PROJECT INVESTMENT AGREEMENT

PROJECT INVESTMENT AGREEMENT

This Investment Agreement herein referred to as the “Agreement” is made and entered into on _____________________herein after the “Effective Date” between ______________________ hereinafter the ”Company,” and ____________________ hereinafter referred to as the “Party.”

WHEREAS the parties herein have willingly agreed to enter into this Agreement to provide Investment in the project in consideration of two percent of the contract sum of each project by the Company;

WHEREAS the Company needs to have a minimum sum of $50,000 to bid for projects;

WHEREAS the parties have also agreed that other than Financial Institutions recognized by the government, the Party will be the Sole Investor in the Company;

The parties hereby agree as follows:

1. Investment. 

From the 25^th day to the end of each month starting February 2022, the Party shall remit to the Company $50,000, from now on referred to as the “Investment.” 

• Benefit. 

In return for the Investment, the Company agrees to pay the Party an amount equal to two percent (2%) of the contract sum paid to the Company from the secured Projects, either from the private or government sector.

The two percent (2%) will be paid to the Party before the 5^th of every calendar month.

• Confidentiality. 

All the terms and conditions of this Agreement and any confidential information must be kept confidential unless disclosure is required under the process of law. 

Disclosing or using this information for any purpose beyond the scope of this Agreement or the exceptions set forth above is expressly forbidden without the Parties’ prior consent.

The Parties agree that the confidentiality clause will remain active and in power even upon the completion.

• Warranties.

The Party warrants that it will not fail to provide the Investment on time to the Company.

The Company warrants that it will do everything in its favor to secure the projects so that the Party gets its benefit under this Agreement.

• Conflict Resolution.

The Company and the Party hereby mutually agree to have mutual negotiations in good faith if there is a dispute concerning the services, interpretation, obligations, etc., envisioned under this Agreement. If the negotiations fail, parties may resolve the issue/dispute/conflict through neutral Arbitration. The decision and award of the arbitrator shall be final and binding on all parties, and the costs of such proceedings shall be borne equally by both parties.

• Default.

If the Party fails to deposit the Investment to the Company’s Account at the agreed time herein, the Party will not be entitled to the project that has been awarded in the subsequent two (2) months.

If the Company fails to pay the agreed benefit to the Party on time, the Company will have to pay a late payment of refund of interest charges at the rate of 1.5% per month.

• Entire Agreement. 

This Agreement contains the parties’ entire understanding concerning the subject matter herein and supersedes all previous agreements (oral and written), negotiations, and discussions. The descriptive headings of the sections of this Agreement are inserted for convenience only and shall not control or affect the meaning or construction of any provision hereof.  

Any modifications or amendments to this Agreement must be in writing and signed by both parties.

• Choice of Law. 

This Agreement shall be governed and interpreted according to the laws of ______________________. 

• Waiver. 

The waiver by either party of the breach of any covenant or provision in this Agreement shall not operate or be construed as a waiver of any subsequent breach by either of the Parties.

1. Severability. 

In the event a court of competent jurisdiction declares any term or provision of this Agreement to be invalid or unenforceable, this Agreement will remain in full force and effect and either:

1. The invalid or unenforceable provision(s) will be modified to the minimum extent necessary to make such provision(s) valid and enforceable; or
2. If such a modification is not possible, this Agreement will be interpreted as if such invalid or unenforceable provision(s) were not a part of this Agreement.

1. Counterparts. 

This Agreement may be executed in any number of counterparts, all of which will form part of the same instrument and be an original of this Agreement.

IN WITNESS WHEREOF, this Agreement has been executed by the parties herein;-