+
+ This Joinder Agreement to the Operating Agreement (this
+ “Joinder”) is made and entered into as
+ of the date hereof (the “Effective Date
+ ”) by and between PYTH DAO LLC, a non-profit limited
+ liability company incorporated as per the laws of
+ Republic of the Marshall Islands (the “
+ Company”) and you (the “
+ Joining Party”). Capitalized terms used
+ but not defined in this Joinder shall have the
+ respective meanings ascribed to such terms in the
+ Operating Agreement (as defined below).
+
+
+ The Joining Party acknowledges that:
+
+
+ The Members of the Company have entered into that
+ {/* TODO: put the right date here */}
+ certain Operating Agreement, dated as of [__] (the “
+ Operating Agreement”), a copy of which
+ is available at the following link:{' '}
+
+ Operating Agreement
+
+ .{' '}
+
+
+ The Joining Party desires to become a Member of the
+ Company, pursuant to the terms and conditions set forth
+ in the Operating Agreement.
+
+
+ Pursuant to the Article III of the Operating Agreement,
+ the Joining Party intends to acquire a Membership
+ Interest in the Company by staking PYTH SPL Tokens in
+ the Pyth Staking Program.
+
+
+ Pursuant to Article IX of the Operating Agreement, any
+ prospective member may become a Member automatically by
+ acquiring a Membership Interest as described in Article
+ III of the Operating Agreement and upon signing an
+ agreement (including electronically via their wallet
+ address) stating, among other things that they agree to
+ become a Member of the Company and be bound by the terms
+ of the Operating Agreement.
+
+
+ AGREEMENT
+
+
+ NOW, THEREFORE, in consideration of the mutual covenants
+ and agreements herein contained, and other good and
+ valuable consideration, the receipt and sufficiency of
+ which are hereby acknowledged, the Joining Party and the
+ Company agree as follows:
+
+
+ Joinder. The Joining Party hereby agrees to (i)
+ become a Member, pursuant to Articles III and IX of the
+ Operating Agreement, and (ii) be bound by and adhere to
+ the terms and conditions of the Operating Agreement.
+
+
+ Disclaimer. The Joining Party has had the
+ opportunity to consult with its own tax adviser and
+ counsel to discuss and understand any tax and other
+ legal consequences of acquisition, ownership and
+ disposition of the Tokens, and any voting of their
+ Membership Interests.
+
+
+ Representations and Warranties of Joining Party.
+ The Joining Party hereby represents and warrants to
+ Company as follows:
+
+
+ Authorization. The Joining Party has full power
+ and authority and, with respect to any individual, the
+ capacity to enter into this Joinder. This Joinder when
+ executed and delivered by Joining Party, will constitute
+ valid and legally binding obligations of the Joining
+ Party, enforceable in accordance with its terms.
+
+
+ Restricted Persons. The Joining Party is not a
+ resident of Iran, Syria, Cuba, North Korea, or the
+ Crimea, Donetsk, or Luhansk regions of the Ukraine or
+ any other regions and jurisdictions, as updated per RMI
+ government guidelines and set forth in the Pyth
+ Governance Program.
+
+
+ Miscellaneous.
+
+
+ Governing Law. This Joinder is governed by and
+ shall be construed in accordance with the laws of the
+ Republic of the Marshall Islands without regard to the
+ conflicts of law principles thereof.
+
+
+ Amendment. Any provision of this Joinder may be
+ amended only by a written agreement executed by you and
+ the Company.
+
+