AFIMA
Agreement to Facilitate Investment Market Action
(AFIMA)
Process
1. Period of Performance
2. Scope of Work
3. Deliverable Materials
4. Responsibilities: Raven Enterprise
5. Responsibilities: The Client
6. Fee Schedule & Asset Allocation
7. Statements, Invoices, & Out-of-Pocket Expenses
8. Completion Criteria
9. AFIMA Change Procedure
10. Beneficiaries
Period of Performance
This Agreement to Facilitate Investment Market Action (AFIMA) is officially issued to The Client: (NAME), by Raven Enterprise LLC effective: (START DATE). In the event of any conflict or inconsistency between the terms of this (AFIMA) and the terms of this Agreement, the terms of this (AFIMA) shall govern and prevail.
This (AFIMA) #: (NUMBER), (hereinafter called the “AFIMA”), effective on (START DATE), is entered into by and between Raven Enterprise LLC, and The Client: (NAME), is subject to the terms and conditions specified below. The Exhibit(s) to this AFIMA shall be deemed to be a part hereof. In the event of any inconsistencies between the terms of the body of this AFIMA and the terms of the Exhibit(s) hereto, the terms of the body of this AFIMA shall prevail.
The AFIMA shall commence on (START DATE) and shall continue through (END DATE).
Note: Raven Enterprise LLC offers 1–10-year contracts for adults and 18-21-year contracts for children under the age of 5 years.
Note: The AFIMA contract timeline commences 90 days after the market is initially entered, so be sure to allow time for initial bank deposits and transfers when entering your desired AFIMA start date.
Scope of Work
Unless otherwise specified, Raven Enterprise LLC will enter the cryptocurrency market by facilitating The Client’s gross deposit—minus a 5% fee—evenly in daily increments for a total of 90 days until all funds are expended. After Raven Enterprise LLC has entered the entirety of The Client’s funds, as stated above, the official timeline of the AFIMA will commence.
Upon expiration of the AFIMA and a qualified withdrawal is completed; a 5% fee will be deducted from The Client’s withdrawal.
Note: The Client has the option to exit their position at ANY time but will incur a 10% penalty if a withdrawal request is submitted, approved, and fulfilled before the original AFIMA end date.
Note: This is the standard procedure for Raven Enterprise LLC unless otherwise specified. The Client has the option to contribute any additional amount at any time with Raven Enterprise LLC but will require an additional AFIMA to be drafted.
Deliverable Materials
Raven Enterprise LLC offers exposure to the following cryptocurrencies:
Ripple Labs (XRP) | Stellar Lumens (XLM) | XinFin (XDC) | Algorand (ALGO) Hedera Hashgraph (HBAR) | Cardano (ADA) | Quant (QNT) | Digital Silver (XAG) | & Digital Gold (XAU)
Responsibilities: Raven Enterprise
Raven Enterprise LLC is not liable for any losses incurred during or after the initiation process of this AFIMA. Our responsibilities include but are not limited to facilitation and oversight of funds, account security/encryption, privacy, transparency, client account maintenance, and ultimately profit delivery through either cash payout or blockchain transfer from Raven Enterprise LLC to The Client.
Responsibilities: The Client
The Client is responsible to honor the terms of this AFIMA by:
1. Not submitting premature withdrawal requests unless under financial hardship, as it will incur a 10% penalty of the total amount credited to The Client by Raven Enterprise LLC.
2. Renewing contracts only if it is in their best interest to do so at the time of AFIMA renewal.
3. Maintaining a healthy relationship with their investment(s) by not concerning themselves with or worrying too much about daily price fluctuations.
Note: A newer asset class like cryptocurrency is bound to have short-term volatility.
Fee Schedule & Asset Allocation
This AFIMA will be conducted on a three-tier fee structure:
1. Raven Enterprise LLC will assume 5% of The Client’s initial gross deposit at AFIMA open.
2. Raven Enterprise LLC will assume 5% of the Client’s end gross withdraw at AFIMA close.
3. Client selects the assets they desire Raven Enterprise to facilitate funds into.
Note: If the terms of this AFIMA are violated by an early withdraw request and fulfilled, Raven Enterprise LLC will assume 10% of The Client’s end gross withdraw at AFIMA close.
Statements, Invoices, &
Out-of-Pocket Expenses
The Client will receive zero dollars in fees or service charges other than the ones previously mentioned in the “Fee Schedule & Asset Allocation” Section of this AFIMA. Raven Enterprise LLC prides itself on honesty, transparency, integrity, and never taking more than needed to remain operable/scale business at a healthy rate for the mutual benefit of The Client and Raven Enterprise LLC. Invoices are rendered to The Client upon request or upon completion of any of the three procedures in the “Fee Schedule & Asset Allocation” of this AFIMA.
Note: Statements will be sent to The Client via hard copy in a physical letter envelope by Raven Enterprise LLC to The Client semi-annually by default, unless otherwise agreed upon in this AFIMA.
Completion Criteria
Raven Enterprise LLC shall have fulfilled its obligations to The Client when any one of the following occurs:
1. Raven Enterprise LLC reaches a profit zone equal to or greater than 38% of the asset(s) The Client has chosen. After which, the 10% penalty for early withdrawal is nullified if the selected asset(s) remains in profit at or above 38% at the time of early withdrawal completion.
Note: This stipulation is only valid if The Client chooses early withdrawal while in profit equal to or greater than 38%.
2. Raven Enterprise LLC accomplishes its goal in the set contract timeline, henceforth issuing remittances to The Client via cash payout or blockchain transfer.
Note: A blockchain transfer may incur additional fees depending upon the desired network.
Note: The Client has the right to cancel at ANY time for services not yet rendered by Raven Enterprise LLC but must provide Raven Enterprise LLC advanced, written notice within seven business days after the initial AFIMA signature date to avoid an early withdrawal fee of 10%.
AFIMA Change Procedure
The following process will be followed if a change to this AFIMA is required:
1. An AFIMA change request will be the vehicle for communicating change. The request must describe the change, the rationale for the change, and the effect the change will have on the AFIMA.
2. Raven Enterprise LLC and The Client will review the proposed AFIMA Change and determine whether to submit the request for further action.
3. Raven Enterprise LLC and The Client must mutually agree upon any changes for such action, if any. If the change is authorized, The Client and Raven Enterprise LLC will sign the AFIMA change, which will constitute approval for the AFIMA change.
4. The change will determine the effect the implementation of the AFIMA change will have on the initial AFIMA and implement the updated terms and conditions within the AFIMA.
5. Upon completion of the AFIMA change, both parties will review the impact of the proposed change and, if mutually agreed upon, the AFIMA change will be executed.
6. A written AFIMA change must be signed by both parties to authorize the implementation of the proposed changes.
Beneficiaries
The Client may designate one or more beneficiaries (primary and/or contingent) to receive any remaining balance, assets, profits, or proceeds managed under this AFIMA in the event of the Client’s death or legal incapacity. Designation shall be made on Raven Enterprise LLC’s official Beneficiary Designation Form (or by clear written notice accepted by Raven Enterprise LLC), which must be signed by The Client, dated, and delivered to Raven Enterprise LLC at the address listed above. The designation becomes effective only upon Raven Enterprise LLC’s written acknowledgment of receipt.
The Client may change or revoke any beneficiary designation at any time by submitting a new signed form in the same manner.
In the absence of a valid beneficiary designation on file with Raven Enterprise LLC, or if all designated beneficiaries predecease the Client or are legally unable to accept the distribution, any remaining assets shall be distributed to the Client’s estate or legal representative in accordance with applicable law.
Upon Raven Enterprise LLC’s receipt of satisfactory proof of the Client’s death (certified death certificate) or incapacity (court order or equivalent legal documentation), and after verification of the beneficiary’s identity, Raven Enterprise LLC shall facilitate payout or blockchain transfer of the Client’s account balance to the designated beneficiary(ies), subject to:
Deduction of any applicable fees under the “Fee Schedule & Asset Allocation” section;
1. The 5% withdrawal fee (or 10% early-withdrawal penalty if applicable);
2. Any network or blockchain transfer fees; and
3. Compliance with all anti-money-laundering, tax withholding, and regulatory requirements.
Raven Enterprise LLC shall not be liable for delays caused by legal proceedings, probate, or third-party verification requirements. This Beneficiary Designation section survives the expiration or termination of the AFIMA.
Note: Raven Enterprise LLC strongly recommends that The Client consult with a licensed estate-planning attorney or qualified financial advisor when completing or updating beneficiary designations to ensure alignment with the Client’s overall estate plan and applicable state/federal laws.