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2025-03-04 20:33:58 -06:00
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@@ -28,6 +28,8 @@ By executing this Agreement, each signatory hereby certifies that:
The Company exists to develop, implement, and manage a comprehensive ecosystem of business entities operating as independent series that create sustainable value through technological innovation, operational excellence, and strategic capital deployment.
### Primary Business Activities
The Companys primary business activities include:
* Creating and supporting technology-enabled service businesses;
@@ -40,22 +42,54 @@ The Companys primary business activities include:
* Building and scaling asset management and operational business units.
### Series Structure Implementation
The Company utilizes the Texas series LLC structure to provide centralized infrastructure, governance, and support while enabling the formation and growth of innovative business ventures with aligned incentives, operational efficiencies, and enhanced value creation for all stakeholders.
The series structure further allows for proper risk isolation between business lines while maintaining unified strategic oversight and operational support.
### Series Business Units
Each series operates as a distinct business unit with its own:
* Assets and liabilities;
* Members and governance;
* Operational focus and business model; and
* Operational focus and business model;
* Risk profile and compliance requirements;
while benefiting from the shared resources, governance framework, and strategic guidance of the Company.
### Strategic Objectives and Values
In pursuing its mission, the Company is committed to:
* Sustainable long-term growth over short-term gains;
* Technological innovation that creates tangible market advantages;
* Ethical business practices and transparent governance;
* Collaborative ecosystems that leverage collective expertise;
* Risk management through proper entity structuring and compliance; and
* Creating value for all stakeholders, including members, employees, customers, and partners.
### Geographic and Jurisdictional Scope
The Company may conduct business throughout the United States and internationally, subject to:
* Appropriate foreign entity registrations where required;
* Compliance with applicable jurisdictional requirements;
* Implementation of proper risk mitigation measures for jurisdictions that may not recognize series LLC structures; and
* Strategic assessment of jurisdictional advantages and limitations for each business initiative.
## Section 1.3 - Purpose of Amendment and Restatement
The Company hereby amends and restates the Prior Agreement to implement comprehensive changes to the Companys governance, operational structure, and capital framework, necessitated by: