INVESTMENT CONTRACT
Business Owner: _________________________
Company: __________________________
Phone No: ________________________
Email: _________________________
Address: _________________________
Investor name: _______________________
Phone No: _________________________
Email: __________________________
Address: _________________________
RECITALS:
Whereas, THE Business Owner is the owner of the Business and manages the
Investment of the Investor;
Whereas, The Investor is willing to invest with the Company;
NOW THEREFORE, the Parties intend to be legally bound as follows:
1. INVESTMENT
The Investor will invest 70k (60k cash and 10k business credit) in the business of Ace
International Ventures LLC in the following instalments: 30 k in the first month of the
business and 30 k in the business the next month. Money will be allocated 1 month of
payroll.
2. MANAGEMENT AND CONTROL
The Investor shall maintain the books, records and other documents required by the
Law. Additionally, the Business Owner agrees to use best efforts to cause the
Investment to make profits and to keep the Investor’s investments safe and secure.
3. CONSIDERATION
In consideration of the Investment management and security offered by the Business
Owner, the Investor Manager will be reimbursed as follows: 25% of the entire business
of Ace International Ventures LLC. The Investor will get 25% of the Business profits
quarterly.
4. TERM AND TERMINATION
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The term of the investment period shall commence on ________________ and
continue effectively for the existence period of the business.
5. CONFIDENTIALITY
5.1 Protection of Confidential Information
The parties may provide each other with confidential information and trade secrets,
including without limitation, information on their respective organization, business,
finances, personnel, services, systems, pricing, structure, proprietary products and
processes, transactions and/or business relations (collectively, the "Information"). The
term "Information" shall not include (i) information generally available to the public
through no fault of the other Party, (ii) information which the other Party already had
knowledge of, or (iii) information which has become part of the public domain through
no fault of the other Party. Each Party agrees to retain in confidence at all times and to
require its employees, consultants, professional representatives and agents to retain in
confidence all information disclosed by the other Party. Each Party shall only use the
other’s information solely for the purpose of performing obligations under this
Agreement, and only disclose the Confidential Information on a need-to-know basis.
Each party shall take all necessary precautions in handling the Confidential Information
of the other party and limit disclosures on a strict need-to-know basis. Further, the
receiving Party may disclose information to the extent ordered to be disclosed by
subpoena, other legal process or requirement of law, after first giving the disclosing
Party a reasonable opportunity to contest such disclosure requirement.
5.2 Injunctive Relief
Each Party acknowledges and agrees that any use or disclosure of Confidential
Information by the Party in a manner inconsistent with the provisions of this Agreement
may cause another Party harm which will not be compensable by monetary damages
alone and, accordingly, such other Party will, in addition to other available legal or
equitable remedies, be entitled to seen an immediate injunction restraining the
disclosing Party from committing or continuing to commit a breach. A Party may avail
itself of injunctive relief in addition and without prejudice to any other remedies available
to it.
6. RELATIONSHIP BETWEEN THE PARTIES
The Investor is a joint venture with the Business Owner. The Investor does not have any
express or implied power to enter any contracts or commitments or to incur liabilities in
the name of, or on behalf of the Business Owner, or to bind the Business Owner in any
respect whatsoever.
7. FORCE MAJEURE
If either party to this Agreement is rendered unable, wholly or in part, by reason of a
Force Majeure Event to perform obligations under this Agreement, then such obligations
SHALL be suspended to the extent affected by the Force Majeure Event.
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8. DISPUTE RESOLUTION
The Parties will attempt to resolve any dispute arising out of or relating to this
Agreement through negotiation. If the matter is not resolved by negotiation, the parties
will resolve to mediation. If mediation does not successfully resolve the dispute, the
parties may seek to resolve the matter through adjudication.
9. ENTIRETY
This Agreement represents the entire Agreement between the parties and supersedes
any previous written or oral agreement. This Agreement is binding on all parties and it
may be modified at any time, provided there is written consent from both parties.
10. SEVERABILITY
The parties agree that if any portion of this Contract is found to be void or
unenforceable, it shall be struck from the record, and the remaining provisions will retain
the full force and effect.
11. APPLICABLE LAW
This Agreement shall be construed and enforced under the state laws of Texas.
Venue for any action under this Agreement shall lie in any court of competent
jurisdiction in Texas.
IN WITNESS WHEREOF, this Agreement is duly executed by the parties or their duly
authorized representatives as set forth below:
Name: ____________________________
Signature: _______________________
Date: ___________________________
Name: _______________________
Signature: _______________________
Date: _____________________________
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