This Sovran Access Unit Purchase Agreement (this “Agreement”) is made as of the 25th day of October 410 (Sovran calendar; civil year 2025 CE) (the “Effective Date”) between you or the entity that you represent (the “Buyer” or “you”) and Sovran Private Society, together with its affiliates (“Sovran” or the “Society”), operating under the supreme Indigenous Jurisdiction of the Society and the Anishinabe Nation of The Great Turtle Island.

This Agreement establishes the legally binding terms and conditions governing the Buyer’s purchase of Sovran Access Units (“SVN” or “Access Units”), which are generated, distributed, and maintained within Sovran Private Economy (“SPE”) and exclusively accessible through Sovran’s private blockchain network and technology platforms.

By entering into this Agreement, the Buyer affirms their status as Stans Ut Sui Juris, standing in their natural and sovereign capacity within Sovran Private Society. The Buyer expressly consents to the exclusive jurisdiction of Sovran Private Society and the governance of the Court of the People, acknowledging that all disputes, interpretations, claims, and enforcement actions arising under this Agreement shall be resolved exclusively within Sovran’s private legal framework.

The Buyer hereby waives any authority of external courts, regulatory agencies, financial institutions, or public legal systems over this Agreement, recognizing that this Agreement is governed solely by Sovran’s Articles of Association and all related governance agreements.

Furthermore, the Buyer acknowledges and agrees that this Agreement operates in conjunction with all other Sovran governance agreements. By proceeding with this Agreement, the Buyer affirms that they have reviewed, understood, and agreed to be bound by all related Sovran agreements and policies, as amended from time to time by Sovran’s internal governance.

ACCESS UNIT PURCHASE

By submitting this Sovran Access Unit Purchase Agreement, the Buyer certifies that, in exchange for the agreed-upon purchase price, Sovran shall issue the SVN Access Units to the Buyer, subject to the terms and conditions set forth herein.

The Buyer understands and agrees that:

• The purchase of SVN Access Units is strictly governed by this Agreement.
• Sovran retains full discretion to accept or reject, in whole or in part, the Buyer’s Access Unit purchase request for any reason, with or without prior notice, and at any time before final acceptance by Sovran.
• No Buyer is guaranteed the right to acquire SVN Access Units, and Sovran reserves the right to limit, modify, or refuse issuance at its sole discretion.

DEFINITIONS

“Sovran’s Intellectual Property Rights” shall mean all rights, title, and interest in and to Sovran’s proprietary technologies, platforms, economic frameworks, blockchain infrastructure, encryption systems, and digital assets, including but not limited to:

• Patents, inventions, designs, copyrights and related rights, database rights, trade secrets, proprietary know-how, proprietary encryption protocols, and confidential information.
• Trademarks, trade names, service marks, and associated goodwill, whether registered or unregistered, including all rights to apply for such registration.
• Proprietary blockchain technologies, distributed ledger systems, smart contracts, cryptographic security protocols, and decentralized governance mechanisms utilized within SPE.
• All other intellectual property rights of a similar nature or having an equivalent effect anywhere in the world, whether currently existing or recognized in the future.
• All applications, extensions, and renewals in relation to any of the foregoing rights.

“SVN Allocation” has the meaning given in the Sovran Physical Gold (SPG) Agreement and refers to discretionary, non-guaranteed deliveries of SVN to Members pursuant to Sovran’s internal programmatic allocation policy.

“SVN Access Unit” shall mean a private, non-publicly tradable, structured digital unit issued by Sovran Private Society. It is designed exclusively to provide private members with access to SPE, including eligibility for Net Earnings distributions. An SVN Access Unit does not represent an investment, security, debt instrument, or financial asset under any external legal framework. It does not grant ownership, voting rights, equity, or speculative value in Sovran, its subsidiaries, or any associated entity. Holding SVN Access Units solely grants internal privileges within Sovran’s private jurisdiction and does not create any financial obligations or expectations from Sovran Private Society.

“Access Unit Scarcity Model” refers to Sovran’s structured release of SVN Access Units, wherein only 5% of the total supply (100,000,000 SVN) is available for private acquisition by verified Sovran members. The remaining 95% is retained by Sovran Private Society for reinvestment, ecosystem development, and strategic allocation, which may include initiatives overseen by Sovran’s founding entities, governance structures, and long-term sustainability initiatives. Sovran may adjust allocation strategies as necessary to ensure financial sustainability and continued growth.

“Sovran-approved Stablecoins” means Sovran-designated internal venue units of account (including Sovran’s gold-referenced stable unit, SAU) that are eligible, per posted Program Notices, to be converted into SVN within SPE. Acquisition of Sovran-approved Stablecoins occurs only via Sovran-posted channels (e.g., SWIFT or accepted crypto deposits) and never constitutes a direct public sale of SVN.

“Sovran Reinvestment Framework” shall mean the self-sustaining financial model wherein 100% of Net Earnings generated within the Sovran ecosystem are distributed among verified SVN Access Unit holders. SVN Access Units entitle private members to a share of Net Earnings but do not confer ownership, governance rights, or equity stakes in Sovran itself. The Society retains full discretion over reinvestment priorities, distribution methodologies, and adjustments necessary for financial sustainability. The Society reserves the right to modify reinvestment allocations and distribution models as needed to align with Sovran’s long-term objectives.

“Sovran Private Economy” (“SPE”) means Sovran’s closed-loop, member-only digital environment—comprising Sovran’s private blockchain and ledgers, smart contracts, member portals, approved payment/messaging rails, and operational records—operating solely under Sovran’s Articles of Association and the governance of the Court of the People.

• Issuance, holding, conversion, transfer, suspension, clawback, retirement, and other treatment of internal units (including SVN and Sovran-approved Stablecoins such as SAU);
• Member-to-member exchanges and merchant transactions conducted within Sovran;
• Reserves, liquidity mechanisms, reinvestment activities, Net Earnings determination, and distributions;
• All compliance actions, dispute resolution, and governance postings made within Sovran’s systems.

Activities within SPE are not listed, marketed, or recognized on public markets, and external courts or regulators have no authority therein.

“Net Earnings” means the amount Sovran designates, per posted governance policy, as distributable to eligible SVN Access Unit holders after operating costs, reserves, clawbacks, and other deductions under Sovran’s Articles of Association. Net Earnings are determined, posted, and distributed solely within SPE.

“Sovran Law” means Sovran’s internal body of law comprised of the Articles of Association, Program Notices, posted governance policies, and binding rulings of the Court of the People, as amended from time to time and applied exclusively within SPE.

“Program Notices” means official, dated notices posted by Sovran inside SPE that specify operational parameters (including eligibility, conversion paths, fee schedules, lockups, and distribution procedures). Program Notices form part of Sovran Law upon posting.

“Buyer” shall mean a verified Sovran Private Society member in good standing who has entered into this Agreement for the sole purpose of acquiring SVN Access Units for personal use within Sovran’s economic ecosystem and who does not intend to use the Access Units as a speculative financial instrument, investment, or security.

“Agreement” shall refer to this SVN Access Unit Purchase Agreement, including all terms, conditions, representations, warranties, and obligations contained herein, as well as all governing policies set forth in Sovran’s Articles of Association and related governance documents.

“CHF Representation” The Buyer acknowledges and agrees that SVN Access Units are represented in the currency of Swiss Franc (CHF) within Sovran's private economic framework. The valuation and exchange process of SVN Access Units shall be internally determined by Sovran, with reference to the CHF value as applicable within Sovran's internal financial model. Any internal conversions to or from SVN Access Units shall be conducted within Sovran's closed-loop financial system, ensuring lawful clarity regarding the representation of SVN Access Units in CHF.

PURCHASE PRICE

(a) Purchase Price.

The purchase price for SVN Access Units is determined by a structured, multi-phase valuation model, as established by Sovran. The valuation of SVN Access Units is not fixed and is subject to phased price adjustments based on availability, reinvestment cycles, and structured access within Sovran’s private economic framework. SVN Access Units cannot be purchased directly using fiat currency, cryptocurrencies, or any publicly traded asset.

All acquisitions of SVN Access Units must be conducted exclusively through an internal conversion process from Sovran-approved Stablecoins. Buyers must first obtain Stablecoins via SWIFT transactions in USD, CAD, EUR, GBP, CHF, or via cryptocurrency transactions in BTC, ETH, USDC, or USDT, as accepted by Sovran at its sole discretion. Once acquired, these Stablecoins may then be converted into SVN Access Units through Sovran’s internal system.

(b) Minimum and Maximum Purchase.

There is no minimum purchase requirement for SVN Access Units. However, no single Buyer may convert more than 100,000 SVN Access Units in a single transaction or cumulative conversions over a rolling 30-day period, except by express written approval from Sovran. Conversions that meet or exceed 10,000 SVN Access Units may require the Buyer to complete additional Anti-Money Laundering (AML) and Know Your Customer (KYC) verification procedures before the transaction is finalized.

THE BUYER ACKNOWLEDGES, UNDERSTANDS, AND AGREES TO THE FOLLOWING:

• PURCHASE OF SVN ACCESS UNITS IS FINAL, NON-REFUNDABLE, AND NON-CANCELLABLE.
• SVN ACCESS UNITS MAY HAVE NO VALUE OUTSIDE OF SOVRAN’S PRIVATE FINANCIAL FRAMEWORK.
• BUYER MAY LOSE ALL AMOUNTS PAID, AND THERE IS NO GUARANTEE OF PRICE APPRECIATION OR EXCHANGEABILITY.
• SOVRAN RESERVES THE RIGHT TO REFUSE OR CANCEL ACCESS UNIT CONVERSION REQUESTS AT ITS SOLE DISCRETION.
• THE BUYER MUST REVIEW SECTION 7 (RISKS OF ACCESS UNIT PURCHASE) IN FULL BEFORE ENTERING INTO THIS AGREEMENT.
• THIS AGREEMENT INCLUDES PRE-DISPUTE RESOLUTION (SECTION 9.1) AND BINDING PRIVATE ADJUDICATION WITHIN THE COURT OF THE PEOPLE (SECTION 9.3).

1. ACCEPTANCE OF AGREEMENT AND PURCHASE OF ACCESS UNITS

1.1 Sovran Governance and Terms of Use

The Buyer acknowledges and agrees that their purchase of SVN Access Units is governed by this Agreement, Sovran’s Articles of Association, and all applicable governance agreements, policies, and private financial structures established by Sovran Private Society. The Buyer further agrees to abide by Sovran’s Terms of Use and Privacy Policy, which are hereby incorporated by reference and may be updated from time to time at Sovran’s discretion. These governing documents are accessible through Sovran’s private website(s) and digital platforms.

1.2 Sovran Access Unit Overview

The Buyer understands that additional information regarding SVN Access Units, their structured sale model, reinvestment framework, and private financial integration is provided in Sovran’s official governance documents and related materials. These materials, along with Sovran’s private economic policies, are made available exclusively to Sovran members and may be amended or supplemented at any time without prior notice.

By entering into this Agreement, the Buyer affirms that this Agreement operates in conjunction with and is subject to all Sovran governance agreements, including but not limited to:

• The Sovran Private Society Membership Agreement, which establishes the Buyer’s rights and responsibilities as a verified member.
• The Sovran Stablecoin Purchase Agreement, which governs the acquisition and use of Sovran-approved Stablecoins as the exclusive means of obtaining SVN Access Units.
• The Sovran Articles of Association, which serve as the foundational governing document of Sovran’s jurisdiction.
• All additional Sovran policies and agreements, as amended from time to time, which collectively govern the Buyer’s rights, obligations, and limitations within SPE.

The Buyer acknowledges that all Access Unit purchases are subject to the economic models and reinvestment structures set forth in these governing documents, which operate solely within Sovran’s private jurisdiction and financial framework.

2. ACCESS UNIT DISTRIBUTION

2.1 Acquisition of SVN Access Units

The Buyer shall adhere to all procedures and membership requirements established by Sovran for acquiring SVN Access Units. SVN Access Units may only be obtained through an internal conversion process from Sovran-approved Stablecoins within SPE. Sovran may deliver SVN to a Member pursuant to the SVN Allocation described in the SPG Agreement; any such delivery is discretionary, not guaranteed, and may be subject to vesting, lockups, or internal restrictions.

As a condition precedent to acquiring SVN Access Units, the Buyer shall:

• Obtain Sovran-approved Stablecoins prior to requesting conversion into SVN Access Units, ensuring that all transactions remain within Sovran’s private financial framework.
• Comply with all Sovran membership requirements, financial controls, and security protocols governing Access Unit distribution.
• Acknowledge that all conversions of Stablecoins into SVN Access Units are final and non-refundable. The Buyer expressly waives any claim to financial entitlements, speculative opportunities, or investment returns related to such conversions.
• Accept that Sovran retains full discretion over the approval, processing, and issuance of SVN Access Units and may refuse or cancel a conversion request at any time without prior notice.

2.2 Allocation and Sale of Access Units to Sovran Parties

The Buyer acknowledges and consents that Sovran’s past, present, and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, and other designated representatives (collectively, “Sovran Parties”) may participate in the acquisition and use of SVN Access Units.

Sovran Parties include, but are not limited to:

• Individuals actively engaged in the development, governance, and expansion of Sovran’s private economic framework.
• Society Overseers, Scribes, volunteers, and other appointed members assisting in the management and administration of Sovran’s operations.
• Companies, partnerships, and entities that are directly affiliated with, owned by, or providing services to Sovran Private Society, including those facilitating financial, technological, or operational support.

Additionally, Sovran may utilize proceeds from the structured sale of SVN Access Units to further develop, expand, and enhance SPE and reinvestment strategy. Such reinvestments are made at Sovran’s sole discretion and in alignment with its governance principles, ensuring long-term economic sustainability and financial autonomy.

2.3 Sources and Uses of Funds

2.3.1 Use of Funds

The Buyer shall not use SVN Access Units to finance, engage in, or otherwise support any unlawful activities within or outside Sovran’s jurisdiction. The Buyer explicitly acknowledges that SVN Access Units do not serve as a speculative financial instrument, nor may they be used for purposes inconsistent with Sovran’s Articles of Association, private financial agreements, or contractual obligations.

2.3.2 Payments

All payments made by the Buyer under this Agreement must originate from the Buyer’s verified account, which may include a self-custody digital wallet, cryptocurrency exchange account, or bank account, provided that:

• The payment source is in the Buyer’s name and is not third-party funded without express approval from Sovran.
• The payment is not conducted from any jurisdiction classified as a “non-cooperative country or territory” by the Financial Action Task Force (FATF) or from any foreign shell bank, as defined under applicable anti-financial crime statutes.

2.3.3 Anti-Money Laundering (AML) and Counter-Terrorism Financing Compliance

To the extent required by Sovran’s private financial security measures and internal compliance policies, the Buyer agrees to comply with all applicable AML and Counter-Terrorism Financing (CTF) protocols. Sovran reserves the right to request additional verification, impose transaction limits, or reject purchases where compliance risks are identified.

2.4 Transfers and Transaction Restrictions

2.4.1 Transfer and Transaction Fees

The Buyer acknowledges that any transfer, conversion, or transaction involving SVN Access Units within SPE may be subject to transaction or service fees, as determined by Sovran.

Sovran retains the right to:

• Adjust transaction fees at its sole discretion to support liquidity, operational costs, platform infrastructure, or reinvestment mechanisms.
• Apply different fee structures for various types of transactions, including but not limited to conversions, transfers, or internal platform activities.
• Modify, update, or waive certain fees based on governance decisions without prior notice.
• All transactions involving SVN Access Units are processed on Sovran’s private blockchain infrastructure and may be subject to delays, network congestion, or processing failures beyond Sovran’s control.
• Transactions are irreversible, and the Buyer assumes full responsibility for ensuring accuracy in transaction details before submitting any conversion request.

2.4.2 Transfer Restrictions

The Buyer acknowledges that SVN Access Units are exclusively issued for use within SPE and are not publicly tradable, transferable, or redeemable on external exchanges.

The Buyer further agrees that:

• Sovran reserves the right to impose limits on the transferability of SVN Access Units within its private jurisdiction to maintain the integrity of its structured economic model.
• SVN Access Units shall not be listed, marketed, promoted, exchanged, or otherwise transferred on any public trading platform, centralized or decentralized, including but not limited to cryptocurrency exchanges, over-the-counter (OTC) platforms, or peer-to-peer networks.
• The Buyer is strictly prohibited from engaging in, facilitating, or attempting to create a secondary market for SVN Access Units outside SPE, whether through direct sales, swaps, brokerage arrangements, or indirect means.
• Sovran reserves the right to revoke, restrict, or reclaim SVN Access Units in cases where a Buyer attempts unauthorized transfers, engages in speculative trading, or violates Sovran’s private economic framework.
• Any attempt to create, facilitate, or participate in an unauthorized secondary market for SVN Access Units, whether through direct sales, escrow services, OTC transactions, or indirect brokerage arrangements, shall result in the immediate revocation of all Access Units and legal action within Sovran’s jurisdiction.

2.5 Net Earnings Distribution Mechanics; Reinvestment Framework

2.5.1 Net Earnings; Determination

“Net Earnings” means the amount, if any, determined by Sovran in good faith for a given period within SPE after deducting operating costs, reserves, capital commitments, risk and loss allowances, and other internal allocations or set-asides approved under the Articles of Association or rulings of the Court of the People. Sovran shall record Net Earnings determinations on internal ledgers and may provide confidential Distribution Statements to Members through Sovran’s private systems.

2.5.2 Eligible Holders; Record Date

Eligibility for distributions is limited to verified Members in good standing holding SVN Access Units that are not subject to ineligibility flags, suspensions, or restrictions. Sovran shall set and post a Record Date for each distribution cycle; eligibility and pro-rata weights are measured against the Member’s recorded, eligible SVN balance as of the Record Date.

2.5.3 Pro-Rata Method

The distributable amount for a period (if any) shall be allocated pro-rata among eligible holders based on their recorded SVN balances at the Record Date. Rounding follows Sovran’s posted method; de minimis amounts may accrue forward.

2.5.4 Form and Timing of Distribution

Distributions may occur in SAU, SPG, additional SVN, other internal consideration, or by programmatic SVN repurchases and retirements that deliver an equivalent pro-rata benefit. Sovran may batch, defer, stagger, or net amounts across periods for operational reasons. Distributions do not constitute a debt obligation, and no interest accrues.

2.5.5 Withholding; Set-Off; Compliance

Sovran may withhold or set off amounts for unpaid fees, unresolved compliance matters, negative adjustments, or other internal obligations. Distributions to any Member under review may be suspended until resolution.

2.5.6 Private Jurisdiction; Finality

All determinations under this Section 2.5 are made exclusively within Sovran’s private jurisdiction and are final and binding under the Articles of Association and the governance of the Court of the People.

2.5.7 Policy Target; Non-Cumulative Periods

The policy target is allocation of 100% of Net Earnings to SVN holders pursuant to the Sovran Reinvestment Framework. No minimum frequency or amount is promised for any period; if Sovran elects to defer or skip a period, such amounts are non-cumulative unless expressly posted otherwise.

3. NO OTHER RIGHTS CREATED

3.1 No Claim, Loan, or Ownership Interest

The Buyer expressly acknowledges and agrees that SVN Access Units are strictly available for acquisition through the internal conversion of Sovran-approved Stablecoins. SVN Access Units cannot be purchased directly using fiat currency, cryptocurrencies, or any publicly traded asset. This structured conversion ensures that all transactions remain within Sovran’s private financial system, separate from external financial markets, securities classifications, or public regulatory oversight.

The Buyer further acknowledges that SVN Access Units are issued solely as a mechanism for participation within SPE and do not constitute an investment, security, or tradable financial instrument. Specifically, the Buyer agrees that:

• SVN Access Unit holders are eligible to receive Net Earnings distributions but do not have any legal claim to Sovran’s financial reserves, private assets, or operational revenues. The receipt of distributions is based on internal economic policies and is not an entitlement or contractual guarantee.
• SVN Access Units do not grant voting rights, equity ownership, liquidation preferences, redemptions, or control over Sovran’s financial policies or reinvestment strategies. Holding SVN Access Units does not entitle the Buyer to any decision-making authority within Sovran Private Society.
• Distributions of Net Earnings are entirely at Sovran’s discretion and may be adjusted, modified, or discontinued at any time. Holding SVN Access Units does not guarantee a return, fixed payment, appreciation in value, or the ability to resell Units for profit. The Buyer expressly acknowledges that Sovran retains full discretion over reinvestment priorities and economic sustainability measures.
• The structured pricing model across different issuance phases (Phase 1 to Phase 7) serves exclusively as a method to regulate access and participation within SPE and does not imply asset appreciation, return on investment, or speculative financial growth.
  • The price differences across phases reflect only the internal issuance model and are not indicative of an increase in financial value or market-based valuation.
  • Units acquired in earlier phases provide access benefits by allowing holders to receive a greater number of Units relative to later phases, but this does not establish an expectation of increased resale value, liquidity, or financial gain.
  • SVN Access Units do not possess investment attributes, nor are they designed or intended to serve as financial instruments under any public regulatory framework.
• SVN Access Units are not an investment, security, currency, commodity, swap, or financial instrument under any public legal framework. The Buyer acknowledges that purchases and holdings of SVN Access Units are not protected by any investment, securities, or commodity laws, nor are they subject to public financial regulations.
• Any attempt by the Buyer to use SVN Access Units outside SPE, market them as financial assets, or introduce public trading mechanisms shall be considered a material breach of this Agreement, subject to immediate revocation of all Buyer rights and legal action within Sovran’s Court of the People.

3.2 Intellectual Property

Sovran retains full, exclusive, and perpetual ownership over all intellectual property, proprietary technologies, economic models, and digital asset frameworks as defined under Sovran’s Intellectual Property Rights.

The Buyer acknowledges and agrees that:

• Sovran may adjust SVN Access Unit conversion rates, distribution schedules, reinvestment strategies, or eligibility requirements based on internal governance decisions.
• Sovran is not obligated to provide prior notice or financial compensation for any policy changes that may impact the availability, structure, or distribution of SVN Access Units.
• Such policy adjustments are made solely for the sustainability and governance of SPE, and the Buyer expressly waives any claim to challenge or dispute these modifications.

The Buyer shall not reproduce, distribute, modify, reverse-engineer, or otherwise use Sovran’s intellectual property without express prior written consent from Sovran. Any unauthorized use, disclosure, or replication of Sovran’s proprietary technologies shall constitute a material breach of this Agreement and may result in legal action within Sovran’s Court of the People, including potential membership revocation.

4. SECURITY, DATA PRIVACY, TAXES, AND FEES

4.1 Security and Data Privacy

4.1.1 Buyer’s Security Obligations

The Buyer is solely responsible for implementing reasonable and appropriate security measures to protect access to their SVN Access Units, including but not limited to:

• Securing all devices associated with the Buyer’s wallet, Access Unit holdings, or Sovran-related transactions.
• Maintaining exclusive control over private keys to their self-custody digital wallet or any account used in connection with their purchase of SVN Access Units.
• Ensuring the confidentiality of all authentication credentials, including usernames, passwords, and two-factor authentication codes.

The Buyer acknowledges and accepts full responsibility for the safekeeping of their digital wallet credentials and understands that Sovran shall have no obligation, liability, or ability to recover lost, stolen, or compromised Access Units. In the event that the Buyer loses access to their private keys, wallet, or authentication credentials, they acknowledge that all associated SVN Access Units may become permanently inaccessible and that Sovran shall not issue replacements, refunds, or compensation for any lost Access Units.

4.1.2 Verification and Additional Information Requests

At any time, Sovran may request additional verification from the Buyer, which may include the submission of identity documents, proof of residency, or other relevant materials, for the purpose of ensuring compliance with Sovran’s internal governance, security standards, and financial oversight policies. Such documents may include, but are not limited to:

• Valid government-issued identification (passport, national ID, or driver’s license).
• Proof of residence, such as a recent utility bill, lease agreement, or bank statement.
• Photographic verification of the Buyer’s identity.
• Sworn statements or other documentation as deemed necessary by Sovran.

The Buyer expressly consents to providing such information upon request and acknowledges that failure to comply with verification requirements may result in Sovran’s refusal to distribute or complete the transfer of SVN Access Units.

The Buyer further acknowledges that Sovran operates exclusively under its private jurisdiction and that any information collected under this provision shall be used solely for internal governance, compliance, and security purposes within SPE.

4.2 Taxes and Financial Obligations

The Buyer is solely responsible for assessing, reporting, and complying with any and all tax obligations that may arise from the purchase, receipt, or use of SVN Access Units. The Buyer expressly acknowledges that Sovran does not provide tax, financial, or legal advice and that all tax implications related to SVN Access Units remain the Buyer’s responsibility.

Sovran shall bear no liability or responsibility for the Buyer’s tax obligations, including, but not limited to:

• Capital gains, income, or transaction-based taxation arising from the purchase, holding, or exchange of SVN Access Units.
• Any reporting requirements or filings necessary under the Buyer’s local jurisdiction.
• Any penalties, interest, or enforcement actions imposed by a public authority due to the Buyer’s failure to comply with tax regulations.

The Buyer acknowledges that SVN Access Units operate solely within Sovran’s private financial jurisdiction and are not subject to public regulatory oversight or classification as a taxable financial security. The Buyer agrees to indemnify and hold Sovran harmless from any claims, liabilities, or legal actions arising from the Buyer’s personal tax obligations.

5. REPRESENTATIONS AND WARRANTIES

5.1 Buyer Representations and Warranties

As of the Effective Date, the Buyer represents and warrants to Sovran the following:

5.1.1 Authority

• The Buyer has full legal capacity, power, and authority to enter into this Agreement, purchase SVN Access Units, and perform their obligations hereunder.
• If the Buyer is an individual, they confirm that they are at least 18 years of age and legally competent to enter into this Agreement.
• If the Buyer is an entity, it is duly organized, validly existing, and in good standing under the laws of its jurisdiction and possesses the necessary authority to execute this Agreement.

5.1.2 Purchase for Private Use Only

• The Buyer expressly acknowledges and agrees that their purchase of SVN Access Units is made solely for their personal use within SPE and not for speculative investment or public resale.
• The Buyer is not purchasing the Access Units on behalf of any third party or acting as an agent, nominee, or fiduciary for another person or entity.
• The Buyer has no current or future intention to sell, transfer, distribute, or grant any financial interest in the Access Units outside of Sovran’s private financial framework.
• The Buyer has not entered into any agreements or arrangements to sell, transfer, or distribute the Access Units to any third party, entity, or jurisdiction outside of Sovran’s private economic framework.

5.1.3 Regulatory Independence

• The Buyer represents and warrants that they are not, nor have they been at any time, acting on behalf of any government, regulatory agency, financial institution, or public authority seeking to monitor, regulate, investigate, or enforce statutory, financial, or legal obligations against Sovran or its members.
• The Buyer affirms that their participation in SPE is strictly voluntary and private, and they do not have any role in imposing external laws, regulations, or financial oversight within Sovran’s jurisdiction.
• The Buyer further acknowledges that any attempt to introduce public legal enforcement within Sovran’s jurisdiction shall constitute a material breach of this Agreement, subject to:
  • Immediate termination of all Buyer rights, including access to SPE.
  • Potential revocation of SVN Access Units, without refund or compensation.
  • Permanent exclusion from Sovran Private Society, including loss of membership status and privileges.
  • Legal action under Sovran’s Court of the People, including any applicable disciplinary or financial consequences.

5.1.4 Disclosure of Information

• The Buyer acknowledges that they have been provided with ample opportunity to evaluate Sovran’s governance, economic framework, and the terms of this Agreement.
• The Buyer affirms that they:
  • Have reviewed, understood, and accepted all Sovran governance documents, including the Articles of Association and related agreements.
  • Have had the opportunity to ask questions and consult with Sovran representatives before making their purchase.
  • Understand that Sovran operates within its private jurisdiction and is not subject to external regulatory oversight.

5.1.5 No Conflicts or Violations

• The execution, delivery, and performance of this Agreement by the Buyer do not and will not:
  • Violate any organizational, contractual, or legal obligations applicable to the Buyer.
  • Conflict with any court order, regulation, or governing agreement to which the Buyer is bound.
  • Require any approval, consent, or authorization from an external regulatory authority, government entity, or third party.

5.1.6 Acknowledgment of Private Market Structure

• The Buyer acknowledges that:
  • SVN Access Units are exclusively issued and transacted within SPE.
  • There is no public market for SVN Access Units, and Sovran makes no representation or guarantee that such a market will exist in the future.
  • SVN Access Units do not carry an inherent fiat or commodity value outside of Sovran’s private jurisdiction.

5.1.7 Non-Security Statement

• The Buyer expressly acknowledges and agrees that SVN Access Units:
  • Are not investment securities and are not subject to securities regulations.
  • Do not confer ownership, equity, voting rights, or dividend distributions within Sovran or any related entity.
  • Are not backed by gold, fiat currency, or public financial reserves but derive value from Sovran’s private economic framework.
• The Buyer acknowledges that SVN Access Units shall bear the following legend:

"THE ACCESS UNITS REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER ANY SECURITIES LAW AND ARE NOT SUBJECT TO PUBLIC REGULATORY OVERSIGHT. THESE ACCESS UNITS EXIST SOLELY WITHIN SOVRAN’S PRIVATE FINANCIAL FRAMEWORK."

5.1.8 Jurisdiction and Compliance with Sovran’s Private Framework

• The Buyer acknowledges that they are subject solely to Sovran’s private jurisdiction and governance.
• The Buyer agrees not to engage in any transactions involving SVN Access Units that would subject Sovran to external regulatory scrutiny.
• The Buyer indemnifies Sovran from any claims, penalties, or liabilities arising from any breach of Sovran’s private jurisdictional requirements.

5.1.9 No External Legal Recourse

• The Buyer acknowledges and agrees that:
  • They waive any recourse to external courts, regulators, or public agencies concerning their purchase of SVN Access Units.
  • All disputes shall be resolved exclusively within Sovran’s Court of the People.
  • Sovran shall not be held liable for external legal actions brought against the Buyer related to their purchase, use, or holding of SVN Access Units.

5.1.10 Restrictions on Promotion & Public Solicitation

• The Buyer acknowledges and agrees that:
  • SVN Access Units shall not be publicly marketed, promoted, or solicited as an investment, financial asset, or tradable security.
  • The Buyer shall not engage in direct or indirect advertising, fundraising, or external solicitation related to SVN Access Units in any jurisdiction outside Sovran’s private financial framework.
  • Any attempt to list, promote, or facilitate the sale of SVN Access Units on public trading platforms, secondary markets, or investment offerings shall constitute a material breach of this Agreement.
  • Violations of this section may result in the immediate revocation of SVN Access Units, termination of Sovran membership, and enforcement under Sovran’s Court of the People.

5.1.11 No Liability Among Buyers

• Each Buyer expressly agrees that:
  • They shall not hold any other Buyer liable for losses, claims, or damages related to their SVN Access Unit purchase.
  • Sovran shall not be responsible for any disputes among Buyers regarding transactions, transfers, or Access Unit use.

5.1.12 Buyer Knowledge and Risk Acknowledgment

• The Buyer affirms that they:
  • Have sufficient understanding of digital assets, self-custody wallets, and private financial ecosystems.
  • Understand the risks associated with purchasing and holding SVN Access Units, including loss of access, system changes, or limitations on transferability.
  • Acknowledge that all purchases are final, non-refundable, and subject to Sovran’s private jurisdiction.

5.2 No Representations or Warranties by Sovran

5.2.1 Disclaimer of Liability

Sovran expressly disclaims all warranties, whether express, implied, or statutory, including but not limited to:

• Any warranty of merchantability or fitness for a particular purpose.
• Any warranty that Access Unit transactions will be uninterrupted, error-free, or secure.
• Any representation that Access Unit value will remain stable or increase over time.

5.2.2 No Guarantee of Access Unit Availability

Sovran makes no representation or warranty that:

• SVN Access Units will always be available for acquisition.
• Sovran’s reinvestment model, liquidity structure, or economic framework will remain unchanged.
• SVN Access Units will be exchangeable for fiat currency or external assets.

5.2.3 No Obligation to Maintain Platform or Services

Sovran reserves the right to modify, suspend, or discontinue any aspect of its financial services, reinvestment mechanisms, or Access Unit distribution processes at any time, without liability to the Buyer.