MOONBASE FOUNDATION DRAFT GRANT FUNDING AGREEMENT

 

Effective Date: [Insert Date]

 

This Grant Funding Agreement (the “Agreement”) is made and entered into by and between:

 

Moonbase Foundation, a not-for-profit entity organized under the laws of [Insert State/Country], with its principal office located at [Insert Address] (“Moonbase”),

and

[Startup Name], a company incorporated under the laws of [Jurisdiction] with its principal place of business at [Startup Address] (“Grantee”).

 

1. Purpose

This Agreement sets forth the terms under which Moonbase will provide non-dilutive grant funding to support the Grantee’s participation in the MoonshotNX Capital Stack Accelerator. The funds will be used to access advisory and fundraising support services from affiliated providers.

 

2. Grant Amount and Disbursement

Moonbase shall award the Grantee a grant of up to $50,000 USD.

  • The grant will be disbursed directly to service providers on the Grantee’s behalf and shall be allocated as follows:

  • $25,000 USD for Investor Relations (IR) services

  • $25,000 USD for third-party services including valuations, legal setup, and cap table management

  • No portion of the grant will be paid directly to the Grantee.

3. Conditions of Grant

 The disbursement of the grant is conditional upon the following:

  • Grantee’s official acceptance into the MoonshotNX Accelerator program

  • Execution of the MaxNX Advisory Services Agreement

  • Completion of MaxNX onboarding and due diligence process

  • Commitment to pitch at the Capital Council for STACK Note funding consideration

  • Monthly reporting of business and fundraising progress via the MaxNX data room

 

4. Use of Funds

Grantee agrees that the grant shall be used exclusively for:

  • Investor readiness and IR advisory services

  • Third-party valuation and legal support cost

  • No portion of the funds may be used for:

·       Personal use

·       Payroll (unless related to fundraising prep)

·       Dividends

·       Loan repayment

·       Non-approved vendor payments

 

Moonbase reserves the right to audit the use of funds through MaxNX reporting.

5. Reporting Requirements

Grantee shall provide monthly performance updates via the MaxNX data room.

Reports must include updates on:

  • Fundraising activity

  • Investor engagement metrics

  • Business milestone progress

  • Failure to report for two (2) consecutive months may result in funding suspension or clawback review.

6. Clawback Provision

Moonbase reserves the right to request the full or partial return of the grant if the Grantee:

·       Breaches this Agreement

·       Misuses the grant funds

·       Withdraws from the MoonshotNX Accelerator program without completion

·       Fails to comply with reporting requirement

7. Representations and Warranties

Grantee represents and warrants that:

It is a legally incorporated and operating business entity

It has full authority to enter into this Agreement

All information provided to Moonbase and MaxNX is true and accurate

It will comply with all applicable laws and regulations

 

8. Confidentiality

All terms of this Agreement and any materials provided by Moonbase are confidential. Grantee agrees not to disclose them to any third party without written consent, unless legally required.

 

9. Publicity & Media Obligations

Grantee agrees to:

·       Collaborate with Moonbase and MoonshotNX on a joint press release within 14 days of grant approval

·       Produce and submit a pitch video for promotional use and investor showcases

·       Allow use of the company’s name, logo, and a brief profile in Moonbase’s marketing, reports, and LP communications

 

10. Monthly Reporting via MaxNX

Grantee acknowledges that MaxNX will provide Moonbase with monthly updates on the status and utilization of the grant funds. These updates will be used for internal tracking and LP reporting.

 

11. Compliance with Laws

 Grantee shall comply with all applicable:

·       Local and international tax laws

·       Anti-money laundering (AML) and anti-bribery standards

·       Regulatory obligations related to fundraising and investment

 

12. Assignment and Subcontracting

Grantee may not assign this Agreement or subcontract any rights or obligations without prior written consent from Moonbase.

 

13. Non-Disparagement

Grantee agrees not to publicly discredit or disparage Moonbase Foundation, MoonshotNX, MaxNX, or any related parties.

 

14. Successors and Assigns

This Agreement is binding upon the parties and their permitted successors and assigns.

 

15. Independent Contractor Status

Nothing in this Agreement shall be construed to create a partnership, agency, or employment relationship between the parties.

 

16. Force Majeure

Neither party shall be liable for failure to perform due to causes beyond their reasonable control, including natural disasters, war, government restrictions, or pandemics.

 

17. Survival

Sections pertaining to confidentiality, clawbacks, publicity, compliance, and reporting obligations shall survive expiration or termination of this Agreement.

 

18. Governing Law and Dispute Resolution

This Agreement shall be governed by the laws of the State of Delaware.

Any disputes shall be resolved via binding arbitration in Wilmington, Delaware, under the rules of the American Arbitration Association (AAA).

 

19. Entire Agreement

This document constitutes the entire agreement between Moonbase and the Grantee and supersedes any prior understandings or communications.

 

20. Execution

This Agreement may be executed in counterparts, and electronic signatures shall be deemed binding.

 

Signatures

 

Moonbase Foundation

By: ___________________________

Name: [Foundation Representative]

Title: [Title]

Date: _______________

 

[Startup Name]

By: ___________________________

Name: [Founder Name]

Title: CEO

Date: _______________

 

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