Seller Agreement

This Seller Agreement (“Agreement”) is entered into between Oceanhood Inc. (“Oceanhood,” “Company,” “we,” “our,” or “us”) and the individual or entity registering as a seller (“Seller,” “you,” or “your”) on the Oceanhood marketplace platform (“Platform”).

By registering as a Seller or using the Platform, you agree to be legally bound by this Agreement.

PLATFORM SERVICES

Oceanhood operates an international online marketplace facilitating transactions between independent sellers and buyers, including maritime vessels, shipping operators, commercial entities, and international customers.

Oceanhood acts solely as a marketplace facilitator and technology provider unless expressly stated otherwise in writing.

SELLER ELIGIBILITY

Seller represents and warrants that:

• Seller has full legal authority to enter this Agreement
• Seller is legally authorized to sell listed products
• Seller complies with all applicable laws and regulations
• Seller maintains all required licenses, permits, registrations, and certifications

PRODUCT LISTINGS

Seller is solely responsible for:

• Accuracy of listings
• Product descriptions
• Product images
• Pricing
• Inventory availability
• Product legality
• Product safety
• Export compliance

Seller shall not list prohibited, counterfeit, dangerous, infringing, or illegal products.

Oceanhood reserves the right to remove listings at its sole discretion.

ORDER FULFILLMENT

Seller is solely responsible for:

• Packaging
• Shipping
• Customs documentation
• Export documentation
• Delivery coordination
• Carrier arrangements
• Product quality
• Delivery accuracy

Seller must fulfill accepted orders within commercially reasonable timeframes.

VESSEL DELIVERIES

For vessel-related deliveries, Seller acknowledges that:

• Maritime schedules may change without notice
• Port restrictions may apply
• Additional security and customs procedures may exist

Seller assumes all operational risks associated with maritime delivery fulfillment.

Oceanhood does not guarantee successful vessel delivery.

TAX RESPONSIBILITIES

Seller is solely responsible for:

• Tax registration
• Collection and remittance obligations
• VAT obligations
• Customs declarations
• Reporting taxable income

Where required by law, Oceanhood may collect or remit certain marketplace facilitator taxes.

Seller remains responsible for all other tax obligations.

FEES

Seller agrees to pay:

• Marketplace fees
• Transaction processing fees
• Subscription fees (if applicable)
• Advertising or promotional fees
• Chargeback costs where applicable

Oceanhood reserves the right to modify fees with reasonable notice.

PAYMENTS

Payments may be processed through third-party providers including:

• Stripe
• Revolut Business

Oceanhood may withhold, delay, or reserve payments in connection with:

• Fraud investigations
• Chargebacks
• Compliance reviews
• Sanctions screening
• Disputes

PROHIBITED ACTIVITIES

Seller shall not:

• Engage in fraud or deceptive conduct
• Circumvent Platform fees
• Manipulate reviews
• Infringe intellectual property rights
• Violate sanctions or export laws
• Misrepresent products
• Sell counterfeit or prohibited goods

COMPLIANCE

Seller agrees to comply with:

• U.S. sanctions laws
• Export regulations
• Maritime laws
• Customs laws
• KYC/AML requirements
• Consumer protection laws

Oceanhood may suspend Seller accounts pending compliance verification.

RETURNS AND DISPUTES

Seller is responsible for handling:

• Product defects
• Customer complaints
• Return requests
• Refund obligations
• Warranty claims

Oceanhood may assist in dispute resolution but is not obligated to resolve disputes in Seller’s favor.

INTELLECTUAL PROPERTY

Seller grants Oceanhood a non-exclusive worldwide license to use Seller-provided:

• Logos
• Product images
• Descriptions
• Trademarks
• Marketing materials
• for operation and promotion of the Platform

Seller represents that it owns or controls such rights.

DISCLAIMER

Oceanhood provides the Platform “AS IS” and makes no guarantees regarding:

• Sales volume
• Customer traffic
• Revenue generation
• Platform uptime
• Delivery outcomes

LIMITATION OF LIABILITY

To the maximum extent permitted by law, Oceanhood shall not be liable for:

• Lost profits
• Lost business opportunities
• Shipping losses
• Customs delays
• Port restrictions
• Indirect or consequential damages

Oceanhood’s total liability shall not exceed fees paid by Seller to Oceanhood during the preceding 3 months.

INDEMNIFICATION

Seller agrees to indemnify and hold harmless Oceanhood from claims arising from:

• Seller products
• Seller conduct
• Regulatory violations
• Intellectual property disputes
• Product liability claims
• Tax obligations

TERMINATION

Oceanhood may suspend or terminate Seller accounts at its sole discretion, including for:

• Compliance concerns
• Fraud
• Sanctions violations
• Excessive disputes
• Breach of this Agreement

GOVERNING LAW

This Agreement shall be governed by the laws of the State of Delaware, United States.

Disputes shall be resolved exclusively in Delaware courts.

CONTACT INFORMATION

Oceanhood Inc.

• 8 The Green, Suite G
• Dover, Delaware 19901
• United States
• Email: sales@theoceanhood.com
• Website: www.theoceanhood.com