Common use of Maximum and Minimum Clause in Contracts

Maximum and Minimum. The maximum investment amount per investor in any series is $100,000 (5,000 Shares) and the minimum investment amount per investor in any series is $15,000 (750 Shares) for investors that have not previously invested in offerings via the Masterworks Platform and $500 (25 Class A shares) for investors that have previously invested in other offerings on the Masterworks Platform. We reserve the right to reject any subscription, waive or increase the maximum purchase restriction or waive or decrease the minimum purchase restriction in our sole and absolute discretion and such waiver, increase or reduction shall be evidenced by our acceptance of any such subscription and our countersignature on this Agreement. Accordingly, investors should not assume that the stated minimum investment restriction will be applied uniformly to all investors.