EX1A-6 MAT CTRCT 12 vvml_ex6z15.htm VV-NAPA PURCHASE OPTION AGREEMENT

Exclusive Purchase Option Agreement

 

As of 9/28/2021

 

This exclusive purchase option agreement (the “Option Agreement”) is made between VV Markets, LLC (“Purchaser” or “us”) and Vinfolio, Inc. (“Seller” or “you”) with regard to the assets described below (each individually an “Asset”, collectively the “Assets”).

 

Key Deal Points

-You will supply the Asset(s) to the Purchaser, and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability.  

-We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below.  

-For a period of eight (8) weeks from the date of this Option Agreement (the “Period”), you grant us the exclusive right to purchase the Asset(s).  

Your Rights and Obligations

-You have the ability to supply the Assets listed in the Asset Table. 

-Upon sourcing, you will store, maintain, and insure the Asset(s) as part of your inventory and consistent with the manner in which they were stored, maintained, and insured prior to the date of this Option Agreement.  

-You will provide us with reasonable access to the Asset(s) for the creation of marketing materials.  Marketing materials remain our property.  

-You will not advertise the allocated cases or bottles of the Collection online, in print, on social media, or with a third-party dealer or listing service without our prior written agreement. If the Asset(s) is already listed or advertised for sale Advisor will remove such listing or advertisement in its entirety, including any residual mention of item being "for sale”. 

-Upon the completion of the offering, you will continue to store, maintain, and insure the assets, in exchange for the payment of storage fees 

The Results:

-Upon the successful completion of the relevant offering through the Vint platform, you will receive payment of the Consideration for the associated Asset, as outlined below, and we will assume title in, and take possession of, the Asset(s), unless otherwise mutually agreed by you and us. 

Other:

-This Option Agreement may be modified or amended only with the prior written consent of both Purchaser and Seller.  


Asset Table

Napa 2018 Collection

Producer

Wine

Vintage

Quantity

Kongsgaard

The Judge Napa Valley Chardonnay

2018

2

Screaming Eagle

Screaming Eagle Sauvignon Blanc Oakville

2018

3

Cardinale

Cardinale Red*

2018

24

Dana Estates

Dana Estates Cabernet Sauvignon Helms Vineyard

2018

12

Dominus

Dominus

2018

6

Eisele Vineyard

Eisele Vineyard Cabernet Sauvignon

2018

24

Hundred Acre

Hundred Acre Cabernet Sauvignon Kayli Morgan Vineyard

2018

24

Hundred Acre

Hundred Acre Cabernet Sauvignon The Ark Vineyard

2018

24

Joseph Phelps

Joseph Phelps Insignia

2018

36

Kapcsandy Family

Kapcsàndy Cabernet Sauvignon State Lane Vineyard Grand Vin

2018

12

Lokoya

Lokoya Cabernet Sauvignon Howell Mountain

2018

6

Lokoya

Lokoya Cabernet Sauvignon Mount Veeder

2018

6

Lokoya

Lokoya Cabernet Sauvignon Spring Mountain

2018

6

Opus One

Opus One

2018

36

Penfolds

Penfolds Bin 98 Quantum Napa Valley - South Australia Cabernet Sauvignon

2018

12

Quintessa

Quintessa Proprietary Red Rutherford

2018

12

Scarecrow

Scarecrow Cabernet Sauvignon

2018

6

Screaming Eagle

Screaming Eagle Cabernet Sauvignon Oakville

2018

3

Spottswoode

Spottswoode Cabernet Sauvignon St. Helena

2018

36

TOR

TOR Pur Magic Cabernet Sauvignon Vine Hill Ranch

2018

6

 

 

Description:

Napa 2018 Collection

Total Acquisition Cost:

$125,900

Consideration:

Cash (%)

Equity (%)

Total

 

$125,900 (100%)

               (0%)

$125,900

Other Terms:

 


 

Acknowledged and Agreed:

 

 

 

 

 

 

 

 

/s/Nicholas King

 

/s/  Adam Lapierre    

 

 

 

 

 

 

VV Markets

 

Seller

Name: Nicholas King                

 

Name: Adam Lapierre    

Title: Chief Executive Officer

 

Title: President