Agriculture Project 

                                                   Investor Agreement

 

This Partnership Agreement (the “Agreement”) is made and entered into this ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­____December 2nd __, 2019 (the “Effective Date”).  The partners in this agreement are as follows:

                                                                    Kwesi  Boyd

                                                                    Ndey Lisa Faal

                                                                    Ousman Jangum

                                                                    Avafarms (African Velvet Alpacas

                                                                    Anne-Marie Harding

                                                                    Kurt Crosdale

                                                                    Patricia Ejiofor

                                                                    Juliet Ryan

The partners agree to the following:

To jointly invest in agriculture projects in The Gambia West Africa for profit.

 

This Partnership will be known as Relocate Invest in Africa Agriculture project (the “Partnership”)

Investors Agreement:

The Stakeholder wishes to become investors in the agriculture business.

The terms and conditions of their investment will be outlined in this Agreement.

If the Agreement is executed, the Partnership will be in effect on December 2nd, 2020.

The Partnership’s primary place of business will be FABULOUS JUNCTION THE GAMBIA WEST AFRICA

The Partnership will be governed under the laws of the COUNTRY OF GAMBIA.

The Partnership’s primary purpose is BANANA AND CHICKEN FARMING.

Current project value $17,700

600 banana trees 

50 chicken layers

Contribution:

The Partners will make an initial contribution to the Partnership as follows:

Investor One    Kwesi Boyd:                           $6000    33.79

Investor Two    Ndey Lisa Faal                       $6000    33.79

Investor Three Avafarms (African Velvet Alpacas)     $2000       11.26

Investor three  Ousman Jangum                      $1200    6.76

Investor   Four   Patricia Ejiofor                     $1295     7.29

 Investor Six      Kurt Crosdale                         $500      2.82

Investor Seven Rocheal Wadd                       $260       1.46

Investor Eight  Juliet Ryan                               $250       1.41

                    

Contributions will be submitted no later than Dec 2nd, 2020.  All capital contributions are final unless all partners give written consent of withdrawal.  All contributions will be deposited into a joint capital account.

Interest and Authority:

The Partners’ ownership interest in the Partnership will be as follows:

Investor One    Kwesi Boyd:                           $6000    33.79

Investor Two    Ndey Lisa Faal                       $6000    33.79

Investor Three Avafarms (African Velvet Alpacas)     $2000       11.26

Investor three  Ousman Jangum                      $1200    6.76

Investor   Four   Patricia Ejiofor                     $1295     7.29

 Investor Six      Kurt Crosdale                         $500      2.82

Investor Seven Rochelle Wadd                       $260       1.46

Investor Eight  Juliet Ryan                               $250       1.41

Total investment                          $17,755

The Partners’ authority will be defined by the following unless otherwise stated in the Agreement: Any decisions requiring a contract or otherwise will require a unanimous vote by all Partners.

Costs:

The Partners will share costs according to the following percentages:

Investor One    Kwesi Boyd:                           $6000    33.79

Investor Two    Ndey Lisa Faal                       $6000    33.79

Investor Three Avafarms (African Velvet Alpacas)     $2000       11.26

Investor three  Ousman Jangum                      $1200    6.76

Investor   Four   Patricia Ejiofor                     $1295     7.29

 Investor Six      Kurt Crosdale                         $500      2.82

Investor Seven Rochelle Wadd                       $260       1.46

Investor Eight  Juliet Ryan                               $250       1.41

Profits:

The Partners will share the net profits of the Partnership according to the following percentages:

Investor One    Kwesi Boyd:                           $6000    33.79

Investor Two    Ndey Lisa Faal                       $6000    33.79

Investor Three Avafarms (African Velvet Alpacas)     $2000       11.26

Investor three  Ousman Jangum                      $1200    6.76

Investor   Four   Patricia Ejiofor                     $1295     7.29

 Investor Six      Kurt Crosdale                         $500      2.82

Investor Seven Rochelle Wadd                       $260       1.46

Investor Eight  Juliet Ryan                               $250       1.41

The Profits will be distributed every week once the operation began. All owners will have access to financial records.

Partner Roles:

Management Roles:

_______________________will be responsible for all day to day operations i.e. Marketing and Sales

Accounting:

All accounts related to the Partnership including contribution and distribution accounts will be audited quarterly.

All Partners will maintain a joint contribution account.  All Partners will maintain a joint distribution account.  Partners will keep accurate and complete books of account for all accounts related to the Partnership.  Any Partner, whether majority or minority, will be allowed to review all books of account at any time they request.

Accounting records will be kept on a cash basis.

The fiscal year will be completed on December first of each year.  All Partners will present their position on the state of the Partnership within two weeks of the completion of each fiscal year.

Dissolution:

Should the Partnership be dissolved by unanimous vote, the Partnership will be liquidated, and the debts will be paid.  All the remaining funds after debts have been paid will be distributed based on the percentage of ownership interest outlined in this Agreement.

Buy Real Estate

BlaXit shop

Address

50/50 Bla Xit Store 

Palma Rima Junction,

The Gambia

West Africa

Contact Us Today 
Whatsapp 00447429594727
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