Why An Option To Purchase?

Through customer feedback, linkUwant.com has learned that website entrepreneurs were cautious in making a major investment in website development when there are so many unknown factors. One common concern was domain name ownership. 

Business owners expressed a fear in the purchase of a premium domain name like ClevelandADS.com without determining website profitability. 

A few customers have requested an Option To Purchase knowing that they were going to sell the website at a huge profit once it was developed and producing income. They pointed out that leasing the domain name may tremendously reduce the website's marketability and resale value.

It is our mission at linkUwant.com to assist customers in obtaining a profitable website.  As a result of this feedback, linkUwant.com now offers an Option To Purchase at the time you acquire your domain name.  Here is how the Option To Purchase works.

 

Option To Purchase Addendum for
ClevelandADS.com

This Addendum shall be attached to and become part of
the Service Agreement for ClevelandADS.com.
Domain Name:   ClevelandADS.com
Provider (Seller):   linkUwant.com
Customer (Buyer):  
 
Option Purchase Price:   $20,000.00
Option Fee (Annual):   $250.00
Option Fee (Monthly):   $25.00

AGREEMENT:

For and in consideration of the above Option Fee, Provider hereby offers Customer an Option To Purchase ClevelandADS.com for $20,000.00. This Option To Purchase is only valid for actively leased domain names under the following terms and conditions:

CONDITIONS: 

This Option To Purchase ClevelandADS.com is only available:

(1) If said Option Fee is paid in full with the original acquisition of ClevelandADS.com.

or

(2) If Provider offers Customer in writing an opportunity to acquire an Option To Purchase at a later date. Any offer to acquire an Option To Purchase for ClevelandADS.com shall expire 30 days from the date of offering unless otherwise specified.

If Customer does not purchase an Option To Purchase ClevelandADS.com from Provider; then Provider options shall include but not be limited to any the following:

(1) The right not to sell ClevelandADS.com, at any price, to Customer.

(2) The right to make an appraisal of the current and/or future value of the ClevelandADS.com website and set a sales price for the domain name ClevelandADS.com at any amount desired without regard to appraisal or valuation. The Option Purchase Price shall not be available to Purchaser.

TERM:

This Option To Purchase shall expire, terminate and become null and void if any of the following occur:

(1) Purchaser fails to renew the lease term of ClevelandADS.com and permits the lease to expire.

(2) Purchaser fails to renew any renewal or extended lease term of ClevelandADS.com and permits the lease to expire.

(3) Purchaser notifies Provider in writing that he does not intend to renew his Option To Purchase ClevelandADS.com. In this case the Option To Purchase shall expire upon the end of the current term of payment.

EXCLUSIVE RIGHT TO RENEW:

Prior to the expiration of the Option To Purchase term or the expiration of any renewal term, Customer shall have the exclusive right to renew the Option To Purchase ClevelandADS.com.

Option Fee & Option Purchase Price Guarantee: Purchaser is guaranteed to renew his Option To Purchase at the same low price with a small adjustment for inflation.

(1) Upon any renewal term, Provider, at Provider's option, shall have the right to increase the Option Fee based on the CPI* from the original date of service.

(2) If Customer exercises his Option To Purchase at any time after the original purchase term, then Provider, at Provider's option, shall have the right to increase the Option Purchase Price based on the CPI* from the original date of service to the date of purchase.

DEFINITIONS:

Option Purchase Price: The Option Purchase Price is the price that our Customer may purchase the ownership of ClevelandADS.com. This amount ($20,000.00) shall be paid in United States Dollars. The Option Purchase Price is subject to a small CPI* adjustment for inflation any time after the original purchase term.

Option Fee: The Option Fee (Annual) or Option Fee (Monthly)  is non-refundable. The amount paid does not reduce the Option Purchase Price if the Option To Purchase is exercised. The Option Fee serves as consideration to Provider for maintaining the Option Purchase Price at a pre-determined amount without regard to any future profit or value of the ClevelandADS.com website.

Option Fee (Annual): This is the fee required each year to maintain the Option To Purchase ClevelandADS.com. This $250.00 fee is in addition to the annual rent of $1,000.00. The fee is due up front for multiple year purchases and is not subject to any multi-year discount, which may be offered on domain rental. The Option Fee (Annual) is subject to a small CPI* adjustment upon renewal of the Option To Purchase.

Option Fee (Monthly): This is the fee required each month to maintain the Option To Purchase for ClevelandADS.com. This $25.00 fee is in addition to the monthly rent of $99.95. This fee is due up front for multiple month purchases and is not subject to any multi-month discount, which may be offered on domain rental. The Option Fee (Monthly) is subject to a small CPI* adjustment upon renewal of the Option To Purchase.

*CPI: The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services. The U.S. Department of Labor, Bureau of Labor Statistics publishes the CPI index.

More information on Consumer Price Indexes (CPI) visit the U.S. Government
Bureau of Labor Statistics website links provided below:

http://www.bls.gov/cpi

Consumer Price Index Calculator
 

Payment in full by Customer and acceptance of payment in full by Provider serves as acknowledgement that both parties have read, fully understand, and approve this Option To Purchase Addendum for ClevelandADS.com

 

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