SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OFLimited Liability Company Operating Agreement • July 26th, 2022 • Masterworks 001, LLC • Retail-retail stores, nec • Delaware
This Second Amended and Restated Limited Liability Company Operating Agreement (this “Second Amended Agreement”) of Masterworks 001, LLC, a Delaware limited liability company (the “Company”), is dated as of July 25, 2022 (the “Effective Date”), and is entered into by the members and the managers of the Company.
FORM OF SECOND AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT Dated as of December 31, 2023Administrative Services Agreement • January 4th, 2024 • Masterworks 001, LLC • Retail-retail stores, nec • New York
This Second Amended and Restated Administrative Services Agreement (this “Agreement”), dated as of the date first set forth above (the “Effective Date”) is entered into by and between Masterworks Administrative Services, LLC, a Delaware limited liability company (the “Administrator”) and Masterworks [ ], LLC, a Delaware limited liability company (the “Issuer”) and Masterworks Cayman, SPC, a Cayman Islands segregated portfolio company (“Masterworks Cayman”), on behalf of the [ ] segregated portfolio (the “Portfolio”), and amends and restates in its entirety the Administrative Services Agreement (the “Original Agreement”), dated as of [ ], and amended on [ ], by and among the Parties. Each party hereto may be referred to herein individually as a “Party” and all parties may be referred to collectively as the “Parties.”
AMEDED AND RESTATED ENGAGEMENT LETTERMasterworks 001, LLC • May 2nd, 2019 • Retail-retail stores, nec • New York
This amended and restated engagement letter (the “Agreement”) amends and replaces the engagement letter dated January 29, 2019, in its entirety and confirms the terms upon which Masterworks 001, LLC (the “Client;” “Masterworks 001”) engages SDDco Brokerage Advisors LLC (the “Financial Advisor;” “SDDco-BA”). SDDco-BA is engaged to act as the exclusive underwriter to the Client in connection with a Regulation A Offering (as defined below) of securities on behalf of Client (the “Potential Transaction”).
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • May 2nd, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Investing in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OFLimited Liability • November 23rd, 2018 • Masterworks 001, LLC • Retail-retail stores, nec • Delaware
This Amended and Restated Limited Liability Company Operating Agreement (this “Agreement”) of Masterworks 001, LLC, a Delaware limited liability company (the “Company”), is dated as of November [___], 2018, and is entered into by Masterworks Galley, LLC as its sole initial Member (the “Initial Member”).
FORM OF ADMINISTRATIVE SERVICES AGREEMENT Dated as of [DATE], 2019Form of Administrative Services Agreement • January 30th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
This Administrative Services Agreement (this “Agreement”), dated as of the date first set forth above (the “Effective Date”) is entered into by and between Masterworks Administrative Services, LLC, a Delaware limited liability company (the “Administrator”) and Masterworks 001, LLC, a Delaware limited liability company (the “Issuer”). The Administrator and the Issuer may be referred to herein individually as a “Party” and collectively as the “Parties.”
aRT purchase agreement By and between: MASTERWORKS GALLERY, LLC and MASTERWORKS 001, LLCArt Purchase Agreement • January 30th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • Delaware
This Art Purchase Agreement is entered into as of the date first set forth above (the “Effective Date”) by and between Masterworks Gallery, LLC, a Delaware limited liability company (“Seller”) and Masterworks 001, LLC, a Delaware limited liability company (“Buyer”). Each of Buyer and Seller may be referred to herein as a “Party” and collectively as the “Parties.”
FORM OF ADMINISTRATIVE SERVICES AGREEMENT Dated as of [DATE], 2018Form of Administrative Services Agreement • October 22nd, 2018 • Masterworks 001, LLC • Retail-retail stores, nec • New York
This Administrative Services Agreement (this “Agreement”), dated as of the date first set forth above (the “Effective Date”) is entered into by and between Masterworks Administrative Services, LLC, a Delaware limited liability company (the “Manager”) and Masterworks 001, LLC, a Delaware limited liability company (the “Issuer”). The Manager and the Issuer may be referred to herein individually as a “Party” and collectively as the “Parties.”
LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF MASTERWORKS 001, LLCLimited Liability Company Operating Agreement • July 31st, 2018 • Masterworks 001, LLC • Retail-retail stores, nec • Delaware
This Limited Liability Company Operating Agreement (this “Agreement”) of Masterworks 001, LLC, a Delaware limited liability company (the “Company”), is executed this 8th day of June 2018, effective as of March 28, 2018, and is entered into by Masterworks Galley, LLC as its sole initial Member (the “Member”).
CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED AND REPLACED WITH “[***]”. SUCH IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS (I) NOT MATERIAL ANDConsignment Agreement • May 19th, 2022 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Consigning Parties: (“Masterworks”) Masterworks Gallery, LLC as Agent for Masterworks Cayman, SPC, a Gallery Segregated Portfolio Company on behalf of its 001 Segregated Portfolio 225 Liberty Street, 29th Floor New York, NY 10281
ENGAGEMENT LETTEREngagement Letter • March 19th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
This engagement letter (the “Agreement”) confirms the terms upon which Masterworks 001, LLC (the “Client;” “Masterworks 001”) engages SDDco Brokerage Advisors LLC (the “Financial Advisor;” “SDDco-BA”). SDDco-BA is engaged to act as the exclusive underwriter to the Client in connection with a Regulation A Offering (as defined below) of securities on behalf of Client (the “Potential Transaction”).
