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⚠️ DRAFT — 2026-06-22. This document is an unfinished draft. It has not been reviewed by a qualified lawyer, does not constitute legal advice, and is not yet in effect. Every [PLACEHOLDER] must be completed and verified by SPOTMIND Limited and its legal counsel before publication.

Legal

Studio Payout Terms

Updated 2026-06-22 (DRAFT)

Revenue share

The default creator/studio revenue share is 70% to the creator/studio and 30% to the platform. Studios that Spotreel personally designates receive 80% to the creator/studio and 20% to the platform; there is no self-serve path to the designated tier. All shares are calculated on a NET basis — the share is taken after platform-incurred operating costs are deducted from gross revenue. (Source of truth: @spotreel/config CREATOR_REVENUE_SHARE.)

Settlement schedule

Earnings are settled monthly. Each settled balance is subject to a 30-day hold before it becomes available for withdrawal, to allow for refunds, chargebacks, and fraud checks. [VERIFY HOLD PERIOD WITH COUNSEL]

Minimum payout

The minimum payout threshold is HK$100. Balances below the threshold roll over to the next settlement until the minimum is reached.

Payout method

Payouts are made via Stripe Connect where available, with bank transfer as a fallback. You are responsible for keeping your payout details accurate and for any fees charged by your bank or intermediary. [VERIFY FEE ALLOCATION WITH COUNSEL]

Taxes & withholding

You are responsible for your own taxes on payouts. Spotreel may withhold amounts where required by law and may request tax or identity documentation before releasing funds. [VERIFY WITHHOLDING OBLIGATIONS WITH COUNSEL]

Governing terms

These Payout Terms form part of the creator/studio agreement and are governed by the laws of the Hong Kong SAR. Specific per-studio terms in a signed agreement prevail over this summary where they conflict. [VERIFY WITH COUNSEL]