TSYSGroupBOD/TSYSGroup-JointVentureProposal
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Charles N Wyble 2024-12-23 16:04:16 -05:00
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DealMemoInput.md
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@ -313,21 +313,51 @@ KNEL will provide franchisees use of the KNEL systems as a control/support plane
## Responsibilities and context for {{PARTY2}}
- {{PARTY2}} retains all financial control (bank accounts/third party payment processors)
- {{PARTY2}} will retain all financial control (bank accounts/third party payment processors) of the business.
- {{PARTY2}} will have total control over ThePeerNet/TeamRental/YourDreamNameHere/MerchantsOfHope. They can be closed/opensource, whatever you want.
- {{PARTY2}} will have total control over the:
- Business Plan
- Funding / Fundraising
- Website
- Application
- Customers
- Partners
- Vendors (as long as they don’t provide a service provided by KNEL) (or a negotiated exception is granted)
- Employees
- Contractors
- Licensing of code
- Terms of service
- Pricing
- Executive team
- Series LLC members
- Series LLC operating agreement (other than non override parts from the Turnkey Network Systems LLC operating agreement)
- TSYS Group board committee for the series
- etc
- you want to be a leader, be in the driver seat, put your brand/stamp on everything
for the following businesses:
- you have a deep network of personnel/talent , a deep contact network etc
- TeamRental
- RackRental.net (non Richelle franchises) (close consultation / collaboration / code availability on any development done on the RackRental.net micro services)
- STL (non Richelle franchises) close consultation / collaboration / code availability on any development done on the STL micro services)
- YourDreamNameHere
- MerchantsOfHope
- Redwood Springs Capital Partners (excluding the TopHat Fund) (and any/all other funds that may emerge in the future related to fundraising for Suborbital Systems , HFNOC, HFNFC).
- Ap4ap.org
- sol-calc.com micro service (it will remain under its custom license)
- {{PARTY1}} has no real interest in these “ancillary businesses” but would like to retain a minority silent stake.
- The only thing I ask, is that TSYS Group/Redwood Group and the Non Profits get use of the stack forever at 0 charge (we would pay any actual costs like domain registration of course). (I have an on-premise computer room that will handle all of the heavy compute/storage for all of those companies, so we wouldn’t eat into your margins).
- {{PARTY2}} wants to be a leader, be in the driver seat, put their brand/stamp on everything.
- {{PARTY2}} has a deep network of personnel/talent , a deep contact network etc to increase the likelihood of success.
- {{PARTY2}} understands that {{PARTY1}} has no real interest in these ancillary businesses but would like to retain a minority silent stake in exchange for providing the following contributions:
- brand
- KNEL back office
- this contract
- StartupStarterPackage
- RackRental is pretty core to suborbital, so I would retain development control over it. It’s closed source and would remain so. It has some hefty middleware and backend bits (three racks of gear). Also I have GPU cluster and that needs to remain ITAR controlled. I just don’t want to deal with marketing/sales/go-to-market.
- StartingLineProductions is pretty integral to Suborbital in terms of us using it to manage our R&D overhead. Open to discuss specifics of how that would work. Maybe some kind of multi tenant setup and we have full control of our tenant?
## Shared Responsibilities and context for {{PARTY1}} and {{PARTY2}}