Community Records Operating Agreement Ownership Structure
1. Ownership in Summary - Before and after investment
Common Units at
Beginning
Class A
Common Units After (Investors can be given up to 29% of
the Common Units in TOTAL)
Investment
51%
Founders
Investor
Voting Members
TBD%
72%
10%
Class B
Board of Managers
Investor
Investor
Investor
14%
TBD%
Voting Members
TBD%
TBD%
10%
Investor
14%
Total
100%
71%
TBD%
Investor
Artist Advisory Board
TBD%
Investor
Class C
TBD%
+
29%
= 100%