COMMERCIAL ADVERTISING CONTRACT No.

20221108VN007ADVCONT

Date: November 8th, 2022:

Party A: Moments Company Inc.
Address: 4F, 145 Dosan-daero, Gangnam-gu, Seoul, Republic of Korea
Business Registration: 842-86-01047
Legal represented by: MR. JUNG YOONJIN
Position: C.E.O

Party B:
Name: Choi Jongrak
Address: 33 Cheonho-daero 39-gil, Dongdaemun-gu, Seoul, Republic of Korea
Phone number: 010-9717-1632

- After discussion, based on the demand and abilities of Two Party, Party A
and Party B agrees to the following terms and conditions as following:
Article 1: Contract agreement.
- Party A hires Party B for a commercial advertising purpose as follow: Party
A signs a commercial contract by using Party B’s personal SNS for
advertising purpose as follow:
Contents:
(1) 1 Tiktok Video (1:00-1:30)
Upload date: 11/08/2022
Product: Mung Bean Pore Clay Mask

(2) 1 Youtube Shorts *same contents as Tiktok Video*

Upload date: 11/08/2022
Product: Mung Bean Pore Clay Mask
 (3) 1 Facebook Stories
Upload date: 11/11/2022
Content: Shopee Vietnam 11.11 Sale information

-The contents will be uploaded on Party’s B Youtube, Tiktok & Facebook

accounts
- Youtube channel:
https://www.youtube.com/c/HanQuocBrosHQB
- Tiktok channel:
https://www.tiktok.com/@hanquocbros?_t=8XA
ab0P7vhS&_r=1
-Facebook channel:
https://www.facebook.com/HANQUOCBROS

Article 2: Price and payment

2.1. Contract value
The payment for the services in Article 1 is 1,470,000 won (One million and
four hundred seventy thousand korean won)

2.2. Payment
Upon considering the above terms, the payment is as follow:
-The above agreed payment (subtracted 3.3% personal income tax) will be made
within in 2 times payment
+ The first 50% will be transfer after receiving the final draft on 11/08/2022
+ The rest of the payment will be transfer within 5 days of the upload date on
11/15/2022

Payment shall be made by wire transfer in krw (korean won) to the following
account
 Bank account: IBK Bank
Bank Account Number: 348-032464-02-015
Beneficiary: 최종락

Article 3: Contract terms

- The contract shall take effect from the time both parties enter the contract

- In any cases Party B shall not delete video/posts of Party A's product
permanently

Article 4: Party A rights and obligation

4.1. Party A’s obligation.
- Payment shall be made in due course and in full of the contractual value
under Article 2 of this Agreement.
4.2. Party A’s right.
- Have the authority to inspect and supervise Party B's performance of the
contract in accordance with the agreements concluded.
- Have the right to request Party B to report the progress of implementation
of the agreement.
- Have the right to claim damages from Party B if Party B violates the
agreement of the contract.

Article 5: Party A rights and obligation

5.1. Party B’s obligation.
- Ensure that Party A’s contract terms (Youtube Short & Tiktok) are
uploaded accordingly upon the agreed schedule .
- Party B shall not delete the post from his platform permanently (except in
some cases, such as due to the product or party A's violation of the law,
affecting the image and name of party B).
- Party B shall compensate for damages to Party B in violation of
contractual agreements
 - Report to Party A the progress of the work carried out by Party B.

5.2. Party B’s rights.

- Ensure Party A pays on time in accordance with Article 2 of the Agreement.
- Get media support from A and overcome scandals together in case Party A/
Party A’s products have any scandals that affect the credibility with respect to
the products or company that may damage the image of Party B

Article 6: Contract penalties

6.1. Party A: Party A: Failure to make payment to Party B on time
(referred to Article 2), is subjected to pay overdue interest on violations
of interest rate regulations and to be liable before the law.
6.2. Party B: Party B shall be subjected to 15% contract value if the agreed
contents do not meet the above discussed deadline (refer to Article 1)

Article 7: Unilateral Contract Termination

7.1. In the case Party A fails to make payment to Party B on time (referred to
Article 2), Party B has the rights to terminate the contract as well as asking
Party A to make payment according to Contract Article 2 (Value and
Payment)
7.2. Party B: Except in unavoidable situations such as: Youtube/ Instagram
channel is lost or hacked, if Party B does not guarantee the posting of the
video on Youtube/ Tiktok channels as the agreed posting schedules, Party A
has the right to unilaterally terminate the contract and demand that Party B
be punished for the violation and compensation for damages under the terms
of the contract

Article 8: Miscellaneous
1. This Agreement shall be effective from the time the parties enter into
the Agreement. Any further amendments shall be made in writing by
both parties.
2. In the course of implementing a contract in which a dispute arises, the
parties negotiate a settlement in principle and respect each other's rights. In
the event that cannot be settled between two parties, either party has the
right to file a lawsuit to request a settlement from the competent court in
accordance with the law.
3. Both parties have read the full text of this Agreement themselves,
understood and agreed to the full text of this Agreement. Party A and Party B
have voluntarily signed/ stamped/pointed this Agreement.

The contract shall be made of 2 copies of the same legal value and shall be
kept by each party

Party A Party B
(Signed, Full name) (Signed, Full name)