Investment Contract
This Investment Contract (“Contract”) is made and entered into on [date] (the “Effective Date”), by and between [Investor name and address] (the “Investor”), and [DNA NEW GENESIS] (the “Company”).
WHEREAS, the Company is the owner and operator of a virtual city platform (the “Platform”), which operates on a decentralized blockchain network that allows investors to invest in units of the virtual city and earn annual returns based on net income from those units; and
WHEREAS, the Investor desires to invest in the Platform, and the Company desires to accept such investment, subject to the terms and conditions set forth in this Contract.
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties hereto agree as follows:
- Investment Amount: The Investor shall invest the sum of [Investment amount] (the “Investment Amount”) in the Platform.
- Units: The Investment Amount shall be allocated to units of the virtual city platform (the “Units”) at a rate of [Rate] per Unit.
- Returns: The Investor shall be entitled to receive annual returns (the “Returns”) from the Units invested in by the Investor, based on the net income generated by those Units, as calculated and determined by the Company. The Returns shall be paid annually to the Investor, beginning in the first year following the date on which the Platform becomes operational.
- Term: The term of this Contract shall be [Term], unless terminated earlier as provided herein.
- Termination: The Investor may terminate this Contract upon written notice to the Company if the Company breaches any material provision of this Contract and fails to cure such breach within [Cure period] days after receipt of written notice thereof.
- No Redemption: The Investor acknowledges and agrees that the Investment Amount is a non-refundable investment, and the Investor shall have no right to redeem any Units or receive a return of the Investment Amount.
- Risk Disclosure: The Investor acknowledges that investing in the Platform involves risks and uncertainties, including the risk of losing some or all of the Investment Amount, and that the Investor has made an independent decision to invest in the Platform based on the Investor’s own judgment and analysis of the risks and benefits.
- No Control: The Investor acknowledges that the Investor has no control over the management, operation, or governance of the Platform, and that the Investor’s sole right with respect to the Platform is to receive the Returns as set forth in this Contract.
- Taxes: The Investor shall be responsible for any taxes or other governmental charges that may be imposed on the Investor with respect to the Investor’s investment in the Platform.
- Governing Law: This Contract shall be governed by and construed in accordance with the laws of [Governing law jurisdiction], without giving effect to principles of conflicts of law.
- Entire Agreement: This Contract constitutes the entire agreement between the parties hereto and supersedes all prior negotiations, understandings, and agreements between the parties hereto.
- Amendments: This Contract may be amended or modified only by written instrument executed by both parties hereto.
- Assignment: The Investor may not assign this Contract without the prior written consent of the Company.
- Counterparts: This Contract may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Contract as of the date first above written.
Investor
Company