DREAM TANK COLLECTIVE LLC
LETTER OF INTENT TO INVEST

This Investment Letter of Intent (the “Letter of Intent”) represents the primary terms for an
agreement that shall be considered binding. After this Letter of Intent has been made, a formal
agreement may be constructed to benefit the parties involved.

  1. The Investor: ___________ (the “Investor”)
  2. The Investment: ___________ (the “Investment”)
  3. Investment Amount: $ ________ (the “Investment Amount”) shall be
    payable on the closing date.
  4. Principal Members: _________________ (the “Principal Members”) are
    the main shareholders or owners of the Investment.
  5. The Transaction: The Investor will enter into an agreement with the Principal Members
    of $ 1,000,000 for 15 % equity in the Company.
  6. Structure. To facilitate a closing, all parties agree to do their best efforts to formulate a
    formal agreement or Closing that:
    a. Complies with all federal, State, and local regulatory requirements;
    b. Minimize or eliminate any adverse tax consequences; and
    c. Be as cost-effective as possible.
  7. Access to Information. After executing this Letter of Intent, the Investor and its advisors
    shall have full access to any and all information about the Investment. The Investor shall
    maintain a fiduciary duty to keep the information that it obtains confidential and agrees
    not to share with any third (3rd) party unless the Principal Members give their written
    consent.
  8. Return of Materials. Any information obtained by the Investor through the Principal
    Members shall be returned if a formal agreement cannot be reached.
  9. Investment Conditions. It shall be the Investor’s obligation to review all materials
    provided and, subject to the Investor’s satisfaction, enter into a formal agreement within
    __ days after receiving all necessary materials.
    Besides, the conditions of the Investment include:

a. The review and approval of all materials in the possession and control of the Principal
members;
b. The Investor and its advisors have had a reasonable opportunity to perform the searches
and due diligence to their satisfaction; and
c. The Investor can communicate with necessary clients, customers, vendors, tenants, or
other third (3rd) party necessary.

  1. Closing Date. The Closing (the “Closing”) is the act of closing the transaction where the
    Principal Members exchange the Investment for the Investment Amount. The Closing
    shall occur on ___________ at _____________ (enter
    venue).
  2. Closing Costs. All Parties shall bear their closing expenses.
  3. Confidentiality. All negotiations regarding the Investment between the Investor and
    Principal Members shall be confidential and not be disclosed to anyone other than
    respective advisors and internal staff of the parties and necessary third (3rd) parties. No
    press or other public release will be issued to the general public concerning the proposed
    Investment without the mutual consent or as required by law. Only upon prior written
    notice to the other party unless otherwise not allowed.
  4. Formal Agreement. Pending the satisfaction of all materials by the Investor within
    __ days, a formal sale and purchase agreement shall be established between all
    parties.
  5. Good Faith Negotiations. The Investor and the Principal Members agree to act honestly
    and diligently to enter into “good faith” negotiations in order to execute a formal
    agreement and/or close the transaction.
  6. Currency. All mentions of currency or the usage of the “$” icon shall be known as
    referring to the US Dollar.
  7. Governing Law. This Letter of Intent shall be governed under the laws by the State of
    _______.
  8. Counterparts and Electronic Means. This Letter of Intent may be executed in several
    counterparts, each of which will be deemed to be an original and all of which will
    together constitute the same instrument. Delivery to us of an executed copy of this Letter
    of Intent by electronic facsimile transmission or other means of electronic

communication capable of producing a printed copy will be deemed to be execution and
delivery to us of this Letter of Intent as of the date of successful transmission to us.

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