Common Contracts
1 similar Opportunity Agreement contracts
Dutch East India Logistics Co. (Including Portus de Jewel Seaport & Inland Port)Opportunity Agreement • August 10th, 2020
RE: (1) Portus de Jewel Seaport & Inland Port (the Project) entered into an Opportunity Agreement with Ameri Metro, Inc. which was amended in June 2019. (2) The amended Opportunity Agreement was formalized by resolution of the Ameri Metro, Inc. Board of Directors on June 25, 2019 and by its officers on June 26, 2019. The amended Opportunity Agreement states that (3) Ameri Metro, Inc. has a 10% non-controlling interest in the Project. (4) This ownership interest also includes ownership of book value in the Project. (5) The Project shall pay 10% of all profits before taxes to Ameri Metro, Inc. (6) Ameri Metro, Inc. is entitled to 10% of the book value of the Project. (7) Ameri Metro, Inc. has no voting rights in the Project. (8) Shah Mathias intended to include the same 10% interest for Ameri Metro, Inc. in the Dutch East India Logistics Co. (the Company). The Company will build the Project.
