NFT LICENSE AGREEMENT

This NFT License Agreement ("Agreement") is a legally binding contract between you ("Owner" or "you") as the holder of a non-fungible token ("NFT"), and Retinal Delights, Inc. ("we," "us," or "Retinal Delights, Inc."), governing the rights and obligations concerning your NFT and the associated digital artwork ("NFT Art").

(a) NFT Ownership

When you lawfully acquire an NFT, as recorded on the blockchain by Retinal Delights, Inc., you hold exclusive rights to transfer, sell, trade, or otherwise transact with your NFT. Except for the NFT rights we explicitly retain, you may freely manage your ownership of the NFT. Retinal Delights, Inc. has no right or ability to revoke or alter your ownership.

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(b) Intellectual Property

Retinal Delights, Inc. retains all intellectual property rights, title, and interest in the underlying NFT Art, including but not limited to copyrights, trademarks, and any other proprietary rights associated with the NFT Art. The license to use the NFT Art is granted solely as described in Section 2.

(a) License to Use NFT Art

Upon acquiring the NFT and in accordance with the terms of this Agreement, Retinal Delights, Inc. grants you a non-exclusive, transferable, worldwide, royalty-bearing license to:

• Reproduce, distribute, publicly display, and commercially exploit the NFT Art as long as you hold the NFT.
• The license is applicable for both commercial and non-commercial purposes, subject to the restrictions set forth in Section 3.

(b) Royalty Collection

For each secondary sale or transfer of the NFT, Retinal Delights, Inc. and the platform (such as Thirdweb) will collect royalties on such transactions. Retinal Delights, Inc. is entitled to a portion of these royalties, the exact percentage of which is determined at the time of transaction.

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(a) Restrictions on Usage

You cannot:

• Use the NFT Art for illegal or immoral activities, including defamation, discrimination, or the promotion of violence.
• Exploit or commercialize individual features or attributes of the NFT Art (e.g., traits, backgrounds, or accessories) separate from the complete artwork.
• Use Retinal Delights, Inc. trademarks, logos, or any brand elements without express written permission.
• Attempt to register a trademark or any other intellectual property related to the NFT Art or its individual elements without permission.

(b) Reservation of Rights

All rights not expressly granted to you remain reserved by Retinal Delights, Inc..

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This license remains in effect as long as you hold the NFT. The license automatically terminates upon the transfer or sale of the NFT. Upon termination of the license, you must immediately cease any use of the NFT Art, including its display or commercialization.

You agree to indemnify and hold harmless Retinal Delights, Inc., its affiliates, officers, employees, and agents from any and all claims, liabilities, losses, damages, or expenses (including legal fees) arising from:

• Your use or misuse of the NFT or NFT Art.
• Your violation of any part of this Agreement.
• Any infringement of third-party rights caused by your actions.

For questions or concerns regarding this Agreement or your NFT, please contact:

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RETINAL DELIGHTS, INC.

8605 Santa Monica Blvd., Suite 31226

Suite 31226

West Hollywood, CA 90069

United States

Phone: (+1)3235151725

admin@retinaldelights.io

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