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Reptune Investor Contract
Reptune Investor Contract
Reptune Investor Contract
THIS INVESTMENT AGREEMENT (the “Agreement”) is made this _______ day of ______ 2023.
BETWEEN
AND
MR. UWANA MFOM ESSIEN of (hereinafter referred to as the “Artist” which expression shall,
where the context so admits, include its successors in title and assigns) of the second part.
AND
The Investor, the Artist and Reptune are hereinafter collectively referred to as the “Parties” or
individually as a “Party”.
BACKGROUND
c. The Parties desire to enter into this Agreement subject to the terms and conditions
hereafter stated to govern the terms of the relationship.
1. DEFINITIONS
In this Agreement, unless the context otherwise requires, capitalised terms shall have the
respective meanings given to them:
2. PURPOSE
2.1 The object of this Agreement, which the Parties intend to be legally binding, is to define the
scope of the working relationship and the terms for the foregoing arrangements.
2.2 The Parties agree that the Investment Sum shall be applied towards the following (the
“Purpose”):
3.1 INVESTOR
3.1.1 The investor agrees to pay the sum of N800,000 (Eight hundred thousand Naira) (the
“Investment Sum”) as an investment in the services performed by the Artist to the account with
the details stated in clause 3.1.2 of this Agreement.
3.1.2 The Investment Sum shall be paid by the Investor on the Effective Date into an account with the
following details:
3.2 REPTUNE
3.2.1 Reptune commits to keeping confidential the details of the Investor, unless
otherwise permitted by the Investor.
3.2.2 Reptune agrees to ensure that the Artist fulfills all his obligations as stated in clause
3.3 of this Agreement.
3.2.3 Reptune shall ensure that the terms and conditions of this Agreement shall be
adhered to.
3.2.4 Reptune agrees that the Investment Sum shall be applied towards the Purpose.
3.3 ARTIST
3.3.1 The Artist commits to use his best efforts to launch, sustain, and advance the
profitability of his career.
4. TERM
This Agreement shall commence on the day first above written and shall be for a term of 8
(eight) months (the “Term”).
5. INVESTMENT RETURN
As consideration for the investment, the Investor shall receive the Investment Sum and 30%
(thirty per cent) of the Investment Sum earned by Artist, and that that sum shall be referred
to herein as the “Investment Return.” The Investment Return shall be paid by Reptune to
Investor in two instalments on August 31st, 2023, and December 31st, 2023.
6. ENTIRE AGREEMENT
This Agreement constitutes the entire understanding between the Parties with reference to
this matter, and supersedes all prior agreements, written or oral. This Agreement cannot be
modified except by written instrument signed by the Parties.
The formation, existence, construction, performance, validity and all aspects whatsoever of
this Agreement or of any term of this Agreement will be governed by the Laws of the
Federal Republic of Nigeria. All disputes arising in any way out of or affecting this
Agreement shall be referred to arbitration for settlement by a single arbitrator in
accordance with the provisions of Arbitration and Conciliation Act Cap A18 Laws of the
Federal Republic of Nigeria 2004. The arbitral award shall be binding on the Parties. Each
Party shall bear its own costs and expenses in relation to the arbitration proceedings unless
the arbitral award states otherwise.
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement on the day and year
first above written.
THE INVESTOR
Name:
Date:
Address:
Signature:
THE ARTIST
Name:
Date:
Address:
REPTUNE MANAGEMENT
Name:
Date:
Address: