0001493152-26-018779 Sample Contracts
PLAN OF CONVERSION OF [NAME OF DE ENTITY] TO [SERIES LIMITED LIABILITY COMPANY NAME]Plan of Conversion • April 23rd, 2026 • Masterworks Vault 14, LLC
This Plan of Conversion (this “Plan”) is entered into by and between [NAME OF DE Series LLC], a Delaware series limited liability company (the “Converting Entity”), which intends to convert (the “Conversion”) into [NAME OF TX Series LLC], a Texas series limited liability company (the “Converted Entity”) as of this ___ day of __________ , 2025.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT [ ], LLC NOTICE TO INVESTORSSubscription Agreement • April 23rd, 2026 • Masterworks Vault 14, LLC • New York
Investing in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault [ ], 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 ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • April 23rd, 2026 • Masterworks Vault 14, LLC • Texas
This ASSIGNMENT AND ASSUMPTION AGREEMENT is entered into as of [ ], 2026 (this “Agreement”) by and between Masterworks [ ], LLC, a Texas limited liability company (“Assignor”), and Series [ ], a Texas protected series (“Assignee”).