Treasury Bank Coin

Treasury Bank Coin

Stock Sale

$5.00 Per Shares

Shares Sold: 42

These are classified as series A. Each share is valued as with a 1:1 cash ratio in exchanged for shares from the Treasury Bank to be allocated on the closing date of an equity agreement. (See Calculations)

Outstanding Shares 99923

Certification

The Buyer certifies on the date as the purchase of the shares and thereafter as the Shareholder in consideration of the number of shares herein and after. The Buyer is in agreement wherein as the holder of this certificate and agrees to amount value certified within the agreement below.

Shares
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This sales agreement is entered into between Buyer herein as “Beneficiary” meaning the giver of cash and the community investment herein as Grantor meaning the Seller of equity to Beneficiary. The Treasury Bank Organization at treasurybank.org shall be in trusted with this agreement herein as the Trustee. The Grantor and Beneficiary are collectively referred to herein as a “Party.”

The shares are classified as Series A. Each share is valued at the purchased price per share The Beneficiary agrees to pledge the total cash amount with a 1:1 ratio in exchanged for Shares from the Grantor to be allocated on the Closing Date

CLOSING DATE

The closing shall occur on or before the cash purchase of shares

DEPOSIT.

As part of this Agreement, the Grantor’s cash allocated is required to be deposited in an institution bank account with the Community Investment name [ Name Here]. The Grantor’s shall deposit the Shares in a Investment account with the Trustee under the terms of this Agreement.

DUE DILIGENCE PERIOD.

The Parties require a due diligence period to review the finances, agreements, and any other information of the Trustee

DELIVERY.

The delivery of the Shares, along with any stock certificates, shall be transferred to the Beneficiary at Closing Date upon the Share being received by the Beneficiary in an approved method with legend.

AUTHORITY OF SELLER.

To induce the Beneficiary to enter and perform its obligations under this Agreement, the Grantor hereby represents and warrants to Beneficiary as follows:

  • Capacity. The Grantor has all requisite power, authority, and capacity to enter into this Agreement. The execution, delivery, and performance of this Agreement by the Grantor does not, and the consummation of the transaction contemplated hereby will not result in a breach of or default under any agreement to which the Granto is a party by which the Granto is bound.
  • Binding Agreement. This Agreement has been duly and validly executed and delivered by the Grantor and constitutes the Grantor’s valid and binding agreement, enforceable against the Grantor in accordance with and subject to its terms.
  • Title to Shares of Stock. The Grantor is the lawful, record and beneficial owner of all the Shares, free and clear of any liens, claims, agreements, charges, security interests and encumbrances whatsoever. The sale, conveyance, assignment, and transfer of the Shares in accordance with the terms of this Agreement transfers to the Beneficiary legal and valid title to the Shares, free and clear of all liens, security interests, hypothecations or pledges.

AUTHORITY OF BUYER.

To induce the Grantor to enter and perform their obligations under this Agreement, the Beneficiary represents and warrants to the Grantor as follows:

  • Capacity. The Beneficiary has all requisite power, authority, and capacity to enter into this Agreement. The execution, delivery, and performance of this Agreement by the Beneficiary does not, and the consummation of the transaction contemplated hereby will not result in a breach of or a default under any agreement to which the Beneficiary is a party or by which Beneficiary is bound.
  • Disclosure. The Beneficiary is aware of the risks involved in pledging cash for Shares and accepts that its value can change rapidly and unpredictably.

DATE AND TIME.

  • Calendar Days. Calendar days shall represent all days of the year except Saturdays, Sundays, and Federal Holidays (“Calendar Days”).
  • Effective Date. The effective date of this Agreement shall be the day the Parties authorize this Agreement and acceptance has been given.

GOVERNING LAW.

This Agreement shall be construed, interpreted, and enforced in accordance with, and shall be governed by, the laws in the State of the Parties without reference to, and regardless of, any applicable choice or conflicts of laws principals.

COUNTERPARTS.

This Agreement may be executed in any number of counterparts and by the several parties hereto in separate counterparts, each of which shall be deemed to be an original, and all of which together shall constitute one and the same Agreement.

ENTIRE AGREEMENT.

This Agreement constitutes the entire understanding and agreement of the Parties relating to the subject matter hereof and supersedes any and all prior understandings, agreements, negotiations and discussions, both written and oral, between the Parties hereto with respect to the subject matter hereof

 

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