CRYPTOCURRENCY WALLET MANAGEMENT AGREEMENT
This Agreement is entered into by and between ___________________________ of _________________ (hereinafter the ‘Manager’) and _______________________________ of ____________________________ (hereinafter the ‘Client’). Individually referred to as Party and collectively referred to as ‘Parties’). Both Parties agree as follows:
- WALLET
The Wallet is or will be registered in the name of the Client as the Client confirms to the Manager in the wallet documentation executed by the Client, or confirms in writing to the Manager from time to time. The Manager will manage the Client’s wallet with knowledge and expertise.
- COMPENSATION
As good and valuable consideration for the service provided by the Manager, the Manager shall reimburse the Client, 10% of the Client’s earnings per month.
- TERM AND TERMINATION
The term of this Agreement shall become effective on _____________________. This Agreement may be terminated by the Manager if the Client does not fully understand or is not willing to continue with the Manager’s managing prices. The Client may terminate at will by serving 30 day notice to the Manager.
- CONFIDENTIALITY
The Manager shall treat all information provided to it by the Client regarding the Client and the Wallet as confidential, and will not disclose such information to third parties unless the Client has provided written permission to the Manager to do so, or unless the Manager is, by law, required or permitted to do so. Notwithstanding this section , the Manager may disclose such information to employees or agents of the Manager that need to know such information, provided that the Manager shall ensure that such employees or agents are subject to the same standard of confidentiality imposed on the Manager. The Client shall keep confidential any information that it receives from the Manager regarding the Manager’s investment strategies and trading practices, except as approved in writing by the Manager, or required by law.
- NON-EXCLUSIVITY
The services provided by the Manager to the Client are not exclusive. Nothing in this Agreement shall in any way restrict the right of the Manager to provide investment management or other services for any other person or entity or to act for its own account, and the provision of such services for others or for its own account shall not violate or give rise to any duty or obligation to the Client.
- STANDARD OF CARE
The Manager shall, in carrying out its obligations under this Agreement, act honestly, in good faith and in the best interests of the Client and in connection therewith shall exercise the degree of care, diligence and skill that a reasonably prudent cryptocurrency manager would exercise in similar circumstances. Notwithstanding the foregoing, the Client understands and agrees that the Manager does not represent and cannot guarantee performance results for the Wallet.
The Client understands that there are risks attached to the Manager’s investment of the Account in securities, including various market, currency, economic, political and business risks. The Manager will not be liable to the Client for any loss that the Client may suffer as a result of the Manager’s good faith decisions or actions where the Manager exercises the care, diligence and skill expected of a reasonably prudent Cryptocurrency manager.
- INDEMNITY
The Client will hold harmless and indemnify the Manager, its directors, officers, employees and agents against any and all claims, losses, damages, liabilities and expenses which the Manager may incur if and to the extent that such loss is caused by the Client’s or the Client’s designees’ own actions or omissions or by any inaccuracy or breach by the Client of any of the Client’s representations, warranties or covenants hereunder or in the documentation associated with the Account, as the same may be updated from time to time.
- ASSIGNMENT AND AMENDMENT
No assignment of this Agreement or any part thereof shall be made by either party without the written consent of the other party.
The parties may at any time, and from time to time, amend this Agreement. Any amendment, unless specifically provided for to the contrary herein, shall only be effective if made in writing and signed by the Manager and the Client.
- ENTIRE AGREEMENT
This Agreement, sets forth the entire understanding of the parties and is intended to be the complete and exclusive statement of the terms thereof. This Agreement supersedes and cancels any and all prior agreements between the parties, whether written or oral, relating to the management of the Wallet. If, at any time subsequent to the date hereof, any provision of this Agreement is held by any court of competent jurisdiction to be illegal, void or unenforceable, such provision shall be of no force and effect, but the illegality or unenforceability of such provision shall have no effect upon, and shall not impair, the enforceability of any other provision of this agreement. Notwithstanding anything in this agreement or any amendment hereof to the contrary, no provision of this Agreement shall be construed so as to violate the requirements of applicable law.
- ENUREMENT
This Agreement shall enure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
- GOVERNING LAW
This Agreement is a contract made under and shall be governed by and construed in accordance with the laws of the State of California. Each party irrevocably submits to the exclusive jurisdiction of the courts of competent jurisdiction in the State of California in respect of any action or proceeding relating in any way to this Agreement. A final judgment in any such action or proceeding may be enforced in other jurisdictions by suit on the judgment or in any other manner specified by law and shall not be re-litigated on the merits.
IN WITNESS WHEREOF, the Parties execute this Agreement as follows:
Client Name: _______________________
Signature: _________________________
Date: _____________________________
Manager Name: _______________________
Signature: _________________________
Date: _____________________________
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