Investor Agreement
(“Agreement”) is made and entered into on [Date], by and between:
1. [Investor Name] (the “Investor”), residing at [Investor Address],
and
2. B22 PARK, INC (the “Company”), located at [Montgomery, AL].
Purpose
The Investor agrees to invest [$0.00] in the Company in exchange for the terms outlined in this Agreement, with the goal of achieving mutual growth and profitability for block party holdings, LLC.
Investment Details
• Investment Amount: [$0.00].
• Type of Investment: [Equity, Convertible Note, Loan, or Other].
• Equity Ownership: [% or #].
Rights of the Investor
• Voting Rights: [Voting rights at meetings].
• Information Rights: Access to financial statements, business plans, and other relevant documents.
• Board Representation: [Placement on the board].
Use of Funds
The Company agrees to use the investment solely for [construction, product development, marketing, operations and other other expenses deemed necessary to the project].
Dividends and Returns
• Dividends will be distributed [quarterly/annually] at the discretion of the board.
• The Investor’s share of profits or distributions will be proportional to their equity stake.
Exit Strategy
The Investor may exit their investment through:
a) Sale of shares to a third party.
b) Company buyback.
c) IPO or acquisition.
The Company may require the Investor to sell shares under certain circumstances (e.g., majority sale or acquisition).
Non-Disclosure and Confidentiality
The Investor agrees to keep all Company information confidential, except when disclosure is required by law or agreed upon by both parties.
Representations and Warranties
• By the Investor: The Investor has the legal capacity and funds to make this investment.
• By the Company: The Company is authorized to accept the investment and is in compliance with applicable laws.
Termination
This Agreement will terminate upon [the Company’s dissolution, mutual consent, or after the Investor has exited].
Governing Law
This Agreement will be governed by the laws of [State/Country].
Dispute Resolution
Any disputes arising under this Agreement will be resolved through:
• Mediation: First attempt resolution via mediation.
• Arbitration: If mediation fails, disputes will be arbitrated in [Location].
Miscellaneous
• Amendments: Changes to this Agreement must be made in writing and signed by both parties.
• Entire Agreement: This document constitutes the entire agreement between the parties.
Signatures