EX-3.20 6 vvml_ex3z20.htm SERIES DESIGNATION FOR VV-LAF10

CERTIFICATE OF DESIGNATIONS 

OF THE 

SERIES VV-LAF10 MEMBERSHIP INTEREST 

A SERIES OF 

VV MARKETS, LLC 

January 21, 2022 

  

VV MARKETS, LLC, a Delaware series limited liability company (the “Company”), hereby certifies that the following resolution pertaining to the creation and designation of the VV-LAF10 Series (the “VV-LAF10 Series”) and the creation of the VV-LAF10 Interests (the “VV-LAF10 Interests” or the “Interests”), was adopted by the VinVesto, Inc., the Manager of the Company (the “Manager”). Capitalized terms used but not defined herein shall have the respective meanings ascribed thereto in the Company’s Operating Agreement (the “Operating Agreement”) or, if not defined therein, in the offering circular for the sale of the Interests as filed with the U.S. Securities and Exchange Commission in January 2021 (the “Offering Circular”). 

  

RESOLVED, that pursuant to the authority granted to and vested in the Manager in accordance with the provisions of the Operating Agreement, the Managers hereby establishes the VV-LAF10 Series and the creation of the VV-LAF10 Interests; 

  

RESOLVED FURTHER, that pursuant to the authority granted to and vested in the Manager in accordance with the provisions of the Operating Agreement, the Manager hereby fixes (i) the designation of the VV-LAF10 Interests as indicated opposite “DESIGNATION” below; (ii) the number of authorized shares of such VV-LAF10 Interests as indicated opposite “AUTHORIZED INTERESTS” below; (iii) the Series Assets (as defined in the Operating Agreement) for such Series as indicated opposite “SERIES ASSETS” below; (iv) the voting powers of the VV-LAF10 Interests as indicated opposite “VOTING POWERS” below; (v) the terms of redemption of such VV-LAF10 Interests as indicated opposite “REDEMPTION” below; and (vi) the transfer restrictions applicable to such VV-LAF10 Interests opposite “TRANSFER RESTRICTIONS” below: 

  

DESIGNATION

  

VV-LAF10 Interests 

  

  

  

AUTHORIZED SHARES

  

Minimum: 1,210 / Maximum: 1,331 Interests 

  

  

  

 

SERIES ASSETS

Lafite 10 Year Vertical Collection

 

Wine

Vintage

Quantity

Bottle Size (ml)

 

Chateau Lafite Rothschild

2010

12

750

 

Chateau Lafite Rothschild

2011

12

750

 

Chateau Lafite Rothschild

2012

12

750

 

Chateau Lafite Rothschild

2013

12

750

 

Chateau Lafite Rothschild

2014

12

750

 

Chateau Lafite Rothschild

2015

12

750

 

Chateau Lafite Rothschild

2016

12

750

 

Chateau Lafite Rothschild

2017

12

750

 

Chateau Lafite Rothschild

2018

12

750

 

Chateau Lafite Rothschild

2019

12

750


 

  

  

  

VOTING POWERS: 

  

No Voting Powers. 

  

  

  

REDEMPTION BY THE COMPANY: 

  

See Operating Agreement.   

  

  

  

TRANSFER RESTRICTIONS: 

  

See Operating Agreement.  

 

  

RESOLVED FURTHER, that such Interests shall have such other powers, terms, conditions, designations, preferences and privileges; relative, participating, optional and other special rights; and qualifications, limitations and restrictions thereof as set forth in the Company’s Operating Agreement. 

  

(Signature Page Follows) 

  


 

IN WITNESS WHEREOF, VV MARKETS, LLC has caused this Certificate of Designations for SERIES VV-LAF10 to be executed by its Manager as of the date first set forth above. 

  

 

 

VINVESTO, INC.

 

 

 

 

 

 

 

BY:

Nicholas King

 

 

NAME:  Nick King  

 

 

TITLE: Managing Member