THROUGH HIS PAYMENT, THE INVESTOR AGREES WITH THE FOLLOWING :

The investor decided that Julien Gerbi has the necessary abilities to driver race cars on professional racetracks and in high-level international championships.

From his side, Julien Gerbi agrees to pursue his sport career as long as his mental, motivational and physical capacities will allow him to do so.

1-1 Object

The investor engages himself to participate to Julien Gerbi’s career financement. This amount will help the driver to pay the necessary material (racecar rental, consumables, travelling and expenses) related to the exercice of motorsport.

1-2 Investor’s Obligations

The investor doesn’t have any obligation other than the payment of his investment.

1-3 Julien Gerbi’s Obligations

Julien Gerbi engages himself to exercice his activity with professionalism, and with the essential seriousness and determination needed to succeed a high-level racedriver career.

Julien Gerbi engages himself to send the appropriate package to the investor, as planned on the website. If an issue is constated in the reception of the package, Julien Gerbi will have to resend it. For particular packages including VIP Passes and/or Driving Stages, the VIP Passes and/or Driving Stage dates will be decided accordingly to the driver’s and the investor’s availability. In the case the investor misses the event, he won’t be able to request any further changement or any other VIP Passes and/or Driving Stage for his current investment package.

1-4 Investor’s Rights

Through this investment, the investor enters in a shareholder agreement. This will allow him to own shares on Julien Gerbi’s incomes as a racedriver. Those incomes include :
- salaries from teams as a racedriver
- prize results as a racedriver
- publicity contracts other than sponsorship (ie. other than participating to the financement of Julien Gerbi’s career) so considered as a proper salary

Julien Gerbi will return 50% of all those incomes to all his investors, proportionally to the investment they made in comparaison to the global financement he has needed at the moment he get paid. The 50% will be shared before any tax calculation, and will last as long as Julien Gerbi’s career until his retirement, major incapacity or death.

For example :
- a 700 euros investment, for a 700.000 euros global necessary private investment, will give to the investors a 1/1000 share. If Julien earns 1.4 million euros per year, all the investors will earn 700.000 euros per year, and this particular investor will get a 700 euro return per year. The sponsors’ participation shares, included in the global financement necessary, will also be shared proportionally to all the investors.

On December 31st of each year will be established an investment declaration explaining exactly the evolution of the shares. The investor’s shares will be calculated each year, in order to determine his proportion in the global program.

The investor completly agrees and understands his shares are evolutives, regarding the global investment needed to acheive Julien Gerbi’s goal. The driver will need, during several years, investments helping him to reach a professional status, and the investor agrees that further investments would mandatory grow up the global amount, and would minimize his shares pourcentage. His final shares will be determined when Julien Gerbi won’t need any further financement and will be fully paid as a racecar driver.

Nevertheless, the investor is allowed to make other investments, which would increase his shares and could promote him to a higher package. In case of several investment made by the same investor, his shares will be cumulative.

The investor is allowed to yield his shares in his heritage or for charity organisations. A notarized declaration will be needed to update the shares owner’s name in case of death. In absence of any declaration, the shares will go proportionally to the investor’s closest family member : husband or wife and children aged over 18.

The investor has a legal right of 7 days to ask for his refund. If he eventually changes his mind before the 7 days legal timeframe, he will be refunded, but the eventual transfer costs will remain at his charge. If the investor changes his mind after the 7 days legal timeframe, no refund will be allowed.

1-5 Julien Gerbi’s Rights

The investor leaves to Julien Gerbi a total freedom regarding his career and lifestyle choices, which won’t suffer any obligation other than described in the article 1-3.

The investor recongnizes and accepts the risks related to his investment, and agrees and understands he is not allowed to request any other fund returns other than described in the article 1-4.