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Addendum to Operating Agreement - Wind Cave LFTY0301 DAO LLC - 33088 Joshua Ave Acton, CA 93510.pdf

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Addendum to Operating Agreement for Wind Cave LFTY0301 DAO LLC: 1. Seller will pay a Rental Yield of 15% to all investors monthly. 2. Seller will buy back tokens in 3 years, on February 8th, 2027, at an annual appreciation rate of 1.3%. 3. Clawback is enabled. 4. Seller will put up 60% of their ownership in the property as collateral. If the seller is late on their interest payment by over 90 days, the other investors can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the s

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Addendum to Operating Agreement for Wind Cave LFTY0301 DAO LLC:

1. Seller will pay a Rental Yield of 15% to all investors monthly.
2. Seller will buy back tokens in 3 years, on February 8th, 2027, at an annual appreciation rate
of 1.3%.
3. Clawback is enabled.
4. Seller will put up 60% of their ownership in the property as collateral. If the seller is late on
their interest payment by over 90 days, the other investors can vote, via a Supermajority of
60%+, to claw back the remaining 60% of the seller's ownership.
5. If the seller defaults on their current loan, the loan will be transferred to the DAO LLC, and the
other investors can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the
seller's ownership.
6. If the seller does not buy back tokens within 90 days of the buy-back date, the other investors
can vote, via a Supermajority of 60%+, to claw back the remaining 60% of the seller's
ownership.

Miriam Jones:
___________________________________________

Wind Cave LFTY0301 DAO LLC:
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Doc ID: e3698c6ba132513ed65b935a725071e041e30142

Operating Agreement Addendum
Addendum to Opera...1 DAO LLC (2).pdf
e3698c6ba132513ed65b935a725071e041e30142
MM / DD / YYYY
Signed

02 / 13 / 2024

Sent for signature to Jerry Chu (max@lofty.ai) and Miriam

21:22:03 UTC

Jones (ravenwildranch@gmail.com) from max@lofty.ai
IP: 104.174.11.48

02 / 13 / 2024

Viewed by Jerry Chu (max@lofty.ai)

21:22:10 UTC

IP: 104.174.11.48

02 / 13 / 2024

Signed by Jerry Chu (max@lofty.ai)

21:22:38 UTC

IP: 104.174.11.48

02 / 13 / 2024

Viewed by Miriam Jones (ravenwildranch@gmail.com)

21:26:31 UTC

IP: 172.56.120.124

02 / 13 / 2024

Signed by Miriam Jones (ravenwildranch@gmail.com)

21:27:02 UTC

IP: 172.56.120.124

02 / 13 / 2024

The document has been completed.

21:27:02 UTC