SERIES #5VCTK DESIGNATION

SERIES #5VCTK DESIGNATION

In accordance with the Limited Liability Company Agreement (the "Operating Agreement") of Ark7 Properties Plus LLC (the "Company") dated March 17, 2022 (the "Agreement") and upon the execution of this designation by the Company and Ark7 Inc. in its capacity as Managing Member of the Company and Initial Member of Ark7 Properties Plus LLC - Series #5VCTK ("#5VCTK"), this exhibit shall be attached to, and deemed incorporated in its entirety into, the Agreement.

References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement, as in effect as of the effective date of establishment set forth below.

Name of Series		Ark7 Properties Plus LLC - Series #5VCTK
Effective date of establishment		April 25, 2024
Managing Member		Ark7 Inc. was appointed as the Managing Member of #5VCTK with effect from the date of the Agreement and shall continue to act as the Managing Member of #5VCTK until dissolution of #5VCTK pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X.
Initial Member		Ark7 Inc.
Series Asset		The Series Assets of #5VCTK shall comprise 0000 Xxxxxxx Xx, Xxxx, XX 00000 which will be acquired by #5VCTK upon the close of the Initial Offering and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #5VCTK from time to time, as determined by the Managing Member in its sole discretion
Asset Manager		Ark7 Inc.
Management Fee		As stated in Section 6.5 of the Operating Agreement.
Purpose		As stated in Section 2.4 of the Operating Agreement.
Issuance		Subject to Section 6.3(a)(i) of the Operating Agreement, the maximum number of #5VCTK Interests the Company can issue is 2,750.
Number of #5VCTK Interests held by the Managing Member and its Affiliates		The Managing Member must purchase a minimum of 10 #5VCTK Interests and may purchase a maximum of 19.9% of #5VCTK Interests through the Offering.
Broker		Dalmore Group, LLC
Brokerage Fee		Up to 1% of the purchase price of the Interests from #5VCTK sold at the Initial Offering of the #5VCTK Interests (excluding the #5VCTK Interests acquired by any Person other than Investor Members)
Interest Designation		No Interest Designation shall be required in connection with the issuance of #5VCTK Interests.
Voting		Subject to Section 3.5 of the Operating Agreement, the #5VCTK Interests shall entitle the Record Holders thereof to one vote per Interest on any and all matters submitted to the consent or approval of Members generally. No separate vote or consent of the Record Holders of #5VCTK Interests shall be required for the approval of any matter, except as required by the Delaware Act or except as provided elsewhere in this Agreement. The affirmative vote of the holders of not less than a majority of the #5VCTK Interests then Outstanding shall be required for: any amendment to this Agreement (including this Series Designation) that would adversely change the rights of the #5VCTK Interests; mergers, consolidations or conversions of #5VCTK or the Company; and all such other matters as the Managing Member, in its sole discretion, determines shall require the approval of the holders of the Outstanding #5VCTK Interests voting as a separate class. Notwithstanding the foregoing, the separate approval of the holders of Series #5VCTK Interests shall not be required for any of the other matters specified under Section 12.1 of the Operating Agreement.
Splits		There shall be no subdivision of the #5VCTK Interests other than in accordance with Section 3.7 of the Operating Agreement.
Sourcing Fee		No greater than 3% of the maximum offering size, which may be waived by the Managing Member in its sole discretion.
Other rights		Holders of #5VCTK Interests shall have no conversion, exchange, sinking fund, appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #5VCTK Interests.
Officers		There shall initially be no specific officers associated with #5VCTK, although, the Managing Member may appoint Officers of #5VCTK from time to time, in its sole discretion.
Aggregate Ownership Limit		As stated in Section 1.1 of the Operating Agreement.
Minimum Interests		One (1) Interest per Member
Fiscal Year		As stated in Section 8.2 of the Operating Agreement.
Information Reporting		As stated in Section 8.1(c) of the Operating Agreement.
Termination		As stated in Section 11.1(b) of the Operating Agreement.
Liquidation		As stated in Section 11.3 of the Operating Agreement.
Amendments to this Exhibit		As stated in Article XII of the Operating Agreement.