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WRITER’S BENEFIT PROGRAM AGREEMENT

THIS AGREEMENT (“Agreement”) is made effective this 17 April 2024 (“Effective Date”).

BY AND BETWEEN

POCKET FM PRIVATE LIMITED, a company incorporated under the Companies Act, 2013
with company identification number [ 06AAKCP0895M1ZT ], having its registered office at
B1/201 PW/O Housing Complex, Sector 43, Gurgaon, Haryana 122009, India (“Company”,
which expression shall unless repugnant to the context or meaning thereof be deemed to
mean and include its successors, related entities and assigns) of the FIRST PART;

AND

Sumit Kumar, a/an Indian with identification number Pan no: MXYPK9531M having
address at Jawaripur Tilkamanjhi, Bhagalpur, Bihar, 812001, India (“Writer”, which
expression, unless repugnant to the context hereof, shall mean and include its heirs and
assigns) OF THE SECOND PART

Company and Writer shall hereinafter be individually referred to as “Party” and collectively
referred to as the “Parties” where the context requires.

In consideration of the mutual promises and upon the terms and conditions set forth below,
the parties agree as follows:

WHEREAS:

A. Company is engaged in the business of, inter alia, managing, operating and hosting a
platform, under the brand Pocket FM, that allows users to share and listen to content,
including audiobooks and podcasts, across different languages (“Pocket FM
Platform”);

B. Company operates and manages the ‘Writer Benefit Program’ or Program (defined
hereinbelow) under which a writer can create and develop fictional stories
(“Content”) in different languages and earn Consideration (defined hereinunder).
The Consideration is subject to the Conditions of Approval set out in Schedule 2
hereinunder.

C. Writer has created and developed Content, details of which are set out in Schedule 1
hereinunder, which has been approved by the Company to be accepted under the
Program, and the Writer is agreeable to receive the Consideration from the Company.

D. Writer agrees to assign all rights, title and interest including Intellectual Property
Rights, in the Content (and its various parts, as applicable) to the Company, in
accordance with the terms and conditions of this Agreement.

NOW, THEREFORE, in consideration of the above recitals, of the following terms and
conditions, and of other good and valuable consideration, the receipt and adequacy of
which are hereby acknowledged, the Parties hereby agree as follows:

1. Definitions

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1.1 In this Agreement:

(a) “Affiliate” means any person, company, enterprise, organization and other legal
entities, whether existing now or may be formed at a future date, that are
controlled by a Party or control a Party or under common control with a Party.
"Control" means the ownership, directly or indirectly, of more than fifty-one
percent (51%) of equity interest and voting rights in such Party, or the ownership,
directly or indirectly, of more than fifty-one percent (51%) of any other equivalent
assets of such Party or other legal rights determining the management of such
Party. Entities include, without limitation, individuals, partnerships, corporations
and other legal persons.

(b) “Applicable Law” shall mean any statute, law, regulation, ordinance, rule,
judgment, notification, rule of common law, order, decree, bye-law, permits,
licenses, approvals, consents, authorisations, directive, guideline, requirement or
other governmental restriction, or any similar form of decision of, or determination
by, or any interpretation, policy or administration, having the force of law of any of
the foregoing, by any authority having jurisdiction over the matter in question,
whether in effect as of the date of this Agreement or thereafter.

(c) “Confidential Information” shall mean all information whether commercial,

financial, technical or which is marked or otherwise designated to show expressly
or by implication to be “confidential”, which is disclosed by the Company, to the
Writer (1) in a documentary or electronic form or other physical embodiment, or
(2) orally or visually, or (3) accessed by the Writer through the course of the
discharge of its obligations under this Agreement. It shall also include, without
limitation and notwithstanding the above, information concerning the business
relationship between the parties, information concerning or related to this
Agreement, information concerning the organization, strategic business plans,
results of testing, finance, product information, method of operation and
intellectual property, content, technology, trade secrets, know-how, formulae,
drawings, designs, specifications, methods of operation, photographs, films,
documents, ideas, concepts, the identity of employees, customers, customer
prospects, suppliers and/or other business contacts (including names, addresses,
and telephone numbers of customers, customer prospects, suppliers and/or other
business contacts) and compilations of data and transaction or affairs and
computer readable data, object code and source code or notes, extracts, analyses or
materials prepared or in possession of the Writer which are copies of or derivative
works of the Confidential Information, or from which the substance of the
Confidential Information can be inferred or understood.

(d) “Consideration” shall have the meaning ascribed in Clause 3 hereinunder.

(e) “Content” shall mean and include, apart from the explanation in Recital
hereinabove, any work titles mentioned in Schedule 1 hereinunder;

(f) “Derivative Works” shall mean and/ or include all subsequent works based on the
Work Products and/or underlying works embodied therein including without
limitation dubbed versions, remakes, adaptations, make for home video
productions, television productions, audio clippings, shots (audio or video),
commercial works, stage plays, action figurines, internet websites, games, etc. in
existing or emerging forms or formats.

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(g) “Intellectual Property Right” means and includes copyright and related rights,
trademarks, trade names and domain names, rights in get-up, rights in goodwill or
to sue for passing-off, rights in designs, rights in computer software, patents, rights
to inventions, database rights, rights in confidential information (including
know-how and trade secrets) and any other intellectual property rights, in each
case whether registered or unregistered and including all applications for
registration, and rights to apply and make such applications, and any extensions or
renewals thereof, including all rights provided by international treaties and
conventions, rights of distribution, reproduction and all other exploitation rights,
and any goodwill in relation to or in connection with the same, or such other
similar or equivalent rights or forms of protection which subsist or will subsist in
the future in any part of the world.

(h) “Territory” shall mean the whole world.

(i) “Writer Benefit Program” / “Program” shall mean and include a program
operated and managed by the Company under which writers can submit their
Content for inclusion in the Program, and have the right to earn the Consideration.

2. Intellectual Property Rights

2.1 The Company is and shall be the sole and exclusive owner of all right, title, and
interest throughout the world in and to all the Content and other results and proceeds
of the services rendered by the Writer (collectively, the “Deliverables”) and all other
writings, technology, inventions, discoveries, processes, techniques, methods, ideas,
concepts, research, proposals, and materials, and all other work product of any nature
whatsoever, that are created, prepared, produced, authored, edited, modified,
conceived, or reduced to practice in the course of performing the services or other
work performed in connection with this Agreement (collectively, and including the
Deliverables, “Work Products”) including all Intellectual Property Rights therein. The
Writer agrees that the Work Products are hereby deemed “work made for hire” for the
Company and all copyrights therein automatically and immediately vest in the
Company. If, for any reason, any Work Product does not constitute “work made for
hire,” the Writer hereby irrevocably assigns to the Company, for no additional
consideration, its entire right, title, and interest throughout the world in and to such
Work Product, including all Intellectual Property Rights therein, including the right to
sue for past, present, and future infringement, misappropriation, or dilution thereof.

2.2 To the extent any copyrights are assigned under Clause 2.1, the Writer hereby
irrevocably waives in favor of the Company, to the extent permitted by Applicable
Law, any and all claims it may now or hereafter have in any jurisdiction to all rights of
paternity or attribution, integrity, disclosure, and withdrawal and any other rights that
may be known as “moral rights” in relation to all Work Products to which the assigned
copyrights apply.

2.3 The Writer agrees to assist Company, or its nominee, at the Company’s expense, in
every proper way to secure the Company’s rights in and to all Work Products and any
Intellectual Property Rights relating to all Work Products in any and all countries,
including the disclosure to the Company of all pertinent information and data with
respect to all Work Products, the execution of all applications, specifications, oaths,
assignments and all other instruments that the Company may deem necessary in order

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to apply for and obtain such rights and in order to assign and convey to the Company,
its successors, assigns and nominees the sole and exclusive right, title and interest in
and to all Work Products, and any Intellectual Property Rights relating to all Work
Products. The Writer also agrees that the Writer’s obligation to execute or cause to be
executed any such instrument or papers shall continue after the termination of this
Agreement.

2.4 As between the Writer and the Company, the Company is, and shall remain, the sole
and exclusive owner of all right, title, and interest in and to any documents,
specifications, data, know-how, methodologies, software, and other materials provided
to the Writer by the Company (“Company Materials”), including all Intellectual
Property Rights therein. The Writer shall have no right or license to use, publish,
reproduce, prepare derivative works based upon, distribute, perform, or display any
Company Materials except solely during the Term to the extent necessary to perform
its obligations under this Agreement. All other rights in and to the Company Materials
are expressly reserved by the Company. The Writer has no right or license to use the
Company’s trademarks, service marks, trade names, logos, symbols, or brand names.

2.5 Subject to Clause 2.1, the Writer agrees that if, in the course of performing the services
required under this Agreement, the Writer incorporates into any Work Product
developed under this Agreement any pre-existing work, invention, improvement,
development, concept, discovery or other proprietary information owned by the
Writer or in which Consultant has an interest, (i) the Writer will inform the Company,
in writing before incorporating such invention, improvement, development, concept,
discovery or other proprietary information into any Work Product, and (ii) the
Company is hereby granted a nonexclusive, royalty-free, perpetual, irrevocable,
worldwide license to make, have made, modify, use and sell such item as part of such
Work Product. The Writer shall not incorporate any invention, improvement,
development, concept, discovery or other proprietary information owned by any third
party into any Work Product without the Company’s prior written permission.

2.6 The Writer agrees that the Consideration payable under this Agreement constitutes
adequate consideration for such assignment and includes complete, exclusive, royalty-
free, worldwide, irrevocable assignment, clear and free of all claims and encumbrances
on part of the Writer.

2.7 To the extent that the rights in future modes or media of exploitation cannot be
assigned by the operation of law, the Writer hereby grants an exclusive, perpetual,
worldwide, irrevocable, sub-licensable license to the Company for such future modes
or media of exploitation of the Work Products (and all parts thereof), and agrees to
execute any document, at a later date, to vest ownership of such rights in favor of the
Company.

2.8 The Writer agrees and acknowledges that the Company shall have the sole and
exclusive right to exploit and commercialize the Work Products in any form and
manner, including any right ascribed to an owner of a work under the Copyright Act,
1957. It is clarified that the Company shall also have the right to commission/ develop
any Derivative Works of the Work Products. The Company shall be the exclusive
owner of all Intellectual Property Rights in such Derivative Works. The Writer
understands and acknowledges that the Company shall have the rights to assign,
license or otherwise commercialize the Contents, and the Writer will not try to derive
any monetary benefits from the Content in any manner whatsoever.

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2.9 The Parties expressly agree that the provisions of Section 19(4) and 19A of the
Copyright Act, 1957 (as amended from time to time) or similar provisions of any other
statute or law prevailing in any other part of the Territory shall not apply to this
Agreement and the Writer hereby waives his/her rights under the aforesaid sections/
statutes/ laws.

2.10 The Writer understands and acknowledges that in case of any third-party
infringements of Intellectual Property Rights in any of the Work Products, the
Company at its own discretion shall be entitled to take legal actions against the
infringements. The Writer undertakes to provide support and assistance to the
Company as may reasonably be required by the Company, to enforce any such
Intellectual Property Right being infringed. The costs and expenses of all enforcement
actions shall be borne by the Company. The Writer also hereby irrevocably appoints
the Company as its lawful attorney and authorizes the Company to do all or any of the
acts, deeds and things necessary to be done by the Writer, with respect to the
Intellectual Property Rights in any Content.

3. Consideration

3.1 As part of the Program, and in lieu of the rights granted and/or vested with the
Company under this Agreement, and after all the conditions of the Program are
approved by the Company as mentioned in the Conditions of Approval, the Company
will pay to the Writer an initial fee at the rates specified by the Company, for the
Content written by the Writer. The Writer acknowledges the adequacy and receipt of
the consideration for the Assignment.

3.2 The Writer will also be entitled to a monthly payment till the time the Writer is
contributing to the Program, as per the terms mentioned in Schedule 3 herein.

3.3 In addition to the above, the Writer may also receive a performance based incentive in
relation to the Content or any Derivative Works in accordance with the Company’s
policies on the same which shall be issued and updated by the Company from time to
time.

3.4 The Company shall also pay to the Writer a share of the Net Revenues earned from
exploitation of the Content as set out at Schedule 3 (“Revenue Share”).

3.5 The Parties agree that the Consideration mentioned herein is and shall be the full,
complete and all - inclusive consideration payable by the Company to the Writer for
the Content and other obligations of the Writer under this Agreement, and all rights
granted by the Writer to the Company hereunder. The Company shall not be liable to
pay any additional amounts to the Writer for the Content, except as stipulated in this
Agreement.

3.6 Each Party shall be responsible for its own and/or ensure its own compliance of
applicable statutory obligations including taxes, levies, assessments or demands
pertaining to this Agreement.

4. Writer’s Representation and Warranties

4.1 The Writer hereby represents, and warrants that:

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(a) he/she has the authority, skill, experience, expertise and resources to create,
develop and submit the Content and shall so render the Content in an ethical,
good workman like and bona fide manner and in compliance with all the
Applicable Laws and regulations.
(b) he/she is of legal age, competent to contract and is not bound by any contract
that (i) may restrict his/her ability to perform their obligations and render the
services under this Agreement; or (ii) would be breached as a result of execution
and performance by the Writer of this Agreement; or (iii) is otherwise
inconsistent with this Agreement.
(c) this Agreement constitutes a legal, valid and binding obligation of the Writer,
enforceable against them in accordance with the terms of the Agreement.
(d) the Content submitted by Writer (including each part thereof, if applicable) is an
original creation of the Writer and is plagiarism free.
(e) the Content does not, and will not, violate the Intellectual Property Rights of any
third party including any moral rights, right of privacy, right of publicity or
personality rights of any third party, whether living or dead.
(f) the Content is accurate and not misleading in any manner whatsoever and will
not offend any public sentiment or morality.
(g) he/she has not used, or incorporated, any trade secrets or Confidential or
proprietary Information owned by any third party in creating and developing
the Content.
(h) he/ she will not make any defamatory or libelous remarks against the Company,
its directors, offices, associates and any other person associated with the
Company, or any of their products and/or services.
(i) there are no present or prospective claims, proceedings and/or litigations
against him/her or any disputes to which he/she is presently a party, in relation
to any of their works or otherwise.
(j) the creation, development and submission of the Content does not and will not,
with or without the giving of notice or lapse of time or both, violate, conflict
with, require any consent under or result in a breach of or default under (i)
Applicable Law; (ii) any order, judgment or decree applicable to the Writer; or
(iii) any term, condition, covenant, undertaking, agreement or other instrument
to which
(k) the Writer is a party or by which they are bound.
(l) he/ she shall comply with all Applicable Laws, regulatory requirements,
standards, guidelines and codes of practice as applicable and in connection with
the performance of their obligations under this Agreement and will not do or
permit anything to be done which might cause or otherwise result in a breach of
this Agreement or cause any detriment to the transactions herein envisaged.

5. Confidentiality

5.1 The Writer will hold the Confidential Information of the Company in trust and
confidence for the Company and, except as set forth in this Agreement or as otherwise
may be authorized by the Company in writing, will not disclose such information to
any third party. The Parties agree that the Writer may disclose the Confidential
Information of the Company to their employees or associated on a need to know basis
and to the extent necessary for the purpose of creation and development of the
Content, provided prior written consent is obtained from the Company.

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5.2 Upon written request of the Company at any time during the Term of the Agreement,
or upon expiry or earlier termination of this Agreement, the Writer at the option of the
Company shall either: (i) promptly return all the Confidential Information requested to
be returned, including all copies thereof, or (ii) destroy the Confidential Information,
including all copies thereof in the manner specified by the Company and promptly
provide a written confirmation of such destruction in writing.

5.3 In the event of breach of the foregoing obligations by the Writer, the Writer shall be
liable to pay an amount equivalent of total Consideration payable to the Writer during
the Term of this Agreement as liquidated damages to the Company, in addition to any
other remedies that the Company may have in this regard.

5.4 The Writer shall continue to perform its confidentiality obligations contemplated
herein for a period of three (3) years post the date of termination or expiration of this
Agreement.

6. Indemnity

6.1 The Writer shall indemnify and keep indemnified the Company, its officers,
employees, directors, Affiliates, assigns, licensees, representatives and agents
(“Indemnified Party”), against any and all liabilities, damages, demands, losses,
claims, charge, penalty, costs and expenses (including reasonable attorney’s fees) that
may be incurred or suffered by the Indemnified Party, arising out of (i) breach of any
obligation, undertaking, representation or warranty of the Writer under this
Agreement, or (ii) any third party claims raised against the Indemnified Party in
relation to the Content (or a part thereof, as applicable) claiming infringement or
violation of Intellectual Property Rights of any third party as a result of use of any
Content (or a part thereof, as applicable) by the Indemnified Party.

7. Termination

7.1 Termination of this Agreement shall occur if any of the following events occur:

(a) In the event of a material breach by the Writer of any of the provision of this
Agreement and subsequent failure to remedy the same within five (5) days of
having been notified of the same by the Company.
(b) In case of violation of the any non-disclosure clause by the Writer.
(c) If the Writer engages in any conduct prejudicial to the interests of the Company
or towards the fulfilment of the purposes of this Agreement.

7.2 Notwithstanding Clause 7.2 hereinabove, the Company shall, by giving prior written
notice of not less than seven (7) days to the Writer, have the right to terminate the
Agreement, without assigning any reason.

7.3 The Writer may terminate the Agreement by providing written notice of 30 (thirty)
days to the Company.

7.4 The Parties agree and acknowledges that, notwithstanding the termination of this
Agreement, the Intellectual Property Rights in the Content and any parts thereof shall
continue to always vest with the Company, and the Writer shall not have any claims,
rights or entitlements whatsoever to any of the Content.

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8. Successors and Assigns

8.1 The Writer shall not assign its rights nor obligations under this Agreement without the
prior written permission of the Company and any attempt to do so shall be void and
shall be a material breach of this Agreement. Any such assignment consented to by the
Company shall be confirmed with written confirmation signed by Parties to the said
effect.

8.2 The Company shall be entitled to license, sub-license, transfer and/or assign the whole
or any part of this Agreement and its respective rights and obligations hereunder to
any person, and all representations, warranties, undertakings, covenants and
obligations of the Writer, contained in this Agreement shall inure to the benefit of any
such licensee, sub-licensee and/or assignee of the Company.

9. Dispute Resolution, Governing Law and Jurisdiction

9.1 In case of any difference and/or dispute arising out of the interpretation and/or
subsistence or concurrence of the present Agreement, it shall be mutually and
amicably closed between the Parties within a period of fifteen (15) days from the
reference of any such difference and/or dispute by the aggrieved party to the other.

9.2 This Agreement, the construction and enforcement of its terms and the interpretation
of the rights and duties of the Parties hereto shall be governed by the laws of the
Republic of India. This Agreement is executed in English language, which shall prevail
over any translation thereof.

9.3 The Courts of Bangalore, Karnataka shall have the exclusive jurisdiction for the
resolution of any disputes arising from this Agreement.

10. Notices

10.1 All notices pursuant to this Agreement shall be in writing and shall be delivered to the
Parties, to the attention of the signatories to this Agreement, at their respective
addresses stated hereinabove and other co-ordinates stated hereinbelow. The Parties
may, from time to time, change their respective addresses or representative for receipt
of notices provided for in this Agreement by giving to the other Party not less than
seven (7) days prior written notice.

Company
Name : Nishanth KS
Designation : Co-Founder
Address : B1/201 PWO Housing Complex, Sector 43, Gurgaon, Haryana
122009, India]
Email : writers@pocketfm.com , legal@pocketfm.com

Writer
Name : Sumit Kumar
Address : Jawaripur Tilkamanjhi, Bhagalpur, Bihar, 812001, India
Email : t.sumosingh@gmail.com

11. Relationship of Parties

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11.1 Neither party shall be considered, under the provision of this Agreement or otherwise,
as having the status of an employee, legal representative, partner or agent of the other
Party. This Agreement shall not be construed to create a partnership, joint venture,
franchise or agency between the Parties.

12. Miscellaneous

12.1 Force Majeure. If the compliance of its obligations under this Agreement by either
Party is delayed, prevented, restricted or interfered with by reason of a Force Majeure
Event (means and includes (i) any act of God including but not be limited to fire, flood,
earthquake, explosion and any other natural calamity or casualty; (ii) a lockout, strike,
labour disputes, epidemic, pandemic, accident, breakdown of equipment, technical
failure, malfunction of equipment or transmission difficulties, (iii) any emergency or
any restraining act of Parliament or of any other legally constituted public authority, a
riot, public unrest, civil disturbance, embargo, or any cause or event arising out of or
attributable to war, or act of terrorism, (iv) any other cause or event which cannot be
foreseen by persons of ordinary prudence, or are otherwise outside the control of the
Parties), then the Party so affected, upon giving prompt written notice to the other
Party, shall not be liable for breach or non-performance of its obligations under this
Agreement. Upon occurrence of a Force Majeure Event, the affected Party shall as soon
as practicable, but in any event not later than 2 (two) days of a Force Majeure Event
occurring, notify the other Party in writing: (i) the details of the nature and extent of
the Force Majeure Event in question, (ii) the manner in which the affected Party is
affected, and (iii) the affected Party’s best estimate of the likely extent and duration of
its inability to perform its obligations under this Agreement as a result of such Force
Majeure Event, and, thereafter, promptly provide any further information which the
other Party may require. Further, the affected Party shall the use all reasonable
endeavours to mitigate the consequences of the relevant Force Majeure Event and
undertake and perform its obligations and duties in such other ways as may be
practicable.

12.2 Waiver. Any waiver of the provisions of this Agreement or of a Party’s rights or
remedies under this Agreement must be in writing to be effective. Failure, neglect or
delay by a Party to enforce the provisions of this Agreement or its rights or remedies at
any time, will not be construed or be deemed to be a waiver of such Party’s rights
under this Agreement and will not in any way affect the validity of the whole or any
part of this Agreement or prejudice such Party’s right to make subsequent action.

12.3 Severability. If any term, condition, or provision in this Agreement is found to be

invalid, unlawful or unenforceable to any extent, the Parties shall endeavor in good
faith to agree to such amendments that will preserve, as far as possible, the intentions
expressed in this Agreement. If the Parties fail to agree on such an amendment, such
invalid term, condition or provision will be severed from the remaining terms,
conditions and provisions, which will continue to be valid and enforceable to the
fullest extent permitted by law.

12.4 Survival. The Parties expressly agree that the provisions of Clause 2 (Intellectual
Property Rights), Clause 3 (Consideration), Clause 4 (Representation and Warranties),
Clause 5 (Confidentiality), Clause 6 (Indemnity), Clause 7 (Term and Termination),
Clause 12.1 (Force Majeure) and 12.4 (Survival) shall survive the termination of this
Agreement. Any provision and obligation of the Parties relating to or governing their
acts, which expressly or by its nature survives such termination or expiration, shall be

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enforceable with full force and effect notwithstanding such termination or expiration,
until it is satisfied in full or by its nature expires.

12.5 Counterparts. This Agreement may be executed in counterparts, each of which so

executed will be deemed to be an original and such counterparts together will
constitute one and the same agreement.

12.6 Amendments. This Agreement shall be changed/modified/varied/altered/revised by

mutual agreement of authorized representatives of the Parties in writing. No
modification of or amendment to the same nor any waiver of any rights under this
Agreement shall be effective unless mutually agreed in writing and signed by the
authorized representative of the Parties.

12.7 Entire Agreement. This Agreement constitutes the entire agreement between the
Parties including its schedules, annexure, exhibits and addendums thereto and
supersedes all prior or contemporaneous oral or written agreements concerning such
subject matter.

IN WITNESS WHEREOF BOTH THE PARTIES HAVE SUBSCRIBED THEIR

RESPECTIVE SIGNATURES UNDER THEIR COMPANY SEAL TO THE AGREEMENT
AS A TOKEN OF THEIR ACCEPTANCE TO THE TERMS AND CONDITIONS HEREIN
MENTIONED

For COMPANY FOR WRITER

Signature :
Name : Sumit Kumar
Signature :
Name : Nishanth KS
Designation : Co-Founder

Company Seal

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Schedule-1- Content

S. No. Literary work name/ title Author Name Language

1 Soul Spirit Sumit Kumar Hindi

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Schedule 2- Conditions of Approval

1. The Writer will be the sole author of the Content (except insofar as the same directly
comprises the material submitted to the Writer by the Company) and that the
Content will be wholly original to the Writer and nothing therein shall infringe the
Copyright or any other rights (including any rights of confidentiality and/or
privacy) of any third party.
2. The Content should have completed a minimum of 30,000 (thirty thousand) words.
3. The Content should be approved in writing by the “Company based on the content
quality & reader interest which shall be based on the sole discretion of the Company.
4. The Content or element thereof, and the exploitation or any other use of the rights
herein granted shall not violate or infringe upon the Copyright, trademark, trade
name, patent, literary, dramatic, musical, artistic, personal, civil or property right, or
any other right of any person, or defame, invade the right to privacy of or constitute
a defamation against any person.

Schedule 3- Consideration

The Considerations under the Program apply only to Writer who has signed their new and
original Content with Company, under an exclusive contract. Content published on any
other online/offline platform will not be valid for the Agreement. The earnings will depend
on the reader's traction, length of the Content and reader's retention on the Content.

I. INCENTIVES

1. Writer will earn a new novel bonus at the rates specified by the Company, when their
Content is approved by the Company and accepted into the Writer’s Benefit
Program. A new Content becomes eligible for signing once Writer has published the
first 30000 (thirty thousand) words. The selection of the Content will be based on
reader’s choice and editorial feedback. The payment of the Consideration and/ or
bonus amount shall be at complete discretion of the Company on approval of the
Content.

2. Based on the daily upload of Content on the Company’s Platform and as per
Company’s criteria, the Writer shall be eligible for additional bonuses. The bonuses,
if applicable, will be payable as per the criteria specified by the Company and
accessible at https://writer.pocketnovel.com/writers-benefit . The criteria and
amount of all/ any bonuses can be modified/ceased, at any point of time at the sole
discretion of the Company.

3. The editors will review the Content on the basis of (i) word count and (ii) daily
reviews received from the editorial team and readers. If the requirements are met, the
bonuses will be sent to the Writer at the end of the month. The Company can, at its
sole discretion, at any point of time stop giving daily bonuses or any other incentives,
if the Content’s retention is not up to the Company’s satisfaction.

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II. REVENUE SHARE

a) The Company shall pay to the Writer a 25% share of the Net Revenues earned from
exploitation of the Content. The Revenue Share shall be payable in the subsequent
monthly payment cycle, after the Contract is signed. For the purposes of this Clause,
“Net Revenues” means such amount paid by end users and received by Pocket FM
which is directly attributable towards the Content (in accordance with such formula
or mechanism as determined by Pocket FM at its sole discretion) on Pocket FM
platform, less deductions of actual costs charged by Android and iOS channel,
applicable taxes, refunds, brand advertising and marketing cost, bad debts,
discounts, cancelations etc.

b) All payments made to the Writer hereunder (Bonuses and Revenue Share) shall be
subject to and reduced by all applicable tax withholdings and deductions required by
applicable laws.

Writer’s Requested Bank Details:

The Considerations will be transmitted to the Writer’s requested bank account, as mentioned
below, in first working week of the successive months.

Account Holder
Name as Per Bank Sumit Kumar
Bank Name Union Bank of India
A/C No 380702120014382
IFSC Code UNIN0538078

Sumit Kumar
13

21 Apr 2024 10:47:22 AM (UTC+05:30)

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Document details

Document ID: 661fa363dcfb1ad5f0ecdfcf

Document Name: PocketFm Agreem ent_Sum it Kum ar_Soul Spirit

Signature Algorithm: SHA-256 With RSA

Signer details

Signature Method &

Sum it Kum ar
t.sum osingh@ gm ail.com
(O TP : 407833 )
9996726936 (O TP : 871857 )
Signed Tim e & IP
Algorithm
Electronic Signature
21 Apr 2024 10:47 AM
by SignDesk.com
42.105.244.91 SHA-256 With RSA

C onsent & C onsent Id

I understand that by clicking the "Sign Now" button I would be electronically signing the said
docum ent. I have read and understood the said docum ent. I agree to electronically sign all
the pages of the said docum ent and agree to be bound by them .
I understand that by clicking the "Sign Now" button I would be electronically signing the said
docum ent. I have read and understood the said docum ent. I agree to electronically sign all
the pages of the said docum ent and agree to be bound by them .
ID:5e25847f109eee1bec6320fd,5e391cb3109eee1bec30fe49

History

17 Apr 2024 03:54 PM

Docum ent C reated Nishanth KS
IST(UTC +05:30)

Invitation Sent to
Signers Sum it Kum ar 17 Apr 2024 03:55 PM
t.sum osingh@ gm ail.com IST(UTC +05:30)

Sum it Kum ar 21 Apr 2024 10:47 AM

Docume nt Signe d t.sum osingh@ gm ail.com IST(UTC +05:30)