EX1A-6 MAT CTRCT 6 rseex6z21.htm PURCHASE OPTION AGREEMENT IN RESPECT OF SERIES #15PTKWT ASSET

RALLY RD.


Purchase Option Agreement

 

As of October 18th, 2019

 

This purchase option agreement (the “Option Agreement”) is made between RSE Archives, LLC (“Purchaser” or “us”) and WBQ USA, LLC dba WatchBox (“Seller” or “you”) with regard to the assets described below (each individually an “Asset”, collectively the “Assets”).

 

Key Deal Points:

You are the exclusive, unencumbered owner of the Asset(s), 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 time from the date of this Option Agreement (the “Option Period”), as outlined below, you grant us the option to purchase the Asset(s). 

 

Your Rights & Obligations:

You maintain possession of the Asset(s) throughout the Option Period. 

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

Other:

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

 

 

 

Asset:

Patek Philippe Complications World Time

Description:

Ref. 5131R-001

Total Acquisition Cost:

$ 105,000

Consideration:

Cash (%)

Equity (%)

Total

 

$ 105,000 (100%)

           0 (    0%)

$ 105,000

Other Terms:

Option Period

Down-Payment

Balance Due

 

60 days

$0 due at signing

$105,000 due upon purchase

 

 

 

 

 

Acknowledged and Agreed:


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CONFIDENTIAL


RALLY RD.


By: /s/ Christopher J. Bruno

 

By: /s/ Brian Govberg

PURCHASER

 

SELLER

Name:Christopher J. Bruno 

 

Name: Brian Govberg

Title: Chief Executive Officer 

 

Title: Partner


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CONFIDENTIAL