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Operating Agreement Addendum - 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. Tokens will automatically be clawed back on February 8th, 2027, and owners will receive funds at $52/token. There are no fees when tokens are automatically bought back, e.g., if you bought 2 tokens, you’d receive $104 total. 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 p

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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. Tokens will automatically be clawed back on February 8th, 2027, and owners will receive
funds at $52/token. There are no fees when tokens are automatically bought back, e.g., if you
bought 2 tokens, you’d receive $104 total.
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: 7de386b4ab6684d0267262a16672265ff94107b8

Addendum to Operating Agreement
Addendum to Opera...1 DAO LLC (3).pdf
7de386b4ab6684d0267262a16672265ff94107b8
MM / DD / YYYY
Signed

02 / 13 / 2024

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

22:16:38 UTC

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

02 / 13 / 2024

Viewed by Jerry Chu (max@lofty.ai)

22:16:47 UTC

IP: 104.174.11.48

02 / 13 / 2024

Signed by Jerry Chu (max@lofty.ai)

22:16:56 UTC

IP: 104.174.11.48

02 / 13 / 2024

Viewed by Miriam Jones (ravenwildranch@gmail.com)

22:17:07 UTC

IP: 172.56.121.54

02 / 13 / 2024

Signed by Miriam Jones (ravenwildranch@gmail.com)

22:17:18 UTC

IP: 172.56.121.54

02 / 13 / 2024

The document has been completed.

22:17:18 UTC