Agreement governing the direct sale of digital tokens from an issuer to a purchaser, including price, delivery, vesting and lockup schedules, and regulatory representations.
The Token Purchase Agreement is a ready-to-use technology & digital template you can send for signature in minutes. It is written for 2 signers (issuer and purchaser) and, by default, expires 30 days after it is sent if left unsigned. It covers web3, token, crypto. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Token Purchase Agreement This Token Purchase Agreement (this "Agreement") is entered into as of the date last signed below (the "Effective Date") by and between: **Issuer:** ___________, a ___________ organized under the laws of ___________ ("Issuer"); and **Purchaser:** ___________, with a principal address at ___________ ("Purchaser"). --- ## 1. Background 1.1 Issuer has created or intends to create a digital token known as ___________ (ticker symbol: ___________) (the "Token") in connection with a blockchain network or protocol (the "Protocol"). 1.2 Purchaser desires to purchase from Issuer, and Issuer desires to sell to Purchaser, a specified quantity of Tokens on the terms and conditions set forth herein. 1.3 The parties acknowledge that the regulatory treatment of digital tokens varies by jurisdiction and is subject to change. Nothing in this Agreement constitutes an offer or solicitation in any jurisdiction where such offer or solicitation is unlawful. --- ## 2. Definitions 2.1 **"Blockchain"** means ___________, the distributed ledger on which the Tokens are issued. 2.2 **"Purchase Price"** means ___________ per Token (the "Token Price"), for an aggregate purchase price of ___________ (the "Total Purchase Price") for ___________ Tokens. 2.3 **"Delivery Date"** means the date on which Issuer delivers the Tokens to Purchaser's designated wallet address, which shall be no later than ___________ business days following receipt of the Total Purchase Price. 2.4 **"Lockup Period"** means the period of ___________ months following the Delivery Date during which Purchaser may not transfer, sell, or dispose of the Tokens, subject to the exceptions in Section 5.3. 2.5 **"Vesting Schedule"** means the schedule pursuant to which Tokens become freely transferable following the Lockup Period, as set forth in Section 5. --- ## 3. Purchase and Sale 3.1 **Sale of Tokens.** Subject to the terms and conditions herein, Issuer agrees to sell and deliver to Purchaser, and Purchaser agrees to purchase from Issuer, the number of Tokens set forth in Section 2.2 at the Token Price. 3.2 **Payment.** Purchaser shall pay the Total Purchase Price in ___________ to the account or wallet designated by Issuer in writing. Payment must be received in full by Issuer before Tokens are delivered.