Affidavit of Commitment

State of [STATE]

County of [COUNTY]

Introduction:

I, [YOUR NAME], of [YOUR ADDRESS], City of [City], County of [County], State of [State], being duly sworn, do hereby affirm and declare under penalty of perjury as follows:

Statement of Facts:

This Affidavit of Commitment is made with the intent to formalize my commitment to investing capital into the new business venture known as [YOUR COMPANY NAME], located at [YOUR COMPANY ADDRESS], City of [City], County of [County], State of [State].
I hereby commit to investing the sum of $[Specific Amount of Capital] into [YOUR COMPANY NAME] as capital contribution.
This investment is to be made in accordance with the terms and conditions outlined in the Investment Agreement dated [Date of Investment Agreement], to which this affidavit is attached as Exhibit A.
The purpose of this investment is to provide [YOUR COMPANY NAME] with the necessary capital to commence operations, including but not limited to the funds will be used primarily for purchasing inventory and leasing property to establish our new retail location. Additionally, a portion of the funds will be allocated towards hiring staff to support the store's operations and ensure excellent customer service.
I commit to providing the total investment amount of $[Specific Amount of Capital] by [Deadline for Investment], as detailed in the Investment Agreement.

Acknowledgment of Terms:

I acknowledge and agree that failure to fulfill this commitment as specified may result in [outline consequences, e.g., legal action, forfeiture of investment rights], as detailed in the Investment Agreement.

Affirmation of Truth:

I affirm that the information provided in this affidavit, including all attached exhibits, is true and accurate to the best of my knowledge and belief. I understand that providing a false statement in this affidavit is subject to penalties for perjury under the laws of the State of [State].

Executed on this [DAY] of [MONTH], [YEAR].

Signature:

[YOUR NAME]

Subscribed and sworn to before me this[DAY] of [MONTH], [YEAR], by [YOUR NAME], known to me or proved to me on the basis of satisfactory evidence to be the person who appeared before me.

[Notary Public's Signature]