Distribution and Sales Policy

"Credit" means the virtual currency unit used on the Platform for AI generation services. One (1) Credit has a fixed value of €0.05 (five Euro cents), equivalent to twenty (20) Credits per Euro.

"Credit Balance" means the total number of Credits held in a User's account, available for consumption on AI generation services.

"User Wallet" means the Credit-based account maintained for each registered User, tracking Credit additions (subscriptions, top-ups) and deductions (AI generations, template purchases).

"Brand Wallet" means the EUR-denominated deposit account maintained for verified Brand accounts, used exclusively for funding Campaigns and paying Creators for campaign deliverables.

"Creator Earnings" means the EUR-denominated balance representing a Creator's withdrawable income, derived from template sales, campaign payments, and other monetization activities, net of applicable Platform Fees.

"Platform Fee" means the percentage-based fee retained by the Company from commercial transactions, as specified in this Policy.

"Withdrawal Fee" means the fee charged to Creators when transferring earnings from their Creator Earnings balance to an external bank account, calculated as 2.5% of the withdrawal amount plus €0.25.

"Gross Sales Price" means the total amount paid by a buyer or client for content, before any deductions for fees, taxes, or expenses.

"Net Amount" means the amount payable to a Creator after deduction of the applicable Platform Fee from the Gross Sales Price.

"On-Platform Sale" means any transaction where payment is processed through the Platform's integrated payment systems (Stripe).

"Off-Platform Sale" means any transaction where a Creator sells, licenses, or monetizes Co-Created Content through external channels, outside the Platform's marketplace.

"Template" means a pre-made Music Video script with reference images, created and listed for sale by a Creator on the Template Marketplace.

"Commercial Declaration" means the formal self-reporting of an Off-Platform Sale through the Platform's designated dashboard.

3.1. Payment Processing

All On-Platform payments are processed through Stripe, our integrated payment processor. The Company acts as an Agent (Mandatar) and Co-Proprietor in marketplace transactions, facilitating the transfer of funds between parties.

3.2. On-Platform Sale Flow

When a Client purchases content through the VeyoLabs Marketplace:

• Step 1: Client pays the full purchase price via Stripe
• Step 2: Platform automatically splits the payment:
  • 20% retained by VeyoLabs (Platform/Tech Fee)
  • 80% credited to Creator's Earnings balance (Net Amount)
• Step 3: Automatic invoicing is generated for both parties
• Step 4: Client receives a Certificate of 100% Ownership upon completion

3.3. Automatic Rights Transfer

Upon successful payment of the 20% Platform Fee (whether paid by the Creator or directly by the Client):

• VeyoLabs automatically and irrevocably assigns its 20% Platform Share to the Creator (who may then pass it to the Client) OR directly to the Client, as applicable.
• This creates a "Clean Chain of Title," allowing the Client to hold 100% of the rights globally and in perpetuity.

3.4. Stripe Processing

Standard Stripe processing fees apply to all transactions. These fees are separate from the Platform Fee and are deducted from the transaction total before distribution.

5.1. Template Marketplace Overview

The Template Marketplace allows Creators to sell pre-made Music Video scripts with reference images to other Users. Templates are priced in Credits and may range from 10 to 5,000 Credits (€0.50 to €250.00).

5.2. Template Pricing Tiers

5.3. Template Purchase Flow

When a Buyer purchases a Template:

• Step 1: Credits are deducted from Buyer's Credit Balance
• Step 2: The transaction is converted to EUR (Credits × €0.05)
• Step 3: 20% Platform Fee is retained by VeyoLabs
• Step 4: 80% Net Amount is credited to Creator's Earnings (in EUR)
• Step 5: Buyer receives access to the purchased template content

5.4. Template Ownership Rights

Template purchases grant Buyers a license to use the template structure, script, and reference images for their own productions. Buyers must still generate their own final content using the Platform's AI tools and remain subject to the Co-Publishing Agreement for any resulting Co-Created Content.

5.5. Creator Without Profile (Fallback)

If a Template Creator does not have a verified Creator Profile with banking information, template sale proceeds will be credited to their User Credit Balance instead of Creator Earnings, until such time as they complete their Creator Profile setup.

6.1. Creator Earnings Account

Creator Earnings represent withdrawable funds denominated in EUR. Earnings accumulate from:

• Template Marketplace sales (80% net after Platform Fee)
• Campaign payments from Brands
• Off-Platform sales declared and settled
• Other monetization activities as specified by the Platform

6.2. Earnings Status

Earnings progress through the following statuses:

• Pending: Earned but not yet cleared (typical hold period: 7-14 days)
• Available: Cleared and available for withdrawal
• Withdrawn: Successfully transferred to Creator's bank account

6.3. Withdrawal Requirements

To withdraw Creator Earnings, Creators must:

• Have an approved Creator account (user_status: "approved_creator")
• Complete a verified Creator Profile with valid banking information
• Have a verified bank account linked to their profile
• Have sufficient available (cleared) earnings balance

6.4. Withdrawal Fees

Each withdrawal is subject to a Withdrawal Fee calculated as:

Withdrawal Fee = (Amount × 2.5%) + €0.25

The Net Payout is the withdrawal amount minus the Withdrawal Fee.

6.5. Withdrawal Processing

Withdrawals are processed via Stripe Payouts. Processing times vary by region and bank but typically complete within 1-5 business days. Creators will receive confirmation when payouts are initiated and completed.

6.6. Duplicate Withdrawal Protection

To prevent accidental duplicate withdrawals, the Platform blocks identical withdrawal requests within a 5-minute window.

7.1. Brand Wallet Overview

Verified Brand accounts have access to a Brand Wallet, a dedicated EUR-denominated deposit account used exclusively for:

• Funding marketing Campaigns
• Paying Creators for deliverables
• Allocating budgets to specific projects

7.2. Wallet Deposit

Brands may deposit funds into their Brand Wallet via:

• Credit/Debit card payment (Stripe)
• Bank transfer (for verified enterprise accounts)

All deposits are denominated in EUR. Currency conversion for non-EUR payments is handled by Stripe at prevailing exchange rates.

7.3. Wallet Balance Types

• Available Balance: Funds available for immediate allocation to Campaigns
• Pending Balance: Funds allocated to active Campaigns (held in escrow)
• Total Deposited: Lifetime sum of all deposits
• Total Spent: Lifetime sum of all Campaign payments and fees

7.4. Campaign Budget Allocation

When a Brand creates a Campaign:

• The Campaign Budget is allocated from the Brand Wallet
• Funds move from Available Balance to Pending Balance
• Upon Creator deliverable approval, funds are released:
  • 20% Platform Fee retained by VeyoLabs
  • 80% Creator Payment credited to Creator Earnings

7.5. Wallet Refunds

Unused wallet balances may be refunded under the following conditions:

• No active Campaigns with allocated funds
• Written request to the Platform support team
• Subject to a 5% administrative fee on refund amounts
• Refunds processed within 14 business days to original payment method

8.1. Subscription Plans

The Platform offers tiered subscription plans that include monthly Credit allocations. Subscription Credits are:

• Automatically credited upon successful subscription payment
• Non-refundable and non-transferable
• Accumulated month by month — unused credits roll over to the next cycle and expire 12 months from the date of original allocation

8.2. Credit Top-Up Packages

Users may purchase additional Credits through top-up packages:

8.3. Credit Purchase Terms

• All Credit purchases are processed via Stripe
• Credits are non-refundable once purchased
• Unused credits accumulate month by month and expire 12 months from the date of allocation; promotional or service credits expire upon account termination
• Credits are forfeited upon account termination for policy violations

9.1. Platform Tax Status

VeyoLabs (VeyoLabs AI) is a Romanian limited liability company operating as a micro-enterprise. The Company maintains a Special EU Intra-Community VAT Code for cross-border transactions.

9.2. EU Individual Creators (OSS Regime)

For Off-Platform sales where a Creator is an individual (natural person) resident in an EU member state:

• The Platform Fee payment constitutes an electronic/licensing service from VeyoLabs to the Creator
• The place of supply is the Creator's country of residence
• VeyoLabs will collect and remit VAT at the Creator's local rate through the One Stop Shop (OSS) mechanism
• Example: Swedish Creator paying 20% fee → VAT at 25% (Sweden) is included in or added to the fee

9.3. VAT Exemption & Export Rules

VeyoLabs issues invoices under two distinct VAT exemption regimes depending on the jurisdiction of the deal:

• Romanian Domestic (RO jurisdiction): VeyoLabs invoices are VAT-exempt as a micro-enterprise under Art. 310 alin. (1) din Legea nr. 227/2015 privind Codul Fiscal. This applies to deals between Romanian-registered entities.
• Non-EU Clients (EU/Global jurisdiction): Invoices are VAT 0% as export of services under Art. 278 Cod Fiscal and EU Directive 2006/112/EC. Reverse-charge applies where applicable.
• Creator payments are issued by VeyoLabs acting as third-party billing agent under Art. 319 alin. (19) Cod Fiscal and Art. 2009 Cod Civil, or as self-billing agent depending on contract jurisdiction.
• The Company's revenue is subject to Romanian micro-enterprise tax (3% of net revenue, not VAT-registered domestically).

9.4. Creator Tax Residency Declaration

Creators may be required to declare their tax residency jurisdiction to ensure proper withholding and reporting. Providing false tax residency information constitutes fraud and grounds for account termination.

9.5. User Tax Responsibility

Users are solely responsible for determining and fulfilling their own tax obligations in their jurisdiction, including income tax, VAT/GST registration, and any required filings related to earnings from the Platform.

10.1. Condition Precedent

Any transfer of ownership, master rights, or copyright from the Creator to a Client is conditionally valid only upon the receipt of the 20% Platform Fee by VeyoLabs.

10.2. Automatic Assignment

Upon successful payment of the 20% Platform Fee (whether paid by the Creator or directly by the Client):

• VeyoLabs automatically and irrevocably assigns its 20% Platform Share to the Creator (who may then pass it to the Client) OR directly to the Client, as applicable.
• This creates a "Clean Chain of Title," allowing the Client to hold 100% of the rights globally and in perpetuity.

10.3. Certificate of Ownership

Upon full payment, the Platform generates a downloadable Certificate of 100% Ownership that:

• Confirms the transfer of both the Creator's 80% and VeyoLabs' 20% interests
• Provides a unique certificate ID for verification
• May be provided to the Client as proof of clean title

10.4. Defective Title (Non-Payment)

If the Creator transfers Master Content to a Client without paying the Platform Fee:

• The transfer is deemed voidable regarding VeyoLabs' 20% interest.
• VeyoLabs retains its 20% ownership claim on the work, regardless of the Client's possession of the files.
• VeyoLabs reserves the right to issue a DMCA Takedown Notice or pursue legal action against the Client for unauthorized use of VeyoLabs' property.
• The Client may seek indemnification from the Creator for providing defective title.

12.1. Automatic Invoicing

For On-Platform transactions, the Platform automatically generates two invoices per deal, with the applicable VAT and legal basis determined by the selected contract jurisdiction:

• Invoice A (VeyoLabs → Client): For the 20% Platform Tech/IP Fee. VAT basis: Art. 310 alin. (1) Cod Fiscal (RO jurisdiction) or Art. 278 Cod Fiscal / EU Directive 2006/112/EC (EU/Global jurisdiction).
• Invoice B (Creator → Client via VeyoLabs): For the 80% Creator Share. Issued by VeyoLabs either as a third-party billing agent (Art. 319 alin. (19) Cod Fiscal & Art. 2009 Cod Civil — RO jurisdiction) or as a self-billing agent (Art. 319 Cod Fiscal — EU/Global jurisdiction).

12.2. Billing Agent Authorization

By accepting this Policy, Creators expressly authorize VeyoLabs to issue invoices on their behalf for On-Platform sales. Depending on the jurisdiction of the transaction:

• RO Jurisdiction: VeyoLabs acts as a third-party invoicing agent (agent terț) under Art. 319 alin. (19) Cod Fiscal and the mandate provisions of Art. 2009 Cod Civil. Invoice B will state: "Factură emisă de VeyoLabs (VeyoLabs AI) în calitate de agent terț în numele [Denumire Creator]."
• EU / Global Jurisdiction: VeyoLabs acts as a self-billing agent under Art. 319 Cod Fiscal. Invoice B will state: "Issued by VeyoLabs on behalf of [Creator Name] under self-billing authorization."

12.3. Transaction Records

All financial transactions are logged in the User's dashboard with:

• Transaction ID
• Date and time (UTC)
• Transaction type (credit, debit, withdrawal, etc.)
• Amount and currency
• Description and metadata
• Running balance after transaction

12.4. Downloadable Statements

Users may download transaction statements for accounting and tax purposes through the Platform dashboard.

13.1. Payment Disputes

Users may dispute transactions by contacting support within 30 days of the transaction date. Disputes must include:

• Transaction ID
• Description of the issue
• Supporting documentation

13.2. Chargeback Policy

Users who initiate chargebacks through their bank or card issuer without first attempting resolution through Platform support may have their accounts suspended pending investigation. Fraudulent chargebacks will result in permanent account termination and collection action.

13.3. Governing Law

This Distribution and Sales Policy is governed by the laws of Romania. Disputes shall be resolved in accordance with the dispute resolution provisions of the Terms of Service.

14.1. Relationship to Other Agreements

This Distribution and Sales Policy is supplementary to and incorporated by reference into the VeyoLabs Terms of Service and License Agreement. In the event of conflict, this Policy shall take precedence regarding financial matters.

14.2. Modifications

VeyoLabs reserves the right to modify this Policy with 30 days' notice. Continued use of the Platform after the effective date constitutes acceptance of the modified Policy.

14.3. Severability

If any provision of this Policy is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

14.4. Survival

Provisions regarding payment obligations, audit rights, liquidated damages, indemnification, and intellectual property rights shall survive termination of this Policy or the User's account.

14.5. Contact

For questions regarding this Distribution and Sales Policy, please contact:

• Email: legal@cibeeo.com
• Financial Inquiries: finance@cibeeo.com
• Enterprise: enterprise@cibeeo.com