TRUST DECLARATION. 5.1. Each Investor shall execute and deliver to the Company a trust declaration, in the form attached as Exhibit C to this Agreement (the “Trust Declaration”). The Trust Declaration shall convey to Company Beneficial Rights over the Investor Shares, in accordance with the terms and conditions specified therein. 5.2. The Trust Declaration shall be deemed an integral part of this Agreement, and any breach or violation of its terms shall be considered a breach of this Agreement. The Trust Declaration, once executed, shall be irrevocable, binding on the Parties, and enforceable in accordance with applicable laws. The Parties acknowledge and agree that the Trust Declaration is a key document governing the transfer of beneficial ownership and shall be subject to the laws of the jurisdiction in which the Investor Company is incorporated.
Appears in 4 contracts
Samples: Agreement to Convey Beneficial Ownership (Unicoin Inc.), Agreement to Convey Beneficial Ownership (Unicoin Inc.), Agreement to Convey Beneficial Ownership (Unicoin Inc.)
