INVESTMENT AGREEMENT

mukiialice64
Agreements
May 9, 2023

INVESTMENT AGREEMENT

BETWEEN

________________________

      (“INVESTOR”)

AND

MUNKEY IMAGES LLC

(“COMPANY”)

____________________________________________________________________________­­­­­_________

THIS AGREEMENT is made on (DAY), the (DATE) day of (Month Year[MK1] ) (hereinafter “Effective Date”) by the Company and the Investor (collectively referred to as the “Parties” or individually as the “Party”) and includes that Party’s successors and assigns.

In consideration of covenants and agreements contained in this Agreement, and other good and valuable consideration, the receipt of which is hereby acknowledged, Parties agree to the following terms and conditions and to be bound thereby:

  1. Term: This Agreement shall be valid from the Effective Date until termination.
  • Investment
  • The Investor shall give the Company $($$$) in[MK2]  cash, within 30 days from the Effective Date, as the Investment herein which amount may be added by the Investor at their discretion. (What does this mean[MK3] ?) This Investment will be channeled by the Company to a Florida Crypto themed apparel LLC.
  • For the Investment, the Investor will get gains in cryptocurrency/crypto transferred to their current crypto wallet(s), which will be available on itrust, coinbase, or other platforms. Before the deposit is made, the Investor must confirm the wallet address; it is under Investor responsibility once sent.

Gains are only transferred on the 7th of the month; residuals gain, which are not guaranteed. Their account will grow.

  • The Company will provide the Investor with a tablet to access the Investment that will have their information on it and be held by the Company. The residuals of the cryptocurrency will pay for this tablet, it includes the tablet and case. It will belong to the Investor when you close the account.
  • The Investor agrees and understands that all investments come with risk. Cryptocurrency can lose all of its value. The Investor should invest what they can afford to lose. The Company does not insure any investments. All investments made are made at the risk of the Investor.
  • Withdrawal
  • This is an open contract, and the Investor can withdraw at any time to close their Investment at the current value of the portfolio. The Investor must, however give a written notice of[MK4]  (____) days to withdraw and close the account.
  • A transfer takes 7-10 business days.
  • All exchanges or wallets transfer/fees will be charged to the Investor.
  • The Investor can withdraw amounts from their portfolio as needed. There is a 10% charge to withdraw from their portfolio each time, and there’s an additional 30% if liquidated for 72 hours.
  • From the Investor’s initial Investment, the account will send the residual payment
  •  as long as the account permits it.
  • To keep the accounts, the website does not have the Investor’s cryptocurrency address for protection. (What does this mean[MK5] [MK6] ?)
  • The Investor is responsible for all fees associated with the withdrawal herein.
  • Crypto Wallets
  • The Company will have access to the Investor’s crypto wallets to make deposits.
  • The Company cannot withdraw from the Investor’s wallets without written permission.
  • The Company can create crypto wallets for the Investor.
  • The Company cannot change the passwords or information on the Investor’s wallets.
  • Monthly Residual (Royalty)

If it is done by the last day of the month, the ex-dividend date (What does this mean[MK7] ?)

The royalties are determined by 10% of Investment to the nearest hundred (rounding down) and will be paid out based on the Investment amount on (ex-dividend date) (What does this mean[MK8] ?)

  • The Investor will determine what amount to receive monthly based on their Investment. This amount is based on 10% of the amount invested as the markets permit.
  • The Investor can change the amount of the monthly residual goal by adding the 10 to 1 ratio by 100s.
  • Referrals
  • Referrals are to be notified at the beginning of the Contract. The referral will be added to the Investor account. The referral will add to their account after their initial Investment. If the Investment is $1500 or more, they will be eligible for $50. There are no limits as to how many referrals can be received. Referral credits will be added to the Investor’s portfolio after their referral has placed their Investment. The referral must state who they were referred by at signing. The referrals credit will be as follows:
  • $50 with a $500 investment
  • $100 with a $1000 investment
  • $250 with a $5000 investment
  • $500 with a $10000 investment
  • $1000 & $20 monthly residual with a $25000 investment

The $20 monthly residual will continue while the Investor and their referral are members. The Investor will receive a referral credit every time their referral adds and meets the investment amount. This amount cannot include referral credits.

  • Website: The Company will receive a username and password to their portfolio at Munkeycoins.com. The Company will have administrative rights to the website.
  • Non-assignment: Neither Party shall transfer or assign this Agreement without the other Party’s consent which consent shall not be unreasonably withheld or delayed.
  • Indemnification. A Party shall indemnify the other Party from and against all claim, loss, and damage caused by them in connection with this Agreement. If the claim, loss, or damage are caused jointly by the Parties, each Party shall bear the claims, loss, or damage in proportion to their degree of contribution to the claim, loss, or damage. (Does this mean that I am not responsible for any loss or damages[MK9] ?)
  1. Confidentiality: All non-public, confidential, or proprietary information of a Party (Disclosing Party), whether disclosed orally or disclosed or accessed in written, electronic or other form or media, and whether or not marked, designated or otherwise identified as “confidential” in connection with this Contract is confidential, solely for the use of performing this Contract and may not be disclosed or copied unless authorized in advance by the Disclosing Party in writing. Upon the Disclosing Party’s request, the other Party (Recipient Party) shall promptly return all documents and other confidential materials received from Disclosing Party. Disclosing Party shall be entitled to injunctive relief for any violation of this Section. This Section does not apply to information that is: (a) in the public domain; (b) known to Recipient Party at the time of disclosure, or (c) rightfully obtained by Recipient Party on a non-confidential basis from a third party. In addition, this Agreement is confidential and cannot be divulged to third parties by a Party, unless as provided by law, without the written consent of the other Party.  (What does this mean[MK10] ?)
  1. Further Assurances: Each Party hereto agrees to perform any further acts and to execute and deliver any further documents that may be reasonably necessary to carry out the provisions of this Agreement.
  1. Force Majeure: For this Agreement, “Force Majeure” means an event which a diligent party could not have reasonably avoided in the circumstances, which is beyond the control of a party and includes, but is not limited to, war, riots, civil disorder, earthquake, storm, flood or adverse weather conditions, strikes, lockouts or other industrial action, terrorist acts, confiscation or any other action by[MK11]  government agencies. A Party’s failure to fulfill its obligations due to Force Majeure shall not be considered a breach of this Agreement, provided that the Party has taken all reasonable precautions, due care, reasonable alternative measures, and minimal delay all to carry out the terms of this Agreement.
  1. Termination
  2. Either Party may terminate this Agreement, at any time upon giving the other Party no less than (3-day[MK12] ) notice in writing. If a Party wishes to terminate the Contract with less than this stated period, the other Party reserves the right to charge costs that they have already paid in advance or incurred.
  3. The termination of this Agreement shall not discharge the liabilities accumulated by either Party.
  4. Any Clauses intended by the Parties or this Agreement to survive the termination of this Agreement shall survive the termination of this Agreement by whatever cause.
  1. Dispute Resolution

Parties agree to settle disputes under this Agreement through (select one)

☐Negotiation                                 ☐Mediation                                   ☐Arbitration                              ☐Litigation.

  1. Court Costs and Attorneys’ Fees: In any action under this Agreement, the prevailing Party shall be entitled to recover costs of court and reasonable attorneys’ fees from the other Party, which fees shall be in addition to any other relief that may be awarded.
  1. Parties’ acknowledgments: The Parties acknowledge that they have been provided with the opportunity to negotiate this Agreement and to seek legal counsel before signing this Agreement. In addition, they acknowledge that they have the capacity to contract and enter into this Agreement and that further, they have entered into this Agreement freely and voluntarily.
  1. General provisions
  2. This Agreement may be amended only by the written consent of the Parties hereto.
  3. If any provision is held to be invalid or unenforceable, it shall not affect the validity or enforceability of any other provision.
  4. This Agreement constitutes the entire Agreement between the Parties. It supersedes all prior oral or written agreements or understandings between the Parties concerning the subject matter of this Agreement. The parties will exercise utmost good faith in this Agreement.
  5. Unless otherwise provided, failure by either Party to enforce any of the terms or conditions of this Agreement shall not be a waiver of their right to enforce the terms and conditions of this Agreement. No waiver by either Party of any breach of, or of compliance with, any condition or provision of this Agreement by the other Party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time.
  6. This Agreement may be executed in any number of counterparts, each of which shall be an original and all of which constitute the same instrument.
  7. The Article and Section headings in this Agreement are for convenience, and they form in no part of this Agreement and shall not affect its interpretation.
  8. Whenever used herein, the singular number shall include the plural, and the plural number shall include the singular.
  9.  Any references herein to the masculine gender or the masculine form of any noun, adjective, or possessive shall be construed to include the feminine or neuter gender and form, and vice versa.
  10. This Agreement shall be governed in all respects by the laws of[MK13]  (Do I Put Florida Here?) and its Courts without regard to its conflict of law provisions.
  11. Any notice required to be given between the Parties pursuant to the provisions of this Agreement shall be in writing and shall be deemed to have been given at the time when actually received as a consequence of any effective method of delivery at the following addresses (including email) or such changed address as the Party shall have specified by written notice, provided that any notice of change of address shall be effective only upon actual receipt.

Investor: _____________________________________________________________________________

Company: ___________________________________________________________________

IN WITNESS WHEREOF, each of the Parties has executed this Agreement, as set forth below.

Signed by the duly authorized representative of the COMPANY   Signature:                                                         Name:                                                              Designation:                                                     Date: Signed by the INVESTOR/ duly authorized representative of the INVESTOR   Signature:                                                         Name:                                                              Designation:                                                     Date:

 

 [MK1] [MK1]Please note that this part should read as follows e.g  “THIS AGREEMENT is made on the 1st day of January 2022, (hereinafter “Effective Date”) by…”

 

 [MK2]Please note that I am unable to understand what question you intended to ask here. This is where you will input the investment amount to be made e.g $5,000

 

 [MK3]Please note that this information came from your end from the notes you sent, I have just reworded some words to make it sound better. It means that the Investor can add the Investment amount at any time they want.

 

 [MK4]Please note that I am unable to understand what question you intended to ask here. Here you will input the number of days that the notice should be sent before withdrawal. It is always prudent to provide for notice periods so that the party who is receiving the notice can be prepared and is not simply ambushed. The Notice period is a matter of personal choice just like the termination notice period below.

 

 [MK5]Please note that this information came from your end from the notes you sent. I copy and pasted it word for word. Please check the notes the sent me.

 

 [MK6]

 

 [MK7]Please note that this information came from your end from the notes you sent. I copy and pasted it word for word. Please check the notes the sent me.

 

 [MK8]Please note that this information came from your end from the notes you sent. I copy and pasted it word for word. Please check the notes the sent me.

 

 [MK9]Please note that this DOES NOT mean that you are not responsible for any loss or damage. It means that every Party in this Agreement will be responsible for any loss or damage that they cause and where both Parties are to blame for the loss or damage, then they shall share responsibility for that loss or damage according to the part they played in that loss or damage.

Therefore, should MUNKEY IMAGES LLC cause damage or loss to the Investor, then MUNKEY IMAGES LLC will be responsible for that loss or damage. Also, if the Investor causes any damages or loss to MUNKEY IMAGES LLC, then the Investor shall be responsible for that loss or damage. In addition, if

MUNKEY IMAGES LLC and the Investor are both to blame for a loss or damage, then they shall share responsibility according to the part they played in that loss or damage.

 

 [MK10]Please note that this means that both Parties to this Agreement ie MUNKEY IMAGES LLC and the Investor agree to keep private and not to disclose, information shared between them that is confidential/secret  to either Party unless when required by law or when agreed to in writing by the Parties.

Confidential information in this Agreement refers to information that a person keeps private to protect their business e.g client list, trade secrets, business strategies etc. This information may be provided to another Party when conducting business, therefore, it becomes necessary to have a Confidentiality Clause such as this one so that the confidential information is still kept a secret between the Parties as they conduct business.

 

 [MK11]

 

 [MK12]Please note that I am unable to understand the question here. In this Part you should input the notice period, there is no period that is set on stone, it is all a matter of personal choice. If you feel that 3 days’ notice period is good for you, then it is okay.

 

 [MK13]Please note that here you input the place/state whose laws you want to be relied on when dealing with the Agreement. Most times, people chose the place where their business is registered since they are familiar with the laws there. If your business is registered in Florida, then yes, you can input Florida.

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