Effective Date: 28/06/2025
Parties Involved:
- Micro Equity (hereinafter referred to as “the Company”)
- Investor/Member (hereinafter referred to as “the Investor”)
1. Purpose
This policy agreement outlines the terms and conditions regarding the investment and payment structure for joining the Micro Equity digital business hub. It aims to ensure clarity and mutual understanding between the Company and the Investor.
2. Non-Refundable Payment
- The Investor acknowledges and agrees that the payment made for joining the digital business hub is non-refundable.
- The Investor understands that this payment is an investment in the digital business type and is subject to the risks associated with such investments.
3. Investment Allocation
- All funds invested by the Investor will be allocated to the specified digital business type as agreed upon at the time of investment.
- The Company commits to utilizing the funds in a manner that aims to maximize returns for the Investor, but does not guarantee any specific outcomes.
4. Payment to Investors
- The Company will distribute profits to the Investors based on the performance of the digital business type.
- Payments to Investors will be made in accordance with the terms outlined in the investment agreement, and will only occur after the Company has recovered any initial losses incurred.
5. No Pressure for Refunds
- The Investor agrees that the Company will not be pressured to refund any amounts invested until all losses have been recovered.
- The Investor acknowledges that the nature of investments involves risks, and that losses may occur.
6. Acknowledgment of Risks
- The Investor acknowledges that investments in digital businesses carry inherent risks, including but not limited to market volatility, operational challenges, and potential loss of capital.
- The Investor agrees to conduct their own due diligence and understands that past performance is not indicative of future results.
7. Amendments
- This policy agreement may be amended or modified only in writing and signed by both parties.
- Any changes to the terms of this agreement will be communicated to the Investor in a timely manner.
8. Governing Law
- This agreement shall be governed by and construed in accordance with the Nigeria laws.
9. Acceptance
By signing up an account on this platform, the Investor acknowledges that they have read, understood, and agree to the terms and conditions outlined in this Micro Equity Policy Agreement.
This policy agreement serves to protect both the Company and the Investor by clearly outlining the terms of investment and the non-refundable nature of payments. It is recommended that both parties retain a copy of this agreement for their records.
