EX1A-6 MAT CTRCT 10 rseaex6z127.htm PURCHASE AGREEMENT IN RESPECT OF SERIES #13MUSIGNY ASSET

RALLY


Exclusive Purchase Agreement

 

As of September 22nd, 2020

 

This exclusive purchase agreement (the “Purchase Agreement”) is made between RSE Archive, LLC (“Purchaser” or “us”) and Cult Wines Ltd. (“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. 

 

The Results:

§Upon the successful completion of an offering through the Rally Rd. platform, you will receive payment of the Consideration for the associated Asset, as outlined below. 

 

Other:

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


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RALLY


Asset:

2013 Musigny, Domaine Leroy

Description:

Two cases of three 750ml bottles

Total Acquisition Cost:

$ 222,720.00

Consideration:

Cash (%)

Equity (%)

Total

 

$ 222,720 (100%)

                (0%)

$ 222,720

Other Terms:

   Down Payment

   Balance Due

 

$ 44,544.00 due on September 22, 2020

$ 89,088.00 due on October 22, 2020

$ 89,088.00 due on November 21, 2020

 

 

 

 

 

 

 

Acknowledged and Agreed:

 

 

 

By: /s/ George Leimer

 

By: /s/ Cult Wines Ltd.

RSE Archive, LLC

 

SELLER

Name:George Leimer 

 

Cult Wines Ltd.

Title: Chief Executive Officer 

 

 


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