Series Designation of Series [•], a series of Sow Good Investments, LLC
Series Designation of
Series [•], a series of Sow Good Investments, LLC
In accordance with the Limited Liability Company Agreement of Sow Good Investments, LLC (the “Company”) dated as of [•] (the “LLC Agreement”) and upon the execution of this Exhibit [•] by the Company and XXX, LLC in its capacity as Manager of the Company and Initial Member of Series [•], a series of Sow Good Investments, LLC (“Series [•]”), this exhibit shall be attached to, and deemed incorporated in its entirety into, the LLC Agreement as “Exhibit [•]”.
References to Sections and Articles set forth herein are references to Sections and Articles of the LLC Agreement, as in effect as of the effective date of establishment set forth below.
Name of Series | Series [•], a series of Sow Good Investments, LLC |
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Effective date of establishment | [•] |
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Managing Member
| Social Investment Managers and Advisors, LLC was appointed as the Manager of Series [•] with effect from the date of the LLC Agreement and shall continue to act as the Manager of Series [•] until dissolution of Series [•]or its removal and replacement. |
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Initial Member | Social Investment Managers and Advisors, LLC |
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Management Fee | |
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Purpose |
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Issuance | The maximum number of Series [•] Units the Company can issue is [•]. |
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Number of Series __Units held by the Managing Member and its Affiliates | The Managing Member, together with its affiliates, must hold a minimum of __% and a maximum of 10% of the Series [•] Units as of the closing of the Initial Offering. |
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Broker | [•] |
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Brokerage Fee | Up to 1.0% of the purchase price of the Units from Series [•] sold at the Initial Offering of the Series [•] Units (excluding the Series [•] Units acquired by any Person other than Investor Members) |
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Preference Designation | No Preference Designation shall be required in connection with the issuance of Series [•] Units. |
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Officers | There shall initially be no specific officers associated with Series [•], although, the Managing Member may appoint Officers of Series [•] from time to time, in its sole discretion. |
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Aggregate Ownership Limit |
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Minimum Units | One (1) Unit per Member |
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Fiscal Year |
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Executed as of [•].
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| By: Social Investment Managers and Advisors, LLC, as manager |
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