INVESTOR CONTRACT
This Contract is made by and between RAW INVESTING LLC of address [ADDRESS] (hereafter, “Company”) and [NAME OF INVESTOR] of address [ADDRESS] (hereafter, “Investor”) on [DATE] (hereafter “effective date”).
Whereas, the Company deals in the business of acquiring ongoing businesses;
Now, therefore, in consideration of the premises, and of the mutual promises and undertakings herein contained, the parties, intending to be legally bound, do agree as follows:
- THE AGREEMENT
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- The Company agrees to sell the investor 35% of the Company for a price of $180,000 (One hundred and eighty thousand dollars).
- The Investor agrees to make an initial investment of $ 100,000 (One hundred thousand dollars) (herein “the Investment”) by wire transfer.
- The Investment will be wired in intervals over a period of 2 months.
- A sum of $50,000 (fifty thousand dollars) shall be deposited via wire transfer on or before the 2nd day of April,
A sum of $30,000 (thirty thousand dollars) in cash shall be given to the company on or before 2nd April and,
A sum of $20,000 (twenty thousand dollars) shall be deposited via wire transfer on or before the 7th day of May.
- The Investor will receive a monthly direct deposit of 20% of the total profits after all taxes have been catered for.
- The Company shall apply 12% of monthly net profit to the investor’s existing $80, 000 (Eighty thousand dollars), owed to Raw Investing LLC.
- After every 6 months, the amount paid in from the 12% net profit that is counted to the $80,000 (Eighty thousand dollars) owed to the Company will be reevaluated and the percentage paid to the investor shall update accordingly.
- TERM
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- This contract shall remain in effect until the investor sells their stake to the Company.
- This agreement shall remain in effect from the effective date until otherwise terminated either by the lapse of time as specified in section 2.1 or through breach which will automatically lead to early termination of the contract.
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- RELATIONSHIP
For the purposes of this agreement, the investor herein shall be a limited partner.
- DISPUTES
The parties to this contract agree that, should any dispute arising through any aspect of this relationship, including, but not limited to, any matters, disputes or claims, the parties shall confer in good faith to promptly resolve any dispute. In the event that the parties are unable to resolve the issue or dispute between them, then the matter shall be mediated in an attempt to resolve any and all issues between the parties.
- TERMINATION
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- Either Party to this Agreement may terminate this Agreement upon a written notice of termination to the other Party. Unless otherwise mutually agreed to in writing, upon the termination of this Agreement, any arrangement then in effect will immediately terminate.
- Any misuse of funds, fraud or any violation of either the law or the rules set shall lead to an immediate termination upon notice to the party responsible for the violation.
- The breach of any part of this contract will lead to termination of this contract.
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- ENTIRETY
This contract, in addition to any addendum herein represents the entire agreement between the two parties and supersedes any previous written or oral agreement. This agreement may be modified at any time, provided there is written consent of both parties to this contract.
- 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 their full force and effect.
- JURISDICTION
This contract shall be governed, interpreted, and construed in accordance with the laws of ALABAMA
In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of the parties as set forth below:
___________________________________ ___________________________
Investor’s Signature Date
___________________________________ ___________________________
Company Official Signature Date
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