SERVICE AGREEMENT
Introduction
After several exploratory discussions, this agreement between Rimar Capital (RC) and Brian Wolf (BW) formalizes the relevant points agreed. Effective date 12/1/2020.
Key points:
BW under the LLC of Alpha Capital X, LLC will enter trades directly into one of RC trading account’s
Trading systems and strategies created by BW is the property of BW and BW is not obligated to share such systems and strategies
RC will market the strategy for its existing clientele and future client’s
RC will do road shows and will take care of operations and compliance.
RC will amend the mandate for the strategy and will open a fund for the strategy in the jurisdiction’s that will be suitable.
RC will also assist BW if BW believes it’s necessary with Machine learning and Deep Learning.
The Intellectual Property will not be used without BW written approval.
There is no non-compete. BW can work wherever/whenever.
15% of profits made by Clients managed by RC will be split 50% RC 50% BW. The cost basis will depend on the structure and will be transparent at all times to both parties the fee will need to be paid in 30 calendar days from receiving them.
Travel, if needed, will be cost to company
This contract can be terminated in 120 days by each side
At Legal writing experts, we would be happy to assist in preparing any legal document you need. We are international lawyers and attorneys with significant experience in legal drafting, Commercial-Corporate practice and consulting. In the last few years, we have successfully undertaken similar assignments for clients from different jurisdictions. If given this opportunity, we will be able to prepare the legal document within the shortest time possible.