Date: ___________, 2019 Crescent Securities Group, Inc. Dallas, Texas 75231Red Oak Capital Fund IV, LLC • November 19th, 2019 • Michigan
This letter sets forth the agreement (“Agreement”) among Red Oak Capital Fund IV, LLC, a Delaware limited liability company (the “Company”) and Crescent Securities Group, Inc., a Texas corporation (“Crescent”), the “Managing Broker-Dealer/Underwriter” or “MBD/U”), regarding the offering and sale by the Company of up to $50,000,000 of Bonds (the “Securities”) to be issued by the Company (the “Offering”).
LIMITED LIABILITY COMPANY AGREEMENT OF RED OAK CAPITAL FUND IV, LLCLimited Liability Company Agreement • November 19th, 2019 • Red Oak Capital Fund IV, LLC • Delaware
This Limited Liability Company Agreement, dated November 18, 2019, of Red Oak Capital Fund IV, LLC, a Delaware limited liability company (the “Company”), is entered into by the Company and Red Oak Capital GP, LLC, a Delaware limited liability company, the sole member of the Company (the “Member”).
RED OAK CAPITAL FUND IV, LLC SUBSCRIPTION AGREEMENT INSTRUCTION PAGESubscription Agreement Instruction Page • November 19th, 2019 • Red Oak Capital Fund IV, LLC • Delaware
We, Red Oak Capital Fund IV, LLC (“we,” “our,” “us,” or the “Company”), are offering a minimum of $2,000,000 in the aggregate and a maximum of $50,000,000 in the aggregate of our 6.25% senior secured bonds (the “Series A Bonds”), our 8.25% senior secured bonds (the “Series B Bonds”), our 6.5% senior secured bonds (the “Series Ra Bonds”), and our 9.0% senior secured bonds (the “Series Rb Bonds,” and collectively with the Series A Bonds, Series B Bonds and Series Ra Bonds, the “Bonds”) pursuant to the offering circular (the “Offering Circular”) dated [______], 20__ (the “Offering”). The purchase price per Bond is $1,000, with a minimum purchase amount of $10,000. Sales of Series A Bonds and Series Ra Bonds is limited to $15,000,000 in the aggregate. Series Ra Bonds and Series Rb Bonds may be purchased solely by subscribers described under “Plan of Distribution – Eligibility to Purchase Series Ra Bonds and Series Rb Bonds” in the Offering Circular.
