Free Business Investment Agreement

This Business Investment Agreement (the "Agreement") is entered into as of January 15, 2051 by and between [YOUR COMPANY NAME], whose principal address is [YOUR COMPANY ADDRESS] (the "Investor"), and ForBiz, whose principal address is Irving, TX 75038 (the "Recipient").

The parties agree as follows:

I. DEFINITIONS

1. Investment Amount: The monetary sum provided by the Investor under the terms of this Agreement.

2. Business: The Recipient's company, identified above, including all operations, intellectual property, and other assets.

3. Profit: Any financial gain realized from the Business after expenses, taxes, and costs.

II. INVESTMENT TERMS

1. The Investor agrees to invest $500,000 into the Business.

2. The funds shall be transferred to the Recipient on or before January 31, 2051.

3. The funds will be used solely for research and development of artificial intelligence solutions, as outlined in the Recipient’s business plan.

III. OWNERSHIP AND RETURNS

1. In exchange for the investment, the Investor shall receive:

   • 20% equity ownership in the Business; and

   • 15% of annual net profits for the first five years of operation following the investment.

2. The Investor's ownership and profit-sharing rights will be detailed in ForBiz’s Operating Agreement.

IV. INVESTOR’S RIGHTS

1. The Investor shall have the right to:

   • Access financial and operational reports on a quarterly basis.

   • Attend and vote in board meetings on matters directly affecting the use of investment funds.

   • Review the Business’s strategic plans and offer recommendations.

2. The Investor will not be involved in the day-to-day operations of the Business unless explicitly agreed upon.

V. WARRANTIES AND REPRESENTATIONS

Both parties represent and warrant that:

1. They have the legal authority to enter into this Agreement.

2. The Business is legally compliant with all local, state, and federal laws.

3. The Investor's funds will not be used for any unlawful purpose.

VI. TERMINATION

1. This Agreement shall terminate upon:

   • Full repayment of the Investor's capital plus an additional 25% return on the initial investment; or

   • A written agreement between both parties.

2. In the event of termination due to bankruptcy of the Business, the Investor’s equity interest will be converted into priority claims on the Business’s assets.

VII. DISPUTE RESOLUTION

1. Any disputes arising under this Agreement will be resolved through binding arbitration in Irving, Texas.

2. The prevailing party shall be entitled to recover reasonable legal fees and costs.

VIII. GOVERNING LAW

This Agreement will be governed by the laws of the state of Texas in the United States.

IX. MISCELLANEOUS

1. Entire Agreement: This Agreement constitutes the entire understanding between the parties.

2. Amendments: Any changes must be agreed upon in writing by both parties.

3. Severability: If any provision is found unenforceable, the remaining provisions will remain in effect.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

[YOUR NAME]
Chief Investment Officer, [YOUR COMPANY NAME]
Date: January 15, 2051

Naomi Ortiz
Chief Executive Officer, ForBiz
Date: January 15, 2051

Contract Templates @ Template.net