FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 1, LLC NOTICE TO INVESTORSForm of Subscription Agreement • March 21st, 2024 • Masterworks Vault 1, LLC • Retail-retail stores, nec • New York
Contract Type FiledMarch 21st, 2024 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 1, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 5, LLC NOTICE TO INVESTORSForm of Subscription Agreement • February 15th, 2024 • Masterworks Vault 5, LLC • Retail-retail stores, nec • New York
Contract Type FiledFebruary 15th, 2024 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 5, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 5, LLC NOTICE TO INVESTORSForm of Subscription Agreement • November 3rd, 2023 • Masterworks Vault 5, LLC • New York
Contract Type FiledNovember 3rd, 2023 Company JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 5, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 1, LLC NOTICE TO INVESTORSForm of Subscription Agreement • May 25th, 2023 • Masterworks Vault 1, LLC • Retail-retail stores, nec • New York
Contract Type FiledMay 25th, 2023 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 1, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 1, LLC NOTICE TO INVESTORSForm of Subscription Agreement • March 1st, 2023 • Masterworks Vault 1, LLC • Retail-retail stores, nec • New York
Contract Type FiledMarch 1st, 2023 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 1, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 1, LLC NOTICE TO INVESTORSForm of Subscription Agreement • January 23rd, 2023 • Masterworks Vault 1, LLC • Retail-retail stores, nec • New York
Contract Type FiledJanuary 23rd, 2023 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 1, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS [ ], LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • December 30th, 2022 • Masterworks 192, LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 30th, 2022 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks [ ], LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS [ ], LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • December 30th, 2022 • Masterworks 093, LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 30th, 2022 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks [ ], LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS [ ], LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • December 30th, 2022 • Masterworks 161, LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 30th, 2022 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks [ ], LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS [ ], LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • December 30th, 2022 • Masterworks 146, LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 30th, 2022 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks [ ], LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS [ ], LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • December 30th, 2022 • Masterworks 197, LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 30th, 2022 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks [ ], LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • May 2nd, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledMay 2nd, 2019 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • April 18th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledApril 18th, 2019 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • March 19th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledMarch 19th, 2019 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • January 30th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledJanuary 30th, 2019 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • January 8th, 2019 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledJanuary 8th, 2019 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • November 23rd, 2018 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledNovember 23rd, 2018 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.
FORM OF SUBSCRIPTION AGREEMENT MASTERWORKS 001, LLC A DELAWARE LIMITED LIABILITY COMPANY NOTICE TO INVESTORSForm of Subscription Agreement • October 22nd, 2018 • Masterworks 001, LLC • Retail-retail stores, nec • New York
Contract Type FiledOctober 22nd, 2018 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Masterworks 001, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering, it may not continue.