LIBERTY COIN PURCHASE, SALE & USE AGREEMENT

Last Updated: February 1, 2025 (“Update Date”)

This Liberty Coin Purchase, Sale and Use Agreement (“Agreement”) certifies the purchaser (“Purchaser”) has agreed to purchase, sell and utilize Liberty Coins under the contractual terms and conditions of purchase, sale and use contained herein. Furthermore, by applying on www.libertycoingold.com (“Liberty Coin Network Site”) to purchase Liberty Coins and become a member of the Liberty Coin Network (“Liberty Coin Network”) you acknowledge that you have read, understand and expressly agree to all terms and conditions contained in this Liberty Coin Purchase, Sale and Use Agreement, the Liberty Coin Network Membership Agreement, the Liberty Coin Collateralization Agreement, the Liberty Coin Network Privacy Agreement and all other documents, attachments, terms and conditions contained on the Liberty Coin Network Site.

1. Definition and Limitations.

a. The Liberty Coin Network, and its various subsidiaries, affiliates, contractors, service providers, other related entities, and assigns (collectively “Affiliated Parties”) on a collective basis facilitate Liberty Coin transactions for members of the Liberty Coin Network.

b. Liberty Coin (“Liberty Coin” or “LC”) is a collateralized asset which transitions from a digital (pre-delivery) Liberty Coin collateralized 11:1 by proven gold-containing ore reserves held in trust to a physical (post-delivery) Liberty Coin containing 1 troy oz. of gold.

c. Liberty Coin’s valuation basis is primarily derived from its value at payoff (final delivery) as established by the price of 99.95% pure gold as quoted on the New York Commodity Exchange (COMEX) on the date of Liberty Coin physical delivery.

d. Liberty Coin’s assurance of ownership and collateralized protection are the pillars of its capacity to protect value.

e. The Liberty Coin Network is operated by and for its members. All prospective Liberty Coin owners must be approved by a Liberty Coin Network Membership Review Board prior to purchasing Liberty Coins.

f. The Liberty Coin Network is a for-profit corporation that charges its members transaction fees, account maintenance fees and other fees and costs to facilitate Liberty Coin transactions and other types of network usage and account related services. Members of the Liberty Coin Network are required to pay for all third-party transactional related fees and costs for each Liberty Coin purchase or sale transaction including bank service charges, credit card processing fees, international transaction fees and other third-party transaction fees and costs.

g. The Liberty Coin Network utilizes industry leading policies and procedures to implement Know Your Customer (KYC), U.S. Treasury Bank Secrecy Act (“BAC”), Anti-Money Laundering (“AML”), Title III of the U.S. Patriot Act (“Patriot Act”), U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), and other applicable regulations in jurisdictions in which it may operate for each member admitted to the network, as well as monitoring and re-verification procedures.

h. The Liberty Coin Membership Approval Committee thoroughly reviews each member applicant prior to admission and subsequent Liberty Coin purchase or sale. Member usage of the Liberty Coin Network is monitored as well as material changes in member financial condition.

i. The primary purpose of the Liberty Coin Network, on behalf of its members, is to facilitate Liberty Coin purchase and sales transactions and usage of member-owned Liberty Coins. Liberty Coins are the only type of asset that can be purchased, sold, owned, transacted or utilized on the Liberty Coin Network.

j. Liberty Coin buy/sell transactions can only occur between approved members of the Liberty Coin Network and the Liberty Coin Network itself. Each direct member-to-member (peer-to-peer) Liberty Coin buy/sell transaction is reviewed by Transaction Compliance to ensure it conforms to Liberty Coin Network policies and procedures prior to execution.

2. Liberty Coin Information.

a. Purchaser acknowledges it has thoroughly and completely reviewed all information contained on the Liberty Coin Network Site, and all Liberty Coin Network documents including this Liberty Coin Purchase, Sale and Use Agreement, Liberty Coin Network Membership Agreement, Liberty Coin Collateralization Agreement, and Liberty Coin Privacy Agreement (collectively the “Liberty Coin Information”), for which Purchaser acknowledges receipt, review and its express and unconditional agreement thereto. Purchaser agrees the Liberty Coin Information has provided it with a detailed and comprehensive understanding concerning Liberty Coin collateralization as set forth in Liberty Coin Collateralization Agreement, the operational and transactional usage of Liberty Coins on the Liberty Coin Network as set forth in the Liberty Coin Network Membership Agreement, as well as Liberty Coin competitive, operational, transactional, technological and regulatory advantages and disadvantages and potential benefits and risks. More broadly, Purchaser expressly and unconditionally agrees that the Liberty Coin Information has provided it with a detailed and comprehensive understanding concerning Liberty Coin purchase, sale, usage, collateralization, physical delivery, network, and membership, and any associated risks.

b. Purchaser acknowledges the Liberty Coin Information is subject to error and revision primarily due to uncertainty resulting from (1) Liberty Coin’s stage of growth, (2) Liberty Coin’s exposure to various market and governmental factors, and (3) Liberty Coin’s dependence on events that have yet to occur, all of which are outside the Liberty Coin Network’s control. Purchaser acknowledges the Liberty Coin Information may be revised by the Liberty Coin Network at any time, where the impact of any such revision may substantially alter the data, estimates, assumptions and projections contained in the Liberty Coin Information, the impact of which may be material.

c. Purchaser acknowledges and expressly agrees (1) it has completed an in-depth and exhaustive review of all Liberty Coin Information and has gained a thorough understanding of Liberty Coins, the Liberty Coin Network and the purchase, sale and use of Liberty Coins on the Liberty Coin Network, and (2) it has been given adequate opportunity to ask any questions, where all questions have been answered to its complete satisfaction by the Liberty Coin Network.

3. Liberty Coins.

a. Liberty Coin Holder. Any current or future owner of digital (pre-delivery) or physical (post-delivery) Liberty Coins shall be deemed a Liberty Coin Holder while the terms and conditions of this Agreement are in full force and effect (“Liberty Coin Holder”).

b. Liberty Coin Price Volatility. Liberty Coin Network may develop and implement certain Liberty Coin policies, guidelines, and rules. The Liberty Coin Network shall have the absolute right to establish all terms and conditions of Liberty Coin purchase, ownership, sale and use on the Liberty Coin Network without limitation.

c. Liberty Coin Usage. Liberty Coins are primarily utilized on the Liberty Coin Network for purchase and sale transactions between approved members of the Liberty Coin Network, including the Liberty Coin Network itself.

d. User Account. Purchaser will be given a unique User ID and Password for the Liberty Coins transferred to its online user account (“Liberty Coin Network Account”) after payment has been confirmed through the Liberty Coin Network’s payment processor.

e. Ownership Ledger. The Liberty Coin Network utilizes an immutable centralized digital ownership ledger (“Liberty Coin Ownership Ledger”) that creates a permanent chain of ownership to securely underwrite the authenticity and ownership of each Liberty Coin purchased and subsequently and continuously maintained and transacted the Liberty Coin Network. To maximize security multiple copies of the Liberty Coin Ownership Ledger are distributed. Identical copies of the Liberty Coin Ownership Ledger are also maintained off-line by the Liberty Coin Network to maximize security and integrity of Liberty Coin chain of ownership. Liberty Coin Holders are provided updates to their online Liberty Coin Network Account detailing Liberty Coin holdings each time a transaction is consummated, as well as updates reflecting changes to the value of its Liberty Coin holdings. A Liberty Coin owner’s online Liberty Coin Network Account shows their current transactions, account performance and transaction history.

f. Certificate of Ownership. Each Liberty Coin owner may also receive a certificate of ownership (“Liberty Coin Network Certificate of Ownership”) which shows the owner of record name and current number of Liberty Coins owned as of the effective date of the certificate, an updated copy of which may be distributed to each Liberty Coin Holder reflecting their latest transaction.

g. Authenticity and Theft Protection. Each Liberty Coin purchased and subsequently and continuously maintained on the Liberty Coin Network comes bundled with authenticity and theft protection (“Authenticity and Theft Protection”), which provides assurance of authenticity and coverage against theft for each Liberty Coin that is purchased and subsequently and continuously maintained on the Liberty Coin Network.

h. Liberty Coin Collateralization. Liberty Coins are collateralized by legally enforceable claims against certain gold-containing ore, tailings, and unprocessed material on the surface of historic United States gold mines (“Collateral”) according to the terms and conditions of the Liberty Coin Collateralization Agreement. Liberty Coin Holder enforcement of any claims or rights against the Collateral are fully independent from, and not associated with the Liberty Coin Network. Liberty Coin Holder expressly and unconditionally agrees that the Liberty Coin Network shall not be liable for any legal or other action Liberty Coin Holder undertakes to enforce its rights or claims against the Collateral as set forth in Liberty Coin Collateralization Agreement. Liberty Coin Holder expressly and unconditionally agrees to indemnify Liberty Coin Network for any costs or fees it incurs regarding Liberty Coin Holder’s legal actions against the Collateral and Liberty Coin Network shall place a hold on Liberty Coin Holder’s Account and sell its Liberty Coins in order to pay in full any Liberty Coin Network costs and fees incurred. Liberty Coin Holder agrees that Liberty Coin Network shall not be responsible for, or involved with, any communication or other actions between Liberty Coin Holder and the Collateral. Any questions concerning Collateral should be directed to [email protected].

i. Revocation of Protection Programs. The Liberty Coin Network Authenticity and Theft Protection Program requires that all Liberty Coin purchase and sale transactions take place on the Liberty Coin Network in accordance with Liberty Coin Network terms and conditions of purchase, sale and use and membership. Liberty Coins which are not transacted on the Liberty Coin Network (including any type of private or third-party non-Liberty Coin Network transaction) and/or not continuously held and maintained in Liberty Coin Network Accounts shall have their corresponding Liberty Coin Network Authenticity and Theft Protection Program coverage terminated. All Liberty Coins for which Liberty Coin Network Authenticity and Theft Protection Program coverage has been revoked/terminated cannot be subsequently transacted on, maintained on, or reinstated to the Liberty Coin Network and shall also be removed from collateralized protection as provided in the Liberty Coin Collateralization Agreement.

j. Transaction Facilitation Operations. The primary purpose of the Liberty Coin Network, on behalf of its members, is to facilitate direct member-to-member (peer-to-peer) purchases, sales, transactions and use of member-owned Liberty Coins, including Liberty Coins owned by Liberty Coin Network itself, with transactions, monitored, validated and verified through its payment processor(s) and by other means. Liberty Coins which are currently owned by approved members of the Liberty Coin Network, including the Liberty Coin Network itself, are the only type of asset that can be purchased, sold, transacted or utilized on the Liberty Coin Network.

k. Financing of Liberty Coins. Liberty Coin Holders can (1) finance a percentage of their Liberty Coin purchases in the form of margin-type or seller financing, or (2) finance a percentage of their net Liberty Coin equity position in the form of cash payout. Any such financing shall be reviewed and approved by the Liberty Coin Network on a case-by-case basis, where the Liberty Coin Holder shall be responsible to pay the costs of Liberty Coin Network to review the financing transaction, even if the financing transaction is not approved. No other type of financing, pledge, collateralization, mortgage, loan, securitization, hypothecation or encumbering of Liberty Coins shall be permitted.

l. Entity. The Liberty Coin Network is a for-profit corporation operated by and for its members to facilitate direct member-to-member (peer-to-peer) purchases and sales of member owned Liberty Coins, including Liberty Coins owned by the Liberty Coin Network itself.

m. Fees and Costs. The Liberty Coin Network charges its members transaction fees, account maintenance fees and other fees and costs to facilitate Liberty Coin transactions and other types of network usage and account related services. Members of the Liberty Coin Network are required to pay for all third-party transactional related fees and costs for each Liberty Coin purchase or sale transaction including bank service charges, debit card and credit card processing fees, international transaction fees and other third-party transaction fees and costs. Liberty Coin Network reserves the right to adjust its internal and third-party fee structure and any applicable discounts or waivers at any time without limitation. We will notify you of any Liberty Coin Network internal or third-party fees which apply to your transaction when you authorize a transaction and in each Liberty Coin Network purchase or sale invoice, confirmation, or notification, we issue to you.

n. Liberty Coin Purchases. The Liberty Coin Network in its sole and absolute discretion shall establish certain Liberty Coin purchase policies, procedures, rules, terms and conditions, which on a collective basis are intended to promote and achieve what the Liberty Coin Network on behalf of its member/owners determines to be efficient levels of Liberty Coin transaction volume and efficient operation of the network. Effective as of the Update Date shown above, Liberty Coin primary purchase terms are set forth as follows:

i. The minimum amount of Liberty Coins that can be purchased by new Liberty Coin Network members is one (1) Liberty Coin. The minimum amount of Liberty Coins that can be purchased by existing Liberty Coin Network members is one (1) Liberty Coin. Liberty Coins can only be purchased in whole units.

ii. There is no preset maximum amount of Liberty Coins that can be purchased.

iii. Your purchase price per Liberty Coin shall be shown on the purchase invoice of notification for the Liberty Coin delivery date(s) you have selected.

iv. Liberty Coin purchases can be made using physical cash, your PayPal account or by using a debit card or major credit card within the PayPal website (a debit card or credit card can also be used in the PayPal site even if you do not have an account). Liberty Coins can be purchased using virtually any foreign currency, although additional third-party currency conversion fees and other transaction costs may apply. 

iv. Liberty Coin can also be purchased with domestic and foreign currency. Physical currencies accepted include USD and a wide range of foreign currencies (including in-country payment collection to comply with any applicable currency controls) subject to certain limitations. Contact Liberty Coin at [email protected] for additional information regarding cash purchases.

vi. Liberty Coin purchases can also be made by bank transfer/wire.

o. Liberty Coin Sales. The Liberty Coin Network in its sole and absolute discretion shall establish certain Liberty Coin sales policies, procedures, rules, terms and conditions, which on a collective basis are intended to promote and achieve what the Liberty Coin Network on behalf of its member/owners determines to be efficient levels of Liberty Coin transaction volume and efficient operation of the network. Effective as of the Update Date shown above, Liberty Coin primary sales terms are set forth as follows:

i. The minimum amount of Liberty Coins that can be sold by existing Liberty Coin Network members is one (1) Liberty Coin. Liberty Coins can only be sold in whole units. A Liberty Coin Holder’s initial purchase of Liberty Coins on the Liberty Coin Network (“Initial Liberty Coin Purchase”) shall be subject to a daily Liberty Coin sales limit equal to the lesser of 10.0% of its initial Liberty Coins purchased or $1,000,000 in gross sale proceeds per day (“Initial Liberty Coin Sales Limit”). For example, if 10,000 of Liberty Coins were initially purchased and Liberty Coins are currently valued at $1,000 each ($10,000,000 account value), a maximum of $1,000,000 or 10.0% of a Liberty Coin Holder’s Liberty Coins could be sold per day. The Initial Liberty Coin Sales Limit shall remain in effect until the Liberty Coin Network on behalf of its member/owners determines that sufficient transactional volume and network efficiency exists to increase or eliminate the daily Initial Liberty Coin Sales Limit. The Liberty Coin Network may in its sole discretion increase, decrease or waive the Initial Liberty Coin Sales Limit on a case-by-case basis.

ii. General Liberty Coin Holdings shall be defined as any Liberty Coin holdings that were not originally part of a Liberty Coin Holder’s Initial Liberty Coin Purchase (“General Liberty Coin Holdings”). Sales of General Liberty Coin Holdings shall be subject to a daily Liberty Coin sales limit equal to equal to the lesser of 10.0% of a Liberty Coin Holder’s General Liberty Coin Holdings or $5,000,000 in gross sale proceeds per day (“General Liberty Coin Sales Limit”). For example, if 50,000 Liberty Coins were purchased over time and Liberty Coins are currently valued at $1,000 each ($50,000,000 account value), a maximum of $5,000,000 could be sold per day. The General Liberty Coin Sales Limit shall remain in effect until the Liberty Coin Network on behalf of its member/owners determines that sufficient transactional volume and network efficiency exists to increase or eliminate the daily General Liberty Coin Sales Limit. The Liberty Coin Network may in its sole discretion increase, decrease or waive the General Liberty Coin Sales Limit on a case-by-case basis.

iii. The chronological sales order of Liberty Coins shall be based on the first-in, first-out (FIFO) accounting method. For example, the first Liberty Coin purchased will be the first Liberty Coin sold, the second Liberty Coin purchased will be the second Liberty Coin sold, and so on.

iv. All Liberty Coins which are gained, received or obtained as the result of any type of transaction not involving the direct transfer of USD denominated funds, including but not limited to awards, gifts, exchanges and distributions, shall be subject to the Initial Liberty Coin Sales Limit and any Special Liberty Coin Sales Limit or sales restriction as may be imposed by the Liberty Coin Network on a case-by-case individual member basis, without limitation.

p. Personal Property. Liberty Coin Holder agrees that its Pre-Recycled Gold-Ore lying on the surface of each mine premises comprising the Property is classified as a purchase and sale of personal property, the same personal property classification as if Liberty Coin Holder purchased a pile of gravel lying on the ground.

4. Gold-Ore Recycling and Refining and Liberty Coin Minting and Delivery.

a. Gold Quality. The Pre-Recycled Gold-Ore will be refined to independently certified 99.95% (.9995) pure gold (“Certified 99.95% Pure Gold”). The Certified 99.95% Pure Gold contained in Liberty Coin Holder’s Pre-Recycled Gold Ore shall be measured in troy ounces where 1 troy ounce = 1.09714286 avoirdupois ounce also known as an English standard ounce. Each Liberty Coin shall contain 1 troy oz. of Certified 99.95% Pure Gold.

b. Minimum Purchase. The minimum purchase shall be one (1) Liberty Coin.

c. Automatic Resale or Physical Delivery. Liberty Coin Holders shall have the following two options: (i) elect automatic resale of its Liberty Coins for cash (USD), or (ii) elect physical delivery of its Liberty Coins.

i. Automatic Resale: Liberty Coin Holder can elect to have all or part of its Liberty Coins sold via prearranged “automatic” resale transactions, the transaction fee of which will be set forth to the Liberty Coin Delivery Notice sent to Liberty Coin Holder prior to physical delivery.

ii. Physical Delivery. Liberty Coin Holder can elect to have all or part of its Liberty Coins physical delivered to a secure location of its choosing, the delivery processing, insurance, and shipping fees of which will be set forth to the Liberty Coin Delivery Notice sent to Liberty Coin Holder prior to physical delivery.

d. Trust. A trust (“Trust”) on behalf of the Liberty Coin Network shall oversee the acquisition and processing of previously mined gold-containing ore, partially processed tailings, and unprocessed mineralized rock lying on the surface of one or more United States gold mines (“Pre-Recycled Gold-Ore”). The Pre-Recycled Gold Ore will be formally appraised, transported, processed, and refined to independently certified 99.95% (.9995) pure gold from LBMA accredited refineries, which will then be minted as 1 troy oz. Liberty Coins.

e. Trustee. A trustee (“Trustee”) with a minimum of 20-years of experience from one of the United States’ leading trust companies shall be appointed by Liberty Coin Network to administrate the Trust on behalf of Liberty Coin Holders (“Trustee”).

f. Trust Accounts. The total estimated operating costs to process and refine the Pre-Recycled Gold Ore shall be deducted from total Liberty Coin purchase proceeds and held in a dedicated Trust account to prepay all gold recycling expenses (“Gold Recycling Trust Account”). A general operating trust account will hold the balance of Liberty Coin purchase proceeds not held in the Gold Recycling Trust Account (“Operating Trust Account”). The Gold Recycling Trust Account and Operating Trust Account (collectively “Trust Accounts”) shall be held at a leading United States financial institution, such as JP Morgan Chase. The Trust and Trust Accounts shall be administered by Trustee. Only the purchase proceeds realized from the Liberty Coin Network’s issuance of digital pre-delivery, newly “minted”, and uncirculated Liberty Coins which have not been previously placed in circulation shall be held in the Trust Accounts. The purchase proceeds from previously “minted” or circulated Liberty Coins, including digital (pre-delivery) Liberty Coins and physical (post-delivery) Liberty Coins held in the Liberty Coin Network’s treasury accounts, operating accounts, vaults and other Liberty Coin investment and holding accounts and vaults, shall be exempt from the Trust Account deposit requirement and may be utilized for any legal purpose as determined by Trust.

g. Contract Gold Processor. Pre-Recycled Gold-Ore holdings shall be processed to Certified 99.95% Pure Gold by a leading United States mining services company with a minimum of 20-years of experience in processing, refining, recycling, reclamation, and closure of mines (“Contract Gold Processor”). Contract Gold Processor shall recycle the Pre-Recycled Gold-Ore to Certified 99.95% Pure Gold including testing, measurement, initial valuation, formal appraisal, removal, transportation, processing, refining, minting, and delivery. Contract Gold Processor shall ensure industry standard security, controls, procedures, and accounting systems are utilized so that the Pre-Recycled Gold-Ore is secured and accounted for at all times. Contract Gold Processor will administrate all operational aspects of recycling the Pre-Recycled Gold-Ore. Contract Gold Processor will report directly to Trustee. The Trust’s Trustee can terminate Contract Gold Processor for cause or performance, where Trustee shall promptly appoint a replacement contract gold processor.

h. Variances. Tested concentration of gold, surveyed quantity of gold, gold recovery rates, gold valuations and formal appraisals of the Certified 99.95% Pure Gold contained in the Gold-Containing Ore and Pre-Recycled Gold-Ore, spot gold prices, operational expenses, administrative expenses, gold recycling, processing, refining, and delivery time, results, market conditions, governmental and environmental regulations, restrictions, and approvals, etc. may differ from the assumptions, estimates, analysis, information, data, terms, conditions, projections, and forecasts contained in this Agreement the impact of which could be material (collectively “Variances”). Purchaser expressly acknowledges and agrees that in the event one or more of these Variances did in fact occur, it could potentially result in a Default for 100% of its Liberty Coins purchased, where Purchaser’s sole recourse and legal remedy in the event of Default is contained in section 5. Default. of the Liberty Coin Collateralization Agreement.

5. Liberty Coin Buy/Sell Order Imbalances. The Liberty Coin Network is currently in an early stage of growth. All Liberty Coin transactions are on a direct member-to-member (peer-to-peer) basis, with no broker/dealer to intervene to smooth out buy/sell order volatility or imbalances between buy and sell order volume. This means a backlog of sell orders can be created, a situation which can quickly occur even in established, high-volume markets that operate without broker/dealers. In situations where there is a high ratio of Liberty Coin sell orders to buy orders and overall Liberty Coin transactional volume is low it could likely require one or more days to fully execute a particular sell order.

6. Regulatory Compliance. The Liberty Coin Network is a for-profit corporation. The Liberty Coin Network utilizes policies and procedures to implement Know Your Customer (“KYC”), U.S. Treasury Bank Secrecy Act (“BAC”), Anti-Money Laundering (“AML”), Title III of the U.S. Patriot Act (“Patriot Act”), U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), and other applicable regulations in jurisdictions in which it may operate for each member admitted to the network, as well as monitoring and re-verification procedures. The Liberty Coin Membership Approval Committee reviews each member applicant and their financial condition prior to admission. Furthermore, member usage is monitored as well as material changes in member financial condition. The Liberty Coin Network is operated by and for its thoroughly and continuously vetted members to facilitate direct member-to-member (peer-to-peer) purchases and sales of member-owned Liberty Coins,  including those owned by Liberty Coin Network itself.

The primary mission of world’s securities and banking regulatory agencies is to protect the public, with the vast majority of those jurisdictions applying an established set of industry standard banking and securities policies, regulations and laws based on that of the United States. While Liberty Coins or the Liberty Coin Network do not meet the definition of a security or financial institution, as a matter of policy all aspects of the Liberty Coin Network are designed to conform to globally accepted banking and securities industry standards. Based on these and other material factors, the Liberty Coin Network is deemed to be exempted from registration or licensing as a securities broker, dealer, exchange or financial institution and accordingly is not registered or licensed with the United States Securities and Exchange Commission or other local, state, national or international regulatory entity where it may operate. However, given the rapidly evolving regulatory environment, registration or licensure in one or more jurisdictions may be required in the future, where the Liberty Coin Network shall (1) endeavor to promptly comply with any applicable registration and licensing requirements, (2) challenge those requirements that its legal counsel determines are being inappropriately applied, or (3) cease operations in those jurisdictions. In the event the Liberty Coin Network in its sole discretion determines it cannot legally, economically or operationally comply with any jurisdiction’s applicable regulatory requirements and ceases operations in that particular jurisdiction, future membership applicants from the affected jurisdictions would likely be excluded and current members of the Liberty Coin Network from the affected jurisdiction (1) could be required to place their Liberty Coin holdings in an legally compliant third-party controlled escrow or trust account, or (2) potentially be required to liquidate the entirety of their Liberty Coin holdings.

7. Liberty Coin Network Membership and Board of Directors. The Liberty Coin Network is a for-profit corporation. The Liberty Coin Network Board of Directors (“Board”) is comprised of five (5) director seats. The Board is responsible for all aspects of the Liberty Coin Network including operations, policies, standards and procedures. Purchaser or Liberty Coin Holders do not hold any (a) rights to appoint Board directors or officers of the Liberty Coin Network, or (b) hold any type of direct or indirect ownership, equity, debt, or rights interest or any other interest in the Liberty Coin Network including its website, technology, or any type of personal, intangible, real, financial or custodial asset.

8. Liability Disclaimer, Waiver and Indemnity.

a. Purchaser expressly acknowledges and agrees that the Liberty Coin Network has no control over Liberty Coin marketability, liquidity or pricing including but not limited to asking or selling prices, bids or quotes, final purchase and sale prices, losses, gains, volatility, performance, volume, liquidity, demand, supply and regulatory requirements, and therefore Liberty Coin Network cannot and does not ensure, warrant, or guarantee marketability, liquidity or pricing of Liberty Coins on the Liberty Coin Network.

b. By purchasing Liberty Coins the Purchaser expressly acknowledges and declares that it fully understands that its Liberty Coins may experience volatility in pricing, marketability and liquidity and that Purchaser accepts all risks relating to its Liberty Coin purchase, sale and use on the Liberty Coin Network.

c. If as a Purchaser the terms and conditions of this Agreement are not acceptable or as a Purchaser you do not understand the nature and extent of the risks associated with purchasing or selling Liberty Coins or risks of using the Liberty Coin Network, then you should not purchase Liberty Coins and terminate your membership in the event it has already been approved.

d. Purchaser expressly agrees that that it will not seek to hold the Liberty Coin Network liable for any monetary losses or any special, incidental, or consequential damages arising from, or which are in any way connected or related to Purchaser’s Liberty Coin account, Liberty Coin Network escrow services, trust services, transactions, operations, Liberty Coin prices, values, liquidity and volatility, or liability in any way connected to past, current or future Liberty Coin demand, supply, purchase or sale, or to the marketability, distribution, holding or use of Liberty Coins.

e. Purchaser will have the sole responsibility to ensure that you as Purchaser have a good understanding of usage, storage and transmission mechanisms associated with Liberty Coins and the Liberty Coin Network. Purchaser expressly agrees that purchases of Liberty Coins should be undertaken only by individuals, entities, or organizations that have a thorough understanding of financial assets/products, commodities (specifically rare earths and precious and non-precious metals and minerals) and the mining industry.

f. The Liberty Coin Network will not keep record of personal or user customized/privately configured account-level names (user names) and passphrases (passwords), or other personal data and it is not in the Liberty Coin Network’s ability or power to recover lost, forgotten or stolen personal or user customized/privately configured account-level names (user names) or passphrases (passwords), or other personal data, and therefore Liberty Coin Network will not be held responsible for any loss of, or inability to access Purchaser’s Liberty Coin Network Account which may occur as a result of any type of actions taken by, or omitted or accidentally or incidentally made by Purchaser or any third party.

g. Although the Liberty Coin Network will endeavor to maintain all systems, servers and software, for which they have control, in an up-to-date and secure state, neither the Liberty Coin Network nor its Affiliated Parties shall be held responsible or liable for any losses or any special, incidental, or consequential damages arising from any unauthorized or malicious actions by any third party which may breach the Liberty Coin Network security and resulted in theft of data, account information, user account-level names (user names) or passphrases (passwords).

h. To the fullest extent permitted by law the Liberty Coin Network shall not be liable for any loss or damage hereunder, including without limitation any inaccuracy of data, loss of principal, loss of profits, missed opportunities, cost of damage assessment, mitigation costs, out of court recovery costs, legal costs, special, incidental or consequential damages, current or future, arising from this Agreement and its terms and conditions. To the fullest extent permitted under the laws governing this Agreement and its terms and conditions, Purchaser waives any rights of claim or recourse against the Liberty Coin Network related to the aforementioned losses or damages, and agrees to indemnify the Liberty Coin Network against claims of third parties related to the ownership, sale or use of Purchaser’s Liberty Coins.

i. Liberty Coin Network relies on intellectual property rights. The Liberty Coin Network also relies on proprietary technology that it endeavors to protect through one or of the following: patents, licensing arrangements, trade secrets, copyrights, trademarks, proprietary know-how and non-disclosure agreements. There can be no assurance that any potential future patent application(s) filed by the Liberty Coin Network will be granted or that any future patents or legally enforceable rights, regardless of whether the Liberty Coin Network is an owner or a licensee of the patent or other rights, will not be challenged, rendered unenforceable, invalidated, or circumvented or that the rights will provide a competitive advantage to the Liberty Coin Network.

j. The Liberty Coin Network’s success will depend in part on its ability to attract and retain personnel. The Liberty Coin Network’s success is particularly dependent upon recruiting and retaining its executive officers and other key employees on an ongoing and long-term basis including CEO, CFO, CTO, COO, CMO, etc. The Liberty Coin Network’s future success will also depend upon its ability to attract and retain highly qualified operational-level personnel, especially in the areas of finance, technology and marketing. The market for the executive officers, key employees and specialized and highly trained operational-level and finance, technology and marketing personnel that the Liberty Coin Network requires is highly competitive. The Liberty Coin Network may not be successful in hiring, retaining or developing a sufficient supply of qualified individuals.

k. THE PURCHASER AGREES TO NOT RELY ON (1) ANY ORAL INFORMATION, (2) ANY INFORMATION OTHER THAN THE LIBERTY COIN INFORMATION AS DEFINED IN SECTION 2. OF THIS AGREEMENT, OR (3) ANY INFORMATION OF ANY TYPE NOT CONTAINED OR SPECIFICALLY REFERENCED IN THIS AGREEMENT.

l. THIS AGREEMENT MAY CONTAIN PROJECTIONS OR STATEMENTS DEEMED TO BE FORWARD-LOOKING WITHIN THE MEANING OF THE SECURITIES ACT, THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED BY THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”), THEREUNDER. ANY PROJECTIONS CONTAINED IN THIS AGREEMENT ARE NOT HISTORICAL FACTS. WHEN USED IN THIS AGREEMENT, THE WORDS “FORECAST,” “ENVISION,” “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT,” “PLAN,” “PREDICT,” “MAY,” “WILL,” “SHOULD,” “COULD,” “WOULD”, “CAN,” THE NEGATIVE THEREOF OR OTHER VARIATIONS THEREON OR COMPARABLE TERMINOLOGY, ARE INTENDED TO IDENTIFY PROJECTIONS IN TO THE FUTURE, BUT ARE NOT THE EXCLUSIVE MEANS OF IDENTIFYING THEM. WHILE PROJECTIONS IN TO THE FUTURE MAY BE BASED ON CERTAIN HISTORICAL TRENDS, CURRENT CONDITIONS, EXPECTED FUTURE DEVELOPMENTS AND OTHER FACTORS, SUCH STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND  OTHER FACTORS, MANY OF WHICH ARE BEYOND THE CONTROL OF THE LIBERTY COIN NETWORK OR ITS AFFILIATED PARTIES, ARE DIFFICULT TO PREDICT AND COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED, FORECASTED OR PROJECTED BY THE LIBERTY COIN NETWORK OR ITS AFFILIATED PARTIES. CERTAIN OF THESE RISKS AND UNCERTAINTIES ARE DESCRIBED IN THIS AGREEMENT; PROVIDED THAT SUCH RISKS AND UNCERTAINTIES ARE INTENDED TO BE ILLUSTRATIVE AND NOT EXHAUSTIVE. PROSPECTIVE PURCHASERS ARE CAUTIONED NOT TO RELY ON ANY PROJECTIONS OR FORECASTS THAT MAY BE CONTAINED IN THIS AGREEMENT.

m. THERE CAN BE NO ASSURANCE THAT THE RESULTS THE LIBERTY COIN NETWORK ANTICIPATES WILL BE REALIZED OR, EVEN IF SUBSTANTIALLY REALIZED, THAT THEY WILL HAVE THE EXPECTED CONSEQUENCES TO OR EFFECTS ON THE LIBERTY COIN NETWORK OR ITS BUSINESS OR OPERATIONS OR THE USAGE, TRANSACTION VOLUME, PRICES OR LIQUIDITY OF LIBERTY COINS. THE PROJECTIONS OR FORECASTS CONTAINED IN THIS AGREEMENT SPEAK ONLY AS OF THE UPDATE DATE OF THIS AGREEMENT. THE LIBERTY COIN NETWORK ASSUMES NO OBLIGATION TO UPDATE ANY PROJECTIONS OR FORECASTS (IF ANY), WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.

n. IMPORTANT FACTORS TO CONSIDER IN EVALUATING SUCH PROJECTIONS OR FORECASTS (IF ANY) INCLUDE BUT ARE NOT LIMITED TO: (I) CHANGES IN EXTERNAL COMPETITIVE MARKET FACTORS WHICH MIGHT IMPACT TRENDS IN THE LIBERTY COIN NETWORK’S OPERATIONS; (II) CHANGES IN LIBERTY COIN NETWORK WORKING CAPITAL AND OTHER CASH REQUIREMENTS; (III) GENERAL CHANGES IN THE INDUSTRY IN WHICH THE LIBERTY COIN NETWORK COMPETES; (IV) FAILURE OF LIBERTY COIN NETWORK TO OBTAIN MEMBER/USERS; AND (VI) VARIOUS OTHER COMPETITIVE OR REGULATORY FACTORS THAT MAY PREVENT THE LIBERTY COIN NETWORK FROM COMPETING SUCCESSFULLY IN THE MARKETPLACE OR LIMITING OR ELIMINATING ITS ABILITY TO ECONOMICALLY PROCESS GOLD-CONTAINING MATERIAL AND REFINE, MINT, AND DELIVER LIBERTY COINS . IN LIGHT OF THESE RISKS AND UNCERTAINTIES, ACTUAL RESULTS COULD DIFFER MATERIALLY FROM PROJECTIONS (IF ANY) CONTAINED IN THIS AGREEMENT.

o. THE INFORMATION CONTAINED IN THIS AGREEMENT IS ASSUMED TO BE ACCURATE ONLY AS OF THE UPDATE DATE OF THIS AGREEMENT, REGARDLESS OF THE TIME OF DELIVERY OF THIS AGREEMENT OR ACTUAL DELIVERY DATE(S) OF LIBERTY COINS.

p. PURCHASING LIBERTY COINS INVOLVES RISK. YOU AS PURCHASER SHOULD CAREFULLY CONSIDER THE RISK FACTORS SET FORTH AND CONTAINED IN THIS AGREEMENT, AS WELL AS ALL OTHER INFORMATION SET FORTH AND CONTAINED IN THE LIBERTY COIN NETWORK SITE BEFORE DECIDING WHETHER TO PURCHASE LIBERTY COINS.

9. Liberty Coin Purchases, Ownership, and Sales Terms, Conditions and Risks. 

a. Subject to and in accordance with the conditions set out below, Purchaser may purchase Liberty Coins. The acquisition of Liberty Coins on the Liberty Coin Network implies and is evidence that Purchaser entered into this Agreement to purchase Liberty Coins by agreeing to all of its terms and conditions without limitation. This Agreement includes the payment obligation by Purchaser in U.S. Dollars (USD) to Liberty Coin Network’s primary payment processor, or other payment processor(s) it may designate, and the delivery of the selling member’s Liberty Coins, or the Liberty Coin Network as seller, to Purchaser. By purchasing Liberty Coins, you as Purchaser expressly declare, represent and warrant that:

i. You as Purchaser meet and fully understand the requirements and conditions of Liberty Coin purchases, sale and use as set forth in this Agreement.

ii. You as Purchaser have read carefully the terms and conditions in this Agreement, and you agree to their full contents and you accept to be legally bound by them.

iii. You as Purchaser are above 18 years old or you have reached the age in which you are qualified to enter into a contractual relationship in the country and province in which you reside.

iv. You as Purchaser have full authorization to act on behalf of the legal entity which will purchase the Liberty Coins if acting on behalf of a legal entity.

v. You as Purchaser live in a jurisdiction which allows the purchase, sale and use of Liberty Coins on the Liberty Coin Network without requiring any local authorization.

vi. You will not use the Liberty Coins for any illegal activity, including but not limited to money laundering and the financing of terrorism.

vii. You as Purchaser have sufficient knowledge about the nature of financial assets and commodities and you have a good understanding of the purchase, sale, usage, systems and services of financial assets/products, commodities (specifically rare earths and precious and non-precious metals and minerals) and the mining industry. 

viii. You as Purchaser are familiar with all related regulations in the specific jurisdiction you are based in and that the purchase, sale and use of assets such as Liberty Coins is not prohibited, restricted or subject to additional conditions of any kind; participants cannot purchase Liberty Coins if there are applicable legal restrictions in their country of residence. It is the responsibility of each purchaser to know these laws and take them into consideration before their purchase of Liberty Coins.

ix. You as Purchaser are purchasing Liberty Coins strictly based on their utility to you as an individual Liberty Coin owner.

x. You as Purchaser intend to hold Liberty Coins purchased over a long-term period of ownership.

xi. You as Purchaser expressly agree that you are not purchasing Liberty Coins for the purpose of speculative or short-term ownership, sale or usage.

xii. You as Purchaser waive your right to participate in a class action lawsuit or a class-wide arbitration against the Liberty Coin Network or its Affiliated Parties.

b. Prior to participation/purchase, you as Purchaser are strongly advised to carefully consider the exemplary and non-exhaustive list of risks set forth in this Agreement and, to the extent necessary, consult a qualified financial advisor, attorney, accountant, and/or tax professional.

i. Regulatory authorities are carefully scrutinizing, and initiating regulation of businesses and operations associated with assets and networks such as Liberty Coins and Liberty Coin Network around the world, including the SEC in the United States. In that respect, regulatory measures, investigations or actions may impact the Liberty Coin Network’s business and even limit or prevent it from developing its operations in the future. Any person undertaking to acquire Liberty Coins must be aware that the Liberty Coin Network’s business model and the terms and conditions regarding use of Liberty Coins may change or require modification as the result of new, or anticipated, regulatory and compliance requirements from any applicable laws in any jurisdictions in which it may operate. In such case, Purchasers and any person undertaking to acquire, sell or use Liberty Coins acknowledge and expressly agree that neither the Liberty Coin Network nor any of its Affiliated Parties shall be held liable for any direct or indirect loss or damages caused by such regulatory actual or anticipated changes.

ii. The purchasing of Liberty Coins shall grant the Purchaser no direct influence in the Liberty Coin Network or its Affiliated Parties and shall not in any way constitute acquiring of an equity interest, common shares of stock or a creditor interest in the Liberty Coin Network or its Affiliated Parties. The ownership of Liberty Coins does not constitute Purchaser as a common stock shareholder or equity interest holder in, or creditor of, the Liberty Coin Network, it does not grant Purchaser a right to present itself as a common stock shareholder, equity interest holder or creditor of the Liberty Coin Network. The ownership of Liberty Coins does not give Purchaser any rights associated with being a common stock shareholder, equity interest holder or creditor in the Liberty Coin Network nor any intellectual property rights including but not limited to the Liberty Coin Network’s technology, software and its software applications, trade secrets, proprietary information, and methods of doing business.

iii. The Liberty Coin Network utilizes policies and procedures to implement Know Your Customer (“KYC”), U.S. Treasury Bank Secrecy Act (“BAC”), Anti-Money Laundering (“AML”), Title III of the U.S. Patriot Act (“Patriot Act”), U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), and other applicable regulations in jurisdictions in which it may operate for each member admitted to the network, as well as monitoring and re-verification procedures.

The primary mission of world’s securities and banking regulatory agencies is to protect the public, with the vast majority of those jurisdictions applying an established set of industry standard banking and securities policies, regulations and laws based on that of the United States. While Liberty Coins or the Liberty Coin Network are deemed to not meet the definition of a security or financial institution, as a matter of policy all aspects of the Liberty Coin Network are designed to conform to globally accepted banking and securities industry standards. Based on these and other material factors, the Liberty Coin Network is deemed to be exempted from registration or licensing as a securities broker, dealer, exchange or financial institution and accordingly is not registered or licensed with the United States Securities and Exchange Commission or other local, state, national or international regulatory entity where it may operate. However, given the rapidly evolving regulatory environment, registration or licensure in one or more jurisdictions may be required in the future, where the Liberty Coin Network shall (1) endeavor to promptly comply with any applicable registration and licensing requirements, (2) challenge those requirements that its legal counsel determines are being inappropriately applied, or (3) potentially cease operations in those jurisdictions.

In the event the Liberty Coin Network in its sole discretion determines it cannot legally, economically or operationally comply with any jurisdiction’s applicable regulatory requirements and ceases operations in that particular jurisdiction, all future membership applicants from the affected jurisdictions would likely be excluded and current members of the Liberty Coin Network from the affected jurisdiction (1) could be required to place their Liberty Coin holdings in a legally compliant third-party controlled escrow or trust account, or (2) possibly be required to liquidate the entirety of their Liberty Coin holdings. Any necessary liquidation will be conducted in an orderly manner by the Liberty Coin Network.

iv. The Liberty Coin Membership Approval Committee reviews each member applicant prior to admission and subsequent Liberty Coin purchase or sale. Furthermore, member usage is monitored as well as any material change in member financial condition. The Liberty Coin Network is operated by and for its members to facilitate direct member-to-member (peer-to-peer) purchases and sales of member owned Liberty Coins, including Liberty Coins owned by the Liberty Coin Network itself. 

v. Nothing in this Agreement or its terms and conditions should be regarded as an invitation or solicitation of investment or promise of profit or financial gain in whatever form and does not construe, relate or pertain in any way or should be regarded to be an offering of securities of any kind in any jurisdiction.

The Liberty Coin Network is not a financial institution and does not provide investment services, including investment advice, or any other licensed financial services according to applicable law. Neither the Liberty Coin Network nor its Affiliated Parties shall be considered as an advisor in any legal, tax or financial matters. Liberty Coins should not be regarded as fiat money, electronic money or digital currency, or financial instruments, investments or securities with particular status or subject to regulative framework of any kind according to applicable law.

vi. To the full extent permitted by law neither the Liberty Coin Network nor its Affiliated Parties shall be liable for any loss or damage hereunder, including without limitation any inaccuracy of data, loss of principal, loss of profits, or indirect, special, incidental or consequential damages, arising from this Agreement or its terms and conditions, from the purchase or sale of Liberty Coins or from the software and its use or inability of use, even if such party has been advised of the possibility of such damages.

10. Liberty Coin Network Representations

a. Liberty Coin Network has the power and authority to own, lease, license and operate and carry on its business as now conducted.

b. The execution, delivery and performance by the Liberty Coin Network of this Agreement is within the power of the Liberty Coin Network and has been duly authorized by all necessary actions on the part of the Liberty Coin Network. This Agreement constitutes a legal, valid and binding obligation of the Liberty Coin Network, enforceable against the Liberty Coin Network in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity.

c. No consents or approvals are required in connection with the performance of this Agreement, other than: (i) the Liberty Coin Network’s corporate or membership approvals; (ii) any qualifications or filings under applicable securities laws; and (iii) necessary corporate approvals for the authorization of Liberty Coins purchasable under the terms and conditions of this Agreement.

11. Purchaser Representations

a. The Purchaser has full legal capacity, power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes a valid and legally binding obligation of the Purchaser, enforceable in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity.

b. In the event Purchaser is a natural person, Purchaser agrees (i) that its current and expected future financial condition over the next five (5) years is such that its initial purchase of Liberty Coins represents less than 5.0% of its tangible net worth (total assets less total liabilities excluding the probable market value of its personal residence and the current amount of any debt financing associated with that residence), and (ii) that its current and expected income over the next five (5) years is such that it can comfortably hold the total amount of Liberty Coins purchased for an indefinite period of time, and agrees to promptly notify Liberty Coin Network in the event its current and expected future financial condition materially deteriorates.

c. In the event Purchaser is not a natural person (i.e. a corporation or other type of legal entity), Purchaser agrees (i) that its current and expected future financial condition over the next five (5) years is such that its initial purchase of Liberty Coins represents less than 5.0% of its tangible net worth (total assets less total liabilities), and (ii) that its current and expected income over the next five (5) years is such that it can comfortably hold the total amount of Liberty Coins purchased for an indefinite period of time, and agrees to promptly notify Liberty Coin Network in the event its current and expected future financial condition materially deteriorates.

d. The Purchaser is entering into this Agreement and acquiring Liberty Coins for its own account, not as a nominee or agent for a third party or beneficiary.

e. Purchaser has been given adequate opportunity to ask questions of and receive answers to and review additional information from the Liberty Coin Network, including the Liberty Coin Information, concerning the terms and conditions of Liberty Coin purchase, sale and use, the merits and risks of purchasing, selling and using Liberty Coins, and all manner of merits and risks related to the Liberty Coin Network itself, where the Liberty Coin Information and answers received from Liberty Coin Network have satisfied Purchaser in full. Purchaser has also made its own independent investigations of the Liberty Coin Network, including the merits and risks involved with purchasing, owning and selling Liberty Coins, its investigation of which have satisfied Purchaser in full.

f. Purchaser expressly and unconditionally agrees to all terms and conditions contained in this Agreement.

12. Governing Law, Legal Jurisdiction, Fees and Costs, Legal Name

a. This Agreement and all rights and obligations hereunder constitutes the entire agreement between the parties and shall be governed by and construed in accordance with the laws of Nevis, West Indies without application or reference to principles of conflicts of law.

b. Each party to this Agreement hereby irrevocably consents and agrees that any legal action, suit or proceeding with respect to this Agreement shall be brought in a court located in Nevis, West Indies, and each of the parties hereby irrevocably accepts and submits to the jurisdiction of such courts with respect to any such action, suit or proceeding.

c. Each party to this Agreement irrevocably agrees that all posting of bonds, legal fees, court costs and costs of collection shall be paid in accordance with the customs and laws of Nevis, West Indies. In the event no applicable Nevis, West Indies or laws governing posting of bonds, legal fees, court costs and collection costs that arise under the terms of this Agreement are in existence, each party will be responsible for all of its own bonds, expenses, fees, and costs without limitation including all legal fees and court costs it may incur as the result of any dispute, legal action, suit, proceeding or costs of enforcing or collecting any judgment awarded and in no event shall the prevailing party be entitled to reimbursement from the losing party in regard to any costs of its legal action including its court costs, attorney fees, and costs of enforcing or collecting any judgment awarded.

d. If a court decides that any sentence, clause, provision, or section of this Agreement is invalid or unenforceable, that provision shall be severed, and the other parts of this Agreement shall still apply. In any case, the remainder of this Agreement, will continue to apply and be of full force and effect.

e. Notwithstanding any other provision of this Agreement, any translation of this Agreement is provided for your convenience. The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language only. Any translation provided may not accurately represent the information in the original English language.

f. The legal name of the Liberty Coin Network is Liberty Coin Network Corporation, a for-profit corporation duly authorized and incorporated under the laws of Nevis, West Indies.

13. Force Majeure. We shall not be liable for delays, failure in performance or interruption of service or delay in initiating or finalizing Liberty Coin purchase or sale transactions or use of the Liberty Coin Network which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, health crisis, infection, virus, pandemic, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions of this Agreement.

14. Communication.

a. All general communication should be directed to [email protected] or 775.295.5482.

b. All Liberty Coin purchase related communication should be directed to [email protected] or 775.295.5482.

c. All Liberty Coin sales related communication should be directed to [email protected] or 775.295.5482.

d. All Liberty Coin ownership, account, technical, and other support related communication should be directed to [email protected] or 775.295.5482.

e. All Liberty Coin collateral related communication should be directed to [email protected] or 775.295.5482.

15. E-Sign and Communications Disclosure

This policy describes how Liberty Coin Network delivers communications to you electronically. We may amend this policy at any time by providing a revised version on the Liberty Coin Network Site. The revised version will be effective at the time we post it.

a. Electronic Delivery of Communications: You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures (collectively, “Communications”) that we provide in connection with your Liberty Coin Network Account and your use of Liberty Coin Network Services. Communications include the following.

i. Terms of use and policies you agree to in the Liberty Coin Network Membership Agreement, Liberty Coin Purchase and Sale Agreement, Liberty Coin Collateralization Agreement, and Liberty Coin Privacy Agreement, including updates to these agreements and all information contained within the Liberty Coin Network Site;

ii. Liberty Coin Network Account details, history, transaction receipts, confirmations, ownership ledgers, and any other account or transaction information;

iii. Legal, regulatory, and tax disclosures or statements we may be required to make available to you; and

iv. Responses to claims or customer support inquiries filed in connection with your Liberty Coin Network Account.

We will provide these Communications to you by posting them on the Liberty Coin Network Site, emailing them to you at the primary email address listed in your Liberty Coin Network Account, communicating to you via instant chat, and/or through other electronic communication such as text message or mobile push notification.

b. Hardware and Software Requirements: In order to access and retain electronic Communications, you will need the following computer hardware and software:

i. A device with an Internet connection;

ii. A current web browser that includes 128-bit encryption with cookies enabled;

iii. A valid email address (your primary email address on file with Liberty Coin Network); and

iv. Sufficient storage space to save past Communications or an installed printer to print them.

c. How to Withdraw Your Consent: You may withdraw your consent to receive Communications electronically by contacting us at [email protected]. If you fail to provide information requested or if you withdraw your consent to receive Communications electronically, Liberty Coin Network reserves the right to immediately close your Liberty Coin Network Account.

d. Updating Your Information: It is your responsibility to provide us with your true, accurate and complete e-mail address and contact information, and to keep such information up to date in Liberty Coin Network Account. You understand and agree that if Liberty Coin Network sends you electronic Communications but you do not receive them because your primary email address on file is incorrect, out of date, blocked by your service provider, or you are otherwise unable to receive electronic Communications, Liberty Coin Network will be deemed to have provided the Communications to you. You may update your email and contact information using your online Liberty Coin Network Account or by contacting our support team at [email protected].

16. Additional Definitions

The libertycoingold.com website and mobile app, Liberty Coin Network, Liberty Coin Exchange, and this Agreement contain various references which are defined as follows: (1) all references to gold, gold ore, and gold-containing metals or minerals shall be defined as gold equivalent ounces (GEO), (2) all references to GEO  shall include all forms of valuable precious metals, rare earths, and industrial metals and minerals that can be economically monetized prior to Liberty Coin delivery, (3) all references to surface gold, surface gold ore, surface ore, or GEO found on the surface of mines shall include any underground deposits of precious metals, rare earths, and industrial metals and minerals, and (4) all references to mines including historic mines, abandoned mines, operating mines, etc. shall be defined as any type of abandoned, closed, or operating surface or underground mine located anywhere in the world.

17. Miscellaneous

a. Neither this Agreement nor the rights contained herein may be assigned, by operation of law or otherwise, by Purchaser without the prior written consent of the Liberty Coin Network. We reserve the right to assign our rights without restriction, including without limitation to any Liberty Coin Network affiliates or subsidiaries, or to any successor in interest of any business associated with the Liberty Coin Network. Any attempted transfer or assignment in violation hereof shall be null and void.

b. Subject to the foregoing, this Agreement will bind and inure to the benefit of the parties, their successors and permitted assigns.