Whiskey Villa

Market Trading Price

$10.02

Current Market Price

I accept the  license agreement

ILO Standard License

THIS AGREEMENT is between (“the Company”), - AND – The Buyer who is the Current License Holder, and who holds this license to promote the companies message to their audience with a view increasing their sales, which will in turn will increase the royalty to all license holders. The Buyer is determined by the Live Ledger held by ILOCX which holds details of licenses issued bought and sold (“the Buyer”).

This license commences on:

Details of the Licensed Product are described on the Company’s page hosted on the site at www.ILOCX.com

Special Conditions:

None

Minimum Requirements for Qualification are a confirmed share of the Company’s information and Promotional Message on social media. This can be done on the ILOCX platform. Alternative ways to qualify are at the discretion of the company selling the license.

Initial price per license:

$

Under the License Agreement the buyer is entitled to royalty payments once qualified

Each License receives a royalty equal to % of the Gross Revenues from the recorded and officially filed revenue, divided by , the total amount of ILO Units in the Initial License Offering. All royalties will be paid to the Buyer’s wallet on the ILOCX platform within 5 days of payment settlement from the company. These days will be announced prior to release.

This License is for an Initial Term of 3 years at which time the License can be extended by the issuing Company for a further 3 years, (a “Rollover”) and new terms may be set by the company at this time in line with ILOCX exchange rules and guidelines. Alternatively, the Company may offer to buy the License back from the Buyer (“a ‘Buyback”). The Company will give notice of Rollover terms or Buyback Price 90 days before the end of the Initial Term, as outlined in the Buyer Terms and Conditions.

All licenses must be valid and deemed qualified to benefit from the Royalty and the Rollover or Buyback.

This Agreement should be read in conjunction with the License Terms and Conditions, the Company Terms and Conditions, the Buyer Terms and Conditions and the ILOCX Terms of Use which form part of this entire Agreement, as well all ILOCX rules, policies, rulings and procedural requirements (collectively the “ILOCX Terms and Conditions”).

All parties have read and agreed to comply with the ILOCX Terms and Conditions, this Agreement, and any documents included by reference above. These may be amended from time to time and the parties will be notified by email of such amendments. Breach of any of the terms of this agreement may result in termination of this Agreement under the termination procedures outlined in the License Terms and Conditions.

This Agreement shall be governed by the laws of and the parties exclusively submit to the jurisdiction of the Courts of . In the event of any dispute, refer to the terms and conditions for the procedure.

Agreed on behalf of the Company:
The Company confirms its consent to this License Agreement by presenting the ILO for sale on the ILOCX platform.

Agreed on behalf of the Buyer:
The Buyer consents to this agreement by completing their order on ILOCX.

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Buy

We craft great Irish Whiskey

Take a step into the future, reserve a bottle of Whiskey with each $15 ILO purchase.

 

Who are Whiskey Villa

We are a small batch Irish Whiskey company that handcrafts their products. Working with independent Irish distilleries, we source the highest quality distilled Whiskey, age it in hand built wooden barrels, our master blenders then bring together the best flavours before we bottle it for you to enjoy.

Blending and Bottling

Our whiskey is hand crafted by our master blenders using a unique blend of two or more whiskeys, to bring out the best flavours from each barrel and producing a perfectly balanced, Irish Whiskey. We believe in using only the finest, local, Irish ingredients, bottling our Whiskey with hand carved oak sticks to ensure when opened you get the best possible flavour, as if fresh from the barrel. Every bottle is unique, and each whiskey blend is different.

Get a bottle of Whiskey when you buy an ILO

With each ILO purchased, you reserve a 350ml bottle’s worth of Irish Whiskey in one of our barrels. Once aged, pay bottling, tax and shipping costs, or visit the distillery to collect yourself.

Receive payments from your ILO

Each ILO sold entitles the buyer to not only a bottle of aged Irish Whiskey but also a percent on all money made by Whiskey Villa. So for each bottle of our Whiskey that is sold, we’ll pay a little back to you to thank you for supporting us.

FAQ

Will my Whiskey increase in value?
Whiskey gains value with age, our finished product retails for £85.00 per bottle.

Will my ILO increase in value?
In addition to receiving annual payments on Whiskey Villa’s revenues (sales), your license will also change in value if the contract becomes desirable to other buyers. These licenses can be sold on our trading platform – but think hard, as selling your license will also sell any reserved Whiskey attached to that license!

How do I qualify my license?
Qualify your license by sharing one of our preprepared messages or images to your social media or other contacts.

How much are bottling costs?
While we can’t provide exact bottling costs, we are working to reduce these to the minimum amount possible and the cost charged will never exceed the actual bottling cost.

When do I receive my Whiskey?
We age our Whiskey to perfection, for 5 years. So once purchased, allow for 5 years to receive your bottle. Enjoy your Whiskey Villa royalties in the meantime!

 

ILOAC is an accelerator and separate legal entity formed to act as a private investment fund. Its primary function is to invest capital, time, resources and management skills to get exciting projects into revenue for listing on the ILOCX (Initial Licensing Offering Contract Exchange) located at www.ILOCX.com

In exchange for a combination of equity and key licenses for both exclusive and non-exclusive territories and various rights it takes over the project, makes all management decisions. Invests the required capital and in some cases takes over the company, forming new ones and dissolving old ones (if applicable) it does this to restructure the cap table.

Where there are separate legal entities ILOAC moves the registered office into its control, including directorships. Where there is no legal entity ILOAC limited runs the project within its corporate structure under strict accounting procedures.

Please apply for more information by email your name and query to projects@ILOAC.com

Whiskey Villa

Whiskey Villa employs a historic Irish distillery to make and bake its whiskey, while using social media to promote cocktail competitions in conjunction with our brand. For further information, visit WhiskeyVilla.com.