EX1A-6 MAT CTRCT 12 vvml_ex6z21.htm VV-BOD10 PURCHASE AGREEMENT

Exclusive Purchase Agreement

 

As of 1/26/2022

 

This exclusive purchase agreement (the “Purchase Agreement”) is made between VV Markets, LLC (“Purchaser” or “us”) and Liv-ex Limited. (“Broker” or “you”) with regard to the assets described below (each individually an “Asset”, collectively the “Assets”).

 

Key Deal Points

-You will broker the Asset(s) for purchase by 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 thirty (30) days from the trade settlement date (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 trade settlement, 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 Purchase 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 Purchase Agreement may be modified or amended only with the prior written consent of both Purchaser and Broker.  


Asset Table

 

2010 Decade Collection

Wine

Vintage

Quantity

Bottle Size (ml)

Domaine Armand Rousseau, Gevrey-Chambertin Premier Cru, Clos Saint-Jacques

2016

6

750

Chateau Mouton Rothschild Premier Cru Classe, Pauillac

2012

6

1500

Le Pin, Pomerol

2015

12

750

Chateau Mouton Rothschild Premier Cru Classe, Pauillac

2010

12

750

Dominio de Pingus, Ribera del Duero, Pingus

2016

6

750

 

 

Description:

2010 Decade Collection

Total Acquisition Cost:

$87,864

Consideration:

Cash (%)

Equity (%)

Total

 

$87,864 (100%)

               (0%)

$87,864

Other Terms:

Liv-Ex 30 day payment terms following settlement

 

 

 

 

 

 

Acknowledged and Agreed:

 

 

 

 

 

 

 

 

/s/Nicholas King

 

/s/Robbie Stevens

 

 

 

VV Markets

 

Broker

Name: Nicholas King                

 

Name: Robbie Stevens    

Title: Chief Executive Officer

 

Title: Territory Manager