# {{PARTY2}} Contributions to the joint venture

- {{PARTY2}} will retain all financial control (bank accounts/third party payment processors) of the business.

- {{PARTY2}} will negotiate and execute a contract [template terms](https://git.knownelement.com/KNEL/KNELContracts/src/branch/main/KNEL-Services-ContractTemplate-AllComponents.md) for IT/business services within 5 calendar days of executing this contract with {{PARTY1}}.

- {{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  

for the following businesses:    

- TeamRental.net
- RackRental.net (non Richelle franchises) (close consultation / collaboration / code availability on any development done on the RackRental.net microservices) 
- 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) 


- {{PARTY2}} wants to be a leader, be in the driver seat, put their brand/stamp on everything. 

- {{PARTY2}} has a deep network of relevant 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