1. Scope of Services

Crypto Mint will provide the Buyers of the Bitcoin ATMs the equipment and software necessary to operate a Crypto ATM machine capable of conducting Buy and Sell transactions of various cryptocurrencies, including but not limited to Bitcoin. Crypto Mint will also identify suitable locations for the operation of the Bitcoin ATMs. Under this Agreement, Buyers of the Bitcoin ATMs will pay a 2% fee per transaction for the software provided by Pegasus Partners. Buyers also agree to split profits generated from transaction fees on a 60/40 (Buyer/Crypto Mint) basis, in favor of the Buyers, for the management and maintenance of the Machines. Payouts will be proportioned at the end of every 30 day cycle and will be paid by the following 10th on the calendar. Software fees will be deducted from any distributions to the Buyer. 

2. Term of Agreement

The Term of the Agreement is open-ended. The Buyers can terminate this Agreement any time and assume full control of servicing and maintaining their Machines and maintain full access to the Software.

3. Rights and Responsibilities

Buyers will retain full control of their Machines and will have unrestricted access to the backend software, enabling them to view transaction history and fees generated in real-time. Crypto Mint, under this Agreement, is solely responsible for the placement, servicing, and maintenance of the Machines while Buyers are under this Agreement. Buyers can withdraw from this Agreement at any time and take control of their Machines. Software maintenance for the Bitcoin ATMs will be provided by Pegasus Partners in exchange for the Software Fee.

4. Fee and Payments

Buyers will purchase Bitcoin ATMs under a Purchase Agreement, which will stipulate the quantity and payment instructions, including the Software fee. Buyers will pay Crypto Mint 2% per transaction for the right to use the software.

5. Machine Ownership and Usage

Buyers will maintain ownership rights of the Machines they purchase. Buyers have the option to operate their machines independently if they choose not to participate in this Agreement. 

6. Liability and Indemnification

Crypto Mint will not be held liable to the Buyers for any matters not related to the operation and maintenance of the Machines under this Agreement. The Machines are the sole responsibility of the Buyers, and Buyers agree to maintain any required liability and indemnification insurance while the Machines are in operation in a commercial setting.

7. Termination Clause

Buyers can terminate this Agreement and opt to operate and service their machines using the Software provided by Crypto Mint, at any time. Any transaction fees owed from Machines that were operational in the field before disconnection will be paid to the Buyers on the regular payment cycle.

8. Confidentiality and Data Security

8.1. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary information exchanged during the course of this Agreement.

8.2. Data Security: Both parties will take reasonable measures to secure any data related to this Agreement, including but not limited to transactional fee reports.

9. Dispute Resolution

In the event of disputes, Buyers will contact Crypto Mint to address concerns via email at info@cryptomintatms.com or by phone. Any disputes that cannot be resolved amicably will be subject to mediation and, if necessary, binding arbitration in accordance with Michigan law.

10. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of the State of Michigan. The parties agree that any disputes arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in the State of Michigan.

11. Force Majeure

Neither party shall be liable for any failure or delay in performing its obligations under this Agreement due to circumstances beyond its reasonable control, including but not limited to acts of God, natural disasters, government regulations, war, strikes, or any other events considered as "Force Majeure."

12. Amendments and Modifications

Any amendments or modifications to this Agreement shall be made in writing and signed by both parties.

13. Entire Agreement

This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, representations, and understandings, whether oral or written.