EXIST WHITE PAPER TOUCHSTONE DOCUMENT 1.2 EXIST CRYPTO INC. EXIST CRYPTO (AVEC) PEER TO PEER AND TECHNOLOGY SERVICES AGREEMENT - Final
EXIST WHITE PAPER TOUCHSTONE DOCUMENT 1.2
EXIST CRYPTO INC.
EXIST CRYPTO (AVEC) PEER TO PEER
AND TECHNOLOGY SERVICES AGREEMENT
This Agreement is between Print Name: * (“You”) and/or between the entity that you represent: * (“Entity”) residing at/or with a principal place of business located at Address: * (“The Member” or “Owner”) and Exist Crypto, Inc., a Delaware Corporation, (hereinafter referred to as the “Company”). Member and Company are herein referred to individually as a “Party” and collectively, as the “Parties.”
This EXIST CRYPTO Inc., Peer to Peer, and Technology Services Agreement (this “Agreement”) contains the terms and conditions that govern the creation and use of the EXIST CRYPTO Alternate Virtual Equity Credit Tokens and the EXIST CRYPTO AVEC Token Distribution Contract.” EXIST CRYPTO, Alternate Virtual Equity Credits, or “EXIST AVEC” are defined as; an encrypted digital set of tokens (token species) that are applied to and represent a percentage of the owner's wholly-owned equity.
The Exist Crypto AVEC Token valuation is based on the Commercial Efficiency Valuation Association - Equity Proof of Stake Protocol hereinafter (CE-POS) upon equity verification, the equity is digitally represented by Exist Crypto, Alternate Virtual Equity Credits and recorded on the Deed of Trust to Run with the Land until redeemed by the original owner/buyer/member of the Exist Token Purchase and Equity Conversion Agreement.
Exist Crypto, AVEC are recorded by original owner/owners, or owner/owners qualified assignee, as an owner's self-imposed lien against the verified amount of owner's property value and wholly-owned equity as defined in the owner’s original Exist Token Purchase and Equity Conversion Agreement.
The Exist Crypto, AVEC (The Tokens) are recorded with the restricted rights of transfer associated with the owner's equity and may not be broken or infringed. The right of transfer is granted to transferee upon transferee's Purchase, Acknowledgement and Acceptance of this transaction “GRANT”
"Unconditional Waiver and Release of all lien rights to the Property associated with any Exist Crypto Token Purchase. Member acknowledges that the consideration offered in any transaction is Peer to Peer, over the counter and bilateral in nature whether by Purchase, Trade, Swap, Spot or any Exchange associated with this Transfer and is/are considered as Final Payment and are binding upon all parties and will not be reversed or refunded."
The lien is indentured and recorded on the Real Property Title Bundle by/in or through an owner’s desire, execution, and recording of a qualified Deed of Trust. The Deed of Trust is recorded at the proper public or municipal venue and may be acquired and viewed by purchasing a Property Title search at the request of the offeror.
By signing this Agreement, Member acknowledges that it is Member’s intent and purpose under this Agreement to “Exist to Build,” with a desire to be governed by this document in all future peer to peer token purchasing activity that will take place under CE-POS Register of Account in their own individual membership portals accessible at www.existcrypto.com. By signing this agreement, Member agrees to the requirements, terms, conditions, and disclosures associated with this Agreement and to use the Tokens purchased in a given peer to peer transaction, called Exist Crypto Alternate Virtual Equity Credits, to consume, occupy or develop their land or property in a way that Member sees fit.
Member acknowledges and understands that the Commercial Efficiency Valuation Association hereinafter “CEVA” or Commercial Efficiency Valuation Association Equity - Proof of Stake (“CE-POS”) shall operate as an unincorporated de-centralized oversight committee for CEVA Equity Proof of Stake and act as a self-governing organization created by and through the election of individuals or representatives from the Exist Family of Entities. CEVA may use various and multiple self- certified processes designed to establish CEVA Equity Proof of Stake Protocols for the valuation of owner equity for Member in any equity conversion process contemplated under the terms of this Agreement.
NOW, THEREFORE, in consideration of the mutual representations, warranties, and agreements contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Company and Member agree as follows:
IMPORTANT INFORMATION: PLEASE READ THIS AGREEMENT CAREFULLY AND IN ITS ENTIRETY.
LEGAL ADVICE DISCLAIMER:
EXIST CRYPTO INC. STATES THAT IF YOU DO NOT UNDERSTAND THE REPRESENTATIONS ASSOCIATED WITH ANY EXIST CRYPTO AVEC TOKEN PURCHASE AGREEMENT AND THE PERSONAL OR EXTENDED RISKS ASSOCIATED WITH THIS TRANSACTION, OR IF YOU DO NOT UNDERSTAND COMMERCIAL EFFICIENCY VALUATION ASSOCIATION AND/OR ITS ROLE AS A DECENTRALIZED UNINCORPORATED SELF-GOVERNING ORGANIZATION (SGO) AND/OR ITS ELECTED BODY OF REPRESENTATIVES FROM THE EXIST FAMILY OF ENTITIES FOR REPRESENTATIVE SELF GOVERNING OVERSIGHT, THEN YOU SHOULD GET OUTSIDE 3RD PARTY LEGAL ADVICE BEFORE YOU CONVERT YOUR EQUITY IN ANY GIVEN REAL PROPERTY BY PURCHASING THE EXIST CRYPTO TOKEN PURCHASE AND EQUITY (AVEC) CONVERSION SERVICES.
THE VALUE OF THE ORIGINAL TOKENS ASSOCIATED WITH OWNERS REDEMPTION OF SAID PROPERTY AND THE RELEASE OF ANY EXIST CRYPTO ENCUMBRANCES FOR THE ORIGINAL OWNER SHALL BE DETERMINED UPON AND RE-EVALUATED UPON THE SAME CE-POS PROTOCOLS AT THAT TIME IN THE CURRENT MARKET AS THEY WERE UPON THE DATE OF THE ORIGINAL OWNERS EQUITY CONVERSION DATE OF THE OWNERS REDEMPTION OF SAID PROPERTY IF THOSE THIRD-PARTY PROTOCOL SERVICES CONTINUE TO EXIST AT THAT TIME. IF THOSE THIRD-PARTY PROTOCOL SERVICES DO NOT EXIST OR HAVE CHANGED THEIR SERVICE FOOTPRINT AT TIME OF A GIVEN PURCHASE, THEN A QUALIFIED PROPERTY APPRAISAL BY A LICENSED APPRAISER WILL BE REQUIRED.
I. TERMS OF PEER TO PEER EXCHANGE
Member acknowledges, understands, and agrees to the following:
AS PERTAINING TO MATTERS OF EXISTCRYPTO INC., EXISTCRYPTO.COM, AND THE DEVELOPMENT OF THE SOFTWARE AND EXIST CRYPTO INC. TECHNOLOGIES PLATFORMS:
1.1 Exist Crypto Inc. is the “Sole Source Procurement” for technology developers and contract technology development service providers” for its parent company, and is developing through a combination of affiliate technologies, contractors, subcontractors, and associate partners, the www.existcrypto.com software and technologies platform (the “www.existcrypto.com Technologies platform”) as further described in the www.existcrypto.com Technical White Paper ( as it may be amended from time to time), (the “White Paper”);
1.2 At the White Paper development stage, Exist Crypto Inc. will award the necessary contracts for the development of the associated Exist Crypto Inc. Technology Platforms to its qualified technology contractor. Upon its testing and the completion of the www.existcrypto.com software and technologies platform, its release will take place under an open-source software license;
1.3 Any launch and implementation of an Exist Crypto Inc. Technology Platform may occur by third parties licensed by the declarant;
1.4 Third parties launching any Exist Crypto Inc. software and technologies platform may delete, modify or supplement that Exist Crypto Inc. software and technology platform prior to, during, or after launching the Exist Crypto Inc. software and technology platform;
1.5 Third parties “MAY NOT” change and are RESTRICTED as individuals or entities from modifying or changing any code whatsoever that applies to the CEVA or CE-POS PROTOCOLS as they may be modified from time to time by qualified selection by the parent company or the elected individuals that represent the body of the Exist Family of Entities through CEVA;
1.6 Company will have no control over when, how or whether or not an Exist Crypto Inc. software and technologies platform is adopted or implemented by a third party, or how, when, where or whether or not the Exist Crypto Inc. software and technologies platform may be launched;
1.7. PURCHASE OF TOKENS AND TECHNOLOGY SERVICES IS/ARE NON-REFUNDABLE AND CANNOT BE CANCELLED.
1.8. “MEMBER MAY LOSE ALL VALUE FROM EQUITY.”
1.9 EQUITY CONVERTED TO EXIST CRYPTO, “ALTERNATE VIRTUAL EQUITY CREDITS,” IS/ARE INDENTURED UPON THE TITLE BUNDLE BY DEED OF TRUST AS A LIEN WITH RESTRICTED EQUITY TRANSFER RIGHTS, ALONG WITH THE COVENANTS, CONDITIONS AND RESTRICTIONS THAT APPLY TO THIS EXIST CRYPTO AVEC TOKEN AGREEMENT. THIS AGREEMENT AND THE MEMBER/OWNERS EXIST CRYPTO AVEC ARE MADE A PART OF AND ARE THE SUBJECT OF THIS AGREEMENT.
1.10 EQUITY CONVERTED TO EXIST CRYPTO, “ALTERNATE VIRTUAL EQUITY CREDITS,” OR EXIST “ONUS” EXIST CRYPTOCURRENCY IS/ARE INDENTURED UPON THE OWNER'S TITLE BUNDLE AS A VOLUNTARY SELF-IMPOSED SPECIFIC LIEN, AND ARE RECORDED ON THE TITLE OF OWNERS REAL PROPERTY BY OWNERS SELF-IMPOSED AND RECORDED DEED OF TRUST. THE REAL PROPERTY OWNERS RECORDED LIEN INCLUDES BUT IS NOT LIMITED TO; THE REAL PROPERTY OWNERS RIGHTS OF CONSUMPTION, OCCUPANCY, ENJOYMENT, AND DEVELOPMENT INCLUDING THE RIGHT TO DISPOSE OF THEIR WHOLLY OWNED EQUITY IN THE REAL PROPERTY AND ALSO DEFINES THE RIGHTS OF TRANSFER THAT MAY BE GRANTED UPON OR AT THE TIME OF THE SALE OR EXCHANGE OF THEIR EQUITY POSITION IN THE REAL PROPERTY.
1.11 IN ORDER FOR A COVENANT TO RUN WITH THE LAND, THERE MUST BE AN INTENT BY ALL PARTIES TO THE COVENANT THAT IT DO SO. BY ACCEPTING THIS AGREEMENT, ALL PARTIES TO THIS AGREEMENT MAKE KNOWN THEIR INTENT THAT THE COVENANTS, CONDITIONS, AND RESTRICTIONS ASSOCIATED WITH THIS AGREEMENT ARE TO RUN WITH THE LAND.
1.12 THE ORIGINAL OWNER/PURCHASER OF EXIST CRYPTO AVEC MAY UPON THEIR SOLE NEED TO DISPOSE OF, SALE OR EXCHANGE, THEIR OWN REAL PROPERTY UNDER THEIR OWN CONTROL AND RIGHT OF DISPOSAL-- PURCHASE THE VALUE OF THE DISTRIBUTED OUTSTANDING EXIST CRYPTO AVEC TIED TO THEIR PROPERTY FOR CASH. THE CASH VALUE IS SET SUBJECT TO THE SAME AND YET CURRENT APPLICATION OF CE-POS 3RD PARTY EQUITY PROOF OF STAKE MEASUREMENT AND VERIFICATION PROTOCOL THAT WAS USED WHEN THE DIGITAL REPRESENTATION OF THE TITLE BUNDLE WAS CREATED.
1.13 BY SIGNING THIS AGREEMENT USERS OF EXIST CRYPTO AVEC ACCEPT AND AGREE TO THE TERMS AND CONDITIONS THAT DECLARANT IS OWNER, DEVELOPER, AND CUSTODIAN OF EXIST CRYPTO INC. EXIST CRYPTO INC. IS THE DECLARANT OF EXIST FAMILY OF ENTITIES REGISTER OF ACCOUNT. EXIST CRYPTO INC. IS CUSTODIAN OF THE EXIST WEALTH ARCHITECT REGISTER OF ACCOUNT. THE REGISTER PROVIDES EACH MEMBER CONTROL OVER THE POINT OF SALE OF THEIR OWN ECONOMIC VIRTUAL CREATIONS. INCLUDING THEIR RIGHTS OF PRIVACY, USE, CONTROL, ENJOYMENT, DISPOSAL, TRANSFER, GAINS, LOSSES, AND THE REDIRECTION OF VALUE ASSETS AS THEY SEE FIT.
1.14 DECLARANT MAINTAINS CUSTODY OF ALL COMMUNITY PROPERTY, WHICH IS DEFINED AS EXIST CRYPTO ONUS, WITHIN THE EXIST CRYPTO INC. REGISTER OF ACCOUNT, UNTIL SUCH DATE AND TIME THAT A SELF-GOVERNING OWNERS ASSOCIATION, QUALIFIES AS CEVA APPROVED SELF-GOVERNING ORGANIZATION, AND MEETS THE ELECTION REQUIREMENTS WITHIN SAID ORGANIZATIONS GOVERNING DOCUMENTS.
1.15 AS PERTAINING TO FUNDS REGISTERED BY EXIST CRYPTO INC., FROM THE SALE OR PURCHASE OF REAL PROPERTY BY A MEMBER OR 3RD PARTY FOR THE PURPOSE OF INTENT TO CLEAR TITLE FROM ENCUMBRANCES OF EXIST CRYPTO AVEC. WHEN PARTICIPATING OWNERS ACT TO EXECUTE THEIR OWNER RIGHTS, TO DEACTIVATE OR SUSPEND ANY OF THE TOKENS CREATED UPON THE OWNER'S ORIGINAL DESIRE AND ORDER TO PURCHASE SAID TOKENS, AND THE OWNER WISHES TO REDEEM ANY OF THE OWNERS EQUITY FROM THE HOLDERS OF OUTSTANDING TOKENS, THE OWNER MAY PURCHASE THE TOKEN VALUE OF THEIR EQUITY DIRECTLY FROM EXIST CRYPTO INC.
1.16 EXIST CRYPTO INC. RESERVES THE RIGHT TO CLEAR TITLE FROM ENCUMBRANCES OF OUTSTANDING HOLDINGS OF EXIST CRYPTO ALTERNATE VIRTUAL EQUITY CREDITS FOR AND IN BEHALF OF THE ORIGINAL OWNER WHO CREATED THE TOKENS WHO ARE MEMBERS OF THE EXIST FAMILY OF ENTITIES.
1.17 MEMBER PURCHASERS OF EXIST CRYPTO AVEC (OR THE TOKENS) GRANT AMONG OTHER RIGHTS IN THIS AGREEMENT TO EXIST HOLDINGS INC. AND EXIST CRYPTO INC. THE SPECIFIC RIGHT, TO REDEEM TOKEN VALUE FOR CASH OR OTHER MEANS OF VALUE FOR MEMBERS WHO HAVE SOLD THEIR PROPERTY TO A 3RD PARTY, TO SOMEONE THAT IS NOT A MEMBER OF THE EXIST FAMILY OF ENTITIES AND WANTS TO CLEAR THE TOKEN ACCOUNT IN ORDER TO CLEAR TITLE. ALL PROPERTIES ARE TO BE VALUED BASED ON CEVA EQUITY PROOF OF STAKE THIRD-PARTY MEASUREMENT AND VERIFICATION PROTOCOL.
1.18 THE OWNER MAY BY CASH PURCHASE, SALE OR REFINANCE, PURCHASE THE TOKEN VALUE OF THE OUTSTANDING EXIST CRYPTO AVEC DIRECTLY FROM EXIST CRYPTO INC. ALL EXCHANGES ARE SUBJECT TO 3RD PARTY CE-POS EQUITY PROOF OF STAKE MEASUREMENT AND VERIFICATION PROTOCOLS. THIS OWNER’S RIGHT MAY BE EXECUTED FOR THE PURPOSE OF CLEARING THE TITLE OF ALL ECONOMIC ENCUMBRANCES THAT MAY BE ASSOCIATED WITH EXIST CRYPTO AVEC.
1.18 (a) THIS AS FAR AS THE EXIST CRYPTO AVEC TOKENS USE ARE CONCERNED WOULD SUSPEND ANY ACCOUNT CREATION, ACTIVATION OR CONTINUED USE AND WOULD MAINTAIN A TEMPORARY SUSPENSION OF THE TOKENS USE AS FAR AS OWNERS HAVE THE RIGHT TO PURCHASE TOKEN VALUE. FURTHERMORE SAID ACTION WOULD ORDER A CEASE AND DESIST ON ALL DIGITAL USE OR REPRESENTATION OF OWNERS REAL ESTATE AND EQUITY AS EXIST CRYPTO AVEC.
1.19 ALL FUNDS RECEIVED BY EXIST CRYPTO INC. UNDER THIS FORM OF SALE OR EXCHANGE OR ANY SIMILAR TRANSACTION ARE UNDER THE RIGHTS OF AND ALLOCATED BY THE DECLARANT.
1.19(a) THIS IS MANDATED UNTIL AN ASSOCIATIONS DEVELOPMENT IS LAWFULLY ESTABLISHED AND MEETS ITS PROOF OF STAKE BY ACHIEVING PRE-DETERMINED ASSOCIATION LANDMARKS AND SHOWS ABILITY TO MAINTAIN A FOR-PROFIT SELF- GOVERNING ORGANIZATION. UNTIL CEVA LANDMARKS ARE MET BY ANY GROWING ORGANIZATIONS WITHIN THE EXIST FAMILY OF ENTITIES FRAMEWORK AND THE MEMBERS OF SAID ORGANIZATION HAVE MET THE REQUIREMENTS TO RUN AN HOA AND A FOR-PROFIT SELF GOVERNING ORGANIZATION, THE DECLARANT, INTENDS THAT THE USE OF FUNDS ARE APPLIED TO THE ESTABLISHMENT OF THE EXIST FAMILY OF ENTITIES AND THEIR DEVELOPMENT. FUNDS ARE TO BE USED TO ADMINISTER, ORGANIZE, DEVELOP, MOBILIZE AND SPECIFICALLY RUN, OPERATE, KEEP ACCOUNT, DISCOVER, PURCHASE AND MANAGE CE- POS EQUITY PROOF OF STAKE QUALIFIED AND APPROVED REAL ESTATE TRANSACTIONS.
1.20. EXIST CRYPTO AVEC TOKENS MAY BE REDEEMED FROM ENCUMBRANCE BY THE REAL PROPERTY OWNER AT THE REAL PROPERTY OWNER’S SOLE DISCRETION THROUGH PAYMENT IN US DOLLARS OR UPON THE SALE OR REFINANCE OF THAT REAL PROPERTY THAT THE EXIST CRYPTO AVEC OR EXIST ONUS TOKENS ARE TIED TO BY THE EXIST CRYPTO ENCUMBRANCES.
1.21 ALL FUNDS ASSOCIATED WITH ANY SETTLEMENT UPON THE SALE OR EXCHANGE OF ORIGINAL OWNERS REAL PROPERTY TO A THIRD PARTY FOR CASH SHALL BE DISTRIBUTED TO THE RESPECTIVE BENEFICIARIES BY A QUALIFIED THIRD-PARTY ESCROW SERVICE PROVIDER. EXIST HOLDINGS INC. AND EXIST CRYPTO INC. ARE CUSTODIAN OF ALL ECONOMIC VALUES ASSOCIATED WITH HOLDERS OF OUTSTANDING EXIST CRYPTO AVEC UPON ANY SALE OR EXCHANGE OF ANY PROPERTY ASSOCIATED WITH THE EXIST FAMILY OF ENTITIES.
ALL HOLDERS OF ANY TOKENS OF OUTSTANDING EXIST CRYPTO AVEC ASSOCIATED WITH ANY PROPERTY THAT IS SOLD BY AN OWNER MEMBER IN THE EXIST FAMILY OF ENTITIES, THEIR EXIST CRYPTO AVEC TOKENS WILL BE CONVERTED FROM EXIST CRYPTO AVEC AND REDISTRIBUTED TO HOLDER ONCE AT PAR VALUE IN THE FORM OF EXIST CRYPTO ONUS OR CASH AND IF IN ONUS, THEN IT WILL BE DISTRIBUTED INTO THE HOLDERS OWN EXIST CRYPTO ONUS ACCOUNT.
1.22 THE USE OF ANY FUNDS FROM THE SALE OF SAID PROPERTY SHALL BE ALLOCATED AS SHOWN BELOW:
1.22(a) DECLARANT IS EXIST HOLDINGS INC. DECLARANT IS CUSTODIAN OF ALL EXIST CRYPTO INC. RECORDS INCLUDING THE RIGHTS OF USE AND CONTROL OF THE DIGITAL ASSETS CALLED EXIST CRYPTO AVEC. AND EXIST CRYPTO ONUS.
1.22(b) ALL EXIST CRYPTO AVEC TOKEN HOLDERS WHO ARE HOLDING TOKENS TIED TO A PROPERTY THAT WAS SOLD, THOSE HOLDERS ACCEPT AND ACKNOWLEDGE THEY WILL UPON THE SALE OF SAID PROPERTY AND RECEIPT AND VERIFICATION OF AVAILABLE FUNDS FROM SALE OF SAID PROPERTY HAVE THEIR ASSOCIATED TOKENS CONVERTED FROM EXIST CRYPTO AVEC TO EXIST CRYPTO ONUS. (THE EXIST CRYPTO AVEC IS BEING SUSPENDED BY THE ORIGINAL OWNER) AND ALL CASH FUNDS WILL BE CONTROLLED BY EXIST HOLDINGS INC AS CUSTODIAN.
1.22 (c) THE CASH FROM THE SALE OR EXCHANGE OF THE SOLD PROPERTY WILL BE AND ARE UNDER THE SOLE CONTROL OF EXIST HOLDINGS INC FOR REINVESTMENT PURPOSES. AS FUNDS ARE VERIFIED EXIST HOLDINGS WILL USE THE FUNDS WITHIN THE EXIST FAMILY OF ENTITIES TO CONSUME, OCCUPY AND DEVELOP THE EXIST HOLDINGS EQUITY BASE WITHIN THE EXIST FAMILY OF ENTITIES. THIS IS DONE BY EXERCISING ITS RIGHT OF PLACEMENT OF USE OF FUNDS INTO ANY OF THE EXIST ENTITIES AND DOING IT IN GOOD FAITH AS EXIST HOLDINGS SEES FIT. THESE HOLDINGS FROM THIS ACCOUNT BECOME THE BASE OF THE COMMUNITY PROPERTY FOR THE WORLDWIDE HOMEOWNERS ASSOCIATION AND THE BASE OF EQUITY BEHIND EXIST CRYPTO ONUS.
1.22(d) THE REGISTER OF THIS ACCOUNT IS MAINTAINED ON THE EXIST CRYPTO INC. PLATFORM. INCLUDING A REGISTER OF ALL POINT OF SALE EQUITY BACKED TRANSACTIONS, PEER TO PEER TRANSFERS, ASSET TRANSFERS, LIABILITIES TRACKER, CONTRACT, ORDER, INVOICE, RECEIPTS, CLAIMS, TRADES, SWAPS, OR ANY OTHER EXCHANGE RIGHTS FOR ANY EXIST CRYPTO DIGITAL ASSETS THAT MAY BE ASSOCIATED WITH THE ORIGINAL OWNERS PROPERTY.
1.23 ORIGINAL OWNERS’ EQUITY CONVERTED TO EXIST CRYPTO AVEC, THAT IS DISTRIBUTED BY THE OWNER AND TRADED, SWAPPED OR PURCHASED IN ANY WAY BY MEMBERS OTHER THAN THE PRIMARY REAL PROPERTY OWNER, MAY BE REDEEMED AT CURRENT TOKEN MARKET VALUE, IF AND WHEN ONE EXISTS WITHIN THE EXIST FAMILY OF ENTITIES. (TOKENS ARE RESTRICTED TO EXCHANGE WITHIN THE GATES OF THE EXIST FAMILY OF ENTITIES FOR COMPLETION OF DEVELOPMENT AND LIEN RELEASE UPON NEW PURCHASE SALE OR REFINANCE.
1.24 ALL GAINS AND LOSSES ARE WHOLLY AND COMPLETELY THE RESPONSIBILITY OF THE SELLER AND MEMBER. EXIST HAS NO PERSUASION OR AUTHORITY WHATSOEVER IN ANY PEER TO PEER, TRADE, SWAP, EXCHANGE, OR REDEMPTION THAT OCCURS BETWEEN PRIVATE PARTIES WITHIN OR WITHOUT ANY OF OUR EXIST FAMILY OF ENTITIES AND MAY NOT BE HELD ACCOUNTABLE FOR SUCH TRANSACTIONS.
1.25 THE EXIST CRYPTO AVEC TOKEN MARKET AND ITS VALUATION SHALL BE BASED UPON THE DEVELOPING CEVA EQUITY PROOF OF STAKE (CE-POS) AND QUALIFIED INDEPENDENT REAL ESTATE MARKET VALUATIONS AS A BASELINE. ALL EXIST CRYPTO AVEC TOKEN VALUATIONS ARE SUBSEQUENTLY CALCULATED, BY CE-POS, BASED ON THE CURRENT OWNERS 3RD PARTY VERIFIED WHOLLY OWNED EQUITY IN REAL PROPERTY.
1.26 THE CE-POS EQUITY PROOF OF STAKE MEASUREMENT AND VERIFICATION PROTOCOL IS A METHOD TO ESTABLISH A REAL PROPERTY VALUE MARKER THAT INCLUDES RECORDING THE DATE, TIME, LOCATION AND THE 3RD PARTY VERIFIED CURRENT MARKET VALUE FOR THE PROPERTY AS A SERVICE TO THE OWNER OF THAT REAL PROPERTY.
1.27 THE CE-POS MEASUREMENT AND VALUATION PROTOCOLS IDENTIFY AND DESIGNATE THE OWNERS EQUITY THAT IS AVAILABLE TO THE OWNER AND IMPOSES AN INDENTURE ON THAT EQUITY TO RUN WITH THE LAND UNTIL REDEEMED BY OWNER. AT THE REQUEST AND ORDER OF THE REAL PROPERTY OWNER, THE OWNERS EQUITY IS THEN CONVERTED INTO A TOKENIZED DIGITAL REPRESENTATION CALLED, EXIST CRYPTO ALTERNATE VIRTUAL EQUITY CREDITS. THE EXIST CRYPTO ARE CREATED THAT THEY MAY REFLECT THE 3RD PARTY VERIFIED VALUE AS A MARKED PERCENTAGE OF THE OWNERS EQUITY THAT THE EXIST CRYPTO AVEC OR THE TOKENS REPRESENT. THE TOKENS REPRESENT A CE-POS THIRD-PARTY VERIFIED VALUE AS A ECONOMIC BASELINE. THIS ALLOWS FOR A QUALIFIED THIRD-PARTY VERIFIED, OWNER EQUITY BACKED TOKEN WITH A “CEVA EQUITY STANDARD OF VALUE”, SECURED BY DEED OF TRUST.
1.28 THE TOKEN VALUE IS BASED ON THE THIRD PARTY VERIFIED CURRENT MARKET VALUE OF THE OWNERS WHOLLY OWNED EQUITY POSITION IN THE REAL PROPERTY AND THEN IS APPLIED TO THE PERCENTAGE OF THE OWNERS REMAINING AVAILABLE OWNERS PRINCIPLE EQUITY IN THE REAL PROPERTY INCLUDING, FUTURE LOSES AND GAINS IN REAL ESTATE MARKET VALUE. A TOKEN WILL ENCUMBER TITLE BUNDLE UNTIL REDEEMED BY TOKEN OWNER AT TOKEN MARKET VALUE. (TOKEN MARKET VALUE AT REDEMPTION MAY REFLECT A DIFFERENT MARKET VALUE THAN THAT OF THE EQUITY AT TIME OF INITIAL CONVERSION AND SHOULD BE RECOGNIZED AS RISK). (TOKEN MARKET VALUES MAY DIFFER AND BECOME IMBALANCED DUE, TO THE INCREASE IN USES BETWEEN TRADES, SOME OF ITS EMERGING USES INCLUDING PROVIDING A TRUE AND ACCURATE RECORD OF ALL TRANSACTIONS WHEN YOU CONSUME, OCCUPY OR DEVELOP THE LAND).
1.29 “IN ORDER FOR A COVENANT TO RUN WITH THE LAND, THERE MUST BE AN INTENT AGREED TO BY ALL PARTIES TO THE COVENANT THAT IT DO SO.” BY ACCEPTING THIS AGREEMENT, ALL PARTIES TO THIS AGREEMENT ACKNOWLEDGE, ACCEPT AND MAKE KNOWN TO ALL CURRENT PARTIES INCLUDING ALL OTHER SUBSEQUENT PARTICIPANTS, THAT THE PARTIES DESIRE AND AGREE UPON INTENT, AND THAT THE “TERMS AND CONDITIONS OF USE” INCLUDING THE EXIST CRYPTO INC. COVENANTS, CONDITIONS, AND RESTRICTIONS FOUND AT www.existcrypto.com, THAT ARE ASSOCIATED WITH THIS AGREEMENT, CONSTITUTE THE OWNER’S PURCHASE OF TECHNOLOGY SERVICES FOR A SELF IMPOSED LIEN AND CONVERSION OF OWNER’S EQUITY INTO EXIST CRYPTO ALTERNATE VIRTUAL EQUITY CREDITS. THE AVEC TOKENS USED BY PURCHASER, MEMBER OR TRANSFEREE UNDER THIS CONTRACT ARE TO RUN WITH THE LAND UNTIL REDEEMED BY THE ORIGINAL REAL PROPERTY OWNER. UNDER THE TERMS OUTLINED IN THE CC&RS.
1.30 EXIST CRYPTO AVEC TOKENS MAY BE REDEEMED FROM ENCUMBRANCE OF EXIST CRYPTO INC. BY THE ORIGINAL REAL PROPERTY OWNER/MEMBER AT THEIR SOLE DISCRETION. REDEMPTION MAY OCCUR UPON THE REPURCHASE OR SALE OF THE REAL PROPERTY BY OWNER AT MARKET VALUE. ALL FUNDS THAT ARE ACQUIRED BY EXIST CRYPTO INC. WILL BE USED TO BUILD THE EXIST FAMILY OF ENTITIES AS REFERENCED ABOVE.
1.31 ORIGINAL OWNERS’ EQUITY CONVERTED TO EXIST CRYPTO AVEC, THAT IS DISTRIBUTED BY THE OWNER AND TRADED, SWAPPED OR PURCHASED IN ANY WAY BY MEMBERS OTHER THAN THE PRIMARY REAL PROPERTY OWNER, MAY BE REDEEMED AT CURRENT TOKEN MARKET VALUE, IF AND WHEN ONE EXISTS.
1.32 ALL GAINS AND LOSSES ARE WHOLLY AND COMPLETELY THE RESPONSIBILITY OF THE MEMBER. EXIST HAS NO PERSUASION OR AUTHORITY WHATSOEVER IN THE PEER TO PEER, TRADE, SWAP, EXCHANGE, OR REDEMPTION THAT OCCURS BETWEEN PRIVATE PARTIES AND MAY NOT BE HELD ACCOUNTABLE FOR SUCH TRANSACTIONS.
1.33 THE EXIST CRYPTO AVEC TOKEN MARKET AND ITS VALUATION SHALL BE BASED UPON CEVA EQUITY PROOF OF STAKE (CE-POS) AND QUALIFIED INDEPENDENT REAL ESTATE MARKET VALUATION AS A BASELINE. ALL EXIST CRYPTO AVEC TOKEN VALUATIONS ARE CALCULATED AT THE TIME OF ORIGINAL CONVERSION, BY CE-POS, BASED ON THE THEN-CURRENT OWNERS VERIFIED REAL AND WHOLLY-OWNED EQUITY IN REAL PROPERTY.
1.34 THE CE-POS INDEPENDENT VALUATION IS A MARKET VALUE MARKER, RECORDING THE DATE, TIME, AND CURRENT MARKET VALUE FOR THE OWNER OF REAL PROPERTY AND THEIR DESIRE TO CONVERT EQUITY INTO EXIST CRYPTO AVEC BY QUALIFIED INDEPENDENT SOURCES.
1.35 THE CE-POS MEASUREMENT AND VALUATION PROCESS IDENTIFIES AND DESIGNATES THE EQUITY AVAILABLE TO RUN WITH THE LAND ON TITLE AT THE REQUEST AND ORDER OF THE REAL PROPERTY OWNER AND CONVERTED TO DIGITALLY REFLECT THE PERCENTAGE OF THE EQUITY THAT REPRESENTS THE TOKENS AS A BASELINE FOR A QUALIFIED TOKEN VALUE OF EQUITY SECURED BY DEED OF TRUST. THE TOKEN VALUE IS BASED ON THE CURRENT MARKET VALUE OF THE OWNERS WHOLLY OWNED PROPERTY ALONG WITH THE OWNERS UNENCUMBERED EQUITY POSITION IN THE REAL PROPERTY. THE CE-POS PROCESS DISTRIBUTION IS APPLIED TO THE PERCENTAGE OF THE OWNER’S REMAINING AVAILABLE PRINCIPLE EQUITY IN THE REAL PROPERTY INCLUDING, FUTURE LOSES AND GAINS IN REAL ESTATE MARKET VALUE. A TOKEN WILL ENCUMBER TITLE BUNDLE UNTIL REDEEMED BY CREATOR AT TOKEN MARKET VALUE. (TOKEN MARKET VALUE AT REDEMPTION MAY REFLECT A DIFFERENT MARKET VALUE THAN THAT OF THE EQUITY AT TIME OF INITIAL CONVERSION AND SHOULD BE RECOGNIZED AS RISK).
1.36 COMMERCIAL EFFICIENCY VALUATION ASSOCIATION (CEVA) IS AN ELECTED SELF- GOVERNING ORGANIZATION. CEVA AND ITS BODY OF ELECTED PERSONS OR ENTITIES FUNCTION AS OVERSIGHT & COMPLIANCE FOR THE TRANSACTIONS ASSOCIATED WITH THE TRANSFER AND REDEMPTION OF EXIST CRYPTO ENCUMBERED PROPERTY. VALUE OF A GIVEN PROPERTY MAY FLUCTUATE DEPENDING ON VARIOUS CIRCUMSTANCES, WHICH MAY CONSTITUTE RISK ASSOCIATED WITH THIS TRANSACTION. BY ACCEPTING THIS AGREEMENT MEMBER AGREES TO ALLOW CEVA TO OVERSEE TRANSACTIONS ASSOCIATED WITH THE TRANSFER AND REDEMPTION OF ANY EXIST CRYPTO AVEC TOKENS PURCHASED BY MEMBER UNDER THIS AGREEMENT, AS WELL AS ANY RISK ASSOCIATED WITH CEVA’S ROLE DESCRIBED HEREIN AND ACCEPTS FULL RESPONSIBILITY FOR THEIR OWN DECISION IN REGARD TO THIS PURCHASE AND THEIR USE OF SAID TOKENS.
NOTWITHSTANDING THE AFOREMENTIONED, MEMBER ACKNOWLEDGES AND ACCEPTS FULL RESPONSIBILITY FOR THEIR OWN DECISION IN REGARD TO ALL FUTURE PEER TO PEER PURCHASES.
THIS AGREEMENT CONSTITUTES AND REPRESENTS RISK. IT POINTS TO THE TOUCHSTONE OF YOUR ABSOLUTE RESPONSIBILITY IN HOLDING, CONTROLLING, NEGOTIATING, AND TRADING YOUR OWN EQUITY AND ANY ASSOCIATED RISKS THAT MAY EXIST IN AN UNDETERMINED AND EMERGING MARKET. (MEMBER BEWARE)
1.37 THE OBLIGATIONS UNDER THIS AGREEMENT WILL BIND AND INURE TO THE BENEFIT OF SUCCESSORS, HEIRS, AND ASSIGNS.
1.38 THE EXIST CRYPTO AVEC TOKENS ARE/IS INDENTURED UPON REAL PROPERTY WITH THIS AGREEMENT BY TRUST DEED.
1.39 NOTICE! DISCLOSURE ON RIGHTS OF TOKEN HOLDER:
EXIST CRYPTO AVEC TOKENS POSSESS NO RIGHTS OF INFRINGEMENT OR INTERRUPTION UPON THE ORIGINAL PROPERTY OWNERS’ RIGHT OF POSSESSION, RIGHT OF CONTROL, RIGHT OF EXCLUSION, RIGHT OF ENJOYMENT, RIGHT OF DISPOSITION, RIGHT OF PROFIT AND LOSS, RIGHT TO USE OR CONSUME THE ITEM PURCHASED TO OCCUPY OR DEVELOP THE LAND. THE ONLY RIGHTS CONVEYED TO A TOKEN HOLDER ARE THE RIGHTS TO TRANSFER, SELL OR TRADE OWNERSHIP OF THE TOKEN HOLDER’S INDIVIDUAL TOKEN(S) AND THE RIGHT TO INCUR PROFIT OR LOSS OF THE VALUE OF SAID TOKEN HELD. NO ADDITIONAL RIGHTS, INCLUDING DISPOSITION OR VOTING RIGHTS, ARE CONVEYED BY A REAL PROPERTY OWNER TO A TOKEN HOLDER
THE EXIST CRYPTO AVEC TOKENS ARE AN INDEPENDENTLY MARKED VALUE DIGITAL REPRESENTATION OF EQUITY AND RECORDED ON THE TITLE BUNDLE AS SUCH. THE VALUE OF THE TOKEN IS IN ITS LIMITATION OF DISTRIBUTION AND IN THE PROPER RECORDING ON THE REAL PROPERTY TITLE. THE TOKEN IS REPRESENTED IN ITS BASIC CE-POS VALUATION AS BEING TIED ONLY TO THE REAL PROPERTY EQUITY, BASED ON A PERCENT STRUCTURE AND IS DISTRIBUTED IN ITS LIMITED CAPACITY. NO DUPLICATE TOKENS WILL BE DISTRIBUTED ONCE A PERCENT OF EQUITY HAS BEEN CONVERTED. THE TOKENS ARE SERIAL SET AND REGISTERED ON THE TRUST DEED ASSOCIATED WITH THIS AGREEMENT.
1.40 THERE IS NO CLAIM FROM EXIST CRYPTO INC., OR ITS PARENT COMPANY, THAT EXIST CRYPTO TOKENS DO OR DO NOT HAVE VALUE.
1.41. THERE IS NO KNOWN SECONDARY MARKET FOR EXIST CRYPTO ALTERNATE VIRTUAL EQUITY CREDITS.
1.42. UNTIL AN AGREEMENT IS FULLY APPROVED OR UPON ANY TIME EXIST CRYPTO, INC. DISCOVERS ANY FALSE INFORMATION, EXIST CRYPTO INC. RESERVES THE RIGHT TO REFUSE OR CANCEL TOKEN PURCHASE AND SERVICE AGREEMENT REQUESTS, AT ANY TIME, IN OR UPON ITS SOLE DISCRETION.
1.43. PLEASE READ THE REPRESENTATIONS AND WARRANTIES SET FORTH IN SECTION SIX CAREFULLY AND IN THEIR ENTIRETY.
1.44. THIS AGREEMENT INCLUDES PRE-DISPUTE RESOLUTION IN SECTION 10 AND REQUIRES ARBITRATION IN SECTION 10.2.
1.45 This Agreement shall be executed in the presence of no less than two (2) witnesses.
1.46 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors and permitted assigns. The Company may not assign this Agreement or any rights or obligations hereunder without the prior written consent of each Member (other than by merger). Any Member may assign any or all of its rights under this Agreement to any person to whom such Member assigns or transfers any Exist Crypto AVEC, provided that such transferee agrees in writing to be bound to the transferred Exist Crypto Token and by the provisions of the Transactions and Documents that apply to the Member.
II. ACCEPTANCE OF AGREEMENT AND ACKNOWLEDGMENT OF PEER TO PEER TERMS ON PURCHASE AND EXCHANGE
2.1. Terms of Peer to Peer Token Purchase and Exchange. The terms associated with peer to peer Token purchase and exchange are as follows:
2.1.1 Transaction Fees on Present and Future Transfer of Exist Crypto Inc., CEVA Tokens under CE-POS, which is CEVA Equity Proof of Stake Services. In addition to payment terms outlined in Section 2.1, an additional Transaction or Transfer fee of up to One Percent (1%) of the value of the CEVA Token being traded will be withheld from Member’s Token equity and held by Exist Crypto, Inc. upon transfer and exchange of the Tokens contemplated under this Agreement between Seller and Member. This amount is withheld on the valuation of each given Exist Crypto CEVA Token in order to fund Exist tracking technology services and independent CEVA/ CEPOS services. This additional fee of up to One (1%) Percent value is assessed on a Pay Per Transaction Fee Basis to be held by a third-party company, and from time to time distributed in portion by contract to a third-party organization in order to establish and maintain the Commercial Efficiency Valuation Association or CEVA/ CEPOS services tied to Exist Crypto AVEC Tokens. Exist Crypto Inc., which shall provide custody of records and digital equity tracking technology services, information, and support services as a qualified intermediary to CEVA, which in turn will provide: (i) qualified administration and oversight for the development of the Commercial Efficiency Valuation Associations Measurement and Valuation Protocols; (ii) Qualified Intermediary CE-POS CEVA Equity Proof of Stake transfer ledger services; (iii) Exist Crypto AVEC Token owner transfer and disposal rights; and (iv) any other services supporting proper recording and authentication of Exist Crypto AVEC Tokens on the chain of title of the subject Real Property.
2.1.2 Nature of Exist Crypto, AVEC the Token. Exist Crypto AVEC are Restricted by the owner and may only be exchanged using Exist Crypto Inc. and CE-POS Protocols within the commercial framework of the qualified members of the Exist Family of Entities. EXIST Crypto AVEC is a one hundred (100%) percent CEVA /CE-POS (CEVA Equity Proof of Stake) ERC-20 Token, which means no mining is involved. By making it 100% CE-POS, with Measurement and Verification Protocol, manipulation may be avoided. The Exist Wealth Architect ECO Register 1.2 stakes Cryptoequity Tokens or fractions of a Token, based upon the Token age of the Tokens in the Exist Wealth Architect ECO Register 1.2. The original Token age for Exist Crypto AVEC is/are designated at the Time and Date of an original Property Owner/ Member’s Equity Conversion into Exist Crypto AVEC and Token distribution. Each serial set of Exist Crypto AVEC Tokens that are created under this Agreement, are a serial set marked upon original equity conversion and then distributed. The batch Serial Number is held by Exist Crypto Inc. for custody of records, origin, post value, and measurement and verification purposes including acting as an information resource for CE-POS Review and development of CEVA Measurement and Verification Protocols.
2.1.3. Token Value at the time of Transfer. Token Value at the time of Transfer. The Tokens, in the form of Exist Crypto AVEC, shall be conveyed to Member upon Seller’s receipt of payment from Member. Upon receipt of payment in the value determined by the parties, Seller shall concurrently transfer to the Member the Exist Crypto AVEC ERC20 Tokens based on a CE-POS “CEVA Equity Proof of Stake” Qualified Valuation. Token Value of One Exist Token for basis shall be tied to a percentage of the then present equitable value of the given Real Property to which the Token is attached, at the time of transfer between the parties under this Agreement.
2.1.4 Calculation of CE-POS Fees at the Time of Transfer. The third-party CE-POS Token Valuation Protocol is restricted to only verify a digital equity percentage of the original Owner third-party verified wholly-owned and controlled equitable value in the owner’s given Real Property at the date of conversion. CEVA CE-POS Token exchange transfer and transaction protocol fees are based on the valuation posted on the original Exist Crypto Token Purchase and Equity (AVEC) Conversion Agreement CE-POS transaction receipt. The receipt is retained for custody and reference from the time of conversion.
2.1.5 Peer to Peer Valuation. Peer to Peer exchanges that occur between parties is determined by those parties doing the exchange. Exist Crypto Inc. has no say whatsoever in the exchange or negotiation of a member Peer to Peer transaction.
2.1.6 Insufficient Value on Peer to Peer Exchange. Exist Crypto Inc. will not fulfill Exist Crypto Inc. Technology Services on Peer to Peer exchanges involving Exist Crypto AVEC or any other Exist Crypto Supported Digital Asset when the exchange is subject to deficits or insufficient funds in the associated accounts where a certain representation of value in the form of funds or equity is necessary, in order for both parties to have maintained to fulfill the Seller request order for CE-POS Receipt Protocol in any transaction. 2.2 White Paper. The white paper and other materials concerning the creation of Exist Crypto AVEC and the sale of said Tokens will be made available upon its completion at www.existcrypto.com, which may be amended from time to time (the “Exist Crypto Whitepaper”) is/are hereby incorporated by reference.
2.2 White Paper. The white paper and other materials concerning the creation of Exist Crypto AVEC and the sale of said Tokens may be available upon completion at www.existcrypto.com; which may be amended from time to time and which is incorporated by reference herein.
2.3 Real Property. The Member certifies that: (i) the Real Property made the subject of this Agreement is fully described in this Agreement under Exhibit A attached hereto; (ii) any unencumbered equity position in the subject Real Property described herein shall be free and clear of encumbrances at the time of conversion.
III. RESPONSIBILITY ON SALE AND PURCHASE OF TOKENS
3. Responsibilities and Roles of parties in a Peer to Peer Token Transfer.
3.1 Party Obligations. A given seller shall: (i) provide the Member with Proof of Ownership of the Tokens as a condition precedent to any sale of Exist Crypto AVEC Tokens by a given seller to Member. Member shall provide and verify an accurate Ethereum ERC20 Token compatible digital Wallet address to a given seller before any Exist Crypto AVEC Tokens may be distributed to Member from a given seller through the Exist Crypto CEVA Equity Proof of Stake Protocol.
3.2 Sources and Uses of Funds.
3.2.1 Use of Funds. Member shall not use the Tokens to finance, engage in, or otherwise support any unlawful activities.
3.2.2 Anti-Money Laundering; Counter-Terrorism Financing. To the extent required by applicable law, Member shall comply with all anti-money laundering and counter-terrorism financing requirements.
3.3 Present and Future Transfers and Exchange.
3.3.1 Transfer and Exchange Autonomy. The parties agree that once Member has acquired Exist Crypto AVEC, and the Member has paid a given seller the agreed-upon value outlined in Section 2 above, then Member may retain, transfer, trade, exchange or sell any amount of its virtual Exist Crypto AVEC Tokens.
3.3.2 Transfer Restrictions. Member agrees that outside third parties to this Agreement have placed, and again may place more limitations on the transferability or exchange of Tokens through the CEVA Equity - Proof of Stake Protocol.
3.3.3 Future Transfer Fee Disclosure - Member agrees that all future transfer and exchange of Exist Crypto AVEC tokens in their possession may be subject to additional pay per transfer service fees to a third party on a per exchange or per transfer basis, not to exceed One Percent (1 %) of the original value determined upon the original date of conversion of the Exist Crypto AVEC token at the time of exchange. This transaction fee will be paid in part to third parties as consideration for exchange and digital Cryptoequity tracking of Token use as it pertains to the chain of title with Exist CE-POS Protocol and technology services pertaining to the Exist family of entities commercial framework as described in this Agreement.
3.3.4 Rights of Token Holder. The Member acknowledges its limitations on any Real Property rights as is described above. Member does not have any rights of infringement upon a given real property owner’s right of possession, right of control, right of privacy, right of exclusion, right of enjoyment, right of disposition, right of profit and loss, right to use or consume the real property or the right to occupy and/or develop the real property. The only rights the Member has in the Exist Crypto AVEC Token is the right to transfer their Exist Crypto AVEC Token and/or the right to redeem those Tokens upon any redemption event initiated by the real property owner.
3.3.5 Redemption Event. A redemption event of any given real property tied to Member’s Exist Crypto AVEC Tokens shall include the repurchase, sale or refinance of that given real property tied to Member’s Exist Crypto AVEC Tokens. IT IS THE RESPONSIBILITY OF THE MEMBER TO MONITOR THEIR EMAIL AND/OR EXIST WEALTH ARCHITECT ECO REGISTER 1.2 ACCOUNT FOR NOTIFICATION OF ANY REDEMPTION EVENT OF REAL PROPERTY TIED TO THEIR EXIST CRYPTO AVEC TOKENS AND TO ACT IN CONFORMITY WITHIN THE REQUISITE TIME FRAME TO PROVIDE NOTICE TO THE REAL PROPERTY OWNER OF MEMBERS INTENT TO REDEEM AT THE TIME OF THE REDEMPTION EVENT. (ADDED FEES MAY APPLY FOR TOKEN REDEMPTION AT ANY REDEMPTION EVENT)
3.3.6 Notice to Real Property Owner. Member agrees that receipt of electronic notice in the form of an email or other supported electronic notification shall be sufficient notice of a redemption event. Member shall notify the real property owner of their intention to redeem Member’s Exist Crypto AVEC Tokens associated with the redemption event no later than seven (7) days prior to the closing date to Exist Crypto Inc. In the event that Member has not provided notice under these terms, then Member’s Tokens value will be transferred to a new property upon the funds being used to purchase a new property for its development within the Exist Family of Entities under the terms and conditions associated with this Agreement.
IV. NO OTHER RIGHTS CREATED
4.1 No Claim, Loan, or Ownership Interest. The purchase of Tokens:(i) shall not provide Member with rights of any form with respect to any third party company that is not a party to the terms and conditions of this Agreement, or any of its revenues or assets, including, but not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights; (ii) shall not be; and (iii) shall not provide Member with any ownership or other interest in any third party company.
4.2 Intellectual Property. All right, title and interest in all of Exist Family of companies’ intellectual property, including, without limitation, inventions, ideas, concepts, code, discoveries, processes, marks, methods, software, compositions, formulae, techniques, information and data, whether or not patentable, copyrightable or protectable in trademark, and any trademarks, copyright or patents based thereon shall be retained by the Declarant for the benefit of Declarant and the Exist family of Entities. Member shall not use any of that company’s intellectual property for any reason without securing Exist Crypto Inc, and/or any other associated company’s prior written consent.
V. SECURITY AND DATA; TAXES AND FEES
5.1 Security and Data Privacy.
5.1.1 Member’s Responsibility for their Own Security. Member shall implement reasonable and appropriate measures designed to secure access to: (i) any device associated with Member and utilized in connection with Member’s purchase of Tokens; (ii) private keys to Member’s Exist Wealth Architect ECO Register 1.2 account; and (iii) any other username, passwords or other login or identifying credentials. In the event that Member is no longer in possession of Member’s private keys or any device associated with Member’s account or is not able to provide Member’s login or identifying credentials, Member acknowledges and understands that it may lose Tokens associated with the account and/or access to its account. In such an event, Company shall be under no obligation to recover any lost Tokens and Member acknowledges, understands, and agrees that all purchases of Tokens are non-refundable and Member shall not receive money or other compensation for any Tokens purchased.
5.2 Additional Information. Upon request, Member shall immediately provide to any governmental and/or regulatory authority information and documents that said governmental and/or regulatory authority, in its sole discretion, deems necessary or appropriate to comply with any laws, regulations, rules, or agreements, including without limitation judicial process. This section also applies to any request for information from Exist Crypto, Inc. In the event that any given governmental and/or regulatory authority seeks information on Member’s Cryptoequity or Cryptocurrency holdings from Exist Crypto, Inc., Member hereby consents to Exist Crypto, Inc. or its family of entities disclosing such information and documents in order to comply with applicable laws, regulations, rules or agreements. Exist Crypto, Inc. may, in its sole discretion, refuse to distribute Tokens to Member until such requested information is provided.
5.3 Taxes. Member shall be solely responsible for compliance with “any” tax obligations arising from the purchase, exchange, trade, swap, sale or receipt of Exist Crypto Alternate Virtual Equity Credits Tokens. Neither Seller nor Exist Crypto, Inc. shall bear any liability or responsibility with respect to any tax obligation of Member in respect of the purchase and receipt of any virtual Exist Crypto Alternate Virtual Equity Credits (The Tokens). Member acknowledges that Member is in sole possession of their Exist Crypto AVEC Tokens upon receipt, and the onus of liability and any benefit or any of the use of Exist Crypto AVEC Tokens rests wholly upon the Member.
VI. REPRESENTATIONS AND WARRANTIES
6. Member Representations and Warranties. Member acknowledges, represents, and warrants to Exist that as of the Effective Date of this Agreement:
6.1 Authority. Member has all requisite power and authority to execute and deliver this Agreement, and to carry out and perform his/her desire and obligations under this Agreement. (i) If an individual, Member is at least 18 years old and of sufficient legal age and capacity to purchase Tokens. (ii) If a legal person, Member is duly organized, validly existing, and in good standing under the laws of its domiciliary jurisdiction and each jurisdiction where it conducts business, they may Purchase Exist Crypto AVEC Tokens under the Terms and Conditions of Use stated in the associated documents and/or found at www.existcrypto.com.
6.2 No Conflict. The execution, delivery, and performance of this Agreement will not result in any violation of, be in conflict with, or constitute a material default under, with or without the passage of time or the giving of notice: (i) any provision of Member’s organizational documents, if applicable; (ii) any provision of any judgment, decree or order to which Member is a party, by which it is bound, or to which any of its material assets are subject; (iii) any material agreement, obligation, duty or commitment to which Member is a party or by which it is bound; or (iv) any laws, regulations or rules applicable to Member.
6.3 No Consents or Approvals. The execution and delivery of, and performance under, this Agreement requires no approval or other action from any governmental authority or person other than a Qualified Member.
6.4 No Public Market. Member understands that this Agreement is an Exist touchstone document that discloses the nature of peer to peer token purchase and exchange environment only and is not considered an investment. Additionally, no public market now exists for the Tokens, and that Exist has made no assurances that a public market will ever exist for the Tokens. Member understands that the Tokens may be notated with one or all of the following legends: “THE TOKENS REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 AND HAVE BEEN ACQUIRED AS PART OF A SERVICE AND NOT FOR AN OUTRIGHT INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH TRANSFER MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.” Any legend required by the securities laws of any state to the extent such laws are applicable to the Tokens represented by the certificate, instrument, or book-entry so stated by legend, if necessary.
6.5 Foreign Investors. If Member is not a United States person (as defined by Section 7701(a)(30) of the Code, a “Non-U.S. Person”), Member hereby represents that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with an invitation to subscribe for the Tokens or any use of this Agreement, including (i) the legal requirements within its jurisdiction for the purchase of the Tokens, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the Tokens. Member’s purchase of the Tokens will not violate any applicable securities or other laws of Member’s jurisdiction. If the Member is a Non-U.S. Person, Member represents, warrants and undertakes that neither it, its affiliates (as defined in Regulation 501 under the Securities Act), nor any persons acting on its or their behalf has engaged or will engage in any directed selling efforts (as defined in Regulation S) with respect to this Agreement and the Tokens.
6.6 Exculpation Among Members. Member acknowledges that it is not relying upon any Person in deciding to pursue an Exist Crypto AVEC Tokens purchase. Member is not subject to any of the disqualifying events listed in Rule 506(d)(1) of Regulation D under the Securities Act of 1933 (a “Member Event”), and there is no proceeding or investigation pending or, to the knowledge of Member, threatened by any governmental authority, that would reasonably be expected to become the basis for a Member Event.
6.7 Member Knowledge and Risks of this Project. Member has sufficient knowledge and experience in business and financial matters, including a sufficient understanding of blockchain or cryptographic tokens and other digital assets, smart contracts, storage mechanisms (such as digital or token wallets), blockchain-based software systems, and blockchain technology, to be able to evaluate the risks and merits of Member’s purchase of Exist Crypto AVEC Tokens, including but not limited to the matters set forth in this Agreement, and is able to bear the risks thereof, including loss of all equity converted, loss of Tokens, risks of liability associated with the Company and others for the acts and omissions of Member, including without limitation those constituting breach of this Agreement, negligence, fraud or willful misconduct. Member has obtained sufficient information in order to make an informed decision to purchase Tokens in the subject Real Property described herein from the seller.
6.8 Funds; Payments. Member represents that the proceeds used by Member in order to acquire Tokens have not been borrowed from a lender without written consent from a said lender or derived from, acquired by, or related to any unlawful activities, including but not limited to money laundering or terrorist financing.
6.9 No Obligation to Register. Member understands that the Tokens have not been, and will not be, registered under the Securities Act, by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bonafide nature of the investment intent and the accuracy of the Member’s representations as expressed herein. Member acknowledges that the Company has no obligation to register or qualify the Tokens for resale.
6.10 Anti-Money Laundering (“AML”); Counter-Terrorism Financing. To the extent required by applicable law, Member has complied with all anti-money laundering and counter-terrorism financing requirements in that Member is converting cash, personal property, or other Supported digital assets owned by Member into Exist Crypto AVEC Tokens and represents that Member has and will continue to comply with all federal and state AML requirements.
6.11 Sanctions Compliance. Neither Member, nor any person having a direct or indirect beneficial interest in Member or Tokens being acquired by Member, or any person for whom Member is acting as agent or nominee in connection with Tokens, is the subject of sanctions administered or enforced by any country or government (collectively, “Sanctions”) or is organized or a resident in a country or territory that is the subject of country-wide or territory-wide Sanctions.
6.12 Cloud on Real Property Title. Member agrees that they will not prevent, bar, encumber, or cloud title on the subject real property that the Exist Crypto AVEC Token is/are tied to in any way that places an encumbrance on the property associated with their ownership of Exist Crypto AVEC that is encumbering the subject real property on the chain of title of said real property.
6.13 No Seller Representations or Warranties.
(A) SELLER EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY.
(B) WITH RESPECT TO THE TOKENS, THEIR UTILITY AND THE ABILITY OF ANYONE TO PURCHASE OR USE THE TOKENS WITHIN THE EXIST FAMILY OF ENTITIES, SELLER EXPRESSLY DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WITHOUT LIMITATION, ANY REPRESENTATIONS OR WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, USAGE, SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, OR AS TO THE WORKMANSHIP OR TECHNICAL CODING THEREOF, OR THE ABSENCE OF ANY DEFECTS THEREIN, WHETHER LATENT OR PATENT.
(C) COMPANY PARTIES DISCLAIM ALL REPRESENTATIONS AND WARRANTIES THAT THE PROCESS OF PURCHASING OR RECEIVING THE TOKENS WILL BE UNINTERRUPTED OR ERROR-FREE, OR THAT THE TOKENS ARE RELIABLE OR ERROR-FREE.
VII. MEMBER ACKNOWLEDGMENTS AND CONSENTS
7.1 Agreement. Member acknowledges and understands that Member has read in full and understands this Agreement and the terms and conditions of use to which Member is bound.
7.2 White Paper. Member acknowledges and understands that it has access to read and view by request, the Exist White Paper. Member acknowledges the sensitive nature of the content and information contained in the document construction of the Exist White Paper and its restricted view until published. The abstract will be provided to the Member. Construction of Exist White Paper is restricted to Exist Crypto Inc. Technology Services Contract participants, Worldwide Homeowners Association Licensed Founder Developers, and CEVA CE-POS Protocol Qualified Intermediary and Peer Review.
7.3 Transaction Fees. Member acknowledges and understands that any present or future exchange transactions in the Tokens effectuated using the CEVA Protocols may be subject to additional exchange and/or transaction fees, payable in virtual Exist Crypto AVEC or other Supported digital assets set by the Exist Crypto Inc. CEVA Protocols, which may vary from time to time.
7.4 Not an Offering of Investment or Securities. Member acknowledges and understands that: (a) the Purchase of Tokens and the Tokens themselves are not investments, securities, commodities, swaps on a currency, security, or commodity of any kind; (b) purchases and sales of Tokens are not subject to the protections of any mature body of laws governing those types of financial instruments and are currently being developed in an emerging market; (c) this Agreement and all other documents referred to in this Agreement, including the White Paper, do not constitute a prospectus or offering document, and are not an offer to sell, nor are they a solicitation of an offer to buy an investment, a currency, security, commodity, or a swap on either a security or commodity or a financial asset of any kind.
VIII. MEMBER ACKNOWLEDGEMENTS OF RISKS
8.1 Disclaimer. TOKENS MAY HAVE NO VALUE. MEMBER MAY LOSE ALL AMOUNTS PAID. Member has carefully reviewed, acknowledges, understands, and assumes the following risks, as well as all other risks associated with the Tokens (including those not discussed herein), all of which could render the Tokens worthless or of little value:
8.2 Basis for Purchase. Tokens are each provided, used, and acquired on an “AS IS” and on an “AS AVAILABLE” basis without representations, warranties, promises, or guarantees whatsoever of any kind by Company. Members must rely on their own examination and investigation thereof.
8.3 No Rights, Functionality, or Features. Tokens have no rights, uses, purpose, attributes, functionalities, or features, express or implied, outside of identifying a digitized equity position in real property interests.
8.4 Purchase Price Risk. Future peer to peer Token purchase transactions are a Technology Service ONLY. There are no guarantees as to the price or value of Tokens at the time of purchase by Member and no guarantees that the future price or value per Token in whole or infraction determined by the market will be equal to or higher than the value presumed or stated at the time of purchase. There is the possibility that the price or value per Token may fall below the price or value recorded on receipt at the time of purchase by Member of Tokens. The company, Licensed Founder Developer or owner/ seller reserves the right to change the duration of any timeframe for the distribution of Tokens, including, without limitation, unforeseen procedural, compliance, or security issues.
8.5 Blockchain Delay Risk. On any Exist Crypto AVEC or CE-POS Protocol, transactions may not be recorded in the last-closed ledger until the transaction has been ratified through the EXIST/ CEVA consensus and algorithm. The timing of ratification may occur at random times. For example, Token transfers in a given open ledger may not be included in the next last-closed ledger and may be included in the candidate set for the beginning of the consensus process on the next open ledger. As a result, the last-closed ledger may not include Member’s transaction at the time Member expects and Member may not receive Tokens on the same day Member converts equity for the Tokens.
8.6 Exist Crypto, AVEC Consensus Ledger. Transactions on the Exist Crypto AVEC Consensus Ledger may be delayed or lost due to operational error or malicious attacks by third parties. Member acknowledges and understands that the last-closed ledger may not include Member’s transaction when Member wants or expects and that Member’s transaction may be excluded or discarded entirely.
8.7 Operational Error. Member may never receive Tokens as a result of interruptions and operational errors in the process of purchasing or receiving the Tokens.
8.8 Ability to Transact or Resell. Member may be unable to sell or otherwise transact in Tokens at any time, due to (a) diminution in value of the Tokens; (b) lack of liquidity for the Tokens; or (c) Company or regulatory venue imposing restrictions on the transferability of the Tokens.
8.9 Token Security. Tokens may be subject to expropriation and or/theft. Hackers or other malicious groups or organizations may attempt to interfere with the Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, surfing, and spoofing. Furthermore, because the Exist Crypto, AVEC CEVA Protocol rests on open source software and Tokens are based on open-source software, there is the risk that Exist Crypto, AVEC Protocol may contain intentional or unintentional bugs or weaknesses which may negatively affect the Tokens or result in the loss of Member’s Tokens, the loss of Member’s ability to access or control Member’s Tokens or the loss of any other assets in Member’s account. In the event of such a software bug or weakness, there may be no remedy, and holders of Tokens are not guaranteed any remedy, refund, or compensation.
8.10 Access to Private Keys. Tokens obtained by Member may be held by Member in Member’s Exist Wealth Architect ECO Register 1.2 Account or a private data vault, which requires a private key, or a combination of private keys, for access. Accordingly, loss of requisite private key(s) associated with Member’s digital wallet or vault storing Tokens may result in loss of such Tokens, access to Member’s Token balance, or any balances in blockchains created by third parties. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet or vault service Member users, may be able to misappropriate Member’s Tokens. The company is not responsible for any such losses.
8.11 New Technology. The Project and all of the matters set forth in the Whitepaper are new and untested. The Project might not be capable of completion, implementation, or adoption. Even if the project is completed, implemented, and adopted, it might not function as intended, and any tokens associated with a blockchain adopting the Project may not have functionality that is desirable or valuable. Also, technology is changing rapidly, so the Tokens and the Project may become outdated or for regulatory conflict, the act of war, acts of God, or other unforeseen reasons project may be completely abandoned.
8.12 Tax Consequences. The purchase and receipt of Tokens may have tax consequences for members. Member is solely responsible for Member’s compliance with Member’s tax obligations.
8.13 Reliance on Third-Parties. Even if completed, the Project may rely in whole or in part, on third parties to comprehend, adopt, and implement it and to continue to develop, supply, and otherwise support it. There is no assurance or guarantee that those third parties will complete their work, properly carry out their obligations, or otherwise meet anyone’s needs, all of which might have a material adverse effect on the Project.
8.14 Failure to Map a Public Key to Member’s Account. Failure of Member to map a public key to Member’s account may result in third parties being unable to recognize Member’s Token balance on the Exist Crypto Inc. Consensus Ledger.
8.15 Exchange & Counterparty Risks. If Member chooses to maintain or hold Tokens through a third party private vault or by other means, Member’s Tokens may be stolen or lost. In addition, third parties may not recognize Member’s claim to any primary or derivative tokens if and when launched by third parties according to the distribution rules set in the Project. If Member holds Tokens through a third party it is at Member’s own and sole risk.
8.16 Changes to the Exist Crypto Inc. Project. The Project is still under development and may undergo significant changes over time. Although Company intends for the Project to have the features and specifications set forth in the developing White Paper, Company may make changes to such features and specifications for any number of reasons, any of which may mean that the Project does not meet Member’s expectations. As a result: (a) the Project may never be completed; (b) the Project may not be completed as initially proposed by Company, and in a different or modified form; (c) any of the blockchain utilizing or adopting features of the Project may never be launched, and (d) a blockchain may never be launched with or without changes to the Project.
8.17 Project Completion. The development of the Project may be abandoned for a number of reasons, including, but not limited to, lack of interest from the public, lack of funding, lack of commercial success or prospects, or departure of key personnel.
8.18 Lack of Interest. Even if the Project is finished, launched, and adopted, the ongoing success of the Project relies on the interest and participation of third parties. There can be no assurance or guarantee that there will be sufficient interest or participation in the Project.
8.19 Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets, and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations, or rules that may affect cryptographic tokens, digital assets, blockchain technology, and its applications. Such changes could negatively impact Tokens in various ways, including, for example, through a determination that Tokens are regulated financial instruments that require registration. The company may cease the distribution of Tokens, the development of the Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.
8.20 Risk of Government Action. The industry in which the Company operates is new and may be subject to heightened oversight and regulatory or public scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of the Company or pursue enforcement actions against the Company. Such governmental activities may or may not be the result of targeting the Company in particular. All of this may subject the Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products goods, or services, all of which could harm the Company's reputation or lead to higher or extensive operational costs, which may, in turn, have a material adverse effect on the Tokens or the development of the Project.
IX. LIMITATION OF LIABILITY; INDEMNIFICATION
9.1 Limitation of Liability. To the fullest extent permitted by applicable law, Member disclaims any right or cause of action against Exist of any kind in any jurisdiction that would give rise to any Damages whatsoever, on the part of Exist. Exist shall not be liable to Member for any type of damages, whether direct, indirect, incidental, special, punitive, consequential or exemplary (including damages for lost profits, goodwill, use or data), even if and notwithstanding the extent to which Company has been advised of the possibility of such damages. Member agrees not to seek any refund, compensation, or reimbursement from Exist, regardless of the reason, and regardless of whether the reason is identified in this Agreement. Exist is not and shall not be responsible or liable for the market or the market value of the Tokens, the transferability or liquidity of Tokens, or the availability of any market for Tokens through third parties or otherwise.
9.2 Damages. Under no circumstances shall the aggregate joint liability of Exist, whether in contract, warranty, tort, or other theory, for damages to Member under this Agreement exceed the amount received by Exist from Member.
9.3 Force Majeure. Member understands and agrees that Exist shall not be liable and disclaims all liability to Member in connection with any force majeure event, including acts of God, labor disputes or other industrial disturbances, electrical, telecommunications, hardware, software or other utility failures, software or smart contract bugs or weaknesses, earthquakes, storms, or other nature-related events, blockages, embargoes, riots, acts or orders of government, acts of terrorism or war, technological change, changes in interest rates or other monetary conditions, and, for the avoidance of doubt, changes to any blockchain-related protocol.
9.4 Release. To the fullest extent permitted by applicable law, Member releases Exist from responsibility, liability, claims, demands, or damages of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to disputes between Member and the acts or omissions of third parties.
9.5 Indemnification. To the fullest extent permitted by applicable law, Member shall indemnify, defend and hold harmless and reimburse Exist from and against any and all actions, proceedings, claims, damages, demands and actions (including without limitation fees and expenses of counsel), incurred by Exist arising from or relating to (i) Member’s purchase or use of Tokens; (ii) Member’s responsibilities or obligations under this Agreement; (iii) Member’s breach of and or violation of this Agreement; (iv) any inaccuracy in any representation or warranty of Member; (v) Member’s violation of any rights of any other person or entity; or (vi) any act or omission of Member that is negligent, unlawful or constitutes willful misconduct.
9.5.1 Exist reserves the right to exercise sole control over the defense, at Member’s expense, of any claim subject to indemnification under this Section 8.5. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between Member and Exist.
X. DISPUTE RESOLUTION
10.1 Informal Dispute Resolution. The parties shall cooperate in good faith to resolve any dispute, controversy, or claim arising out of, relating to or in connection with this Agreement, including with respect to the formation, applicability, breach, termination, validity or enforceability thereof (a “Dispute”). If the Parties are unable to resolve a Dispute within ninety (90) days of notice of such Dispute being received by all Parties, such Dispute shall be finally settled by Binding Arbitration as defined in Section 10.2 below.
10.2 Binding Arbitration. Any Dispute not resolved within 90 days as set forth in Section 10.1 shall be referred to and finally resolved by arbitration under the rules of the American Arbitration Association in effect at the time of the arbitration, except as they may be modified herein or by mutual agreement of the Parties. The number of arbitrators shall be one who shall be selected by Company. The seat, or legal place, of arbitration, shall be Salt Lake City, Utah. The language to be used in the arbitral proceedings shall be English. The governing law of the Agreement shall be as set forth in Section 10.1 herein. The arbitration award shall be final and binding on the Parties (“Binding Arbitration”). The Parties undertake to carry out any award without delay and waive their right to any form of recourse insofar as such waiver can validly be made. Judgment upon the award may be entered by any court having jurisdiction thereof or having jurisdiction over the relevant Party or its assets. Company and the Member shall be responsible for their respective attorneys’ fees and expenses.
10.3 No Class Arbitrations, Class Actions, or Representative Actions. Any dispute arising out of or related to this Agreement is personal to Member and Seller and shall not be brought as a class arbitration, class action, or any other type of representative proceeding. There shall be no class arbitration or arbitration in which someone attempts to resolve a dispute as a representative of another individual or group of individuals. Further, a dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.
11.1 Governing Law and Venue. This Agreement shall be governed in all respects, including as to validity, interpretation, and effect, by the laws of Utah, without giving effect to its principles or rules of conflict of laws, to the extent such principles or rules are not mandatorily applicable by statute and would permit or require the application of the laws of another jurisdiction.
11.2 Assignment. Member shall not assign this Agreement. Any assignment or transfer in violation of this Section 11.2 shall be null and void. Subject to the foregoing, this Agreement, and the rights and obligations of the Parties hereunder, shall be binding upon and inure to the benefit of their respective successors, assigns, heirs, executors, administrators, and legal representatives.
11.3 Entire Agreement. This Agreement, including the exhibits attached hereto and the materials incorporated herein by reference, constitutes the entire agreement between the Parties and supersedes all prior or contemporaneous agreements and understandings, both written and oral, between the Parties with respect to the subject matter hereof, including, without limitation, any public or other statements or presentations made by Company or seller about the Exist Crypto Inc. Exist Crypto AVEC Tokens or the Exist Crypto Inc. Project.
11.4 Severability. If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid, inoperative, or unenforceable for any reason, the provision shall be modified to make it valid and, to the extent possible, effectuate the original intent of the Parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible.
11.5 Modification of Agreement. Company may modify this Agreement at any time by written addendum signed and accepted by both parties to this Agreement.
11.6 Termination of Agreement; Survival. This Agreement shall terminate upon the notification of either party and the completion of all contractual agreements between said parties. Company reserves the right to terminate this Agreement, in its sole discretion, in the event that Member breaches this Agreement. Upon termination of this Agreement: (a) all of Member’s rights under this Agreement immediately terminate; (b) Member is not entitled to a refund of any amount paid, and (c) Articles 3, 4, 6, 7, 8, 9, and 10 shall continue to apply between the parties in accordance with their terms beyond the termination of this Agreement.
11.7 No Waivers. The failure by the Company to exercise or enforce any right or provision of this Agreement shall not constitute a present or future waiver of such right or provision, nor limit the Company’s right to enforce such right or provision at a later time. All waivers by Company must be unequivocal and in writing to be effective.
11.8 No Partnership; No Agency; No Third-Party Beneficiaries. Nothing in this Agreement and no action taken by the Parties shall constitute, or be deemed to constitute a partnership, association, joint venture or other co-operative entity between the Parties. No Party has, pursuant to this Agreement, any authority or power to bind or to contract in the name of the other Party. This Agreement shall not create any third- party beneficiary rights in any person other than those that may be specifically defined under the Exist Crypto Token Purchase and Equity (AVEC) Conversion Agreement.
11.9 Notice from Company and Electronic Communications. Member agrees and acknowledges that all agreements, notices, disclosures, and other communications that Company provides Member pursuant to this Agreement or in connection with or related to Member’s purchase of Tokens, including this Agreement, may be provided by Company, in its sole discretion, to Member, in electronic form or as stated in the Exist Crypto Inc. Terms and Conditions of Use.
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THE PARTIES ACKNOWLEDGE HAVING READ ALL THE PROVISIONS OF THIS AGREEMENT AND AGREE TO ITS TERMS.
IN WITNESS WHEREOF, each of the undersigned acknowledges having read all the provisions of this Agreement and agree to its terms and do hereunto set his or her hand or caused this Agreement to be signed in its name by a person or persons duly authorized, all as of the date of this Agreement.
BUYER MEMBER SIGNATURE:
(Buyer’s Signature verified through electronic verification)
Time of Buyer Member Signature:
EXIST CEVA QI OVERSIGHT ID#
WHOA Licensed Founder Developer 1 ID #
Exist WHOA Licensed Founder Developer Name:
This is the WHOA Licensed Founder Developer who personally invited you to join WHOA.
WHOA Licensed Founder Developer or Marketing Founder Developer 2 ID #
Exist WHOA Licensed Founder Developer or WHOA Marketing Founder Developer Name:
This is the WHOA Licensed Founder Developer OR WHOA Marketing Founder Developer assisting the WHOA Licensed Founder Developer who personally invited you to join WHOA.
SELLER: Exist Crypto, Inc.
AVEC CE-POS Verification and Receipt
Request for Exist Crypto Inc. CE-POS Receipt of Token transaction
By: James David Ray
Seller’s Signature verified through electronic verification
Leave this empty:
Your legal name
Your email address
Signed by James Ray
Signed On: April 3, 2021
If you have questions about the contents of this document, you can email the document owner.
Document Name: EXIST WHITE PAPER TOUCHSTONE DOCUMENT 1.2 EXIST CRYPTO INC. EXIST CRYPTO (AVEC) PEER TO PEER AND TECHNOLOGY SERVICES AGREEMENT - Final
Agree & Sign