FORM OF AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OFLimited Liability Company Operating Agreement • September 27th, 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 September [___], 2018, and is entered into by Masterworks Galley, LLC as its sole initial Member (the “Initial Member”).
aRT purchase agreement By and between: MASTERWORKS GALLERY, LLC and MASTERWORKS 001, LLCArt Purchase Agreement • September 27th, 2018 • 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], 2018Administrative Services Agreement • September 27th, 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.”
