Investment Agreement
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THIS INVESTMENT AGREEMENT (this “Agreement”) dated this _______ day of _________, 2016 BETWEEN:
__________________________________ (the “Investor”)
AND
UNIQUE FLAVORS TEA, LLC (the “Corporation”)
IN CONSIDERATION OF the Investor investing certain monies (the “Investment”) to the Company, and the Company paying a RETURN ON INVESTMENT (ROI) to the Investor, both parties agree to keep, perform and fulfill the promises and conditions set out in this Agreement:
Return on Investment (ROI)
Definition : [ROI = Principle Investment plus agreed upon interest rate]
1. The Investor promises to make an investment of $_________________USD into the Company and the Company promises to pay the Investor 'the investment' plus a Return on that investment (ROI), payable at the rate of ______ % (simple interest) per annum (calculated yearly based on the original principle investment).
Payment
2. This investment will mature on the __________ day of _____________, 20_______. Definition: {mature = date that the ROI is to be paid to the investor}
Default
3. Notwithstanding anything to the contrary in this Agreement, if the Company defaults in the performance of any obligation under this Agreement or dissolves, then the Investor may declare the principal amount owing and the interest due under this Agreement at that time to be immediately due and payable.
Governing Law
4. This Agreement will be constructed in accordance with and governed by the laws of the State of Georgia.
Cost
5. All cost, expenses and expenditures including, without limitation, the complete legal costs incurred by enforcing this agreement as a result of any default by the Company, will be the responsibility of each party. The Company and the investor must take care of their own expenditures.
Binding Effect
6. This Agreement will pass to the benefit of and be binding upon the respective heirs, executors, administrators, successors and permitted assigns of the Company and the Investor. The Company maintains presentment for payment, notice of non-payment, protest and notice of protest.
Amendments
7. This Agreement may only be amended or modified by a written instrument executed by both the Company and the Investor.
Sever-ability
8. The clauses and paragraphs contained in this Agreement are intended to be read and construed independently of each other. If any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, it is the parties' intent that such provision be reduced in scope by the court only to the extent deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions of this Agreement will in no way be affected, impaired or invalidated as a result.
General Provisions
9. Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vise versa. Words in the masculine mean and include the feminine and vise versa.
Entire Agreement
10. This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral oral otherwise.
Holding Company (Escrow)
11. Both parties agree that a third party {MXB and Associates here in after called the 'escrow holding company”} will maintain the investment in an escrow account and issue funds to the Company as needed documenting all payouts. Payouts utilized by the Company can be viewed quarterly by all parties via a reporting system constructed and managed by the escrow holding company.
(2) Investment Agreement
IN WITNESS WHEREOF, the parties have duly affixed their signatures under hand and seal on this ___________day of _______________, 20_______.