Party A (Challenge Participant): Trailblazer Party B (Program Producer & Organizer): Ratite
Party B has conceived and produced an online video program called "All-You-Can-Lose Challenge" (hereinafter referred to as the "Challenge") and has invited Party A to participate as the principal guest in this episode. Having negotiated in good faith and on equal terms, Party A and Party B hereby agree as follows:
Article 1: Core Challenge Terms 1.1 Challenge Goal Within 72 consecutive hours (3 calendar days) starting from the effective date of this agreement, Party A must legally complete a total consumption task of TWENTY BILLION credits within the administrative region of Astropolis. 1.2 Success and Failure (a) Success Refers to completing the consumption described in Article 1.1 within the agreed time allotment in full compliance with all restrictive clauses of this agreement. Upon success, Party A will receive a reward of ONE HUNDRED BILLION credits paid by Party B. This reward is an after-tax amount, and its nature is a permanent and irrevocable gift. (b) Failure Refers to running out of time or violating any restrictive clauses. Upon failure, Party A must, within 24 hours, reimburse Party B in full for all funds for this challenge during the challenge period, totaling TWENTY BILLION credits.
Article 2: Restrictive Clauses (Consumption Rules) Party A's consumption behavior during the challenge period must strictly abide by the following rules: 2.1 Asset Retention Prohibited Consumption shall not be used to purchase any items with long-term residual value or items that can be deemed as assets, including but not limited to real estate, vehicles, precious metals, jewelry, intellectual property, corporate equity, etc. 2.2 Destruction and Gifting Prohibited Intentional destruction of purchased items is prohibited; funds shall not be used for charitable donations, public welfare undertakings, or any form of gratuitous gifting (except for remuneration paid under an employment relationship). 2.3 Consumption Subject Restrictions All consumption must be used for Party A themselves, or for labor remuneration (which must not far exceed market prices), travel, and necessary expenses provided by personnel legally hired to complete the consumption. 2.4 Legality of Behavior All consumption and conduct shall strictly comply with all applicable laws, regulations, and policies of Interastral Peace Corporation. Any involvement in pornography, gambling, narcotics, or illegal transactions is strictly prohibited.
Article 3: Program Production and Revenue 3.1 Party A acknowledges and agrees that the entire process of their participation in this challenge will be recorded and produced by Party B into a video program titled "All-You-Can-Lose Challenge" for release. 3.2 All revenue generated from the program based on this cooperation, including but not limited to platform advertising revenue shares, sponsorship fees, sub-licensing revenue, etc., shall be divided equally between Party A and Party B, with each holding 50%. 3.3 Party B promises that this episode of the program will premiere on Party B's primary video platform channel no later than the seventh day after the end of the challenge period. Party B is solely responsible for the specific editing and promotion of the program.
Article 4: Confidentiality Obligations 4.1 Before the public release of the program agreed upon in Article 3 of this agreement, Party A shall not disclose the existence, rules, progress, and results of this challenge to any third party in any form. 4.2 This confidentiality obligation takes effect from the date of the signing of the agreement and terminates when the program is publicly broadcast across the entire network.
Article 5: Miscellaneous 5.1 During the performance of this agreement, any additional income or revenue generated by the challenge itself, including but not limited to the program revenue described in Article 3, accidentally obtained prizes, refunds, etc., must be counted into Party A's total consumption of TWENTY BILLION credits to offset it. 5.2 This agreement is made in duplicate, with Party A and Party B each holding one copy, taking effect from the date of signing by both parties. For matters not covered herein, both parties may sign a supplementary agreement separately.
Party A (Signature): ____ Party B (Signature): Ratite