Domain Name Ownership Agreement

If you want to buy a member, sell your business or transfer ownership, you must first consult your operating contract, which may already have sales instructions. It is precisely in the case of large or complex transactions that the use of a sales contract may be the best way to manage the sale and purchase of property. Find out what this legal document should contain and when to use it. Nowadays, it`s easy to sell a domain name that you left lying around, unused. And it`s just as easy for you to buy a domain name relevant to your business if no suitable name is available directly from a domain name registrar. A website hosting contract allows your website to work, but do you know what you`re signing? It is important not to skip the fine print to understand the hosting relationship that is being created. 2. Payment. Taking full account of the transfer of all rights, securities and shares in and in the Doman name to the buyer to the buyer, the buyer pays the seller the total amount of $3,850,000.00 (the “funds”). The payment is made at the same time as this agreement by both parties;i) the purchaser and seller will open a trust account (“escrow account”) with Alliance Bank of Arizona as a trust agent (“Fiduciary Agent”), pursuant to a trust agreement, as attached to Schedule B (“Escrow Agreement”),” (ii) the purchaser must deposit the funds into the cashing account by transfer of funds immediately available; and (iii) the buyer and seller each provide the Escrow agent with a copy of the contract executed for deposit into the Escrow account. The funds are released to the seller and a copy of the fully executed contract is released to the seller and buyer in accordance with the terms of the escrow agreement. The stepladder agreement will reflect the fact that the escrow agent will immediately release the funds to the seller if he receives joint written instructions from the buyer and seller providing for the release of the funds to the seller after receiving the e-mail described in paragraph 14 of Schedule A (“confirmation of the e-mail”).

The buyer and seller will immediately give instructions to the stepladder agent on unlocking the money to the seller after receiving the confirmation email from the buyer. The buyer and seller share equally the agent De Demcrow in connection with the Escrow account and the services provided under the Escrow Agreement. All interest generated by the funds in the receiver account is released to the buyer. (a) the buyer`s representations and guarantees. The purchaser assures and guarantees that (i) the purchaser is fully empowered and empowered to enter into this contract and is bound and fulfilled by the obligations to him under this agreement; (ii) this agreement, if signed and delivered by the buyer, is executed and delivered properly and efficiently and the buyer`s valid and binding obligation is enforceable against the buyer, in accordance with its terms.

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