NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the Parties agree as follows:
The purpose of this partnership is to invest in cryptocurrencies and related digital assets, including but not limited to Bitcoin, Ethereum, and other blockchain-based assets.
INVESTMENT STRATEGYThe Parties agree to develop and adhere to an investment strategy that outlines the types of cryptocurrencies to be invested in, the allocation of funds, and the risk management procedures. The investment strategy will be reviewed and updated annually or as needed.
The profits and losses of the partnership will be distributed equally between Party 1 and Party 2, unless otherwise agreed upon in writing.
The Parties agree to maintain accurate and up-to-date records of all transactions, investments, and financial statements related to the partnership. An annual financial report will be prepared and reviewed by both Parties.
Both Parties agree to keep all information related to the partnership, including but not limited to investment strategies, financial records, and transaction details, confidential and not to disclose such information to any third party without the prior written consent of the other Party.
Any disputes arising out of or relating to this Agreement shall be resolved through good-faith negotiations between the Parties. If the Parties are unable to resolve the dispute through negotiations, the dispute shall be submitted to binding arbitration in accordance with the rules of the [Arbitration Organization, e.g., American Arbitration Association].
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
This Agreement constitutes the entire agreement between the Parties and supersedes all prior understandings and agreements, whether written or oral, between the Parties regarding the subject matter of this Agreement.
This Agreement may be amended only by a written instrument signed by both Parties.
This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.