Support Agreement

FOUNDING SUPPORT AGREEMENT

(Phase One Support Only)

Please read carefully before contributing.

  1. What This Is

This agreement explains how the Project 107 Founding Support Program works.

By contributing, you are choosing to support the early groundwork of Project 107 during Phase One. Your support helps fund research, planning, and setup activities needed to determine whether the project should move forward.

This is not an investment and does not guarantee any financial return.

  1. What Your Support Funds Are Used For

Support contributions may be used for Phase One activities only, including:

  • Parcel and land research
  • Zoning and land use analysis
  • Early legal and planning consultation
  • Feasibility and concept work
  • Modest contract or stipend costs for Phase One team members
  • Documentation, mapping, and public information materials
  • Community listening and engagement activities

Support funds will not be used for:

  • Property purchases
  • Construction or renovation
  • Guaranteed outcomes of any kind
  • Political activity
  1. What Your Support Is (and Is Not)

Your support IS:

  • A voluntary contribution to help early-stage work happen
  • A way to participate in the project’s beginnings
  • A show of belief in the process, not the outcome

Your support IS NOT:

  • An equity investment
  • A loan
  • A promise of future profit
  • A guarantee of ownership, income, or control
  1. Risk Acknowledgment

By contributing, you acknowledge that:

  • Project 107 may move forward or may stop after Phase One
  • Your contribution may not be returned
  • No financial return is promised
  • Decisions remain with Project 107 Development, LLC
  • Community input informs the process but does not control outcomes
  1. Transparency and Updates

Project 107 commits to:

  • Plain-language updates about progress
  • Clear communication about what is happening and what is not
  • Honest disclosure if timelines or plans change
  • A clear conclusion to Phase One
  1. Recognition and Founder Materials

Founding Supporters may receive:

  • A Founder Certificate or acknowledgment
  • Periodic project updates
  • Access to a private update channel or page
  • Optional recognition (only if you choose to be listed)

These materials are symbolic and informational, not financial instruments.

  1. Future Opportunities (Not Guaranteed)

If Project 107 advances beyond Phase One, Founding Supporters may be offered:

  • Early notice of future opportunities
  • Optional consideration in later, legally compliant offerings

Any future opportunity would:

  • Be separate from this agreement
  • Require new documentation
  • Follow all applicable laws

There is no automatic conversion of support into ownership or returns.

  1. Final Understanding

By contributing, you confirm that you:

  • Understand this is early-stage support
  • Accept the risks involved
  • Are not relying on any promise of profit
  • Are supporting the work, not purchasing an outcome

Thank you for supporting Project 107 at its earliest stage.