Token Sale Agreement Template

Token Sale Agreement Template

This template provides a comprehensive framework for token sales, including key clauses for parties, purchase terms, and legal compliance.

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What This Token Sale Agreement Template Covers

The Token Sale Agreement Template is designed for companies issuing tokens and individuals or entities purchasing those tokens. This template includes essential clauses such as Parties, Purchase Terms, Representations and Warranties, Indemnification, Termination, and General Provisions. Each section is crafted to ensure compliance with cryptocurrency regulations and applicable business and securities laws, providing a clear framework for the sale and purchase of digital tokens.

When to Use a SAFT Agreement

This Token Sale Agreement Template is ideal for startups and established companies planning to raise funds through token sales. You would typically use this template when launching a new digital platform that requires a structured agreement for token purchases. Additionally, if you are an investor looking to secure your rights in a token sale, this template serves as a robust foundation for your token purchase agreement.

What's Included in This Token Purchase Agreement

  • Parties: Clearly defines the issuer and purchaser, ensuring all involved parties are identified.
  • Purchase Terms: Details the token price, payment method, and the purchaser's wallet address for seamless transactions.
  • Representations and Warranties: Outlines the assurances provided by both parties, ensuring transparency and trust in the agreement.
  • Indemnification: Protects parties from potential losses or damages arising from breaches of the agreement.
  • Termination: Specifies conditions under which the agreement can be terminated, providing clarity on exit strategies.
  • General Provisions: Covers governing law and arbitration location, ensuring legal compliance and dispute resolution mechanisms.

Key Cryptocurrency Sale Contract Provisions

  • Effective Date: Marks the commencement of the agreement, crucial for establishing timelines.
  • Token Purpose: Clarifies the intended use of the tokens within the digital platform, which is vital for regulatory compliance.
  • Governing Law: Identifies the jurisdiction under which the agreement will be interpreted, ensuring legal clarity.

Disclaimer: This template is for informational purposes only and does not constitute legal advice.

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