SUB-AGENT AGREEMENT THIS SUB-AGENT AGREEMENT (this “Agreement”) is entered into as of this 1st day of September, 2026 (“Effective Date”) by and among Haven Global (the “SubAgent”) and Brand Central, LLC (the “Agent”). WHEREAS, Agent has, under separate agreement, secured a licensing representation agreement with THE ABSOLUT COMPANY INTERNATIONAL (“Company”); WHEREAS, the Agent and Company entered into that certain Representation Agreement dated as of March 4, 2026(“Company Agreement”); WHEREAS Agent desires to avail itself of the Sub-Agent's local experience, skills, abilities, knowledge, and background; WHEREAS, the Sub-Agent agrees to be engaged and retained by the Agent to act as a sub-agent in connection with the Company Agreement, upon the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the premises and the covenants, agreements and obligations set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby covenant and agree as follows: 1.
Definitions. As used herein, the following terms shall have the following meanings: (a)
Any capitalized term used herein and not otherwise defined shall have the meaning ascribed in the Company Agreement.
(b)
“Licensing Revenue” shall mean all gross advances, guarantees, royalties, minimum guarantees and other compensation accrued, due, paid and/or transferred to Company in consideration of a License Agreement in the Territory for which Sub-Agent provided Services, between Company and a third party, and under the Company Agreement, provided such revenue is actually paid to Agent.
(c)
“License Agreement” shall mean any agreement, or portion thereof, entered into by Company and a third party and (i) for which Sub-Agent provided Services, (ii) covered by the Company Agreement, and (iii) covering the Territory, in each case, granting rights for the manufacture, distribution, sale, merchandising, advertising, promotion, provision and/or
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