RBH Terms of conditions for dormant partner

 

§ 1 Venture Capital

By confirming your personal data sent to us during registration via the form on our website, you herewith agree to our terms and conditions without objection. By transferring your shareholding capital to one of our accounts you also confirm, that you have understood the fact that you no longer have availability to the money deposited. The investment is not a refundable loan, but a risk investment, also called “venture-capital”. By registering you undergo a binding legal agreement with RBH (advocated by its initiators) and all its dormant partners. This means that all participants are transacting their business in free agreement, alone and without interference of other persons or institutions.

 

§ 2 Object of agreement

Object of these terms of agreement is a participation partnership between the investors (dormant partners) and RBH, whereby RBH will be utilizing the capital provided by the investors to realize the project.

 

§ 3 Freedom of Instruction

The investors do not have any decisional authority or right to information about how, when, why and to which extent RBH decides to utilize the capital in realizing the project planned.

 

§ 4 Sharing of profit and loss

The investor is not involved in possible losses. For the investor there are no capital reserve liabilities, as well as no further costs in addition to the deposit capital. The investor is participated in the proceeds of the Bank-holding, whose proceeds are 100% distributed to the shareholders. The yields per share are calculated by the achieved proceeds, divided by the number of distributed shares.

 

§ 5 Return of Capital

The capital invested can only be returned in form of profit yielded by the project. A regular payback is, as all investors are herewith informed, not possible and hereby ruled out.

 

§6 Taxes

Every investor is obliged to pay tax on the obtained income in sole liability. No capital yield taxes or taxes of any other kind will be retained by RBH. The full amount of dividends will be distributed to the investors. Tax will have to be paid on the gains in full amount in the home country, as far as said country raises taxes on this sort of income.

 

§7 Repeated Risk Advice

In worst case scenario the capital invested can be subject to total loss. The investor should therefore adjust the amount provided to RBH to his or her personal circumstances. RBH will take all humanly possible measures to prevent a total loss. In an extreme case this would mean selling the project to financially strong third parties, in a minimum amount that would give the investors more than original deposit – namely including profit. However, for some years now, no business or corporation has been safe from measures taken by government and public authorities. Acquisition of shares is a high risk investment. We (RBH) cannot guarantee the height of income to be expected or the resulting cash return. Therefore only invest only then, if you can bear a total loss of the money you have deposited, without taking further harm. Never take up loans to invest! By purchasing shares you do not get a guarantee to future income, but you are investing in the chance of helping to establish something new and meaningful. Therefore we herewith point out said risks to you explicitly.

 

§8 Relationship between Investor and RBH

As supporters of objectivism and laisszes-faire capitalism the initiators of this project have one goal only: to manage, administer and increase the capital according to these principles. Our foundation is a honest and absolutely fair partnership, in which both partners , promote each other with all possibility and a - according to this contract - morally impeccable attitude, and also support this project as well as possible by their means.

 

§ 9 Further recommendation of these websites

This includes e.g. an “engaging” of further investors on a voluntary base, without force and without unfair practice, a recommendation based on an advertising message. The “facilitators” do not conclude contracts, and aren’t involved in any way in the relationship between investors and initiators. RBH rewards successful recommendations with a bonus system explained on respective pages, and/ or as received via e-mail.

 

§ 10 Terms of participation

Entitled to participation are all fully legally competent persons of age. RBH is entitled, to deny access to any partner applying to the system without giving a reason. Nobody has entitlement towards RBH this way. The partner acknowledges that RBH has the right to object the use of the partners hyperlink to the website at any time.

 

§ 11 Changes to the terms of participation

Changes to terms of participation are possible at any time and will be announced under adherence of 2 (two) week time. RBH will inform of and point out any changes to its contractual partners via e-mail and give the opportunity to have insight to the updated version. The partner has the right to object to these new terms within 14 days after announcement/ notification of the new terms and conditions. If RBH does not receive an objection within 14 days, the partner automatically agrees to the new terms and conditions that become a part of the existing terms of contract.

 

§ 12 Changes to contract

This agreement displays the contents of the contractual agreements between the involved parties and substitutes all possible agreements that were concluded between involved parties in terms of the contractual items and object of agreement. Side agreements, also those of verbal nature, have not been made. Changes or additions to the contractual agreements have to be made in written form. The same is valid for dispensation with requirement of written form.

 

§ 13 Partial nullity

In case of ineffectiveness or impracticability of one of the § of these agreements, the rest of the § stay effective, as well as practicable. All other terms of contract, than the one concerned, stay untouched.

 

§ 14 Other

This contract excludes all legal disputes between the contract partners. Conflicts will be solved in mutual agreement regarding the rules and regulations of lassez-faire-capitalism. The partners herewith agree, to help breach the spiral in their country of origin, that has obviously led to immorality and contentiousness, denunciation and an obviously erroneous comprehension of law and to work alone for the goal to multiplying the capital utilized and increasing the life standard of all persons involved (initiators and investors). Should this not be possible, the place of jurisdiction that takes effect is that in Belize.

 

§15 Applicable law/ governing law

The terms of law applicable are those of Belize.