Joinder Agreement

SUBSCRIPTION AGREEMENT

 

I, the person named and signing below, have joined Trident Business Process Outsourcing, LP (the "Partnership"), as a limited partner, and:

 

(1)       Acknowledge I have either (a) received or (b) been given access to and reviewed the Agreement of Limited Partnership (the "Agreement") of the Partnership with the opportunity and encouragement to seek the advice and consultation of independent legal and tax counsel;

 

(2)       Acknowledge and confirm my joinder in the Limited Partnership as a limited partner with the Interest in the Partnership equal to the value of the Limited Partnership Interest given to me;

 

(3)       Acknowledge that this joinder agreement and my ownership interest in the Partnership will be subject to the restrictions against transfer stated in the Agreement and the following restriction:

 

THE PARTNERSHIP INTERESTS HAVE NOT, NOR WILL BE, REGISTERED OR QUALIFIED UNDER FEDERAL OR STATE SECURITIES LAWS. THE PARTNERSHIP INTERESTS MAY NOT BE OFFERED FOR SALE, SOLD, PLEDGED, OR OTHERWISE TRANSFERRED UNLESS REGISTERED OR QUALIFIED, OR UNLESS AN EXEMPTION FROM REGISTRATION OR QUALIFICATION EXISTS.  THE AVAILABILITY OF ANY EXEMPTION FROM REGISTRATION OR QUALIFICATION MUST BE ESTABLISHED BY AN OPINION OF COUNSEL FOR THE OWNER, WHICH OPINION AND COUNSEL MUST BE REASONABLY SATISFACTORY TO THE PARTNERSHIP.

 

(4)       Agree to be bound by the terms and conditions of the Agreement and Certificate of Formation of Limited Partnership.

 

(5)       Acknowledge that the following disclosures have been made before my execution of this subscription agreement:

 

THE PERCENTAGES OF OWNERSHIP OF THE PARTNERSHIP HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE.  THE PERCENTAGES OF OWNERSHIP ARE OFFERED AND SOLD IN RELIANCE ON EXCEPTIONS FROM THE REGISTRATION REQUIREMENT OF THE SECURITIES ACT AND SUCH LAWS, AND PARTICULARLY REGULATION D.  THE PARTNERSHIP WILL NOT BE SUBJECT TO THE REPORTING REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED, AND WILL NOT FILE REPORTS, PROXY STATEMENTS AND OTHER INFORMATION WITH THE SECURITIES AND EXCHANGE COMMISSION.

DUTIES OF THE LIMITED PARTNERS:

Each Limited Partner is expected to dutifully perform the following services to the Partnership, from and after the date of such Limited Partner’s execution of a Joinder.

Each Limited Partner shall:

  • Serve as working partners in the generation of referrals to the business of the Partnership;

  • Use commercially reasonable efforts to source and identify other Persons to become Limited Partners;

  • In accordance with the above, each Limited Partner must refer a minimum of 5 new Limited Partners to the Partnership; 

  • Promote the Partnership via personal social media channels or other demonstrable active engagement at least 2x per quarter consisting of any of the following: 

    • Social media post designed by Trident; 

    • Social media “like” or equivalent on recognized social media;

    • Instagram post;

    • Email to friends;

    • Post articles on Trident Services in blogs, B, etc.

    • Share client testimonials on social media; 

    • Participate in polls, focus groups and surveys to help improve Trident’s offerings

  • All earned financial benefits accruing to each Limited Partner shall earn at least one “point” during the course of an annual year, after which, each point shall be redeemable by the Limited Partner on a one-dollar per point basis.