As of: May 2026

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§ 1 Subject of the Contract

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(1) The client commissions Oakhurst Ventures UG (haftungsbeschränkt), operating under the brand "Oakhurst Pictures" (hereinafter "contractor"), to provide creative, cinematic, photographic, strategic, and production-related services in the areas of brand communication, cinematic storytelling, content production, creative direction, social media, campaign development, and digital brand staging.

(2) Services are rendered exclusively on the basis of a service contract in accordance with §§ 611 et seq. BGB (German Civil Code). The subject of the contract is the provision of the agreed services, not the achievement of a specific economic or creative success.

(3) Liability for success in the sense of a contract for work is excluded. Statements regarding possible developments, reach, brand impact, or economic results are forecasts based on experience, long-standing activity, and comparable case studies. They do not constitute guarantees or assured properties.

(5) The parties commit to a trusting, cooperative, and goal-oriented collaboration and will promptly inform each other of all material circumstances relevant to the project's execution.

(7) The client shall timely provide the contractor with all information, access, content, contact persons, products, and organizational prerequisites necessary for the performance of the services.

(8) If the client fails to fulfill their cooperation obligations, or does so late or inadequately, the contractor is not responsible for any resulting delays or additional expenses. The client shall bear any additional costs.

(9) The contractor is entitled to engage qualified subcontractors, freelancers, production partners, or creative service providers to perform the services.

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§ 2 Client's Obligations

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(1) The client ensures that all provided content is free from third-party rights.

(2) Approvals for concepts, videos, photographs, designs, texts, or campaigns must be granted promptly to avoid disrupting production schedules.

(3) By approving creative proposals, associated expenses and calculated production costs are simultaneously deemed approved.

(4) Upon completion, the client is obligated to accept the services rendered in accordance with the contract, provided there are no significant defects.

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§ 3 Remuneration

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(1) The remuneration is based on the individually prepared and accepted offer.

(2) Services outside the agreed scope of services will be charged at an hourly rate of EUR 150.00 plus statutory VAT.

(3) Travel, accommodation, studio, catering, equipment, license, or other production costs will be charged separately, unless expressly agreed otherwise.

(4) If the client defaults on payment, the contractor is entitled to demand default interest in accordance with § 288 BGB and reminder fees of EUR 5.00 per reminder.

(5) If the client is in default of two consecutive payments or an amount equivalent to at least two months' remuneration, the entire outstanding remuneration until the regular end of the contract becomes due immediately.

(6) The contractor is entitled to suspend services if the client is in arrears with a due payment for more than 14 days.

§ 4 Rights of Use

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(1) The contractor grants the client a simple right of use to the created work results, unless otherwise agreed in writing.

(2) All rights of use are transferred to the client only after full payment of all invoices.

(3) Raw data, unedited material, project files, editing files, or production setups generally remain with the contractor, unless a separate agreement has been made.

(4) The contractor is entitled to use the created works for self-promotion, portfolio purposes, social media, awards, presentations, or website displays, with attribution to the client.

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§ 5 Liability

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(1) The contractor is liable only in cases of intent or gross negligence.

(2) In the event of a breach of essential contractual obligations, liability is limited to the foreseeable damages typical for the contract. Liability for property damage is limited to EUR 10,000.00 per claim.

(3) Liability for damages resulting from injury to life, body, or health remains unaffected.

(4) No liability exists for the client's content, instructions, or decisions.

(5) Complaints must be made in writing within 10 working days of the service delivery.

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§ 6 Confidentiality

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(1) Both parties undertake to keep confidential all information that becomes known in the course of the collaboration.

(2) This obligation applies during the contract term and for three (3) years after the contract ends.

(3) This obligation also applies to employees, freelancers, and commissioned third parties.

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§ 7 Data Protection

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The parties undertake to comply with the applicable data protection regulations, in particular the GDPR. If necessary, a separate data processing agreement will be concluded.

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§ 8 Contract Term and Termination

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(1) Unless otherwise agreed, the minimum term is twelve (12) months.

(2) The contract automatically renews for another twelve (12) months unless terminated in writing with thirty (30) days' notice prior to the end of the term.

(3) The right to extraordinary termination for good cause remains unaffected.

(4) Productions already commenced, booked shooting days, travel, or third-party costs must be fully compensated in the event of termination.

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§ 9 Change Requests and Revisions

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(1) Unless otherwise agreed, up to two (2) revision rounds are included.

(2) Further change requests will be charged separately based on effort.

(3) Requests for changes must be communicated within 30 days of delivery. Thereafter, the services shall be deemed accepted.

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§ 10 Final Provisions

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(1) Amendments or additions to these General Terms and Conditions must be made in writing.

(2) Should any provision be or become invalid, the validity of the remaining provisions shall remain unaffected.

(3) The place of jurisdiction is Hamburg, Germany, to the extent permitted by law.

(4) German law applies, excluding the UN Convention on Contracts for the International Sale of Goods (CISG).

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Provider Identification

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Oakhurst Ventures UG (haftungsbeschränkt)

operating under the brand Oakhurst Pictures

Commercial Register: HRB 137692

Registry Court: Amtsgericht Hamburg

VAT ID No.: DE301789746

Managing Directors:

Ilja V. Gladko

Lorenz C. Kolbe

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E-Mail: info@oakhurst-ventures.com

Responsible for content according to § 18 para. 2 MStV:

Ilja V. Gladko

Lorenz C. Kolbe

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Am Bronzehügel 92

22399 Hamburg

Germany

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