EX1A-6 MAT CTRCT 17 rseaex6z230.htm PURCHASE AGREEMENT IN RESPECT OF SERIES #08LEBRON ASSET

RALLY


Exclusive Purchase Agreement

 

As of February 19, 2021

 

This exclusive purchase agreement (the “Purchase Agreement”) is made between RSE Archive, LLC (“Purchaser” or “us”) and Louis Papa (“Seller” or “you”) with regard to the assets described below (each individually an “Asset”, collectively the “Assets”).

 

Key Deal Points:

§You are the exclusive, unencumbered owner of the Asset(s), and you have honestly and accurately represented the Asset(s) to the best of your knowledge and ability. 

§We have agreed with you to a purchase price and form of consideration to be paid for each Asset, as outlined below. 

§For a period of time from the date of this Purchase Agreement (the “Period”), you grant us the exclusive right to purchase the Asset(s). 

 

Your Rights & Obligations:

§You maintain possession of the Asset(s) throughout the Period. 

§You will store, maintain, and insure the Asset(s) as part of your inventory and consistent with the manner in which they were stored, maintained, and insured prior to the date of this Purchase Agreement. 

§You will provide us with reasonable access to the Asset(s) for the creation of marketing materials.  Marketing materials remain our property. 

§You will not advertise the Asset(s) online, in print, on social media, or with a third-party dealer or listing service without our prior written agreement. If the Asset(s) is already listed or advertised for sale Advisor will remove such listing or advertisement in its entirety, including any residual mention of item being "for sale”. 

 

The Results:

§Seller will receive payment of the Consideration for the associated Asset(s), as outlined below. 

 

Other:

§This Purchase Agreement may be modified or amended only with the prior written consent of both the Purchaser and Seller. 


1


RALLY


Asset:

2008 Metal Universe PMG Green LeBron James

Description:

Graded BGS 9 Cert. #0006597935

Total Acquisition Cost:

$ 150,000.00

Consideration:

Cash (%)

Equity (%)

Total

 

$ 125,000.00 (83.33%)

$   25,000.00  (16.66%)

$ 150,000.00

Other Terms:

   Down Payment

   Equity

 

$ 125,000.00 due on signing

$   25,000.00 in equity due upon opening of offering

 

 

 

 

Additional Terms & Conditions:

 

 

Acknowledged and Agreed:

 

 

 

By: /S/ George Leimer

 

By: /S/ Louis Papa

RSE Archive, LLC

 

SELLER

Name:George Leimer 

 

Name: Louis Papa

Title: Chief Executive Officer 

 

Title: Principal


2