Required before ALTR signs the Proposal. All other Proposal terms remain unchanged unless modified below.

Collateral	The backend/technology ("Licensed Technology"), regardless of whether title sits with Starset or Edan Labs.
Pledge	Edan Labs and Starset grant ALTR a security interest in the Licensed Technology. No escrow.
On Default	Pledge is called: ALTR gets step-in rights and a perpetual, royalty-free license to run it. No further payment beyond amounts already accrued.
Ownership	Unaffected outside Default.

Corporate	Edan Labs LLC and Starset Inc. jointly and severally liable for each other.
Personal	Daniel Perez and Antonio Hernaiz personally guarantee Sections 03–04.
Survival	Survives restructuring, sale, or dissolution of either entity.

Ownership	Platform funds are ALTR's at all times. No custody/control by Edan Labs or Starset beyond agreed fee deductions.
Settlement	Funds settle only to ALTR-owned accounts. No pooling or routing elsewhere.
Prohibition	No diverting, freezing, or restricting ALTR funds, for any reason.
Consequence	Violation = immediate Default (Section 01 remedies + damages).

Hosting	At-cost only, no markup.
Ordinary growth	More usage/customers is not grounds to raise retainer, license fee, profit shares, or buyout.
Exceptions	Only extraordinary, documented costs — requires ALTR approval.

Applies to	Media profit share, Management profit share, Signal/Services retainer condition.
Rule	Net profit calculated separately per entity (Management, Media, Signal/Services), own financials, own baseline.
No netting	One entity's loss never offsets another's profit. Consolidated ALTR results don't apply.

Scope	Retainer only ($7,500/mo each). Doesn't touch the license fee or profit shares.
Payee	For Daniel Perez and Antonio Hernaiz individually, for their operator roles — remitted to Edan Labs LLC.
Payor	At ALTR's discretion — any ALTR entity ALTR designates may remit payment.
Condition	Payable Net 30. Late payment within Net 30, or non-payment in a month ALTR Signal/Services is unprofitable (entity-level, per Section 06), is a Non-Default provision — not a breach of Sections 01–03.

Fee	2% of Lifetime Net Edan Labs Revenue, payable by Edan Labs LLC to Emanay Advisors.
Trigger	Payable upon an uncured Default caused by Edan Labs and/or Starset — including a Default under Sections 01, 03, or 04, or failure to execute the definitive agreement after agreeing to these terms. Not triggered by a Default caused by ALTR, or by ALTR's own decision not to proceed.
Lifetime Net Edan Labs Revenue	Total net revenue earned by Edan Labs LLC (and/or Starset Inc.) from the ALTR engagement, from the Effective Date through the triggering event. [Confirm scope — ALTR engagement only, or all Edan Labs revenue.]
Timing	Due upon the triggering event.
Guaranty	Covered by the corporate and personal guaranty in Section 02.

Interaction

All other Proposal terms unchanged. This document controls on conflict; to be built into the definitive agreement.

Please review and confirm agreement in principle.

Regards,