Energea Portfolio 5 LATAM LP AUTO-REINVESTMENT AGREEMENT
This Auto-Reinvestment
Agreement (this "Agreement") is entered into on ________________, by and
between Energea Portfolio 5 LATAM LP, a Delaware limited partnership (the "Company")
and the investor identified on the Investor Information Sheet attached ("Purchaser"
or "you").
I. The
Company is offering for sale Class A Investor Shares pursuant to an Offering
Circular filed on Form 1-A with the United States Securities and Exchange
Commission on July 25, 2025 (the "Disclosure Document").
II. If
you have not previously invested in the Company and if you invest in the
Company you will be a limited partner of the Company and bound by the Company's
Limited Partnership Agreement dated June 17, 2025 (the "Partnership
Agreement").
III. The
Purchaser either (i) desires to make an initial purchase of Class A Investor
Shares and desires to purchase additional Class A Investor Shares using
proceeds of distributions received from Company on a periodic basis after the
date hereof on the terms and conditions set forth herein, or (ii) purchased
Class A Investor Shares pursuant to an investment agreement and now desires to
purchase additional Class A investor Shares using proceeds of distributions
received from Company on a periodic basis hereafter on the terms and conditions
set forth herein.
NOW,
THEREFORE, acknowledging the receipt of adequate consideration and intending to
be legally bound, the parties hereby agree as follows:
1.
Defined Terms. Capitalized terms that are not otherwise defined
in this Agreement have the meanings given to them in the Disclosure Document.
We refer to your Class A Investor Shares subscribed for hereunder as the "Shares."
2.
Initial Purchase of Shares
2.1. Initial Purchase of
Shares. Subject to the terms and conditions of this Agreement and if your
proposed initial subscription is accepted by the Company in its sole
discretion, the Company hereby agrees to sell to the Purchaser, and the
Purchaser hereby agrees to purchase from the Company, that number of Shares set
forth on the Investor Information Sheet under the heading "Initial Investment",
for the price set forth on the Investor Information Sheet under the heading "Initial
Investment" (the "Initial Purchase"). The Purchaser will be admitted as
a Limited Partner at the time this Agreement is accepted and executed by the
General Partner and the payment for your Shares in the Initial Purchase is
received by the Company and the Purchaser hereby irrevocably agrees to be bound
by the Partnership Agreement as a Limited Partner and to perform all
obligations contained in the Partnership Agreement.
2.2. No Right to Cancel.
The Purchaser does not have the right to cancel its subscription with respect
to the Initial Purchase or change its mind. Once the Purchaser signs this
Agreement, the Purchaser is obligated to purchase the Shares in the Initial
Purchase if the Purchaser's subscription in the Initial Purchase is accepted by
the Company, no matter what.
2.3. Our Right to Reject
Initial Purchase. In contrast, the Company has the right to reject the
Purchaser's subscription in the Initial Purchase for any reason or for no
reason, in its sole discretion. If the Company rejects the Purchaser's
subscription in the Initial Purchase, any subscription by the Purchaser to
purchase additional Shares under Section 3 will be rejected as well and
any money you have given to the Company will be returned to the Purchaser. This
Agreement will be deemed to be accepted by, and will be binding against, the
Company only upon its execution and delivery to of this Agreement to the
Purchaser.
2.4. Notwithstanding anything
herein to the contrary, this Section 2 shall not apply in the event that
the Purchaser has already purchased Shares pursuant to an investment agreement
which was accepted by the Company.
3. Purchase
of Additional Shares.
3.1. Subject to the terms and
conditions of this Agreement, the Purchaser hereby agrees the Purchaser hereby
agrees to use a portion of the amount of the distributions from the Company to
purchase additional Shares (the "Additional Shares") on the terms and
conditions set forth herein (purchases made with such distributions being the "Auto-Reinvestments").
The percentage of distributions paid to the Purchaser which Purchaser elects to
use to make Auto- Reinvestments shall be:
________ % of the
Purchaser's distributions.
3.2. Price of Additional
Shares. The price of Additional Shares to be purchased by Purchaser hereunder
shall be the same price at which Class A Investor Shares are then being offered
in the Offering.
3.3. Opt Out. The
Purchaser may cancel or pause the Auto-Reinvestments from the Purchaser's
online Energea account settings (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇/▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇▇▇▇),
or by giving the Company at least (30) calendar days' notice (via email).
3.4. Termination Upon
Conclusion of Offering. By law, Purchaser will no
longer be permitted to make Auto-Reinvestments after the Offering is
terminated. Notwithstanding anything herein to the contrary, Purchaser
acknowledges and agrees that the Company may cutback or reduce the amount of
any Auto-Reinvestment if and to the extent that such reduction is necessary so
that the Company does not issue more Class A Investor Shares than it is
authorized to issue (it being acknowledged and agreed that multiple persons may also enter into similar agreements providing
for additional investment and or automatic reinvestment into Class A
Investor Shares and that any cutbacks which may be necessary due to such
agreements, shall be made by the Company in its sole and absolute discretion and
shall not be required to be pro-rata). Any cutbacks made of the number of
Shares which Purchaser may purchase hereunder, shall not be considered a breach
of this Agreement.
4. Limit
On The Amount A Non-Accredited Investor Can Invest. As discussed in the
Disclosure Document (see the section captioned "Limit
On The Amount A Non-Accredited Investor Can Invest "), the law limits
how much an investor who is not "accredited" within the meaning of 17 CFR
§230.501(a) may invest in the Offering. These limits apply to all Shares
purchased by Purchaser, including additional purchases under this Agreement. Purchaser shall be responsible to comply with the limits
set forth herein (if applicable) and Purchaser shall limit their purchases
hereunder accordingly. To the extent the Company determines that the
investor has met or exceeded the maximum amount of Class A Investor Shares such
investor is permitted purchase under applicable law, the Company (i) may
terminate Auto-Investments made by the investor prior to such investor reaching
its purchase limits as a non-accredited investor, or (ii) cutback those number
of Class A Investor Shares purchased by such investor in excess of such limits.
5. Purchaser
Promises. Purchaser makes the following promises, which are true and correct as of the date hereof and which by acceptance
of any Shares after the date hereof, are and will be true and correct as of the
date and purchase of any Shares:
5.1. Accuracy of Information.
All of the information Purchaser has given to the Company, whether in this
Investment Agreement or otherwise, is accurate and the Company may rely on it.
If any of the information Purchaser has given to the Company changes, either
before or after any purchase of Shares or the Company accepts Purchaser's Initial
Purchase, Purchaser will notify the Company immediately.
5.2. Risks. Purchaser
understands all the risks of investing, including the risk that Purchaser could
lose all Purchaser's money. Without limiting that statement, Purchaser has
reviewed and understands all the risks listed in the Disclosure Document.
5.3. No Representations.
None of the Company, the General Partner or any of their respective
representatives have made any promises or representations to Purchaser, except
the information in the Disclosure Document. None of the Company, the General
Partner or any of their respective representatives have guaranteed any
financial outcome of Purchaser's investment.
5.4. Opportunity to Ask
Questions. Purchaser has had the opportunity to ask questions about the
Company and the investment. All such questions have been answered to
Purchaser's satisfaction.
5.5. Legal Power to Sign and
Invest. Purchaser has the legal power, capacity and authority to sign this
Agreement and purchase the Shares pursuant to this Agreement.
5.6. No Government Approval.
Purchaser understands that no state or federal authority has reviewed this
Agreement or the Shares or made any finding relating to the value or fairness
of the investment.
5.7. No Transfer.
Purchaser understands that under the terms of the Partnership Agreement, the
Shares may not be transferred without complying with the terms of the
Partnership Agreement (which includes a right of first refusal in favor of the
Company on certain transfers of Shares). Also, securities laws limit transfer
of the Shares. Finally, there is currently no market for the Shares, meaning it
might be hard to find a buyer. As a result, Purchaser is prepared to hold the
Shares indefinitely.
5.8. No Advice. The
Company has not provided Purchaser with any investment, financial, or tax
advice. Instead, the Company has advised ▇▇▇▇▇▇▇▇▇ to consult with his, her or
its legal and financial advisors and tax experts.
5.9. Tax Treatment. The
Company has not promised Purchaser any particular tax outcome from buying or
holding the Shares.
5.10. Acting on Own Behalf.
▇▇▇▇▇▇▇▇▇ is acting on his, her, or its own behalf in purchasing the Shares,
not on behalf of anyone else.
5.11. Investment Purpose.
Purchaser is purchasing the Shares solely as an investment, not with an intent
to re-sell or "distribute" any part of them.
5.12. Anti-Money Laundering Laws.
5.12.1.Purchaser's
investment will not, by itself, cause the Company to be in violation of any
"anti-money laundering" laws, including, without limitation, the United States
Bank Secrecy Act, the United States Money Laundering Control Act of 1986, and
the United States International Money Laundering Abatement and Anti-Terrorist
Financing Act of 2001.
5.12.2.If Purchaser is
a natural person, none of the money used to purchase the Shares was derived
from or related to any activity that is illegal under "anti-money laundering"
laws, and Purchaser is not on any list of "Specially Designated Nationals" or
known or suspected terrorists that has been generated by the Office of Foreign
Assets Control of the United States Department of Treasury ("OFAC"), nor
is Purchaser a citizen or resident of any country that is subject to embargo or
trade sanctions enforced by OFAC.
5.12.3.If Purchaser is
an entity, to the best of Purchaser's knowledge based upon appropriate
diligence and investigation, none of the money used to purchase the Shares was
derived from or related to any activity that is illegal under applicable law.
Purchaser has received representations from each of its owners such that it has
formed a reasonable belief that it knows the true identity of each of the
ultimate investors in Purchaser. To the best of Purchaser's knowledge, none of
its ultimate investors are on any list of "Specially Designated Nationals" or
known or suspected terrorists that has been generated by OFAC, nor is any such
ultimate investor a citizen or resident of any country that is subject to
embargo or trade sanctions enforced by OFAC.
5.13. Additional Information. At
the Company's request, Purchaser will provide further documentation verifying
the source of the money used to purchase the Shares.
5.14. Disclosure. Purchaser
understands that the Company may release confidential information about
Purchaser to government authorities if the Company determines, in its sole
discretion after consultation with its lawyers, that releasing such information
is in the best interest of the Company or if the Company is required to do so
by such government authorities.
5.15. Additional Documents.
Purchaser will execute any additional documents the Company requests if the
Company reasonably believes those documents are necessary or appropriate and
explains why.
5.16. No Violations. Purchaser's
purchase of the Shares will not violate any law or conflict with any contract
to which Purchaser is a party.
5.17. Enforceability. This
Agreement is enforceable against Purchaser in accordance with its terms.
5.18. No Inconsistent Statements.
No person has made any oral or written statements or representations to
Purchaser that are inconsistent with the information in this Agreement and the
Disclosure Document.
5.19. Financial Forecasts.
Purchaser understands that any financial forecasts or projections are based on
estimates and assumptions the Company believes to be reasonable but are highly
speculative. Given the industry, our actual results may vary from any forecasts
or projections.
5.20. Notification. If ▇▇▇▇▇▇▇▇▇
discovers at any time that any of the promises in this Section 5 are
untrue, Purchaser will notify the Company right away.
5.21. Legality in Non-U.S.
Jurisdictions. If Purchaser is not a citizen or resident of the United
States, Purchaser represents that the offering of Shares conducted by the
Company, and Purchaser's purchase of Shares, are lawful under the laws of the
jurisdiction where Purchaser is a citizen and/or resident.
5.22. Knowledge. Purchaser has
enough knowledge, skill, and experience in business, financial, and investment
matters to evaluate the merits and risks of the investment.
5.23. Financial Wherewithal.
Purchaser can afford this investment, even if ▇▇▇▇▇▇▇▇▇ loses his, her or its
money. Purchaser doesn't rely on this money for his, her or its current needs,
like rent or utilities.
5.24. Individuals. If Purchaser
is a natural person (not an entity), Purchaser is a citizen or permanent
resident (green card) of the United States.
5.25. Entity Purchasers. If
Purchaser is a legal entity, like a corporation, partnership, or limited
liability company, Purchaser also promises that:
5.25.1.Good
Standing. Purchaser is validly existing and in good standing under the laws
of the jurisdiction where it was organized and has full entity power and
authority to conduct its business as presently conducted and as proposed to be
conducted.
5.25.2.Other
Jurisdictions. Purchaser is qualified to do business in every other
jurisdiction where the failure to qualify would have a material adverse effect
on Purchaser.
5.25.3.Authorization.
The execution and delivery by Purchaser of this Agreement, Purchaser's
performance of its obligations hereunder, the consummation by Purchaser of the
transactions contemplated hereby, and the purchase of the Shares, have been
duly authorized by all necessary entity action.
5.25.4.Investment
Company. Purchaser is not an "investment company" within the meaning of the
Investment Company Act of 1940, as amended.
5.25.5.Information
to Purchasers. Purchaser has not provided any information concerning the
Company or its business to any actual or prospective investor, except the
Disclosure Document, this Agreement, and other written information that the
Company has approved in writing in advance.
6. Confidentiality.
The Company shall maintain and keep confidential such information that
Purchaser provides to the Company in connection with this Agreement.
7. Re-Purchase
of Shares. If the Company determines that Purchaser has provided the
Company with inaccurate information or otherwise violated Purchaser's
obligations, or if required by any applicable law or regulation related to
terrorism, money laundering, and similar activities, the Company may (but shall
not be required to) repurchase the Shares for an amount equal to the amount
Purchaser paid for them less the amount of any distributions received from the
Company.
8. Governing
Law. This Agreement shall be governed by the internal laws of Delaware
without giving effect to the principles of conflicts of laws. Purchaser hereby
(i) consents to the personal jurisdiction of the Delaware courts or the Federal
courts located in or most geographically convenient to Wilmington, Delaware,
(ii) agrees that all disputes arising from this Agreement shall be prosecuted
in such courts, (iii) agrees that any such court shall have in personam
jurisdiction over Purchaser, and (iv) consents to service of process by notice
sent in accordance with Section 11 and/or by any means authorized by
Delaware law, and (v) agrees that if the Purchaser is not otherwise subject to
service of process in Delaware, to appoint and maintain an agent in Delaware to
accept service, and to notify the Company of the name and address of such
agent.
9. Execution
of Partnership Agreement. If the Company accepts the Purchaser's Initial
Purchase, then the Purchaser's execution of this Agreement will also serve as
the Purchaser's execution of the Partnership Agreement, just as if the
Purchaser had signed a paper copy of the Partnership Agreement.
10. Consent to Electronic
Delivery. Purchaser agrees that the Company may deliver all notices, tax
reports and other documents and information to Purchaser by email or another
electronic delivery method the Company may choose pursuant to the email address
set forth on the Investor Information Statement. ▇▇▇▇▇▇▇▇▇ agrees to tell the
Company right away if Purchaser changes his, her or its email address or home
mailing address so the Company can send information to the new address.
11. Notices. All notices
under this Agreement will be electronic. Purchaser will contact the Company by
email at ▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇. The Company will contact Purchaser by email at the
email address on the Investor Information Sheet. Either party may change his,
her, or its email address by notifying the other (by email). Any notice will be
considered to have been received on the day it was sent by email, unless the
recipient can demonstrate that the email wasn't delivered to the recipient's
inbox.
12. Limitations on Damages.
12.1. THE COMPANY WILL NOT BE LIABLE TO
PURCHASER FOR ANY LOST PROFITS OR SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES,
EVEN IF PURCHASER NOTIFIES THE COMPANY THAT PURCHASER MIGHT INCUR THOSE
DAMAGES. This means that at most, ▇▇▇▇▇▇▇▇▇ can sue the Company for the amount
of his, her, or its investment. Purchaser can't sue us the Company anything
else. However, the foregoing limitation of damages does not apply to claims
arising under the Federal securities laws.
12.2. Purchaser further agrees that
neither the Company, the General Partner nor any of their respective
affiliates, nor their respective managers, officers, directors, members, equity
holders, employees or other applicable representatives (collectively, the "Covered
Persons"), will incur any liability (a) in respect of any action taken upon
any information provided to the Company by Purchaser or for relying on any
notice, consent, request, instructions or other instrument believed, in good
faith, to be genuine or to be signed by properly authorized persons on behalf
of Purchaser, including any document transmitted by email or (b) for adhering
to applicable anti-money laundering obligations whether now or later in effect.
13. Indemnification. To
the extent permitted by law, Purchaser agrees that Purchaser will indemnify and
hold harmless the Covered Persons from and against any and all direct and
indirect losses, damages, liabilities, costs or expenses (including reasonable
attorneys' and accountants' fees and disbursements), whether incurred in an
action between the parties hereto or otherwise, and including without
limitation any liability which results directly or indirectly from the Company,
the General Partner and their respective Affiliates becoming subject to ERISA
or Section 4975 of the Code (collectively, "Losses") which the Covered
Persons may incur by reason of or in connection with this Agreement or any
information Purchaser provided or provides to the Company and the transactions
contemplated thereby, including any misrepresentation made by Purchaser or any
of Purchaser's agents, any breach of any declaration, promise representation or
warranty of Purchaser, Purchaser's failure to fulfill any covenants or
agreements under this Agreement, its or its governing body, or their reliance
on email or other instructions, or the assertion of Purchaser's lack of proper
authorization from Purchaser's beneficial owners (if applicable) to execute and
perform the obligations under this Agreement. ▇▇▇▇▇▇▇▇▇ also agrees that it
will indemnify and hold harmless the Covered Persons from and against any and
all Losses that they or any one of them, may incur by reason of, or in
connection with, the failure by the Purchaser to comply with any applicable
law, rule or regulation having application to the Covered Persons.
14. Waiver of Jury Rights.
IN ANY DISPUTE WITH THE COMPANY, ▇▇▇▇▇▇▇▇▇ AGREES TO WAIVE PURCHASER'S RIGHT TO
A TRIAL BY JURY. This means that any dispute will be heard by a judge, not a
jury. However, the foregoing waiver of trial by jury does not apply to claims
arising under the Federal securities laws.
16. Miscellaneous Provisions.
16.1. No Transfer. Purchaser may
not transfer his, her, or its rights or obligations under this Agreement.
16.2. Headings. The headings used
in this Agreement (e.g., the word "Headings" in this paragraph), are
used only for convenience and have no legal significance.
16.3. No Other Agreements. As of
the date hereof, this Agreement, the Partnership Agreement, and the Shares are
the only agreements between the Company and the Purchaser.
16.4. Relationship with Partnership
Agreement. This Agreement governs Purchaser's purchase of the Shares, while
the Partnership Agreement governs Purchaser's ownership of the Shares and the
operation of the Company. In the event of a conflict between the two
agreements, the Partnership Agreement shall control.
16.5. Electronic Signature. This
Agreement will be signed electronically, rather than physically.
[Signature Page to follow]
INVESTOR
INFORMATION SHEET
Name of Purchaser
|
_______________________________
|
Initial Investment
Number of Class A Investor Shares Initial Purchase
|
_______________________________
|
Price Per Investor Share
|
_______________________________
|
SSN (EIN for businesses)
|
_______________________________
_______________________________
|
Jurisdiction of Formation
(If You Are An Entity)
|
_______________________________
|
Mailing Address
|
_______________________________
Street 1
_______________________________
Street 2
_______________________________
City
_______________________________
State and Zip Code
_______________________________
Country
|
PURCHASER SIGNATURE PAGE
IN WITNESS WHEREOF, ▇▇▇▇▇▇▇▇▇ has signed this Agreement on the
date first written above.
_____________________________________
Signature
_____________________________________
Name
and Title (Only if Purchaser is an Entity)
ACCEPTED
By: Energea Global LLC
As General Partner
By _________________________________
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, Manager