EX-3.23 9 vvml_ex3z23.htm SERIES DESIGNATION FOR VV-GPS

CERTIFICATE OF DESIGNATIONS 

OF THE 

SERIES VV-GPS MEMBERSHIP INTEREST 

A SERIES OF 

VV MARKETS, LLC 

January 27, 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-GPS Series (the “VV-GPS Series”) and the creation of the VV-GPS Interests (the “VV-GPS 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-GPS Series and the creation of the VV-GPS 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-GPS Interests as indicated opposite “DESIGNATION” below; (ii) the number of authorized shares of such VV-GPS 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-GPS Interests as indicated opposite “VOTING POWERS” below; (v) the terms of redemption of such VV-GPS Interests as indicated opposite “REDEMPTION” below; and (vi) the transfer restrictions applicable to such VV-GPS Interests opposite “TRANSFER RESTRICTIONS” below: 

  

DESIGNATION

  

VV-GPS Interests 

  

  

  

AUTHORIZED SHARES

  

Minimum: 3,000 / Maximum: 3,300 Interests 

  

  

  

 

 

Glenfarclas Pagoda Series

 

Wine

Vintage

Quantity

Bottle Size (ml)

 

Glenfarclas Pagoda Series Sapphire

63 Year Old

1

750

 

Glenfarclas Pagoda Series Ruby

62 Year Old

1

750

 

Glenfarclas Pagoda Series Gold

59 Year Old

1

750

 

Glenfarclas Pagoda Series Silver

48 Year Old

1

750

 

Glenfarclas Pagoda Series Bronze

43 Year Old

1

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-GPS 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