Bennie Adam

Agreement


Make money, while we make cream.

Terms and Conditions

This Terms and Conditions Agreement (the "Agreement") is entered into as of ____________ (the "Effective Date") by and between:

UAN PTY LTD, operating as Bennie Adam, a company organised and existing under the laws of Australia (QLD), having its principal place of business at 158d Oxford St, Bulimba QLD 4171 (the "Company"); and _____________________ (the "Investor").

1. Investment Amount

1.1 The Investor agrees to provide an investment of ______ (the "Investment") to the Company.

1.2 All payments must be made within seven (7) days of signing this Agreement.

2. Revenue Share

2.1 In exchange for the Investment, the Company agrees to pay the Investor $0.15 per item sold in its store for every $50,000 invested (the "Revenue Share Rate").

2.2 Example Calculation:

  • For every $50,000 invested, the Investor receives $0.15 per item sold.
  • If 10,000 items are sold in a month and the Investor has invested $50,000: $0.15 per item × 10,000 items = $1,500.

2.3 This applies to items sold in the Bulimba location, excluding sales via delivery platforms like Uber Eats, DoorDash, Menulog, or Shopify.

3. Payment Terms

3.1 Payments to the Investor shall be made daily via bank transfer to the provided account details.

4. Reporting Obligations

The Company will provide the Investor access to a dashboard displaying:

  • Live sales data
  • Previous and expected payouts
  • Next payout dates
  • Total payouts to date
  • Other financial information

5. Transfer or Sale of Investment Shares

5.1 Investors may request to cash out their investment, partially or entirely, with payouts processed within thirty (30) days.

5.2 Requests must be submitted via email.

5.3 The Company will transfer funds to the registered bank account.

5.4 Transfers or sales of shares to third parties are honored upon notification to the Company, with a 1% transfer fee applied.

6. Representations and Warranties

6.1 The Company assures authority to enter into this Agreement and accurate sales reporting per GAAP.

6.2 The Investor confirms the lawful origin of investment funds and accepts business-related risks.

7. Confidentiality

Both parties agree to confidentiality concerning non-public information unless legally required or with written consent.

8. Governing Law and Dispute Resolution

8.1 This Agreement is governed by Australian law.

8.2 Disputes are resolved through Arbitration, Mediation, or Litigation in Australia.

9. Entire Agreement

This document constitutes the entire agreement, overriding prior understandings or representations.

10. Amendments

Amendments must be in writing and signed by both parties.

11. Company Obligations

The Company commits to professional conduct, regulatory compliance, financial transparency, staff competence, operational efficiency, community engagement, product integrity, data security, and timely payments.

12. Personal and Banking Information

The Investor verifies the accuracy of all personal and banking information provided during registration.

Contact Information

Email: [email protected]

Phone: (07) 4801 5000

Address: 158D Oxford St, Bulimba QLD 4171

Thank you for choosing Bennie Adam and the "Take the Taking" program. We look forward to partnering with you!