Adjive

Master Services Agreement

Paid Media Management Services

This Master Services Agreement ("Agreement") is entered into as of May 12, 2026, by and between:

Agency

Amundson Media

DBA Adjive

Casey Amundson, CEO

Client

Sobear Ltd

Matt Singleton, CEO

This Agreement outlines the terms and conditions under which the Agency will provide paid media management, creative strategy, and landing page services to the Client.

01

Scope of Services

The Agency shall act as the Client's paid marketing partner for the platforms and markets outlined below. The Agency will provide comprehensive paid media management, creative strategy, testing, and landing page development to drive measurable growth and return on ad spend.

1.1 Paid Media Management

The Agency will manage all paid media campaigns across the following advertising platforms:

  • Google Ads — Search, Display, Shopping, Performance Max, YouTube, and Demand Gen campaigns
  • Meta Ads — Facebook and Instagram (Feed, Stories, Reels, Advantage+)
  • TikTok Ads — In-Feed, TopView, Spark Ads, and Shopping campaigns

1.2 Target Markets

Campaigns will be managed across the following geographic markets:

Australia
New Zealand
United States
Canada
United Kingdom

1.3 Creative Strategy & Testing

The Agency will be responsible for developing, testing, and optimizing all creative assets used in paid media campaigns. This includes but is not limited to:

  • A/B and multivariate testing of ad copy, headlines, and descriptions
  • Creative concept development, iteration, and performance analysis
  • Image and video creative testing across formats and placements
  • Audience segmentation testing and targeting optimization
  • Bid strategy testing and budget allocation optimization
  • Conversion rate optimization through creative and messaging refinement

1.4 Landing Page Development

The Agency will design, develop, and optimize dedicated landing pages tailored to paid media campaigns. The Agency is responsible for ensuring these pages are conversion-optimized, mobile-responsive, and aligned with the overarching marketing strategy. This includes ongoing testing and iteration of landing page elements to maximize conversion rates.

02

Compensation & Fees

The Client agrees to compensate the Agency based on a hybrid model consisting of a fixed monthly retainer and a performance-based percentage of ad spend.

2.1 Monthly Retainer

Month 1

$15,000

USD — Setup & onboarding

Month 2+

$12,000

USD — Ongoing monthly

The monthly retainer covers all paid media management, creative strategy, testing, and landing page services for ad spend up to $130,000 per month.

2.2 Performance-Based Ad Spend Fee

In addition to the monthly retainer, the Agency will charge a percentage of the total monthly ad spend that exceeds $130,000 USD. This fee is tiered based on total ad spend volume, structured as follows:

Monthly Ad SpendAgency Fee
Up to $130,000Covered by retainer
$130,001 — $500,0008%
$500,001 — $1,000,0006.5%
Above $1,000,0005%

The percentage fee is calculated incrementally — only on the portion of ad spend that falls within each respective tier above the $130,000 threshold.

2.3 Payment Terms

The monthly retainer is due on the first of each month. The performance-based ad spend fee will be invoiced at the end of each calendar month based on actual ad spend and is due within seven (7) days of invoice date. All fees are in USD.

2.4 Late Payment

In the event that any invoice remains unpaid beyond the seven (7) day payment window, a late fee of three percent (3%) of the outstanding balance will be charged for every thirty (30) days the payment remains overdue. This fee compounds monthly until the balance is paid in full.

If payment remains outstanding for more than sixty (60) days, the Agency reserves the right to suspend all services, including pausing active campaigns, until the account is brought current. The Agency will provide written notice via email prior to any service suspension. The Client remains liable for all accrued fees during any suspension period.

03

Client Responsibilities

The Client agrees to provide the Agency with timely access to all necessary accounts, platforms, and assets required to execute the services. This includes:

  • Administrative access to all advertising accounts (Google, Meta, TikTok)
  • Access to analytics platforms (Google Analytics, conversion tracking, etc.)
  • Brand guidelines, logos, and any existing creative assets
  • Timely feedback and approvals on creative concepts and campaign strategies

The Client is solely responsible for funding all ad spend directly to the respective advertising platforms. The Agency's fees do not include the cost of media spend itself.

04

Creative Approval & Reporting

4.1 Creative Approval Process

The Agency will present all creative concepts, ad copy, and landing page designs to the Client for review prior to launch. The Client may grant the Agency standing authorization to deploy creatives without prior approval on a case-by-case basis.

Regardless of approval delegation, the Agency will maintain full transparency by providing access to all creatives, performance data, and testing results through a shared dashboard. The Client retains the right to revoke creative deployment authorization at any time with written notice.

4.2 Performance Reporting

The Agency will provide the Client with comprehensive performance reporting and strategic updates, including:

  • Real-time dashboard access for all creative performance, landing page performance, and key KPIs
  • Weekly performance summaries with key metrics (ROAS, CPA, CTR, conversion volume)
  • Monthly comprehensive reports with strategic recommendations and testing insights
  • Regular strategy calls to discuss performance, testing roadmap, and scaling opportunities
05

Budget & Ad Spend Approval

All budget increases and ad spend adjustments require explicit Client approval. The Agency will communicate budget recommendations and spend increase proposals via the designated WhatsApp communication channel.

The Agency shall not increase total monthly ad spend beyond the Client-approved budget without prior written confirmation from the Client via WhatsApp or email. The Client agrees to respond to budget approval requests within forty-eight (48) hours to avoid delays in campaign scaling.

06

Term & Termination

6.1 Minimum Commitment

This Agreement shall commence on the date of signing with a minimum commitment period of ninety (90) days. During this initial period, neither party may terminate the Agreement except for material breach. After the initial 90-day period, the Agreement will continue on a month-to-month basis.

6.2 Termination

Following the initial 90-day commitment period, either party may terminate this Agreement by providing written notice of thirty (30) days to the other party. Upon termination, the Client shall pay all outstanding fees for services rendered up to the effective date of termination, including any accrued performance-based fees.

In the event of termination, the Agency will provide a full transition of all campaign data, access credentials, and documentation within ten (10) business days of the termination effective date.

07

Ad Account & Asset Ownership

All advertising accounts created or managed under this Agreement are and shall remain the sole property of the Client (Sobear Ltd). This includes all Google Ads, Meta Ads, and TikTok Ads accounts, along with all associated campaign data, audience data, conversion history, and creative assets.

Upon termination of this Agreement, the Agency will transfer full administrative access of all accounts back to the Client and remove Agency access within ten (10) business days. All historical data, campaign structures, and audience segments will remain intact and accessible to the Client.

Any proprietary tools, frameworks, methodologies, or systems developed by the Agency prior to or independent of this engagement remain the sole property of the Agency.

08

Scope Changes & Additional Services

This Agreement covers paid media management, creative strategy, testing, and landing page development as defined in Section 1. Any work outside this scope — including but not limited to SEO, email marketing, organic social media, influencer partnerships, or additional platform management — is not included.

Should the Client request additional services beyond the defined scope, the Agency and Client will discuss requirements on a one-to-one basis as they arise. Any agreed-upon additional services will be documented in a separate addendum or statement of work with associated fees and timelines.

09

Non-Solicitation

During the term of this Agreement and for a period of twenty-four (24) months following its termination, the Client agrees not to directly or indirectly solicit, recruit, hire, or engage any employee, contractor, or team member of the Agency who has been involved in providing services under this Agreement.

This includes, but is not limited to, media buyers, creative strategists, account managers, and any other personnel assigned to the Client's account. In the event of a breach of this clause, the Client agrees to pay the Agency a recruitment fee equal to twelve (12) months of the solicited individual's compensation as liquidated damages.

10

Indemnification

All paid media creatives, ad copy, landing page content, and campaign materials produced by the Agency will be provided to the Client for review and approval prior to deployment. The Client assumes responsibility for ensuring that all approved materials comply with applicable laws, regulations, and platform policies in their respective markets.

The Client agrees to indemnify and hold harmless the Agency from any claims, damages, losses, or liabilities arising from the use of Client-approved materials, including but not limited to intellectual property disputes, regulatory violations, or advertising platform policy enforcement actions.

The Agency agrees to indemnify and hold harmless the Client from any claims arising directly from the Agency's gross negligence or willful misconduct in the execution of services under this Agreement.

11

Force Majeure

Neither party shall be liable for any failure or delay in performing its obligations under this Agreement where such failure or delay results from circumstances beyond the reasonable control of that party. This includes, but is not limited to:

  • Advertising platform outages, policy changes, or account suspensions initiated by the platform
  • Regulatory changes affecting advertising in any of the target markets
  • Natural disasters, pandemics, acts of government, or civil unrest
  • Internet or infrastructure failures beyond either party's control

In the event of a force majeure occurrence, the affected party shall notify the other party promptly and both parties shall work in good faith to mitigate the impact and resume normal operations as soon as reasonably possible.

12

Confidentiality

Both parties agree to maintain the confidentiality of any proprietary or sensitive information shared during the term of this Agreement. This includes, but is not limited to, business strategies, financial data, customer information, campaign performance data, and trade secrets.

This confidentiality obligation shall survive the termination of this Agreement for a period of two (2) years.

13

Data Privacy & Compliance

Both parties agree to handle all personal data and customer information in compliance with applicable data protection laws in the markets served, including but not limited to the Australian Privacy Act, New Zealand Privacy Act, UK GDPR, US state privacy laws, and Canadian PIPEDA.

The Agency will implement reasonable technical and organizational measures to protect data processed in connection with the services. Any data breach or suspected breach will be reported to the other party within seventy-two (72) hours of discovery.

14

Limitation of Liability

The Agency's total liability under this Agreement shall not exceed the total fees paid by the Client in the three (3) months preceding any claim. The Agency shall not be liable for indirect, incidental, or consequential damages, including lost profits or revenue.

The Agency does not guarantee specific performance results, as advertising outcomes are influenced by market conditions, platform algorithms, competitive activity, and other factors outside the Agency's control. The Agency commits to applying industry best practices and continuous optimization to maximize performance.

15

Dispute Resolution

Any dispute arising under or in connection with this Agreement shall first be addressed through good-faith negotiation between the parties. Either party must provide written notice of the dispute within thirty (30) days of becoming aware of the issue.

If the dispute cannot be resolved through negotiation within thirty (30) days of the initial written notice, either party may initiate binding arbitration. Arbitration shall be conducted in Maricopa County, Arizona, in accordance with the rules of the American Arbitration Association.

Each party shall bear its own costs and legal fees in connection with any dispute resolution proceedings, unless the arbitrator determines otherwise.

16

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona, United States. Both parties consent to the exclusive jurisdiction of the courts and arbitration bodies located in Maricopa County, Arizona for any proceedings arising under this Agreement.

Execution

By signing below, both parties agree to the terms and conditions outlined in this Master Services Agreement.

Agency Signature

Name

Casey Amundson

Title

CEO

Company

Amundson Media DBA Adjive

Date

May 12, 2026

Signature

Casey Amundson

Client Signature

Matt Singleton
CEO
Sobear Ltd
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