Page 24 - November 17, 2025 - Term Sheet & Compliance Package - Black Mountain Global Group - english
P. 24

OWNERSHIP CONDITIONS



          Taking into account the jurisdiction of SPARK VENTURE PARTNERS LLC, the Company, in its corporate form as a Limited Liability Company (“LLC”), is subject to the

          underlying corporate laws of the US state of Delaware.



                       The corporate rights of a Delaware LLC are based on the „Delaware Limited Liability Company Act, which is described in Chapter 18, Title 6 & Title 8 of the

                       Delaware Code“.



          If you need the full text of the „Delaware Limited Liability Company Act, Chapter 18, Title 6 & Title 8 of the Delaware Code“, please contact our Compliance & Legal

          Department.



                                The  membership  interests  of  SPARK  VENTURE  PARTNERS  LLC  are  wholly  owned  by  the  members  of  this  company.  Neither  the  membership

                                interests nor the assets contained in the company have been assigned or pledged to third parties, nor are they subject to any other encumbrances

                                or conditions imposed by third parties.



          As a result, the assets described in the COMPLIANCE PACKAGE are freely available and unencumbered in order to be able to implement the business purpose stated in

          the COMPLIANCE PACKAGE in a legally compliant manner without any restrictions.
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