ESCROW AGREEMENT FOR SECURITIES OFFERINGEscrow Agreement • January 12th, 2021 • Arrived Homes, LLC • Real estate • Delaware
THIS ESCROW AGREEMENT, effective as of _____________, (“Escrow Agreement”), is by, between and among North Capital Private Securities Corporation, a Delaware Corporation and a registered Broker-Dealer, member FINRA and SIPC, located at 623 E. Ft. Union Blvd, Suite 101, Salt Lake City, UT 84047 (“NCPS”) as escrow agent hereunder (“NCPS” or “Escrow Agent”); Dalmore Group, LLC (“Broker”), a New York limited liability company located at 525 Green Place, Woodmere, NY 11598; and Arrived Homes Series [*] LLC, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Issuer”), located at ___________________________________________________________________.
Arrived Homes Series [*] LLC, a Series of Arrived Homes, LLC Interests are offered through Dalmore Group, LLC, a registered broker-dealer and a member of FINRA and SIPC (“Broker”) Subscription Agreement to subscribe for Arrived Homes Series [*] LLC, a...Subscription Agreement • January 12th, 2021 • Arrived Homes, LLC • Real estate • New York
PROMISSORY NOTE ARRIVED HOMES SERIES PLUMTREEArrived Homes, LLC • January 12th, 2021 • Real estate • Delaware
FOR VALUE RECEIVED, Arrived Homes Series Plumtree, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Borrower”), hereby promises to pay to the order of Arrived Holdings, Inc., a Delaware corporation, with an address at 999 Third Avenue, Seattle, WA 98104 (“Lender”), or its permitted assignees, in lawful money of the United States of America and in immediately available funds, the principal amount of two-hundred and two thousand, nine-hundred and fifty & 00/100 dollars ($202,950) (“Principal Amount”), as set forth below in this note (“Note”). This Note shall bear interest at the minimum applicable federal rate (AFR) in effect as of the date hereof.
Series Designation of Arrived Homes Series [*], a series of Arrived Homes, LLCArrived Homes, LLC • January 12th, 2021 • Real estate
In accordance with the Limited Liability Company Agreement of Arrived Homes, LLC, a Delaware series limited liability company (the “Company”), dated July 13, 2020 (the “Agreement”) and upon the execution of this Series Designation by the Company and Arrived Holdings, Inc. in its capacity as Managing Member of the Company and of Arrived Homes Series [*], a series of the Company (“Series [*]”), this Series Designation shall be attached to, and deemed incorporated in its entirety into, the Agreement as the “Arrived Homes Series [*] Designation Exhibit.”
MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • January 12th, 2021 • Arrived Homes, LLC • Real estate • Delaware
This Membership Interest Purchase Agreement (“Agreement”) is made and entered into effective as of January 14, 2021 (“Effective Date”) by and between Arrived Holdings, Inc., a Delaware corporation (“Seller”) and Arrived Homes Series Chaparral, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Buyer”). The Buyer and Seller are sometimes referred to in this Agreement together as the “Parties” and individually as a “Party.”
PROMISSORY NOTE ARRIVED HOMES SERIES PATRICKArrived Homes, LLC • January 12th, 2021 • Real estate • Delaware
FOR VALUE RECEIVED, Arrived Homes Series Patrick, a series of Arrived Homes, LLC, a Delaware series limited liability company (“Borrower”), hereby promises to pay to the order of Arrived Holdings, Inc., a Delaware corporation, with an address at 999 Third Avenue, Seattle, WA 98104 (“Lender”), or its permitted assignees, in lawful money of the United States of America and in immediately available funds, the principal amount of two-hundred and ten-thousand, two-hundred and five & 00/100 dollars ($210,205) (“Principal Amount”), as set forth below in this note (“Note”). This Note shall bear interest at the minimum applicable federal rate (AFR) in effect as of the date hereof.
