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MoartVest INVESTMENT TERMS AND CONDITIONS

Please read these terms and conditions of investment carefully, by accessing this Moart website or other Moart platforms you agree to be bound by these terms and conditions.

DEFINITIONS AND INTERPRETATIONS

•DEFINITIONS:

Where used in these terms unless excluded by context:

- “Due Date” means 31st of December 2021.

- “Guarantor” means Moart Company Limited.

- “MoartVest” means Moart company branded investment platform

- “Payments” means payment of the ROI and Investment Capital by the Company

- “ROI” means Return on Investment (40% of the Investment Capital)

- “Slot/Bit” means a fraction of MoartVest real estate investment


•INTERPRETATIONS:

Unless the context otherwise requires:

a. Heading in this Agreement are for the convenience and for reference purposes only and do not affect the interpretation of this Agreement;

b. Words importing the singular include the plural and vice versa.


BACKGROUND/PURPOSE

(a) Moart Company Limited is a company duly registered in Nigeria. The company has its registered objects in Real Estate and residential developments.

(b) Moart Company is desirous of upgrading and developing some of its ongoing properties and projects in Ogun State, Isiwo (Prime Avenue), Poka Epe Axis (a two bedroom ensuite apartment shelter model branded as (Choice Gardens) , Porch Residence in Akodo (Project Development) in Lagos and has thus opened up the opportunity for investors to be a part of the project by investing in Moart.

(c) The successful completion of these projects and property developments shall in return increase the current value for sales in the open market, thereby increasing the returns on investment of our esteemed investors before the due date of their investment

(d)Moart’s branded investment platform is known as MoartVest

(e) This avails the investor the opportunity to invest a minimum of N 5,000.00 in property a slot/bit and receive a return on investment of 40% on the invested amount in eight months.

OBLIGATIONS OF THE COMPANY

(a)The Company shall only use the funds provided by the Investor pursuant to this agreement to fund the projects listed in 3(b).

(b) The Company warrants and represents to the Investor that it has the capacity, authority and power to execute this agreement, deliver and perform its obligations arising from under this agreement .

(c) The Company shall be responsible for the day-to-day management of MoartVest.

(d) The Company undertakes that it has the technical knowhow for the management of MoartVest

(e) The Company undertakes to ensure that the operation of MoartVest complies with regulatory standards.

(f) The Company undertakes that the success or limitations of MoartVest shall not affect, delay or bar the Investor from the payment of returns on or before the due date.

(g) The Company shall affect payment of Returns on the due date.

(h) The Company shall affect payment of Returns on the due date.


OBLIGATIONS OF THE INVESTOR

(i) Fill up the required forms and documents either online or offline

(j) The Investor shall provide the capital sum being the Investment capital for the slot/bit subscribed for in MoartVest.

(k) Send evidence of payment to MoartVest via our email to support@moartvest.com

(l) The investor shall provide current and valid banking details for the payment of ROI when “Payment” is due.


INVESTMENT TERMS AND RETURNS:

(a) The Investor shall invest in MoartVest the capital sum for 40% returns on investment (ROI).

(b) The investment becomes active from the 1st of May 2021 to the 31st of December 2021.

(c) The duration of the Investment shall be Eight (8) months.

(d) The payment of returns shall be the addition of capital invested and returns on investment.

(e) The payment of returns shall be calculated as follows:

= Investment Capital +Return on Investment = Payment


DATE OF PAYMENT OF RETURNS

The payment interest of 40% + Capital will be paid on the 31st of December 2021 which is eight(8) months from the commencement date.


GUARANTEE

The Guarantor hereby absolutely, unconditionally and irrevocably guarantees, to the Investor:

(a) The punctual and complete payment at maturity of the Investment Capital and ROI and all other obligations of the Company under this investment

(b)The full and prompt performance and observance by the Company of each and all of the obligations, covenants and agreements required to be performed or observed by the Company under the terms of this investment.


OPTIONS AVAILABLE AT DUE DATE:

The Guarantor hereby absolutely, unconditionally and irrevocably guarantees, to the Investor:

(a) The punctual and complete payment at maturity of the Investment Capital and ROI and all other obligations of the Company under this investment

(b) . The full and prompt performance and observance by the Company of each and all of the obligations, covenants and agreements required to be performed or observed by the Company under the terms of this investment.


TERMINATION OF INVESTMENT

(a) The investment is deemed terminated as soon as the invested capital and ROI is paid except the investor authorizes Moart in writing through our email to re-invest the capital only or the capital and returns on investment.

(b) In the event that the Investor requests to withdraw the money invested before the end of the Investment cycle;

- The Investor shall give a month’s notice in writing via email or visit our office at the above stated address notifying us on the intention to withdraw the sum Invested.

- The valid electronic mail shall be support@moartVest.com

- The invested amount shall be paid without the 40% returns to the Investor.

- The investor shall only be paid after a month’s notice.

- The invested amount shall be paid LESS 20% admin charges.

(c)In the event of a claimed emergency need for the funds invested by the investor and thus cannot give a month’s notice, if immediate payment is confirmed to be feasible:.

- The invested amount shall be paid without the 40% returns on investment

- The invested amount shall be paid LESS 30% admin charges.

- The invested amount shall be paid LESS 30% admin charges.


RIGHTS TO GIVE AND REFUSE INFORMATION

We shall to the extent that we are lawfully able to do so without breaching any duty of confidentiality or other obligation owed to any person, promptly provide you with copies of: (a) all communications and documents we receive from the investor regarding the investment which we consider to be materially relevant to your Participation Interest. Moart does not accept or consider unsolicited ideas, given by investor(s) to invest in a business. Investing in MoartVest gives Moart the right to invest the paid capital in only Moart Company limited properties and development projects.


TRANSFER OF INVESTMENT TO THIRD PARTY:

Applicable Law:

The construction, execution and enforcement of this Agreement and any controversy, dispute of whatsoever nature arising in connection with this Agreement, including any remedy thereof, shall be governed by the Laws of the Federal Republic of Nigeria.

Disclaimer on Electronic Transfer Issues:

The links in this area may let you leave Moart Company Limited’s site. The linked sites may not be under the control of Moart Company Limited and Moart is not responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites that is not within the control of Moart Company Limited. Moart is not responsible for webcasting or any other form of transmission received from any linked site that is not within the control of Moart. Moart is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by Moart Company of the site.


INDEMNITY

The Company and Guarantor undertake to indemnify the Investor for any loss to its Investment Capital and Return on Investment claims that may occur.


FORCE MAJEURE

Neither party will be responsible for any failure or delay in performance due to circumstances beyond its reasonable control, including, without limitation, acts of god, war, riot, embargoes, acts of civil or military authorities, fire, floods, accidents, service outages resulting from equipment and/or software failure and/or telecommunications failures, power failures, network failures, failures of third party service providers (including providers of internet services and telecommunications). The party affected by any such event shall notify the other party within a maximum of fifteen (15) days from its occurrence. The performance of the agreement shall then be suspended for as long as any such event shall prevent the affected party from performing its obligations under this agreement. The logos of Moart Company Limited, MoartVest and its subsidiaries Company. All rights reserved. All other trademarks appearing on Moart Company Limited, MoartVest and its subsidiaries platforms which do not exclusively belong to Moart Company Limited are the property of their respective owners.


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