AMENDED AND RESTATED MEMBER INTEREST LETTER Canapi Ventures LOB SLP II, LLC 1741 Tiburon Drive Wilmington, NC 28403Member Interest Letter • May 3rd, 2023 • Live Oak Bancshares, Inc. • State commercial banks
Reference is made to the Amended and Restated Limited Liability Company Agreement of Canapi Ventures LOB SLP II, LLC (the “Special Limited Partner”) dated as of the date hereof, by and among Canapi LOB MM, LLC (the “Managing Member”) and the other Members set forth in the books and records of the Special Limited Partner (the “SLP Agreement”). All capitalized terms not otherwise defined herein shall have the meanings assigned to them in the SLP Agreement. This letter agreement (this “Interest Letter”) shall constitute your Interest Letter for purposes of the SLP Agreement. This Interest Letter supersedes and replaces in its entirety the letter agreement entered into with the undersigned as of May 5, 2022 (the “Original Interest Letter”).
MEMBER INTEREST LETTER Canapi Ventures LOB SLP II, LLC 1741 Tiburon Drive Wilmington, NC 28403Member Interest Letter • November 2nd, 2022 • Live Oak Bancshares, Inc. • State commercial banks
Reference is made to the Amended and Restated Limited Liability Company Agreement of Canapi Ventures LOB SLP II, LLC (the “Special Limited Partner”) dated as of May 5, 2022, by and among Canapi LOB MM, LLC (the “Managing Member”) and the other Members set forth in the books and records of the Special Limited Partner (the “SLP Agreement”). All capitalized terms not otherwise defined herein shall have the meanings assigned to them in the SLP Agreement. This letter agreement (this “Interest Letter”) shall constitute your Interest Letter for purposes of the SLP Agreement.
