ADPI Fund I, LLC Sample Contracts

AMENDED AND RESTATED ESCROW AGREEMENT
Escrow Agreement • February 21st, 2023 • ADPI Fund I, LLC • Real estate • Utah

This Amended and Restated Escrow Agreement (this “Agreement”), dated as of the agreement date set forth on the signature page hereto (“Agreement Date”) and effective as of the effective date set forth on the signature page hereto (“Effective Date”), is entered into by the following:

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Second Amended and Restated Operating Agreement of ADPI Fund I, LLC
Operating Agreement • December 20th, 2022 • ADPI Fund I, LLC • Real estate

THIS SECOND AMENDED AND RESTATED OPERATING AGREEMENT (the “Agreement”), effective October 14, 2022 (the “Effective Date”), is made and entered into by and among ADPI Fund I, LLC (the “Company”), and those Persons (i) executing the Member Counterpart Signature Page and Limited Power of Attorney, attached hereto as Exhibit A and incorporated herein by this reference, (ii) who are accepted by the manager of the Company (the “Manager”), and (iii) who by their signatures hereto hereby represent and agree to all of the terms and conditions set forth herein (each an “Member,” and collectively, the “Members”). This Agreement sets forth the rights, duties, obligations, and responsibilities of the Members and the Manager with respect to the Company and amends and restates the Company’s prior amended and restated operating agreement, dated June 27, 2022. The Members and the Manager hereby agree as follows:

INTELLECTUAL PROPERTY LICENSE AGREEMENT
Intellectual Property License Agreement • July 7th, 2022 • ADPI Fund I, LLC • Real estate • Ohio

This Intellectual Property License Agreement (“Agreement”) is dated July 1, 2022 (“Effective Date”) and is between Active Duty Passive Income LLC, an Ohio limited liability company (“Licensor”) and ADPI Fund I, LLC, an Ohio limited liability company (“Licensee”).

ADVISORY BOARD MEMBER AGREEMENT
Advisory Board Member Agreement • July 7th, 2022 • ADPI Fund I, LLC • Real estate • Wyoming

This Advisory Board Member Agreement (the “Agreement”) is dated July 1, 2022 (“Effective Date”) and is between _______________, an individual (the “Advisor”), and ADPI Fund I, LLC, a Wyoming limited liability company (the “Company”). Advisor and Company are sometimes referred to in this Agreement individually as a “Party” and collectively as “Parties.”

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