unless terminated earlier as provided
herein unless the Board of Directors decides otherwise. For the purposes of this Agreement, a “Year” of service is
deemed to run from January 1 of a year through December 31 of such year.

This appointment shall terminate immediately and without claim for compensation on the occurrence of any of the following events:

you resign as a director of the Company for any reason;

you are removed and not re-appointed as a director of the Company at a meeting of shareholders
of the Company duly called for the purpose of the election or appointment of directors in
accordance with the requirements of the law of the State of Nevada and the articles of association
and by laws of the Company, and. for so long as any securities of the Company are listed
on one or more securities exchanges, the requirements of such securities exchanges;

(iii)	if
you have been declared bankrupt or made an arrangement or composition with or for the benefit
of your creditors; and/or

you have been disqualified from acting as a director (including, but not limited to, an event
in which you are declared insane or become of unsound mind or become physically incapable
of performing your functions as a director for a period of at least 60 days);

(v)	upon
your death;

an order of a court having jurisdiction over the Company requires you to resign;

(vii)	your
conviction of, or plea of guilty or nolo contendere to, a felony;

(viii)	your
willful misconduct that causes material harm to the Company, or

(ix)	your
material breach of this Agreement that remains uncured for thirty (30) days after written
notice thereof.

Any termination of your appointment under this Agreement shall be without payment of damages or compensation (except that you shall be
entitled to any accrued Compensation or Expenses properly incurred prior to the date of such termination pursuant to Section 2 of this
Agreement).

On termination of your appointment under this Agreement, you shall return all property belonging to the Company, any of its subsidiaries
or any of its affiliated entities, together with all documents, papers, disks and information, howsoever stored, relating to any of them
and used by you in connection with your position with the Company.

SECTION
4. Non-Competition. Subject to the proper performance of your obligations to the Company under this Agreement, the articles of
incorporation of the Company, its bylaws any applicable law, the Company agrees that Director will be free to accept other appointments
and directorships provided that:

(a)	Prior
written approval is obtained from the Board of Directors;