AB International renegotiates ufilm AI IP deal, pays $300K cash for full ownership after software defects

AI Era Corp.

Final Execution Agreement: AB pays $300,000 cash by July 31, 2025 in lieu of $500,000 NFT MMM IP for full ownership of defective ufilm AI IP.
Original $2M license fee renegotiated down to $300K after AIHUB failed to deliver; two-thirds of functionalities unimplemented (auto ad insertion, intelligent video release).
Additional defects in remaining one-third: no H5 mobile support, limited multi-language (English, Simplified Chinese), missing voice reading/speech input, social sharing.
AB exempted from remaining $1.5M payment and from delivering NFT MMM IP; AIHUB must immediately deliver current version upon cash receipt.
Arbitration under AAA in NYC; New York law governs. Amendment dated June 2, 2025 superseded by this Final Agreement dated July 12, 2025.

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