Browse EX-10 agreements

PROMISSORY NOTE II

Date: December 31, 2023

Borrower:	Ambitious Entertainment Inc of, Vancouver, British Columbia (the “Borrower”)
Lender:	ROOTS PROPERTIES INC of, VANCOUVER, BC, (the “Lender”)

**Principal Amount: **up to $300,000 USD From time-to-time Lender will loan funds to borrower on an as needed basis to cover operating expenses and other productions costs. The interest will be calculated annually based on the balance as of December 31st, 2023, December 31,2024, December 31, 2025, and December 31, 2026.

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SECURITIES PURCHASE AGREEMENT

This Securities Purchase Agreement (this “Agreement”) is entered into and made effective as of April 1, 2026, by and among Ambitious Entertainment, Inc., a Nevada corporation (the “Company”), each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).

RECITALS

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WHEREAS, subject to the terms and conditions set forth in this Agreement and pursuant to an exemption from the registration requirements of Section 5 of the Securities Act contained in Section 4(a)(2) thereof and/or Rule 506(b) of Regulation D thereunder, the Company desires to issue and sell to each Purchaser, and each Purchaser, severally and not jointly, desires to purchase from the Company, securities of the Company as more fully described in this Agreement;

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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 Owen May, a natural person resident in the State of New York (“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.

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PROMISSORY NOTE III

Date: September 30, 2025

Borrower:	Ambitious Entertainment Inc of, Vancouver, British Columbia (the “Borrower”)
Lender:	Kirk Shaw. of, Vancouver, British Columbia (the “Lender”)

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**Principal Amount: **up to $900,000 USD From time-to-time Lender will loan funds to borrower on an as needed basis to cover operating expenses and other productions costs. The interest will be calculated annually based on the balance as of December 31st, 2023, December 31, 2024, December 31, 2025, and December 31, 2026.

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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.

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PROMISSORY NOTE

(this “Note”)

Date: December 31st,2023

Borrower:	Ambitious Entertainment Inc of, Vancouver,British Columbia (the “Borrower”)
Lender:	Kirk Shaw. of, Vancouver, British Columbia (the “Lender”)
Principal Amount:	$255,087.67 USD

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ADVISORY BOARD AGREEMENT

This ADVISORY BOARD AGREEMENT (this “Agreement”) dated as of April 21, 2026 is by and between Ambitious Entertainment, Inc., a Nevada corporation (the “Company”), and Henry Smith, a natural person with residence in Colorado (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:

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

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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 Chuyun Chen, a natural person resident in the State of California (“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.

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PROMISSORY
NOTE (this “Note”)

Date: December 31st, 2022

Borrower:	AMBITIOUS ENTERTAINMENT INC. of VANCOUVER, BC (the “Borrower”)
Lender:	ROOTS PROPERTIES INC of, VANCOUVER, BC, (the “Lender”)
Principal** Amount:**	$211,489.87 USD

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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:

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

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PROMISSORY NOTE II

Date: December 31, 2023

Borrower:	Ambitious Entertainment Inc of, Vancouver, British Columbia (the “Borrower”)
Lender:	JC3 Production (the “Lender”)
Principal Amount:	$25,000 USD

FOR VALUE RECEIVED, The Borrower promises to pay to the Lender at such address as may be provided in writing to the Borrower, the principal sum of $25,000 USD with interest payable at the rate of 10% per annum, calculated yearly not in advance, beginning on December 31, 2023.

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Execution Version

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CREDIT AND GUARANTY AGREEMENT

Dated as of July 2, 2026

among

IRIDIUM MONITOR HOLDINGS LLC, 

as the Borrower,

NAV CANADA SATELLITE, INC., AIRNAV NORTH ATLANTIC INC., ENAV NORTH ATLANTIC LLC,
NAVIAIR SURVEILLANCE USA LLC, and NATS (USA) INC.,
as Guarantors,

THE LENDERS FROM TIME TO TIME PARTY HERETO,

and

GLAS USA LLC, 

as Administrative Agent and Collateral Agent

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