sam/sns-network-solutions
1
0
Fork 0
Code Issues 31 Pull Requests 5 Actions Packages Projects Releases Wiki Activity

Holdings OA (single-member, simplified), Hospitality Group OA (multi-member w/ Kiowa terms), T-00 trailer setup

Browse Source 
- Holdings OA: redrafted as single-member, removed trust/estate provisions,
  expanded IP authority, removed logo
- REMINDERS.md: Indiana LLC compliance/maintenance schedule
- Hospitality Group OA: full multi-member agreement reflecting negotiated
  terms — tiered buyback (100/75/50/0), ROFR, forfeiture for cause,
  grant finder fee, proportional investment equity, outcome-based metrics,
  mutual consent on major decisions, Operations Director role, shared
  escalation responsibility
- Hospitality Group Overview: matching HTML summary document
- T-00 (Daily Pour): directory structure, README, materials.csv with
  equipment/pricing/links, branding assets, mockups, floorplan
- README: updated 5-year growth plan, equity terms, roles
This commit is contained in:
Samuel James 2026-08-01 11:26:50 -05:00
parent d04c611c7f
commit c4bd17ed37
17 changed files with 1496 additions and 642 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

140
businesses/00-holdings/docs/REMINDERS.md Normal file
View File

@ -0,0 +1,140 @@
# SnS Network Solutions Holdings LLC — Compliance & Maintenance Reminders
**Entity:** SnS Network Solutions Holdings LLC
**State:** Indiana (St. Joseph County)
**EIN:** 42-4099038
**Formation date:** July 27, 2026
**Registered agent:** Samuel S. James, 759 Boxwood Drive, South Bend, IN 46641
**Admin domain:** snsnetworksolutions.net
**Tools:** Google Workspace (Drive, Docs, Sheets, Calendar)
---
## Annual / Recurring Obligations
### 1. Business Entity Report (every 2 years)
| Field | Detail |
|-------|--------|
| **What** | Indiana Business Entity Report |
| **Due** | Every 2 years, in your formation anniversary month (**July**) |
| **First due** | **July 2028** |
| **Cost** | $32 online |
| **Where** | [INBiz](https://inbiz.in.gov) → My Filings → File a Report |
| **Consequence of missing** | Administrative dissolution — the LLC ceases to exist in the eyes of the state |
**How to file:**
1. Log into INBiz (your account is already set up — see `inbiz-account-setup.md`)
2. Navigate to your entity: SnS Network Solutions Holdings LLC
3. Click "File a Report"
4. Confirm: registered agent name/address, principal office, member name
5. Pay $32 (card)
6. Save the confirmation receipt to Google Drive → `Holdings/Compliance/`
**Calendar reminder:** Set for June 1 of every even year (2028, 2030, 2032…) — gives you a full month buffer before the July deadline.
---
### 2. Registered Agent Obligation (ongoing)
You are your own registered agent. This means:
- You must be **available at 759 Boxwood Drive during normal business hours** to accept service of process (legal papers, state correspondence)
- If you move, travel extended periods, or can't reliably be there — **appoint a commercial registered agent** ($100–300/yr) and update INBiz within 30 days of the change
**If your address changes:**
1. INBiz → entity → "Change of Registered Agent/Office"
2. Update this document
3. Update the Operating Agreement (§2)
---
### 3. Tax Filing (annual)
| Field | Detail |
|-------|--------|
| **Federal** | As a single-member LLC, the entity is **disregarded** — report on your personal 1040 (Schedule C or Schedule E depending on activity) |
| **Indiana state** | Indiana does not have a separate LLC annual tax/franchise tax. Your LLC income flows to your personal Indiana IT-40. |
| **Due** | April 15 (same as personal return) — or extension deadline (October 15) |
**When this changes:**
- If you elect S-corp treatment → Form 1120-S due March 15 + K-1 to yourself
- If you add members → partnership return (Form 1065) due March 15
**For now:** Nothing extra to file. Your CPA handles it with your personal return. Just keep Holdings income/expenses tracked separately (even if $0).
---
### 4. Bookkeeping (ongoing — even if $0)
Maintain a separate ledger for Holdings, even if nothing flows through it yet. This proves the entity is real and separate from you personally.
**Minimum:**
- Dedicated bank account (no personal transactions through it)
- Track: any capital contributions, any distributions, any expenses (filing fees, LegalShield, domain renewal)
- Year-end: produce a simple P&L and balance sheet (even if it's $32 filing fee and $0 revenue)
**Tool:** Google Sheets → `Holdings/Financials/` — one sheet per year is fine until there's real volume.
---
### 5. Domain Renewal
| Domain | Registrar | Renews | Cost |
|--------|-----------|--------|------|
| snsnetworksolutions.net | TBD — confirm | TBD — confirm | ~$12–15/yr |
**Action:** Confirm the registrar and renewal date. Set a calendar reminder 30 days before expiry. Consider enabling auto-renew.
---
## One-Time Items (do once, then done)
| Item | Status | Notes |
|------|--------|-------|
| Sign the Operating Agreement | **TODO** | Print, sign, date, scan to Drive `Holdings/Legal/` |
| Open Holdings bank account | **TODO** | Bring: EIN letter (CP 575 G) + signed OA + certificate of organization |
| Store formation docs in Drive | **TODO** | Certificate of org, EIN letter, signed OA, INBiz receipt → `Holdings/Legal/` |
| Set calendar reminders | **TODO** | BER (June 1, 2028), domain renewal, LegalShield renewal |
---
## Subsidiary Formation Checklist (repeat per sub)
When you form a new subsidiary under Holdings:
1. Confirm name on INBiz
2. File Articles of Organization ($95) — list Holdings LLC as sole member
3. Get EIN for the sub (IRS online, free)
4. Draft subsidiary operating agreement — Holdings as sole member
5. Open subsidiary bank account (separate from Holdings and personal)
6. Record the subsidiary in Holdings' decision log
7. Set the sub's own BER reminder (2 years from its formation month)
---
## Key Dates Summary
| Date | Event | Action |
|------|-------|--------|
| July 27, 2026 | Formation | Done ✅ |
| **June 1, 2028** | BER reminder fires | File report on INBiz ($32) before end of July 2028 |
| **July 2028** | BER deadline | Must be filed or entity faces admin dissolution |
| Every 2 years after | BER | Repeat |
| April 15 annually | Tax (personal return includes Holdings) | CPA handles — just provide the separate Holdings ledger |
---
## Where Things Live
| What | Where |
|------|-------|
| Legal docs (signed OA, cert of org, EIN) | Google Drive → `Holdings/Legal/` |
| Compliance receipts (BER confirmations) | Google Drive → `Holdings/Compliance/` |
| Financials (ledger, P&L) | Google Sheets → `Holdings/Financials/` |
| This repo (working docs, drafts, branding) | `sns-network-solutions/businesses/00-holdings/` |
| Passwords/secrets | Bitwarden |
---
*This is a maintenance checklist, not legal advice. Confirm deadlines with your CPA and attorney.*

297
businesses/00-holdings/docs/operating-agreement.html
View File

@ -3,7 +3,7 @@
<head> <head>
<meta charset="UTF-8"> <meta charset="UTF-8">
<meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>Amended and Restated Operating Agreement — SnS Network Solutions Holdings LLC</title> <title>Operating Agreement — SnS Network Solutions Holdings LLC</title>
<style> <style>
:root{ :root{
--navy:#0A1628; --navy:#0A1628;
@ -13,9 +13,6 @@
--paper:#ffffff; --paper:#ffffff;
--muted:#5b6472; --muted:#5b6472;
--rule:#e2e6ec; --rule:#e2e6ec;
--todo-bg:#fff8e1;
--todo-border:#e8b800;
--blank-bg:#eef8fa;
} }
*{box-sizing:border-box} *{box-sizing:border-box}
body{ body{
@ -73,15 +70,6 @@
margin-bottom:32px; margin-bottom:32px;
} }
.meta-bar b{color:var(--ink)} .meta-bar b{color:var(--ink)}
.disclaimer{
background:var(--todo-bg);
border:1px solid var(--todo-border);
border-radius:8px;
padding:16px 20px;
font-size:.88rem;
margin-bottom:36px;
}
.disclaimer b{color:#7a5c00}
h2{ h2{
font-family:Oxanium,Sora,system-ui,sans-serif; font-family:Oxanium,Sora,system-ui,sans-serif;
font-size:1.05rem; font-size:1.05rem;
@ -92,16 +80,8 @@
} }
h2:first-of-type{margin-top:0} h2:first-of-type{margin-top:0}
p{margin:0 0 12px} p{margin:0 0 12px}
ul{margin:0 0 12px;padding-left:22px} ul,ol{margin:0 0 12px;padding-left:22px}
li{margin-bottom:6px} li{margin-bottom:6px}
.blank{
background:var(--blank-bg);
border-bottom:1px solid var(--cyan);
padding:1px 6px;
border-radius:3px;
font-style:italic;
color:var(--muted);
}
.definitions dt{font-weight:700;color:var(--navy);margin-top:10px} .definitions dt{font-weight:700;color:var(--navy);margin-top:10px}
.definitions dd{margin:2px 0 0} .definitions dd{margin:2px 0 0}
.execution{ .execution{
@ -134,108 +114,69 @@
<div class="doc"> <div class="doc">
<div class="letterhead"> <div class="letterhead">
<img src="../branding/holdings-logo.png" alt="SnS Network Solutions Holdings LLC">
<div class="doctitle"> <div class="doctitle">
<h1>AMENDED AND RESTATED OPERATING AGREEMENT</h1> <h1>OPERATING AGREEMENT</h1>
<div class="entity">SnS Network Solutions Holdings LLC</div> <div class="entity">SnS Network Solutions Holdings LLC</div>
</div> </div>
</div> </div>
<div class="meta-bar"> <div class="meta-bar">
<div><b>Entity type:</b> Multi-Member LLC</div> <div><b>Entity type:</b> Single-Member LLC</div>
<div><b>State of formation:</b> Indiana</div> <div><b>State of formation:</b> Indiana</div>
<div><b>EIN:</b> 42-4099038</div> <div><b>EIN:</b> 42-4099038</div>
<div><b>Effective date:</b> July 28, 2026</div> <div><b>Effective date:</b> July 28, 2026</div>
</div> </div>
<h2>1. Formation and Purpose</h2> <h2>1. Formation and Purpose</h2>
<p>This Amended and Restated Operating Agreement (the "Agreement") is entered into by the <p>This Operating Agreement (the "Agreement") is entered into by the undersigned sole
undersigned Members, <b>Samuel S. James</b>, <b>Annie Deondria Chatman</b>, and Member, <b>Samuel S. James</b> (the "Member"), to govern the operations of
<b>Richard E. Williams</b> (each a "Member" and collectively the "Members"), to govern <b>SnS Network Solutions Holdings LLC</b>, a limited liability company organized under
the operations of <b>SnS Network Solutions Holdings LLC</b>, a limited liability the Indiana Business Flexibility Act (Indiana Code § 23-18).</p>
company organized under the Indiana Business Flexibility Act (Indiana Code § 23-18). <p>The Company is organized as a long-term holding company whose purpose is to acquire,
This Agreement amends and restates the Company's original single-member operating own, manage, protect, and preserve ownership interests in subsidiary companies,
agreement in full, admitting Annie Deondria Chatman and Richard E. Williams as Members intellectual property, real property, investments, and other business assets. The Company
effective as of the date above.</p> exists to provide centralized ownership, governance, and long-term stewardship of its
affiliated enterprises.</p>
<p>The Company is formed to act as a <b>holding company</b>. Its primary purpose is to own, <p>The Company is formed to act as a <b>holding company</b>. Its primary purpose is to own,
manage, and oversee its subsidiary entities and other business interests. The Company manage, and oversee its subsidiary entities and other business interests. The Company
is not intended to engage in operating or client-facing business, and the Members shall is not intended to engage in operating or client-facing business, and the Member shall
conduct the Company's affairs so as to avoid incurring operating liabilities directly. conduct the Company's affairs so that any direct operating activities remain incidental
This statement of intent does not by itself eliminate or limit any liability the Company to the Company's primary purpose as a holding company.</p>
may actually incur under law; nothing in this Agreement should be relied upon as a
guarantee against liability.</p>
<h2>2. Registered Office and Registered Agent</h2> <h2>2. Registered Office and Registered Agent</h2>
<ul> <ul>
<li><b>Principal office:</b> 759 Boxwood Drive, South Bend, IN 46641</li> <li><b>Principal office:</b> 759 Boxwood Drive, South Bend, IN 46641</li>
<li><b>Registered agent:</b> Samuel S. James (a Member), serving as his own registered agent.</li> <li><b>Registered agent:</b> Samuel S. James, serving as his own registered agent.</li>
<li><b>Registered office address:</b> same as the principal office above — 759 Boxwood Drive, South Bend, IN 46641</li> <li><b>Registered office address:</b> 759 Boxwood Drive, South Bend, IN 46641</li>
</ul> </ul>
<p>Samuel S. James, as the Member serving in this role, may change the principal office <p>The Member may change the principal office or registered agent at any time, consistent
or registered agent at any time, consistent with Indiana filing requirements. Serving as with Indiana filing requirements.</p>
one's own registered agent requires being reliably available at the registered office
during business hours to accept service of process; if that stops being practical
(e.g., due to travel, relocation, or incapacity), the Members shall promptly appoint a
commercial registered agent service and update the designation on file with the Indiana
Secretary of State.</p>
<h2>3. Members and Ownership</h2> <h2>3. Member and Ownership</h2>
<p>The Company has three Members, holding the following Membership Interests:</p> <p>The sole Member of the Company is <b>Samuel S. James</b>, who holds <b>100%</b> of the
<table style="width:100%;border-collapse:collapse;margin:14px 0"> Membership Interest. As the only member, the Member is entitled to all allocations,
<tr style="border-bottom:1px solid var(--rule)"> distributions, and voting rights of the Company.</p>
<th style="text-align:left;padding:6px 8px">Member</th>
<th style="text-align:left;padding:6px 8px">Membership Interest</th>
</tr>
<tr style="border-bottom:1px solid var(--rule)">
<td style="padding:6px 8px">Samuel S. James</td><td style="padding:6px 8px">97%</td>
</tr>
<tr style="border-bottom:1px solid var(--rule)">
<td style="padding:6px 8px">Annie Deondria Chatman</td><td style="padding:6px 8px">1%</td>
</tr>
<tr style="border-bottom:1px solid var(--rule)">
<td style="padding:6px 8px">Richard E. Williams</td><td style="padding:6px 8px">2%</td>
</tr>
</table>
<p>Each Member is admitted with full membership rights — voting, management
participation, and economic rights (allocations and distributions) — in proportion to
their Membership Interest, except as otherwise stated in this Agreement. Allocations of
profit and loss for tax purposes are made in proportion to each Member's Membership
Interest, unless the Members otherwise agree in writing and as permitted by applicable
economic-substance and tax requirements.</p>
<p><i>Confirm capital account and tax-allocation mechanics for the new Membership
Interests, including whether any special allocations or a formal capital contribution is
being made by Annie or Richard in exchange for their interest.</i></p>
<h2>4. Management</h2> <h2>4. Management</h2>
<p>The Company shall be <b>Member-managed</b>. Each Member has voting rights in <p>The Company shall be <b>Member-managed</b>. The Member has full and exclusive authority
proportion to their Membership Interest as set out in §3. Except as otherwise stated in to make all decisions regarding the Company's business, including, without limitation:</p>
this Agreement, actions and decisions of the Company require the approval of Members
holding a <b>majority of the Membership Interests</b>. Because Samuel S. James holds
97% of the Membership Interests, he retains sole authority to approve or reject any
Company decision, including, without limitation:</p>
<ul> <ul>
<li>Forming, acquiring, financing, and managing subsidiary entities;</li> <li>Forming, acquiring, financing, and managing subsidiary entities;</li>
<li>Opening and controlling bank and financial accounts;</li> <li>Opening and controlling bank and financial accounts;</li>
<li>Entering into contracts and holding the Company's brand, intellectual property, and other assets;</li> <li>Entering into contracts and acquiring, owning, licensing, protecting, assigning, and
managing trademarks, service marks, trade names, domain names, copyrights, software,
proprietary systems, trade secrets, patents, marketing assets, branding, and other
intellectual property or business assets for itself or any subsidiary;</li>
<li>Admitting new members (which would require amending this Agreement — see §12).</li> <li>Admitting new members (which would require amending this Agreement — see §12).</li>
</ul> </ul>
<p>Samuel S. James is designated the Company's day-to-day managing Member, with
authority to conduct ordinary business on the Company's behalf without a separate vote
of the other Members, subject to the majority-approval requirement above for major
decisions (e.g., admitting members, encumbering or selling material assets, or
dissolving the Company).</p>
<p><i>Confirm whether "major decisions" should be enumerated more specifically, and
whether Annie and Richard should have any consent rights notwithstanding their minority
interest (e.g., on related-party transactions or amendments affecting their own
interest).</i></p>
<h2>5. Subsidiary Management</h2> <h2>5. Subsidiary Management</h2>
<p>The Company is authorized to form, acquire, and hold interests in subsidiary limited <p>The Company is authorized to form, acquire, and hold interests in subsidiary limited
liability companies and other entities. The Company shall act as the <b>sole member</b> liability companies and other entities. The Company shall act as the <b>sole member</b>
(or controlling owner) of such subsidiaries so that the parent–subsidiary relationship (or controlling owner) of such subsidiaries so that the parent–subsidiary relationship
is clearly maintained.</p> is clearly maintained.</p>
<p>To preserve limited-liability protection for the Company, the Members, and each <p>To preserve limited-liability protection for the Company, the Member, and each
subsidiary, the managing Member shall:</p> subsidiary, the Member shall:</p>
<ul> <ul>
<li>Keep the Company's assets, accounts, and records <b>separate</b> from those of every <li>Keep the Company's assets, accounts, and records <b>separate</b> from those of every
subsidiary and from any Member's personal affairs (no commingling of funds);</li> subsidiary and from any Member's personal affairs (no commingling of funds);</li>
@ -246,42 +187,29 @@
<h2>6. Capital Contributions and Distributions</h2> <h2>6. Capital Contributions and Distributions</h2>
<ul> <ul>
<li><b>Capital contributions:</b> Members may contribute capital to the Company as <li><b>Capital contributions:</b> The Member may contribute capital to the Company as
needed and as agreed among the Members. Contributions are recorded in the Company's needed. Contributions are recorded in the Company's books.</li>
books against each Member's capital account.</li>
<li><b>Distributions:</b> Distributions of available cash or profits are made to the <li><b>Distributions:</b> Distributions of available cash or profits are made to the
Members <b>pro rata in proportion to their Membership Interests</b>, at the times Member at the times and in the amounts the Member determines, subject to the
and in the amounts the managing Member determines under §4, subject to the
Company's financial obligations and applicable law (the Company may not make a Company's financial obligations and applicable law (the Company may not make a
distribution that would render it unable to pay its debts as they come due).</li> distribution that would render it unable to pay its debts as they come due).</li>
</ul> </ul>
<h2>7. Bank Accounts, Books, and Records</h2> <h2>7. Bank Accounts, Books, and Records</h2>
<ul> <ul>
<li>The Company shall maintain <b>its own bank account(s)</b>, separate from any Member's <li>The Company shall maintain <b>its own bank account(s)</b>, separate from the Member's
personal accounts and from every subsidiary's accounts.</li> personal accounts and from every subsidiary's accounts.</li>
<li>The Company shall keep accurate books and records of its finances, ownership <li>The Company shall keep accurate books and records of its finances, ownership interests
interests in subsidiaries, and material decisions.</li> in subsidiaries, and material decisions.</li>
<li>Records shall be maintained at the principal office and retained as required by <li>Records shall be maintained at the principal office and retained as required by
Indiana law.</li> Indiana law.</li>
</ul> </ul>
<h2>8. Tax Treatment</h2> <h2>8. Tax Treatment</h2>
<p>With the admission of Annie Deondria Chatman and Richard E. Williams as Members, the <p>As a single-member LLC, the Company is by default treated as a <b>disregarded entity</b>
Company is no longer a single-member LLC. By default, a multi-member LLC is treated as for U.S. federal income tax purposes; its income and expenses are reported on the
a <b>partnership</b> for U.S. federal income tax purposes; each Member reports their Member's individual return. The Member may elect a different classification (for
proportionate share of income and expense (per §3) on their individual return via a example, S-corporation treatment) by filing the appropriate IRS election.</p>
Schedule K-1. The Members may elect a different classification (for example, taxation
as a corporation) by filing the appropriate IRS election. The best classification for
the Company depends on the overall tax strategy across the Company and its
subsidiaries, not this entity in isolation.</p>
<p><i>Confirm tax treatment and any elections given the Company's new multi-member
status; confirm whether Annie's and Richard's interests are capital interests or
profits interests, since the tax treatment of granting an equity interest for services
differs from a purchased/contributed interest; confirm whether a new EIN or a
partnership representative designation (BBA audit regime) is required; a partnership
tax return (Form 1065) will likely now be required in addition to/instead of prior
disregarded-entity reporting.</i></p>
<ul> <ul>
<li><b>EIN:</b> 42-4099038 (IRS Notice CP575G, issued July 27, 2026)</li> <li><b>EIN:</b> 42-4099038 (IRS Notice CP575G, issued July 27, 2026)</li>
<li><b>Fiscal year:</b> Calendar year (January 1 – December 31)</li> <li><b>Fiscal year:</b> Calendar year (January 1 – December 31)</li>
@ -290,150 +218,69 @@
<h2>9. Liability and Indemnification</h2> <h2>9. Liability and Indemnification</h2>
<p>To the fullest extent permitted by Indiana law:</p> <p>To the fullest extent permitted by Indiana law:</p>
<ul> <ul>
<li>No Member shall be <b>personally liable</b> for the debts, obligations, or <li>The Member shall <b>not be personally liable</b> for the debts, obligations, or
liabilities of the Company solely by reason of being a member; and</li> liabilities of the Company solely by reason of being a member; and</li>
<li>The Company shall <b>indemnify and hold harmless</b> each Member (and any authorized <li>The Company shall <b>indemnify and hold harmless</b> the Member (and any authorized
manager or agent) against claims, losses, and expenses arising from the good-faith manager or agent) against claims, losses, and expenses arising from the good-faith
management of the Company <b>within the scope of the authority granted under this management of the Company, except for acts of fraud, willful misconduct, or bad
Agreement</b>, except for acts of fraud, willful misconduct, bad faith, or acts taken faith.</li>
outside that authority (ultra vires acts).</li>
</ul> </ul>
<p><i>Confirm this indemnification scope and its exceptions are consistent with Indiana
law and the Members' intended risk allocation; scope may need further tightening.</i></p>
<h2>10. Succession on Death or Incapacity</h2> <h2>10. Succession on Death or Incapacity</h2>
<p style="font-size:.88rem;color:var(--muted);background:var(--blank-bg);border-radius:6px;padding:10px 14px"> <p>If the Member dies or becomes permanently incapacitated, the Member's Membership
<i>In this section, "the Member" refers specifically to Samuel S. James, whose death or Interest shall pass to the Member's successor(s) in interest as determined by applicable
incapacity triggers the succession provisions below — not to Annie or Richard in their Indiana law, the Member's will, or other estate disposition.</p>
capacity as Members under §3. Decide: this section does not yet address what happens to <p>The successor(s) receiving the Member's interest shall be admitted as Member(s) with
Annie's or Richard's own 1%/2% Membership Interest if one of them dies or becomes the same rights the Member held.</p>
incapacitated (e.g., does it pass to their estate, get bought out by the Company, or
pass to the other successor?). Revisit this with counsel before finalizing.</i></p>
<p><b>Base order of succession</b> (applies to incapacity — see Death below for a modified
order that applies on death). Successors are considered in this order, skipping any
successor who is unavailable, unwilling, or (for Ethan and Micah, per the age condition
below) not yet eligible:</p>
<ol>
<li><b>Annie Deondria Chatman</b></li>
<li><b>Richard E. Williams</b></li>
<li><b>Ethan Nathaniel James</b> (the Member's son) — eligible only upon reaching <b>age 40</b></li>
<li><b>Micah Daniel James</b> (the Member's son) — eligible only upon reaching <b>age 40</b></li>
</ol>
<p><b>Incapacity.</b> Upon the Member's incapacity, the first eligible successor in the
base order above shall act as <b>successor manager</b> of the Company — with full
authority to manage bank accounts, subsidiaries, and Company affairs — until the Member is
no longer incapacitated. Annie and Richard rank ahead of Ethan and Micah for this purpose
regardless of the sons' age. This provision alone may not be sufficient for banks or third
parties to recognize that authority; it should be backed by a <b>Durable Power of
Attorney</b> naming the same successor(s) in the same order. <i>Draft/execute a Durable
Power of Attorney consistent with this section.</i></p>
<p><b>Death.</b> Upon the Member's death, the base order above is modified: any of Ethan or
Micah who has <b>already reached age 40 at the time of the Member's death</b> ranks
<b>ahead of</b> Annie and Richard, in their original relative order (Ethan ahead of Micah).
Annie and Richard follow immediately after any such eligible son(s). A son who has
<b>not</b> yet reached age 40 at the time of the Member's death is unaffected by this
reordering and remains subject to the trust provision below.</p>
<p style="font-size:.88rem;color:var(--muted);background:var(--blank-bg);border-radius:6px;padding:10px 14px">
<i>Example: both sons 40+ at death → order is Ethan, Micah, Annie, Richard. Only Micah is
40+ → order is Micah, Annie, Richard, then Ethan (in trust until 40). Neither son is 40+ →
order remains Annie, Richard, then each son upon reaching 40 (held in trust until then).</i></p>
<p>The first eligible successor under this death order is admitted as a member with the
same rights the Member held. Because Ethan and Micah are not eligible until age 40, if
either is in line but under 40 at the time of the Member's death, <b>their interest shall
be held in trust</b> for their benefit until they reach age 40, administered by a trustee
named in the Member's estate plan (rather than held directly under this Agreement). <i>This
requires a trust structure in the Member's will/estate plan — coordinate this section, the
successor order, and the trustee designation with an estate planning attorney.</i></p>
<p>The Company shall <b>not dissolve</b> solely because of the Member's death or <p>The Company shall <b>not dissolve</b> solely because of the Member's death or
incapacity, and shall continue under the successor(s) determined above.</p> incapacity, and shall continue under the successor Member(s).</p>
<h2>11. Transfer of Membership Interest</h2> <h2>11. Transfer of Membership Interest</h2>
<ul> <ul>
<li><b>Economic vs. management rights.</b> A Member may assign, pledge, or transfer <li>The Member may assign, pledge, or transfer all or part of the Membership Interest
the <b>economic rights</b> (right to distributions/profits) in all or part of their at the Member's discretion.</li>
membership interest at that Member's discretion, without that alone making the <li>Any transferee that is to hold voting and management rights (rather than purely
transferee a member.</li> economic rights) is admitted as a member only upon amendment of this Agreement
<li><b>Admission as a member.</b> A transferee is admitted as a member — with voting and
management rights, not just economic rights — only upon amendment of this Agreement
under §12.</li> under §12.</li>
<li><b>Security interests.</b> A Member may pledge or grant a security interest in
their membership interest (e.g., to a lender) without that action alone transferring
management rights; the secured party's rights are limited to the economic interest
unless and until admitted as a member per above.</li>
<li><b>Transfer among the current Members.</b> Any transfer of Membership Interest
among Samuel S. James, Annie Deondria Chatman, and Richard E. Williams themselves
does not require a new admission under §12, but shall be recorded in the Company's
books and, if it changes any Member's ownership percentage, reflected in an
amendment updating §3.</li>
</ul> </ul>
<p><i>Confirm transfer/security-interest mechanics with an Indiana attorney and CPA, and
consider whether a right of first refusal or other transfer restriction should apply to
Annie's and Richard's interests before any transfer is attempted.</i></p>
<h2>12. Amendments</h2> <h2>12. Amendments</h2>
<p>This Agreement may be amended only by a <b>written instrument signed by all <p>This Agreement may be amended only by a <b>written instrument signed by the
Members</b>. Amendments are effective on the date stated in the amendment.</p> Member</b> (and by all members if additional members are later admitted). Amendments are
<p><i>Confirm whether unanimous consent (as stated) or a majority-in-interest vote effective on the date stated in the amendment.</p>
should govern future amendments, including amendments that would change a Member's own
percentage interest.</i></p>
<h2>13. Dissolution</h2> <h2>13. Dissolution</h2>
<p>The Company shall continue in perpetuity unless dissolved by:</p> <p>The Company shall continue in perpetuity unless dissolved by:</p>
<ul> <ul>
<li>The written election of Members holding a majority of the Membership Interests (per §4); or</li> <li>The written election of the Member; or</li>
<li>Operation of Indiana law.</li> <li>Operation of Indiana law.</li>
</ul> </ul>
<p>Upon dissolution, the Company's assets shall be applied first to creditors (including any <p>Upon dissolution, the Company's assets shall be applied first to creditors (including
Member, if owed), then distributed to the Members pro rata in proportion to their the Member, if owed), then distributed to the Member, after which Articles of
Membership Interests, after which Articles of Dissolution shall be filed with the Dissolution shall be filed with the Indiana Secretary of State.</p>
Indiana Secretary of State.</p>
<h2>14. Governing Law and Severability</h2> <h2>14. Governing Law and Severability</h2>
<p>This Agreement is governed by and construed in accordance with the laws of the <b>State of <p>This Agreement is governed by and construed in accordance with the laws of the <b>State
Indiana</b>. If any provision is held invalid or unenforceable, the remaining provisions of Indiana</b>. If any provision is held invalid or unenforceable, the remaining
remain in full force and effect.</p> provisions remain in full force and effect.</p>
<h2>15. Definitions</h2> <h2>15. Definitions</h2>
<dl class="definitions"> <dl class="definitions">
<dt>"Company"</dt><dd>SnS Network Solutions Holdings LLC.</dd> <dt>"Company"</dt><dd>SnS Network Solutions Holdings LLC.</dd>
<dt>"Member"</dt><dd>each of Samuel S. James, Annie Deondria Chatman, and Richard E. Williams, and any successor or additional member admitted under this Agreement.</dd> <dt>"Member"</dt><dd>Samuel S. James, and any successor or additional member admitted under this Agreement.</dd>
<dt>"Membership Interest"</dt><dd>a Member's ownership, economic, and (unless limited) management rights in the Company, expressed as a percentage per §3.</dd> <dt>"Membership Interest"</dt><dd>the Member's ownership, economic, and (unless limited) management rights in the Company.</dd>
<dt>"Subsidiary"</dt><dd>any entity in which the Company holds a controlling or sole-member interest.</dd> <dt>"Subsidiary"</dt><dd>any entity in which the Company holds a controlling or sole-member interest.</dd>
</dl> </dl>
<div class="execution"> <div class="execution">
<h2 style="margin-top:0">Execution</h2> <h2 style="margin-top:0">Execution</h2>
<p>The undersigned, being all of the Members of SnS Network Solutions Holdings LLC, <p>The undersigned, being the sole Member of SnS Network Solutions Holdings LLC, adopts
adopt and agree to this Amended and Restated Operating Agreement as of the Effective and agrees to this Operating Agreement as of the Effective Date first written above.</p>
Date first written above.</p>
<p style="margin-top:28px;font-weight:700;letter-spacing:.5px;color:var(--navy)">MEMBER — 97% Membership Interest</p>
<p style="margin-top:28px;font-weight:700;letter-spacing:.5px;color:var(--navy)">SOLE MEMBER</p>
<div class="sig-line"></div> <div class="sig-line"></div>
<div class="sig-label">Signature</div> <div class="sig-label">Signature</div>
<p style="margin:0"><b>Printed name:</b> Samuel S. James</p> <p style="margin:0"><b>Printed name:</b> Samuel S. James</p>
<div class="sig-line" style="width:40%"></div>
<div class="sig-label">Date</div>
<p style="margin-top:28px;font-weight:700;letter-spacing:.5px;color:var(--navy)">MEMBER — 1% Membership Interest</p>
<div class="sig-line"></div>
<div class="sig-label">Signature</div>
<p style="margin:0"><b>Printed name:</b> Annie Deondria Chatman</p>
<div class="sig-line" style="width:40%"></div>
<div class="sig-label">Date</div>
<p style="margin-top:28px;font-weight:700;letter-spacing:.5px;color:var(--navy)">MEMBER — 2% Membership Interest</p>
<div class="sig-line"></div>
<div class="sig-label">Signature</div>
<p style="margin:0"><b>Printed name:</b> Richard E. Williams</p>
<div class="sig-line" style="width:40%"></div> <div class="sig-line" style="width:40%"></div>
<div class="sig-label">Date</div> <div class="sig-label">Date</div>
</div> </div>
@ -441,7 +288,7 @@
</div> </div>
<footer> <footer>
Prepared as a working draft. Review with an Indiana-licensed attorney before signing. Review with an Indiana-licensed attorney before signing.
</footer> </footer>
</body> </body>

206
businesses/00-holdings/docs/operating-agreement.md
View File

@ -1,47 +1,61 @@
# Operating Agreement for SnS Network Solutions Holdings LLC # Operating Agreement for SnS Network Solutions Holdings LLC
> **Draft / template — not legal advice.** This document is a working draft for a
> single-member Indiana LLC. Have an Indiana-licensed attorney review and finalize it
> before you sign or rely on it. Items in `[brackets]` need your specific information;
> items marked `[TODO — attorney review]` should be confirmed with counsel.
**Entity:** SnS Network Solutions Holdings LLC (the "Company") **Entity:** SnS Network Solutions Holdings LLC (the "Company")
**State of formation:** Indiana **State of formation:** Indiana
**Effective date:** `[Effective Date — the date this Agreement is adopted]` **EIN:** 42-4099038
**Effective date:** July 28, 2026
--- ---
## 1. Formation and Purpose ## 1. Formation and Purpose
This Operating Agreement (the "Agreement") is entered into by the undersigned sole This Amended and Restated Operating Agreement (the "Agreement") is entered into by the
Member, **Samuel S. James** (the "Member"), to govern the operations of **SnS Network undersigned Members, **Samuel S. James**, **Annie Deondria Chatman**, and
Solutions Holdings LLC**, a limited liability company organized under the Indiana **Richard E. Williams** (each a "Member" and collectively the "Members"), to govern
Business Flexibility Act (Indiana Code § 23-18). the operations of **SnS Network Solutions Holdings LLC**, a limited liability company
organized under the Indiana Business Flexibility Act (Indiana Code § 23-18). This
Agreement amends and restates the Company's original single-member operating agreement
in full, admitting Annie Deondria Chatman and Richard E. Williams as Members effective
as of the date above.
The Company is formed to act as a **holding company**. Its primary purpose is to own, The Company is formed to act as a **holding company**. Its primary purpose is to own,
manage, and oversee its subsidiary entities and other business interests. The Company manage, and oversee its subsidiary entities and other business interests. The Company
does not itself engage in operating or client-facing business, and it holds no is not intended to engage in operating or client-facing business, and the Members shall
operating liability of its own. conduct the Company's affairs so as to avoid incurring operating liabilities directly.
## 2. Registered Office and Registered Agent ## 2. Registered Office and Registered Agent
- **Principal office:** `[Principal business address — e.g., South Bend, IN]` - **Principal office:** 759 Boxwood Drive, South Bend, IN 46641
- **Registered agent:** `[Registered agent name — the Member may serve as agent]` - **Registered agent:** Samuel S. James (a Member), serving as his own registered agent.
- **Registered office address:** `[Indiana street address of the registered agent]` - **Registered office address:** 759 Boxwood Drive, South Bend, IN 46641
The Member may change the principal office or registered agent at any time, consistent Samuel S. James, as the Member serving in this role, may change the principal office
with Indiana filing requirements. or registered agent at any time, consistent with Indiana filing requirements.
## 3. Member and Ownership ## 3. Members and Ownership
The sole Member of the Company is **Samuel S. James**, who holds **100%** of the The Company has three Members, holding the following Membership Interests:
membership interest. As the only member, the Member is entitled to all allocations,
distributions, and voting rights of the Company. | Member | Membership Interest |
|--------|---------------------|
| Samuel S. James | 97% |
| Annie Deondria Chatman | 1% |
| Richard E. Williams | 2% |
Each Member is admitted with full membership rights — voting, management
participation, and economic rights (allocations and distributions) — in proportion to
their Membership Interest, except as otherwise stated in this Agreement. Allocations of
profit and loss for tax purposes are made in proportion to each Member's Membership
Interest, unless the Members otherwise agree in writing and as permitted by applicable
tax requirements.
## 4. Management ## 4. Management
The Company shall be **Member-managed**. The Member has full and exclusive authority to The Company shall be **Member-managed**. Each Member has voting rights in proportion to
make all decisions regarding the Company's business, including, without limitation: their Membership Interest as set out in §3. Actions and decisions of the Company
require the approval of Members holding a **majority of the Membership Interests**.
Because Samuel S. James holds 97% of the Membership Interests, he retains sole
authority to approve or reject any Company decision, including, without limitation:
- Forming, acquiring, financing, and managing subsidiary entities; - Forming, acquiring, financing, and managing subsidiary entities;
- Opening and controlling bank and financial accounts; - Opening and controlling bank and financial accounts;
@ -49,6 +63,10 @@ make all decisions regarding the Company's business, including, without limitati
other assets; other assets;
- Admitting new members (which would require amending this Agreement — see §12). - Admitting new members (which would require amending this Agreement — see §12).
Samuel S. James is designated the Company's day-to-day managing Member, with authority
to conduct ordinary business on the Company's behalf without a separate vote of the
other Members.
## 5. Subsidiary Management ## 5. Subsidiary Management
The Company is authorized to form, acquire, and hold interests in subsidiary limited The Company is authorized to form, acquire, and hold interests in subsidiary limited
@ -56,111 +74,129 @@ liability companies and other entities. The Company shall act as the **sole memb
(or controlling owner) of such subsidiaries so that the parent–subsidiary relationship (or controlling owner) of such subsidiaries so that the parent–subsidiary relationship
is clearly maintained. is clearly maintained.
To preserve limited-liability protection for the Company, the Member, and each To preserve limited-liability protection for the Company, the Members, and each
subsidiary, the Member shall: subsidiary, the managing Member shall:
- Keep the Company's assets, accounts, and records **separate** from those of every - Keep the Company's assets, accounts, and records **separate** from those of every
subsidiary and from the Member's personal affairs (no commingling of funds); subsidiary and from any Member's personal affairs (no commingling of funds);
- Document ownership of each subsidiary (the Company as sole member) in that - Document ownership of each subsidiary (the Company as sole member) in that
subsidiary's own operating agreement; subsidiary's own operating agreement;
- Observe ordinary formalities for the Company and each subsidiary. - Observe ordinary formalities for the Company and each subsidiary.
## 6. Capital Contributions and Distributions ## 6. Capital Contributions and Distributions
- **Capital contributions:** The Member may contribute capital to the Company as - **Capital contributions:** Members may contribute capital to the Company as needed and
needed. Contributions are recorded in the Company's books. as agreed among the Members. Contributions are recorded in the Company's books against
- **Distributions:** Distributions of available cash or profits are made to the Member each Member's capital account.
at the times and in the amounts the Member determines, subject to the Company's - **Distributions:** Distributions of available cash or profits are made to the Members
financial obligations and applicable law (the Company may not make a distribution **pro rata in proportion to their Membership Interests**, at the times and in the
that would render it unable to pay its debts as they come due). amounts the managing Member determines under §4, subject to the Company's financial
obligations and applicable law (the Company may not make a distribution that would
render it unable to pay its debts as they come due).
## 7. Bank Accounts, Books, and Records ## 7. Bank Accounts, Books, and Records
- The Company shall maintain **its own bank account(s)**, separate from the Member's - The Company shall maintain **its own bank account(s)**, separate from any Member's
personal accounts and from every subsidiary's accounts. personal accounts and from every subsidiary's accounts.
- The Company shall keep accurate books and records of its finances, ownership - The Company shall keep accurate books and records of its finances, ownership interests
interests in subsidiaries, and material decisions. in subsidiaries, and material decisions.
- Records shall be maintained at the principal office and retained as required by - Records shall be maintained at the principal office and retained as required by
Indiana law. Indiana law.
## 8. Tax Treatment ## 8. Tax Treatment
As a single-member LLC, the Company is by default treated as a **disregarded entity** With the admission of Annie Deondria Chatman and Richard E. Williams as Members, the
for U.S. federal income tax purposes; its income and expenses are reported on the Company is a multi-member LLC. By default, a multi-member LLC is treated as a
Member's individual return. The Member may elect a different classification (for **partnership** for U.S. federal income tax purposes; each Member reports their
example, S-corporation treatment) by filing the appropriate IRS election. proportionate share of income and expense (per §3) on their individual return via a
`[TODO — confirm tax treatment and any elections with a CPA/attorney.]` Schedule K-1. The Members may elect a different classification (for example, taxation
as a corporation) by filing the appropriate IRS election.
- **EIN:** `[Company EIN — obtain from the IRS]` - **EIN:** 42-4099038 (IRS Notice CP575G, issued July 27, 2026)
- **Fiscal year:** `[Fiscal year — typically the calendar year]` - **Fiscal year:** Calendar year (January 1 – December 31)
## 9. Liability and Indemnification ## 9. Liability and Indemnification
To the fullest extent permitted by Indiana law: To the fullest extent permitted by Indiana law:
- The Member shall **not be personally liable** for the debts, obligations, or - No Member shall be **personally liable** for the debts, obligations, or liabilities
liabilities of the Company solely by reason of being a member; and of the Company solely by reason of being a member; and
- The Company shall **indemnify and hold harmless** the Member (and any authorized - The Company shall **indemnify and hold harmless** each Member (and any authorized
manager or agent) against claims, losses, and expenses arising from the good-faith manager or agent) against claims, losses, and expenses arising from the good-faith
management of the Company, except for acts of fraud, willful misconduct, or bad faith. management of the Company **within the scope of the authority granted under this
Agreement**, except for acts of fraud, willful misconduct, bad faith, or acts taken
outside that authority.
## 10. Succession on Death or Incapacity ## 10. Succession on Death or Incapacity
If the Member dies or becomes incapacitated, the Member's membership interest shall pass If any Member dies or becomes permanently incapacitated, that Member's Membership
to the Member's successor(s) in interest as determined by the Member's estate plan, will, Interest (economic and management rights) shall pass to that Member's successor(s) in
or applicable Indiana law, and such successor(s) shall be admitted as member(s) with the interest as determined by applicable Indiana law, that Member's will, or other estate
same rights the Member held. The Company shall **not dissolve** solely because of the disposition.
Member's death or incapacity, and shall continue under the successor(s).
`[TODO — coordinate this section with your will / estate plan and confirm with an attorney.]` The successor(s) receiving a deceased or incapacitated Member's interest shall be
admitted as Member(s) with the same rights that Member held, upon written notice to the
Company and execution of a joinder to this Agreement.
The Company shall **not dissolve** solely because of a Member's death or incapacity,
and shall continue under the remaining and successor Member(s).
## 11. Transfer of Membership Interest ## 11. Transfer of Membership Interest
The Member may assign, pledge, or transfer all or part of the membership interest at the - **Economic vs. management rights.** A Member may assign or transfer the **economic
Member's discretion. Any transferee that is to hold voting/management rights (rather than rights** (right to distributions/profits) in all or part of their membership interest
purely economic rights) is admitted as a member only upon amendment of this Agreement without that alone making the transferee a member.
under §12. - **Admission as a member.** A transferee is admitted as a member — with voting and
management rights — only upon amendment of this Agreement under §12.
- **Security interests.** A Member may pledge or grant a security interest in their
membership interest without that action alone transferring management rights.
- **Transfer among current Members.** Any transfer of Membership Interest among the
current Members does not require a new admission under §12, but shall be recorded in
the Company's books and reflected in an amendment updating §3.
## 12. Amendments ## 12. Amendments
This Agreement may be amended only by a **written instrument signed by the Member** (and This Agreement may be amended only by a **written instrument signed by Members holding
by all members if additional members are later admitted). Amendments are effective on the a majority of the Membership Interests**. Amendments are effective on the date stated
date stated in the amendment. in the amendment.
## 13. Dissolution ## 13. Dissolution
The Company shall continue in perpetuity unless dissolved by: The Company shall continue in perpetuity unless dissolved by:
- The written election of the Member; or - The written election of Members holding a majority of the Membership Interests; or
- Operation of Indiana law. - Operation of Indiana law.
Upon dissolution, the Company's assets shall be applied first to creditors (including the Upon dissolution, the Company's assets shall be applied first to creditors (including
Member, if owed), then distributed to the Member, after which Articles of Dissolution any Member, if owed), then distributed to the Members pro rata in proportion to their
shall be filed with the Indiana Secretary of State. Membership Interests, after which Articles of Dissolution shall be filed with the
Indiana Secretary of State.
## 14. Governing Law and Severability ## 14. Governing Law and Severability
This Agreement is governed by and construed in accordance with the laws of the **State of This Agreement is governed by and construed in accordance with the laws of the **State
Indiana**. If any provision is held invalid or unenforceable, the remaining provisions of Indiana**. If any provision is held invalid or unenforceable, the remaining
remain in full force and effect. provisions remain in full force and effect.
## 15. Definitions ## 15. Definitions
- **"Company"** — SnS Network Solutions Holdings LLC. - **"Company"** — SnS Network Solutions Holdings LLC.
- **"Member"** — Samuel S. James, and any successor or additional member admitted under - **"Member"** — each of Samuel S. James, Annie Deondria Chatman, and Richard E.
this Agreement. Williams, and any successor or additional member admitted under this Agreement.
- **"Membership Interest"** — the Member's ownership, economic, and (unless limited) - **"Membership Interest"** — a Member's ownership, economic, and (unless limited)
management rights in the Company. management rights in the Company, expressed as a percentage per §3.
- **"Subsidiary"** — any entity in which the Company holds a controlling or sole-member - **"Subsidiary"** — any entity in which the Company holds a controlling or
interest. sole-member interest.
--- ---
## Execution ## Execution
The undersigned, being the sole Member of SnS Network Solutions Holdings LLC, adopts and The undersigned, being all of the Members of SnS Network Solutions Holdings LLC, adopt
agrees to this Operating Agreement as of the Effective Date first written above. and agree to this Amended and Restated Operating Agreement as of the Effective Date
first written above.
**SOLE MEMBER** **MEMBER — 97% Membership Interest**
Signature: ______________________________________ Signature: ______________________________________
@ -168,6 +204,22 @@ Printed name: **Samuel S. James**
Date: ______________________________________ Date: ______________________________________
<br> **MEMBER — 1% Membership Interest**
*Prepared as a working draft. Review with an Indiana-licensed attorney before signing.* Signature: ______________________________________
Printed name: **Annie Deondria Chatman**
Date: ______________________________________
**MEMBER — 2% Membership Interest**
Signature: ______________________________________
Printed name: **Richard E. Williams**
Date: ______________________________________
---
*Review with an Indiana-licensed attorney before signing.*

133
businesses/sns-hospitality-group/README.md
View File

@ -9,8 +9,8 @@
| Member | Interest | Type | | Member | Interest | Type |
|--------|----------|------| |--------|----------|------|
| SnS Network Solutions Holdings LLC | 85% | Capital + control | | SnS Network Solutions Holdings LLC | 75% (minimum) | Capital + control |
| Kiowa Scott | 15% | Service equity (fully vested after 12 months) | | Kiowa Scott | Up to 25% (earned per venture) | Service equity (vested over time) |
## Kiowa's Role ## Kiowa's Role
- Finding and securing high-traffic parking spots / locations - Finding and securing high-traffic parking spots / locations
@ -19,21 +19,126 @@
- Ensuring profitability of the mobile fleet - Ensuring profitability of the mobile fleet
## Kiowa's Equity Terms ## Kiowa's Equity Terms
- **5% formation grant** — vests immediately when the group is formed
- **10% service grant** — vests quarterly (2.5% per quarter) over 12 months from Opening Date **Sam retains minimum 75% of the Hospitality Group. Maximum 25% is available to Kiowa, earned per venture.**
- **Permanent ownership** — once vested, the 15% is hers regardless of future involvement
- **If she stops working:** loses management authority (no decisions, no signing power) but retains economic rights (15% of distributions as a passive member) ### Per-Venture Vesting
- **Incentive alignment:** distributions only exist if the trailers are profitable; profitability requires active management
Each venture (trailer) Kiowa participates in earns her equity in the Hospitality Group:
| Grant | Amount | When |
|-------|--------|------|
| **Formation grant** | 5% | Vests immediately upon venture formation |
| **Service grant** | 10% | Vests quarterly (2.5% per quarter) over 12 months from Opening Date |
| **Total per venture** | 15% | Fully vested after 12 months of active service |
- Vesting clock starts on the **Opening Date** (first day of revenue-generating operations)
- Each venture has its own independent vesting schedule
- Total cumulative equity across all ventures is **capped at 25%**
### Mandatory Buyback — Departure or Failure to Perform
**If Kiowa leaves, becomes inactive, or fails to add material value at any point before all 10 trailers are operational:**
- She is **required to sell her vested interest** back to Holdings
- **Buyback price: 50% of the current fair market value** of her interest at the time of departure
- "Current fair market value" = the Hospitality Group's net asset value (total assets minus total liabilities) multiplied by Kiowa's ownership percentage, as determined by the Company's most recent quarterly books or an independent valuation if disputed
- The buyback is **mandatory, not optional** — she cannot retain passive ownership if she exits before the 10-trailer milestone is reached
- **Trigger events:**
- Voluntary resignation from operational role
- Failure to perform duties for 30+ consecutive days without approved leave
- Removal for cause (fraud, theft, gross negligence, breach of NDA)
- Mutual written agreement to part ways
- **Payment terms:** lump sum within 90 days of the trigger event, or a 12-month installment plan at Sam's election
- **After all 10 trailers are operational:** the mandatory buyback expires. At that point, if Kiowa stops working, she retains her vested equity as a passive member (economic rights only, no management authority) — the fleet is built, the mission is accomplished.
### What "fails to add value" means (objective triggers)
To avoid disputes, "failure to add value" is defined as any of:
- Locations going unstaffed or closing due to Kiowa's inaction
- Permits/licenses lapsing due to missed renewals she was responsible for
- Failure to actively manage at least 3 days/week across operational locations
- Consecutive quarterly revenue decline across her managed locations without a documented recovery plan
### Unvested Interest on Departure
Any **unvested** portion at the time of departure is forfeited automatically — it does not transfer, is not bought back, and reverts to Holdings at no cost.
### If she stops working (after 10 trailers are complete)
- Retains all vested equity as a passive member (economic rights only)
- **Loses management authority** — no decisions, no signing power, no operational role
- **Dilution:** Because she is no longer contributing operational value, Holdings will hire a W-2 operations manager to replace her role. The cost of that hire (salary + benefits) is a company expense that reduces distributable profit — her distributions shrink accordingly. Additionally, Holdings may issue new equity (from its own 75%+ position) to incentivize the replacement manager, which would dilute Kiowa's percentage over time. She accepts this dilution as a consequence of stepping back.
- **She keeps what she earned** — no forced buyback after the 10-trailer milestone. The fleet is built; the deal is honored.
### Right of First Refusal — Post-Completion Sale
If Kiowa decides to **sell** her vested interest after the 10 trailers are complete:
- **Sam / Holdings gets first right to purchase** at **80% of current fair market value** (not projected, not future — current net asset value at the time she offers to sell)
- "Current fair market value" = Hospitality Group's net assets (total assets minus total liabilities) as of the most recent quarterly close, multiplied by her ownership percentage. If disputed, an independent third-party valuation at shared cost.
- **Process:**
1. Kiowa gives written notice of intent to sell, stating her asking price
2. Holdings has **60 days** to exercise the right of first refusal at 80% of FMV
3. If Holdings declines, Kiowa may sell to a third party — but **not at a price lower than what Holdings was offered** (no sweetheart deals that bypass Sam)
4. Any third-party buyer must be approved by Holdings (majority vote per the OA) and execute a joinder to the operating agreement
- **Partial sales:** Kiowa may sell a portion of her interest under the same terms. Holdings' right of first refusal applies to each partial sale.
### Summary of Exit Scenarios
| Scenario | Outcome |
|----------|---------|
| Leaves **before** 10 trailers | Mandatory buyback at **50% of FMV**. Unvested portion forfeited. |
| Stays through 10 trailers, **keeps working** | Full equity, full distributions, full management authority. |
| Stays through 10 trailers, **stops working** | Keeps equity (passive), loses management authority, accepts dilution from replacement hire. |
| Stays through 10 trailers, **wants to sell** | Sam/Holdings gets first right to buy at **80% of FMV**. Third-party sale only if Sam passes. |
## Ventures ## Ventures
### Coffee Trailers (ACTIVE — 2-year plan) ### Coffee Trailers — "The Daily Pour" (ACTIVE — 3-year growth plan)
- **Target:** 10 mobile drive-through coffee trailer locations
- **Model:** Low-cost enclosed trailers + commercial espresso equipment **Brand:** The Daily Pour
- **Investment per unit:** ~$25,000 (used trailer + buildout + equipment) **Target:** 10 mobile drive-through coffee trailers over 5 years
- **Revenue target:** 100 customers/day × $8 avg × 6 days/wk × 312 days/yr **Model:** Low-cost enclosed trailers + commercial espresso equipment
- **Territory:** High-traffic lots (Walmart, Chick-fil-A, gas stations, Notre Dame area) **Investment per unit:** ~$25,000 (used trailer + buildout + equipment)
- See `coffee-trailers/` for business plan and financials **Revenue target per unit:** 100 customers/day × $8 avg × 6 days/wk
**Territory:** NW Indiana + Southern Michigan (high-traffic lots — Walmart, Chick-fil-A, gas stations, Notre Dame area)
#### 5-Year Rollout Plan (Sam + Kiowa)
| Year | Trailers | Cumulative | Milestone |
|------|----------|------------|-----------|
| **Year 1** (months 1–12) | 1 | 1 | Build trailer #1, learn everything, automate what we can, reduce costs. Full 9-month operating period to prove the model before considering #2. |
| **Year 2** (months 13–24) | 2–3 | 3 | Launch #2 at ~month 13 (6-month cadence begins). Apply Year 1 lessons. #3 at ~month 19. Kiowa managing multi-location ops, first shift leads hired. |
| **Year 3** (months 25–36) | 4–5 | 5 | Continued 6-month cadence. Systems mature, staffing bench built, cost structure optimized. |
| **Year 4** (months 37–48) | 6–8 | 8 | Pace can accelerate if ops support it. Evaluate territory expansion (Southern Michigan). |
| **Year 5** (months 49–60) | 9–10 | 10 | Full fleet. Kiowa oversees all locations + staff. Sam provides capital + strategic direction only. |
**Launch cadence:** 1 trailer every 6 months (after Year 1's learning period). No new trailer until the previous one is profitable — cadence is a target, not a commitment.
**Year 1 philosophy:** Build → Learn → Automate → Reduce cost → Then scale.
#### Roles in the Growth Plan
| Role | Sam | Kiowa |
|------|-----|-------|
| Capital | ✅ All investment | — |
| Location scouting | — | ✅ Find + secure lots |
| Permits & compliance | — | ✅ All filings, health dept, renewals |
| Buildout & equipment | ✅ Fund + approve | ✅ Coordinate |
| Hiring & staffing | — | ✅ Recruit, schedule, manage |
| Day-to-day operations | — | ✅ All locations |
| Strategic decisions | ✅ Final authority | Input |
| Financial oversight | ✅ P&L review, distributions | Reports to Sam |
#### Growth Rules
- **No new trailer until the previous one is profitable** — growth is earned, not scheduled
- **Each trailer must hit break-even within 90 days** or operations are paused and diagnosed
- **Kiowa's 15% vests across the whole Hospitality Group** — she benefits from every trailer, not just the first
- **Staffing scales with trailers** — Kiowa hires shift leads; she doesn't work every window forever
- **Capital calls are Sam's decision** — Kiowa proposes expansion, Sam approves the spend
See `coffee-trailers/01-daily-pour/` for Trailer #1 working files.
### Indian Food Truck (PENDING) ### Indian Food Truck (PENDING)
- Awaiting proposal from Indian staff - Awaiting proposal from Indian staff

58
businesses/sns-hospitality-group/coffee-trailers/T-00/README.md Normal file
View File

@ -0,0 +1,58 @@
# The Daily Pour — T-00 (First Trailer)
**Parent:** SnS Hospitality Group LLC
**Unit:** T-00
**Type:** Mobile drive-through coffee trailer
**Status:** Pre-launch (planning)
**Territory:** NW Indiana
## Overview
T-00 is the first Daily Pour unit. Mobile enclosed trailer with commercial espresso
equipment, operating as a drive-through in a high-traffic leased parking spot.
All future trailers (T-01 through T-09) follow this same model — "The Daily Pour"
is the brand deployed across NW Indiana.
## Naming Convention
```
T-[NUMBER]
T-00 ← first trailer (this one)
T-01 ← second trailer
...
T-09 ← tenth trailer
```
## Directory Structure
```
T-00/
├── README.md ← you are here
├── branding/ Logo, colors, signage mockups, menu board design
├── docs/ Permits, licenses, lease agreements, insurance
├── financials/ Startup budget, P&L projections, break-even analysis
├── location/ Site research, lot agreements, traffic data, photos
├── menu/ Menu items, pricing, supplier info, recipes
├── mockups/ Trailer mockup images, layout diagrams, build photos
└── operations/ SOPs, opening/closing checklists, staffing, inventory
```
## Key Numbers (targets)
| Metric | Target |
|--------|--------|
| Investment per unit | ~$25,000 (used trailer + buildout + equipment) |
| Customers/day | 100 |
| Average ticket | $8 |
| Operating days | 6 days/wk |
| Break-even | TBD — see `financials/` |
## Next Steps
- [ ] Finalize branding (name, logo, color palette, signage)
- [ ] Source trailer (used enclosed, suitable for drive-through conversion)
- [ ] Identify first location (high-traffic lot, lease terms)
- [ ] Equipment list + supplier quotes (see `materials.csv`)
- [ ] Permits research (St. Joseph County mobile food vendor, health dept)
- [ ] Menu v1 + pricing
- [ ] Staffing plan (opening crew — Kiowa hires, does not work the window)

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/branding/logo.png Normal file
View File

Binary file not shown.
Side by Side

After

Width:  |  Height:  |  Size: 2.1 MiB

142
businesses/sns-hospitality-group/coffee-trailers/T-00/docs/daily-pour-color.txt Normal file
View File

@ -0,0 +1,142 @@
# The Daily Pour — Brand Color Palette (v1.0)
## Brand Personality
Warm • Welcoming • Elegant • Artisan • Premium • Morning Energy • Community
The Daily Pour should feel like your favorite neighborhood coffee shop—comfortable enough to visit every morning, yet refined enough to become a recognizable premium brand.
---
# Primary Colors
## ☕ Rich Espresso Brown (Primary)
**Hex:** `#4B2E20`
Used for:
- Trailer body
- Logo text
- Menu boards
- Website headers
- Packaging
- Uniform accents
Represents:
- Coffee
- Warmth
- Reliability
- Craftsmanship
---
## 🌸 Blush Pink (Secondary)
**Hex:** `#E7B4B8`
Used for:
- Floral graphics
- Accent stripes
- Cups
- Interior decor
- Seasonal branding
Represents:
- Hospitality
- Kindness
- Comfort
- Community
---
## ✨ Soft Gold (Accent)
**Hex:** `#D4AF37`
Use sparingly (5-10%)
Used for:
- Logo highlights
- Divider lines
- Icons
- Menu separators
- Hardware accents
- Premium packaging
Represents:
- Quality
- Excellence
- Morning sunlight
- Premium craftsmanship
---
## 🤍 Warm Cream (Background)
**Hex:** `#F7EFE6`
Used for:
- Trailer upper panels
- Sign backgrounds
- Printed menus
- Website backgrounds
- Merchandise
Represents:
- Fresh milk
- Morning light
- Cleanliness
- Simplicity
---
# Supporting Colors
### Warm Taupe
`#A78A7A`
For subtle backgrounds, illustrations, and secondary typography.
---
### Charcoal
`#333333`
Only for body text and high-contrast readability.
---
# Wood Finish
Natural Walnut
Suggested stain:
- Medium Walnut
- Satin finish
This should remain a real wood texture rather than painted to reinforce the handcrafted feel.
---
# Color Usage Ratio
60% Warm Cream
25% Rich Espresso Brown
10% Blush Pink
5% Soft Gold
---
# Materials
- Matte painted exterior
- Satin walnut wood
- Matte black hardware
- Brushed gold accents
- Warm white (2700K–3000K) lighting
---
# Overall Brand Feel
> Rustic Modern • Boutique Coffee House • Soft Luxury • Morning Comfort
The Daily Pour should feel like the first peaceful moment of someone's day—warm coffee, friendly faces, and an inviting space they'll want to return to every morning.

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/docs/dp-floorplan.png Normal file
View File

Binary file not shown.
Side by Side

After

Width:  |  Height:  |  Size: 2.1 MiB

71
businesses/sns-hospitality-group/coffee-trailers/T-00/materials.csv Normal file
View File

@ -0,0 +1,71 @@
Category,Item,Description,Qty,Est. Unit Price,Est. Total,Priority,Link,Notes,
Trailer,Enclosed Cargo Trailer (8.5x24),Used or new 8.5ft x 24ft enclosed trailer for drive-through conversion,1,"$7,500 ","$7,500 ",Critical,https://www.trailersmidwest.com/,Trailers Midwest — Elkhart IN (~15 mi from South Bend). Also: I-69 Trailer Center (Fort Wayne) or indianatrailersales.net. New 8.5x24 ~$7745-12000.,
Trailer,Trailer Buildout (electrical + plumbing + counters + window),Custom interior conversion — wiring + outlets + countertop + serving window cut (8.5x24),1,"$5,000 ","$5,000 ",Critical,,Local builder or DIY. Get quotes from trailer conversion shops in Elkhart (trailer capital of the world — dozens within 15 mi).,
Coffee Equipment,Commercial Espresso Machine (2-group),Dual boiler or heat exchanger for high-volume service,1,"$3,500 ","$3,500 ",Critical,https://www.amazon.com/Commercial-Espresso-Machines-Coffee-Makers/b?node=5315101011,Amazon range $2150-$7950. Browse category for options. Also check procoffeegear.com.,
Coffee Equipment,Commercial Coffee Grinder (espresso burr),High-speed burr grinder for on-demand espresso,1,$350 ,$350 ,Critical,https://www.amazon.com/Commercial-Electric-Semi-auto-Espresso-Grinding/dp/B09CZ4YXJL,Commercial semi-auto burr mill ~$250-500.,
Coffee Equipment,Commercial Blender (smoothies/frappes),2200W soundproof commercial blender for ice + smoothies,2,$160 ,$320 ,High,https://www.amazon.com/Commercial-Smoothies-Soundproof-Stainless-Restaurant/dp/B0D46F93DS,Need 2 for speed during rush. ~$130-200 each.,
Coffee Equipment,Drip Coffee Brewer (batch),Commercial batch brewer for standard drip coffee,1,$250 ,$250 ,High,https://www.amazon.com/commercial-coffee-brewer/s?k=commercial+coffee+brewer,Bunn or similar airpot style. Search Amazon for options.,
Kitchen Equipment,Commercial Microwave (1000W),Amana RCS10TS 1000W commercial microwave — stackable + push button,1,$500 ,$500 ,Medium,https://www.amazon.com/Amana-RCS10TS-Commercial-Microwave-Medium/dp/B00C35OKJW,Amana RCS10TS ~$487-626. Restaurant-grade.,
Kitchen Equipment,Commercial Air Fryer,Countertop air fryer for quick food prep (pastries + snacks),1,$200 ,$200 ,Medium,https://www.amazon.com/commercial-air-fryer-restaurant/s?k=commercial+air+fryer+for+restaurant,Commercial models $160-350. Search for right size.,
Kitchen Equipment,Countertop Ice Maker (26-50 lbs/day),Portable commercial ice maker for daily use,1,$180 ,$180 ,High,https://www.amazon.com/HENGMA-Commercial-Machine-Countertop-Restaurant/dp/B0C64X3KC2,HENGMA / COWSAR models ~$120-200. Supplement with bagged ice initially.,
Kitchen Equipment,Undercounter Beverage Refrigerator,Commercial back bar cooler with glass door for milk + ingredients,1,$450 ,$450 ,Critical,https://www.amazon.com/Undercounter-Beverage-Refrigerator-Commercial-Temperature/dp/B0DHZMB5X6,FoMup 7.2 Cu Ft back bar cooler. Also Coolski 2-door option.,
Kitchen Equipment,Compact Commercial Freezer,Countertop or undercounter freezer for frozen ingredients (ice cream + frozen fruit + pastries),1,$350 ,$350 ,Critical,https://www.amazon.com/commercial-countertop-freezer/s?k=commercial+countertop+freezer,Compact chest or undercounter model. ~$250-400.,
Kitchen Equipment,Hot Water Dispenser / Kettle,Instant hot water for tea service,1,$80 ,$80 ,Medium,https://www.amazon.com/commercial-hot-water-dispenser/s?k=commercial+hot+water+dispenser,Commercial electric kettle or on-demand dispenser.,
Water System,Water Hookup Kit + Inline Filter,Preferred: connect to lot spigot with food-grade hose + inline carbon filter. Eliminates daily refill.,1,$80,$80,Critical,https://www.amazon.com/rv-water-filter-inline/s?k=rv+inline+water+filter,RV food-grade hose + inline filter. Use this when lot has a spigot.
Water System,Fresh Water Tank (65 gal),BACKUP: for lots without a water hookup. Covers full 9-hour shift.,1,$180,$180,Medium,https://www.amazon.com/rv-fresh-water-tank-65/s?k=rv+fresh+water+tank+65+gallon,Keep installed as fallback. Only fill/use if no hookup available.
Water System,12V Fresh Water Pump (3.5 GPM),On-demand pump — pressurizes lines to sinks + toilet,1,$50 ,$50 ,Critical,https://www.amazon.com/ECO-WORTHY-Pressure-Priming-Diaphragm-50PSI/dp/B0C5BQ1N6B,ECO-WORTHY 12V 3.5GPM. Runs off battery.,
Water System,Gray Water Tank (50 gal),Collects sink waste water (under trailer),1,$150 ,$150 ,Critical,https://www.amazon.com/rv-gray-water-tank/s?k=rv+gray+water+tank+50+gallon,Mounted under trailer. Separate from black tank.,
Water System,Black Water Tank (30 gal) + permanent toilet,Holding tank for toilet waste — lasts ~3 weeks between pump-outs,1,$300 ,$300 ,Critical,https://www.amazon.com/rv-black-water-tank-30/s?k=rv+black+water+tank+30+gallon,Includes RV-style toilet + plumbing to tank. Stationary trailer = permanent install.,
Water System,Wireless Tank Level Monitor (Bluetooth),Monitors black + gray tank levels via phone app — alerts when near full,1,$60 ,$60 ,High,https://www.amazon.com/briidea-Bluetooth-Indicator-Detection-Auto-Sense/dp/B0DQ3K1PTZ,briidea Bluetooth sensor. Know when to call Huff Septic.,
Water System,Tankless Propane Water Heater (12V ignition),Instant hot water for hand-wash + 2-comp sink. Propane-fired — no battery draw for heating.,1,$250 ,$250 ,Critical,https://www.amazon.com/Fogatti-Tankless-55000BTU-Propane-Trailers/dp/B098THLN39,FOGATTI RV tankless. 12V ignition only — heat comes from propane.,
Water System,Propane Tank (20 lb),Fuels water heater. ~2-4 weeks per tank at trailer usage.,1,$40 ,$40 ,Critical,,Any hardware store. Exchange program at most gas stations.,
Water System,Hand-Wash Sink (wall-mount mini),NSF-rated small hand-wash basin — health code required,1,$80 ,$80 ,Critical,https://www.amazon.com/commercial-hand-wash-sink/s?k=commercial+hand+wash+sink,Wall-mount. Required by health dept separate from dish sink.,
Water System,2-Compartment Sink (commercial),Commercial 2-comp sink for pot/utensil washing — all customer items are disposable,1,$250 ,$250 ,Critical,https://www.amazon.com/2-compartment-commercial-sink/s?k=2+compartment+commercial+sink,NSF-rated. Only washing pots + utensils — no customer dishes.,
Water System,Plumbing Fittings + PEX Lines,Connections: fresh tank → pump → heater → sinks/toilet → gray/black tanks,1,$120 ,$120 ,High,https://www.amazon.com/pex-plumbing-fittings-rv/s?k=pex+plumbing+fittings+rv,PEX + SharkBite fittings. DIY-friendly.,
Power,Predator 3500 Super Quiet Inverter Generator,3500W peak / 3000W running — 56 dB — auto-start when battery drops below 40% then shuts off,1,$800 ,$800 ,Critical,https://www.harborfreight.com/3500-watt-super-quiet-inverter-generator-with-co-secure-technology-49-state-compliant-71358.html,Harbor Freight Mishawaka (local). 11 hrs @ 25% load. Watch for coupons ($600-650).,
Power,LiFePO4 Battery Bank (3-5 kWh),Main power source — runs lights + small appliances + POS + network. Generator only kicks in at 40% SOC to recharge then shuts off.,1,"$1,500 ","$1,500 ",Critical,https://www.amazon.com/EF-ECOFLOW-Generator-High-Power-Appliances/dp/B09W9KDYFN,EcoFlow DELTA Pro 3.6kWh ~$2000. Or LiFePO4 server rack battery 48V 100Ah ~$800-1500. Size to daily need.,
Power,Inverter (9500W pure sine wave),Converts battery DC to clean 120V AC — sized to handle all equipment including simultaneous burst loads. Skip if using EcoFlow (has built-in inverter).,1,$800 ,$800 ,High,https://www.amazon.com/pure-sine-wave-inverter-9500W/s?k=pure+sine+wave+inverter+9500W,AIMS or Giandel 9500W+ ~$700-1000. Handles full trailer load without staff restrictions.,
Power,Battery Charger / Transfer Switch,Auto-starts Predator when battery hits 40% — charges battery — auto-stops at 90%. Keeps generator runtime minimal.,1,$200 ,$200 ,High,https://www.amazon.com/automatic-generator-transfer-switch/s?k=automatic+generator+transfer+switch,If using EcoFlow: the Smart Generator does this natively. If DIY battery: need an auto-start module + charger.,
Power,Shore Power Inlet (30A),30A RV-style inlet for locations with available power hookup — bypasses generator entirely,1,$80 ,$80 ,High,https://www.amazon.com/30-amp-rv-power-inlet/s?k=30+amp+rv+power+inlet,Bypass generator when lot provides power. Saves fuel + battery cycles.,
Power,Extension Cord (10 gauge 50ft),Heavy-duty extension for shore power connection,1,$60 ,$60 ,High,https://www.amazon.com/10-gauge-extension-cord-50ft/s?k=10+gauge+extension+cord+50ft,10AWG minimum for 30A service.,
Power,LED Interior Lighting (12V DC),12V LED strips/panels powered directly from battery — no inverter loss,1,$80 ,$80 ,Medium,https://www.amazon.com/12v-led-strip-light/s?k=12v+led+strip+light,Run lights directly off battery DC. More efficient than through inverter.,
Climate,48V DC Mini Split Heat Pump (12000 BTU),AC + heat in one unit — runs directly off battery bank (no inverter loss). Heats in winter + cools in summer.,1,"$1,200 ","$1,200 ",Critical,https://www.amazon.com/Ton-Conditioner-12-000-BTU/dp/B0C6LDB1LS,48V DC powered. No inverter needed for climate. Indiana needs both heat and AC.,
Networking & Security,12-Port POE Managed Switch (XikeStor 2.5G L2),Managed switch for cameras + POS + network — 8x 2.5G POE + 4x 10G SFP+,1,$200 ,$200 ,High,https://www.amazon.com/Managed-Network-2500Mbps-120Gbps-Management/dp/B0CGV4LL76,XikeStor 12-port 2.5G L2 managed POE+ 124W budget.,
Networking & Security,POE Security Cameras (ZOSI 5MP dome),IP cameras for interior + exterior + drive-through monitoring,3,$50 ,$150 ,High,https://www.amazon.com/ZOSI-ZM4285D-Security-Outdoor-Surveillance/dp/B0862B6FVJ,ZOSI 5MP add-on POE dome ~$40-60 each. Work with ZOSI NVR.,
Networking & Security,NVR (8-channel with 1TB HDD),Network video recorder for camera storage + playback,1,$150 ,$150 ,High,https://www.amazon.com/ZOSI-NVR-8-channel/s?k=ZOSI+NVR+8+channel,ZOSI 8-ch NVR ~$150-200. Matches the cameras.,
Networking & Security,Cellular Modem / Mobile Router,4G/5G internet for POS + cameras + remote monitoring,1,$150 ,$150 ,High,https://www.amazon.com/cellular-router-industrial/s?k=cellular+router+industrial,Peplink or GL.iNet industrial. Monthly data plan separate.,
Networking & Security,UPS (Battery Backup),Small UPS for switch + NVR + modem during power blips,1,$80 ,$80 ,Medium,https://www.amazon.com/APC-UPS-Battery-Backup/s?k=APC+UPS+battery+backup,Keep network gear alive during generator switchover.,
Networking & Security,Apple AirTag (trailer GPS tracking),Hidden tracker on trailer frame — locate if stolen or towed,1,$30,$30,High,https://www.amazon.com/Apple-MX542LL-A-AirTag/dp/B0D54JZTHY,Mount in hidden spot on frame. Pair with weatherproof holder. Requires iPhone/Find My network.,
POS & Payment,Square Terminal,All-in-one card reader + receipt printer + POS,1,$399 ,$399 ,Critical,https://www.amazon.com/square-b07npnnqln-terminal/dp/b07npnnqln,Square Terminal on Amazon. Free POS software. 2.6% + 15¢ processing.,
POS & Payment,iPad (10th gen) for Square POS,Backup display + order management tablet,1,$350 ,$350 ,High,https://www.amazon.com/Apple-2022-10-9-inch-iPad-Wi-Fi/dp/B0BJLXMVMV,iPad 10th gen. Runs Square POS app.,
POS & Payment,Cash Drawer,Lockable cash drawer connected to POS,1,$50 ,$50 ,Medium,https://www.amazon.com/cash-drawer/s?k=cash+drawer,Basic 16-inch cash drawer ~$40-60.,
POS & Payment,Receipt Printer (thermal),Backup receipt printer or kitchen ticket printer,1,$80 ,$80 ,Low,https://www.amazon.com/thermal-receipt-printer/s?k=thermal+receipt+printer,Square Terminal has built-in. Only needed for kitchen tickets.,
Signage & Exterior,Menu Board (illuminated),LED-backlit menu board or digital display for drive-through,1,$300 ,$300 ,High,https://www.amazon.com/led-menu-board/s?k=led+menu+board,Outdoor-rated. Consider digital (TV + media player) for easy updates.,
Signage & Exterior,Exterior Branding / Trailer Wrap,Full vinyl wrap — The Daily Pour branding,1,"$1,500 ","$1,500 ",High,https://wrapmate.com/locations/in-south-bend/,Wrapmate (3 certified 3M installers in South Bend area). Also: Indiana Wrap Co (NW Indiana) indianawrapco.com or Wraphouse Graphics (Indiana).,
Signage & Exterior,A-Frame Sidewalk Sign,Portable sandwich board for street-side advertising,1,$60 ,$60 ,Medium,https://www.amazon.com/a-frame-sidewalk-sign/s?k=a+frame+sidewalk+sign,Chalkboard or dry-erase style ~$40-80.,
Supplies (initial stock),Coffee Beans (wholesale 25 lb),Initial coffee bean inventory,2,$200 ,$400 ,Critical,https://www.bendixcoffee.com/,Bendix Coffee Roasters — local Michiana roaster (South Bend). Also: Revenant (231 S Michigan St) or Coffee Express Roasting Co (Michigan — near state line).,
Supplies (initial stock),Milk + Cream (initial stock),Whole milk + oat milk + cream,1,$150 ,$150 ,Critical,https://www.shopatdean.com/pages/south-bend-restaurant-supply,Dean Supply (South Bend restaurant supply). Also: Stanz Foodservice (South Bend — full distributor + public self-service store). Or Atlas Restaurant Supply (52245 IN-933 South Bend).,
Supplies (initial stock),Cups + Lids + Sleeves + Straws,Disposable serving supplies (first month),1,$300 ,$300 ,Critical,https://www.amazon.com/disposable-coffee-cups-lids/s?k=disposable+coffee+cups+lids,Bulk order — hot cups + cold cups + lids + straws.,
Supplies (initial stock),Syrups + Flavorings,Vanilla + caramel + hazelnut + seasonal,1,$200 ,$200 ,High,https://www.amazon.com/Torani-variety-pack/s?k=Torani+variety+pack,Torani or Monin commercial bottles. Available on Amazon.,
Permits & Fees,Mobile Food Vendor Permit,St. Joseph County / City of South Bend food vendor permit,1,$200 ,$200 ,Critical,https://www.sjcindiana.com/159/Health-Department,St. Joseph County Health Department. Contact for mobile food vendor application.,
Permits & Fees,Health Department Inspection,Initial inspection fee,1,$100 ,$100 ,Critical,https://www.sjcindiana.com/159/Health-Department,Same — required before opening. Schedule with county.,
,,,,ESTIMATED ONE-TIME TOTAL:,"$35,000 ",,,,
,,,,,,,,,
Recurring (monthly),Item,Description,Qty,Est. Monthly Cost,Annual Est.,Priority,Link/Source,Notes,
Recurring (monthly),Lot Lease,Monthly parking lot lease for trailer location,1,$500 ,"$6,000 ",Critical,,Kiowa negotiates. $300-1000/mo depending on traffic.,
Recurring (monthly),Business Insurance,General liability + food service coverage,1,$250 ,"$3,000 ",Critical,,Get quotes from local agent. ~$150-300/mo.,
Recurring (monthly),Trailer Manager Salary,On-site manager running T-00 daily operations (W-2),1,"$3,200 ","$38,400 ",Critical,,Kiowa hires. Full-time.,
Recurring (monthly),Part-Time Staff Salary,Part-time barista/support for peak hours (W-2 or 1099),1,"$1,200 ","$14,400 ",Critical,,Covers rush periods.,
Recurring (monthly),Fresh Water Refill,65 gal/day × 26 days/mo — municipal water or delivery,1,$50 ,$600 ,Medium,,Fill from lot spigot (if available) or haul. Very cheap if lot has water hookup.,
Recurring (monthly),Propane (water heater),20 lb tank exchange every 2-4 weeks,1,$30 ,$360 ,Medium,,Gas station exchange ~$25-35.,
Recurring (monthly),Generator Fuel (gas),Predator runs ~4 hrs/day × 26 days/mo × 0.5 gal/hr,1,$100 ,"$1,200 ",High,,~52 gal/mo × ~$3.50/gal. Less if battery is oversized.,
Recurring (monthly),Black Tank Pump-Out (Huff Septic),On-demand pump-out every 2-3 weeks (30 gal black tank),1,$100 ,"$1,200 ",Critical,https://huffseptic.com/,Huff Septic South Bend. $75-150/visit. Call when monitor says 80%.,
Recurring (monthly),Gray Water Disposal,Pump-out or drain to sewer if lot permits,1,$50 ,$600 ,Medium,https://huffseptic.com/,Often same visit as black tank. Some lots have sewer hookup (free).,
Recurring (monthly),Coffee Beans (wholesale),Ongoing bean supply from local roaster,1,$400 ,"$4,800 ",Critical,https://www.bendixcoffee.com/,Bendix Coffee Roasters (South Bend). ~100 customers/day.,
Recurring (monthly),Milk + Cream + Oat Milk,Perishable dairy/alt-milk supply,1,$300 ,"$3,600 ",Critical,https://www.shopatdean.com/pages/south-bend-restaurant-supply,Dean Supply or Stanz Foodservice (South Bend).,
Recurring (monthly),Cups + Lids + Disposables,Hot cups + cold cups + lids + straws + sleeves,1,$250 ,"$3,000 ",Critical,https://www.amazon.com/disposable-coffee-cups-lids/s?k=disposable+coffee+cups+lids,Bulk order monthly.,
Recurring (monthly),Syrups + Flavorings,Torani/Monin refills,1,$100 ,"$1,200 ",High,https://www.amazon.com/Torani-variety-pack/s?k=Torani+variety+pack,Restock as needed.,
Recurring (monthly),Cellular Data Plan,4G/5G for POS + cameras + remote monitoring,1,$75 ,$900 ,High,,T-Mobile or AT&T business plan.,
Recurring (monthly),Square Processing Fees,2.6% + 15¢ per transaction (100 customers/day × $8 avg × 26 days),1,$560 ,"$6,720 ",Critical,,~$20,800/mo revenue × 2.7% effective rate.
,,,,EST. MONTHLY RECURRING:,"$7,165 ",,,,
,,,,EST. ANNUAL RECURRING:,"$85,980 ",,,,
Can't render this file because it has a wrong number of fields in line 14.

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/mockups/dailypour-trailer-dt-mockup.png Normal file
View File

Binary file not shown.
Side by Side

After

Width:  |  Height:  |  Size: 2.3 MiB

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/mockups/dailypour-trailer-dt-mockup.png:Zone.Identifier Normal file
View File

Binary file not shown.

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/mockups/dailypour-winter-mockup.png Normal file
View File

Binary file not shown.
Side by Side

After

Width:  |  Height:  |  Size: 2.6 MiB

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/mockups/dailypour-winter-mockup.png:Zone.Identifier Normal file
View File

Binary file not shown.

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/mockups/mock-color.png Normal file
View File

Binary file not shown.
Side by Side

After

Width:  |  Height:  |  Size: 2.2 MiB

BIN
businesses/sns-hospitality-group/coffee-trailers/T-00/mockups/mock-color.png:Zone.Identifier Normal file
View File

Binary file not shown.

361
businesses/sns-hospitality-group/docs/hospitality-group-overview.html Normal file
View File

@ -0,0 +1,361 @@
<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>SnS Hospitality Group LLC — Partnership & Growth Plan</title>
<style>
:root{
--navy:#0A1628;
--cyan:#10C8D8;
--amber:#f59e0b;
--ink:#1a1f27;
--paper:#ffffff;
--muted:#5b6472;
--rule:#e2e6ec;
--accent-bg:#fffbeb;
--warn-bg:#fef2f2;
--warn-border:#dc2626;
--success-bg:#f0fdf4;
--success-border:#16a34a;
}
*{box-sizing:border-box}
body{
margin:0;
background:#f2f4f7;
font-family:"IBM Plex Sans",Inter,system-ui,Arial,sans-serif;
color:var(--ink);
line-height:1.7;
font-size:15px;
}
.doc{
max-width:860px;
margin:0 auto;
background:var(--paper);
padding:48px 56px 72px;
box-shadow:0 2px 24px rgba(10,22,40,.12);
}
.header{
border-bottom:3px solid var(--amber);
padding-bottom:20px;
margin-bottom:32px;
}
.header h1{
font-family:Oxanium,Sora,system-ui,sans-serif;
font-size:1.6rem;
color:var(--navy);
margin:0 0 6px;
letter-spacing:.5px;
}
.header .subtitle{
color:var(--amber);
font-weight:600;
font-size:1.05rem;
}
.meta{
display:flex;
flex-wrap:wrap;
gap:24px;
font-size:.88rem;
color:var(--muted);
margin-bottom:28px;
}
.meta b{color:var(--ink)}
h2{
font-family:Oxanium,Sora,system-ui,sans-serif;
font-size:1.1rem;
color:var(--navy);
border-bottom:2px solid var(--amber);
padding-bottom:6px;
margin:40px 0 16px;
}
h3{
font-size:.95rem;
color:var(--navy);
margin:28px 0 10px;
}
p,li{margin-bottom:8px}
ul,ol{padding-left:22px}
table{
width:100%;
border-collapse:collapse;
margin:14px 0;
font-size:.9rem;
}
th{
text-align:left;
padding:8px 10px;
background:var(--navy);
color:#fff;
font-weight:600;
}
td{
padding:8px 10px;
border-bottom:1px solid var(--rule);
}
.callout{
border-radius:8px;
padding:16px 20px;
margin:20px 0;
font-size:.92rem;
}
.callout-warn{
background:var(--warn-bg);
border:1px solid var(--warn-border);
}
.callout-success{
background:var(--success-bg);
border:1px solid var(--success-border);
}
.callout-info{
background:var(--accent-bg);
border:1px solid var(--amber);
}
.callout b{color:var(--ink)}
.sig-section{
margin-top:56px;
padding-top:24px;
border-top:2px solid var(--navy);
}
footer{
text-align:center;
color:var(--muted);
font-size:.8rem;
padding:28px 24px 48px;
}
@media print{
body{background:#fff}
.doc{box-shadow:none;padding:0 8px}
footer{display:none}
}
</style>
</head>
<body>
<div class="doc">
<div class="header">
<h1>SnS Hospitality Group LLC</h1>
<div class="subtitle">Partnership & Growth Plan</div>
</div>
<div class="meta">
<div><b>Parent:</b> SnS Network Solutions Holdings LLC</div>
<div><b>Focus:</b> Mobile/trailer-based food & beverage</div>
<div><b>Territory:</b> NW Indiana + Southern Michigan</div>
<div><b>First Venture:</b> The Daily Pour (coffee trailer)</div>
</div>
<!-- MEMBERSHIP -->
<h2>Membership</h2>
<table>
<tr><th>Member</th><th>Interest</th><th>Type</th></tr>
<tr><td>SnS Network Solutions Holdings LLC</td><td>75% (minimum)</td><td>Capital + control</td></tr>
<tr><td>Kiowa Scott — service equity</td><td>Up to 15% (guaranteed, earned over time)</td><td>Vested through operational work</td></tr>
<tr><td>Kiowa Scott — investment equity (proportional)</td><td>Up to 10% per venture</td><td>Proportional to startup capital contributed. Formula: (investment ÷ startup cost) × 100, capped at 10%.</td></tr>
</table>
<!-- ROLES -->
<h2>Kiowa's Role</h2>
<ul>
<li>Finding and securing high-traffic parking spots / locations</li>
<li>Managing legal compliance, permits, renewals across all locations</li>
<li><b>Recruiting, hiring, and managing staff</b> — Kiowa finds the best people for the job; she does not work the trailer herself</li>
<li>Overseeing day-to-day operations (scheduling, vendor relationships, staff accountability)</li>
<li>Ensuring profitability of the mobile fleet</li>
</ul>
<!-- EQUITY TERMS -->
<h2>Equity Terms</h2>
<div class="callout callout-info">
<b>Sam retains minimum 75% of the Hospitality Group.</b> Maximum 25% is available — 15% guaranteed to Kiowa through service, 10% available through capital investment.
</div>
<h3>Equity Breakdown</h3>
<table>
<tr><th>Allocation</th><th>Amount</th><th>How It's Earned</th></tr>
<tr><td>Kiowa — Service Equity (guaranteed)</td><td>15%</td><td>Earned through operational work, vested over time per venture (see below)</td></tr>
<tr><td>Kiowa — Investment Equity (proportional)</td><td>Up to 10%</td><td>Earned by contributing working capital at startup. Formula: (Kiowa's investment ÷ venture startup cost) × 100, capped at 10%.</td></tr>
<tr><td>Other Investor (if applicable)</td><td>Up to 10%</td><td>Same proportional formula. Available only if Kiowa does not fill the full 10% at startup.</td></tr>
<tr><td>Holdings (Sam) — minimum</td><td>75%</td><td>Capital + control. Never drops below 75%.</td></tr>
</table>
<div class="callout callout-warn">
<b>Kiowa's guaranteed path:</b> 15% through service equity (no capital required).<br>
<b>Her optional upside:</b> Up to 10% additional — earned proportionally by investing working capital at startup per venture. The more she puts in toward startup costs, the more she earns (capped at 10%). Must invest at or before the Opening Date — no retroactive buy-in.
</div>
<h3>Investment Equity Example (per venture)</h3>
<table>
<tr><th>Venture Startup Cost</th><th>Kiowa Invests</th><th>% of Startup</th><th>Investment Equity</th><th>+ Service (12 mo)</th><th>Her Total</th></tr>
<tr><td>$50,000</td><td>$5,000</td><td>10%</td><td>10%</td><td>15%</td><td><b>25%</b></td></tr>
<tr><td>$50,000</td><td>$2,500</td><td>5%</td><td>5%</td><td>15%</td><td><b>20%</b></td></tr>
<tr><td>$50,000</td><td>$1,000</td><td>2%</td><td>2%</td><td>15%</td><td><b>17%</b></td></tr>
<tr><td>$50,000</td><td>$0</td><td>0%</td><td>0%</td><td>15%</td><td><b>15%</b></td></tr>
</table>
<h3>Per-Venture Vesting (Service Equity — the guaranteed 15%)</h3>
<p>Each venture (trailer) Kiowa participates in earns her equity in the Hospitality Group:</p>
<table>
<tr><th>Grant</th><th>Amount</th><th>When</th></tr>
<tr><td>Formation grant</td><td>5%</td><td>Vests immediately upon venture formation</td></tr>
<tr><td>Service grant</td><td>10%</td><td>Vests quarterly (2.5% per quarter) over 12 months from Opening Date</td></tr>
<tr><td><b>Total per venture</b></td><td><b>15%</b></td><td>Fully vested after 12 months of active service</td></tr>
</table>
<ul>
<li>Vesting clock starts on the <b>Opening Date</b> (first day of revenue-generating operations)</li>
<li>Each venture has its own independent vesting schedule</li>
<li>Total cumulative <b>service equity</b> is <b>capped at 15%</b></li>
<li>Additional up to 10% per venture through capital investment (proportional — see Equity Breakdown above)</li>
</ul>
<!-- MANDATORY BUYBACK -->
<h2>Mandatory Buyback — Departure Before Completion</h2>
<div class="callout callout-warn">
<b>If Kiowa leaves, becomes inactive, or fails to add material value at any point before all 10 trailers are operational</b> — she is required to sell her vested interest back to Holdings.
</div>
<table>
<tr><th>Term</th><th>Detail</th></tr>
<tr><td>Buyback price</td><td><b>50% of current fair market value</b> of her interest</td></tr>
<tr><td>FMV definition</td><td>Net asset value (assets − liabilities) × her ownership %. Per most recent quarterly books, or independent valuation if disputed.</td></tr>
<tr><td>Mandatory?</td><td>Yes — she cannot retain passive ownership before the 10-trailer milestone</td></tr>
<tr><td>Payment terms</td><td>Lump sum within 90 days, or 12-month installment plan at Sam's election</td></tr>
<tr><td>Unvested portion</td><td>Forfeited automatically — reverts to Holdings at no cost</td></tr>
</table>
<h3>Trigger Events</h3>
<ul>
<li>Voluntary resignation from operational role</li>
<li>Failure to perform duties for 30+ consecutive days without approved leave</li>
<li>Removal for cause (fraud, theft, gross negligence, breach of NDA)</li>
<li>Mutual written agreement to part ways</li>
</ul>
<h3>What "Fails to Add Value" Means (Objective Triggers)</h3>
<ul>
<li>Locations going unstaffed or closing due to Kiowa's inaction</li>
<li>Permits/licenses lapsing due to missed renewals she was responsible for</li>
<li>Failure to actively manage at least 3 days/week across operational locations</li>
<li>Consecutive quarterly revenue decline across her managed locations without a documented recovery plan</li>
</ul>
<!-- POST-COMPLETION -->
<h2>After 10 Trailers Are Complete</h2>
<div class="callout callout-success">
<b>The mandatory buyback expires.</b> The fleet is built. The deal is honored.
</div>
<h3>If She Keeps Working</h3>
<p>Full equity, full distributions, full management authority. Business as usual.</p>
<h3>If She Stops Working</h3>
<ul>
<li><b>Retains all vested equity</b> as a passive member (economic rights only)</li>
<li><b>Loses management authority</b> — no decisions, no signing power, no operational role</li>
<li><b>Dilution:</b> Holdings will hire a W-2 operations manager to replace her role. That salary is a company expense (reduces distributable profit). Holdings may also issue new equity from its 75%+ position to incentivize the replacement — diluting Kiowa's percentage over time. She accepts this dilution as a consequence of stepping back.</li>
<li><b>No forced buyback</b> — she keeps what she earned</li>
</ul>
<h3>If She Wants to Sell (Right of First Refusal)</h3>
<table>
<tr><th>Term</th><th>Detail</th></tr>
<tr><td>Who buys first?</td><td>Sam / Holdings gets <b>first right to purchase</b></td></tr>
<tr><td>Price</td><td><b>80% of current FMV</b> (not projected — net asset value at time of offer)</td></tr>
<tr><td>Decision window</td><td>60 days from written notice</td></tr>
<tr><td>If Sam passes</td><td>Kiowa may sell to a third party — but not at a lower price than offered to Sam</td></tr>
<tr><td>Buyer approval</td><td>Any third-party buyer must be approved by Holdings and execute a joinder</td></tr>
<tr><td>Partial sales</td><td>Same terms apply — Holdings' ROFR covers partial sales too</td></tr>
</table>
<!-- EXIT SUMMARY -->
<h2>Exit Scenarios — Summary</h2>
<table>
<tr><th>Scenario</th><th>Outcome</th></tr>
<tr><td>Leaves before 10 trailers — <b>good standing + 90-day transition</b></td><td>Buyback at <b>100% of FMV</b>. Unvested forfeited.</td></tr>
<tr><td>Leaves before 10 trailers — <b>good standing, immediate</b></td><td>Buyback at <b>75% of FMV</b>. Unvested forfeited.</td></tr>
<tr><td>Leaves before 10 trailers — <b>abandonment</b></td><td>Buyback at <b>50% of FMV</b>. Unvested forfeited.</td></tr>
<tr><td><b>Forfeiture for Cause</b> (fraud/theft/intentional misconduct)</td><td>ALL equity forfeited. $0. Permanent removal.</td></tr>
<tr><td>Stays through 10 trailers, <b>keeps working</b></td><td>Full equity, full distributions, full management authority.</td></tr>
<tr><td>Stays through 10 trailers, <b>stops working</b></td><td>Keeps equity (passive), loses management authority, accepts dilution from replacement hire.</td></tr>
<tr><td>Stays through 10 trailers, <b>wants to sell (all ventures excelling)</b></td><td>Holdings buys at <b>100% FMV</b>. Must approve any third-party buyer.</td></tr>
<tr><td>Stays through 10 trailers, <b>wants to sell (any venture declining)</b></td><td>Holdings buys at <b>85% FMV</b>. Must approve any third-party buyer.</td></tr>
</table>
<!-- GROWTH PLAN -->
<h2>5-Year Growth Plan — "The Daily Pour"</h2>
<div class="meta">
<div><b>Brand:</b> The Daily Pour</div>
<div><b>Target:</b> 10 trailers over 5 years</div>
<div><b>Investment/unit:</b> ~$25,000</div>
<div><b>Revenue target/unit:</b> 100 customers/day × $8 avg × 6 days/wk</div>
</div>
<table>
<tr><th>Year</th><th>Trailers</th><th>Cumulative</th><th>Milestone</th></tr>
<tr><td>Year 1 (mo 1–12)</td><td>1</td><td>1</td><td>Build, learn, automate, reduce costs. 9-month operating period to prove the model.</td></tr>
<tr><td>Year 2 (mo 13–24)</td><td>2–3</td><td>3</td><td>6-month cadence begins. Apply Year 1 lessons. First shift leads hired.</td></tr>
<tr><td>Year 3 (mo 25–36)</td><td>4–5</td><td>5</td><td>Systems mature, staffing bench built, costs optimized.</td></tr>
<tr><td>Year 4 (mo 37–48)</td><td>6–8</td><td>8</td><td>Pace accelerates if ops support it. Southern Michigan expansion.</td></tr>
<tr><td>Year 5 (mo 49–60)</td><td>9–10</td><td>10</td><td>Full fleet. Kiowa oversees all. Sam = capital + strategy only.</td></tr>
</table>
<div class="callout callout-info">
<b>Year 1 philosophy:</b> Build → Learn → Automate → Reduce cost → Then scale.<br>
<b>Launch cadence:</b> 1 trailer every 6 months (after Year 1). No new trailer until the previous one is profitable.
</div>
<!-- ROLES -->
<h2>Roles in the Growth Plan</h2>
<table>
<tr><th>Role</th><th>Sam</th><th>Kiowa</th></tr>
<tr><td>Capital</td><td>All investment</td><td>—</td></tr>
<tr><td>Location scouting</td><td>—</td><td>Find + secure lots</td></tr>
<tr><td>Permits & compliance</td><td>—</td><td>All filings, health dept, renewals</td></tr>
<tr><td>Buildout & equipment</td><td>Fund + approve</td><td>Coordinate</td></tr>
<tr><td>Hiring & staffing</td><td>—</td><td>Recruit, hire, and manage the best people for the job</td></tr>
<tr><td>Day-to-day operations</td><td>—</td><td>Oversee all locations (does NOT work the trailer herself)</td></tr>
<tr><td>Strategic decisions</td><td>Final authority</td><td>Input</td></tr>
<tr><td>Financial oversight</td><td>P&L review, distributions</td><td>Reports to Sam</td></tr>
</table>
<!-- GROWTH RULES -->
<h2>Growth Rules</h2>
<ul>
<li><b>No new trailer until the previous one is profitable</b> — growth is earned, not scheduled</li>
<li><b>Each trailer must hit break-even within 90 days</b> or operations are paused and diagnosed</li>
<li><b>Staffing scales with trailers</b> — Kiowa hires shift leads; she doesn't work every window forever</li>
<li><b>Capital calls are Sam's decision</b> — Kiowa proposes expansion, Sam approves the spend</li>
</ul>
<!-- FUTURE VENTURES -->
<h2>Future Ventures</h2>
<p><b>"The Daily Pour" is the brand — every trailer is a Daily Pour location.</b> The fleet will be deployed across NW Indiana (and eventually Southern Michigan). Each trailer is identified by its unit number:</p>
<div class="callout callout-info">
<b>Naming convention:</b> T-[NUMBER] — e.g., <b>T-00</b> (first trailer), <b>T-01</b> (second), <b>T-02</b> (third), through <b>T-09</b> (tenth).
</div>
<table>
<tr><th>Unit</th><th>Status</th><th>Location</th></tr>
<tr><td>T-00</td><td>Planning</td><td>TBD — NW Indiana</td></tr>
<tr><td>T-01</td><td>Future (Year 2)</td><td>TBD</td></tr>
<tr><td>T-02</td><td>Future (Year 2)</td><td>TBD</td></tr>
<tr><td>T-03 – T-09</td><td>Future (Years 3–5)</td><td>TBD</td></tr>
</table>
<p>Other mobile ventures (Indian food truck, smoothie trailer, BBQ, etc.) are separate concepts under the Hospitality Group — not Daily Pour units. Each follows the same equity framework independently.</p>
</div>
<footer>
SnS Hospitality Group LLC — Internal planning document. Not a legal agreement.<br>
Review with an Indiana-licensed attorney before formalizing into an Operating Agreement.
</footer>
</body>
</html>

730
businesses/sns-hospitality-group/docs/kiowa-partnership-agreement.html
View File

@ -3,20 +3,22 @@
<head> <head>
<meta charset="UTF-8"> <meta charset="UTF-8">
<meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>Partnership & Equity Framework — Kiowa Scott</title> <title>Operating Agreement — SnS Hospitality Group LLC</title>
<style> <style>
:root{ :root{
--navy:#0A1628; --navy:#0A1628;
--cyan:#10C8D8; --cyan:#10C8D8;
--amber:#f59e0b;
--ink:#1a1f27; --ink:#1a1f27;
--paper:#ffffff; --paper:#ffffff;
--muted:#5b6472; --muted:#5b6472;
--rule:#e2e6ec; --rule:#e2e6ec;
--accent-bg:#f0fafb; --warn-bg:#fef2f2;
--example-bg:#f8f6ff; --warn-border:#dc2626;
--example-border:#7c5cbf; --info-bg:#fffbeb;
--warn-bg:#fff8e1; --info-border:#f59e0b;
--warn-border:#e8b800; --success-bg:#f0fdf4;
--success-border:#16a34a;
} }
*{box-sizing:border-box} *{box-sizing:border-box}
body{ body{
@ -35,7 +37,7 @@
box-shadow:0 2px 24px rgba(10,22,40,.12); box-shadow:0 2px 24px rgba(10,22,40,.12);
} }
.header{ .header{
border-bottom:3px solid var(--cyan); border-bottom:3px solid var(--amber);
padding-bottom:20px; padding-bottom:20px;
margin-bottom:32px; margin-bottom:32px;
} }
@ -47,7 +49,7 @@
letter-spacing:.5px; letter-spacing:.5px;
} }
.header .subtitle{ .header .subtitle{
color:var(--cyan); color:var(--amber);
font-weight:600; font-weight:600;
font-size:1.05rem; font-size:1.05rem;
} }
@ -64,85 +66,29 @@
font-family:Oxanium,Sora,system-ui,sans-serif; font-family:Oxanium,Sora,system-ui,sans-serif;
font-size:1.1rem; font-size:1.1rem;
color:var(--navy); color:var(--navy);
border-bottom:2px solid var(--cyan); border-bottom:2px solid var(--amber);
padding-bottom:6px; padding-bottom:6px;
margin:36px 0 14px; margin:36px 0 14px;
} }
h3{ h3{font-size:.95rem;color:var(--navy);margin:24px 0 10px}
font-size:.95rem;
color:var(--navy);
margin:24px 0 10px;
}
p,li{margin-bottom:8px} p,li{margin-bottom:8px}
ul,ol{padding-left:22px} ul,ol{padding-left:22px}
table{ table{width:100%;border-collapse:collapse;margin:14px 0;font-size:.92rem}
width:100%; th{text-align:left;padding:8px 10px;background:var(--navy);color:#fff;font-weight:600}
border-collapse:collapse; td{padding:8px 10px;border-bottom:1px solid var(--rule)}
margin:14px 0; .callout{border-radius:8px;padding:16px 20px;margin:20px 0;font-size:.92rem}
font-size:.92rem; .callout-warn{background:var(--warn-bg);border:1px solid var(--warn-border)}
} .callout-info{background:var(--info-bg);border:1px solid var(--info-border)}
th{ .callout-success{background:var(--success-bg);border:1px solid var(--success-border)}
text-align:left; .callout b{color:var(--ink)}
padding:8px 10px; .sig-block{margin-top:48px;padding-top:24px;border-top:2px solid var(--navy)}
background:var(--navy); .sig-line{margin:24px 0 4px;border-bottom:1px solid var(--ink);width:65%;height:24px}
color:#fff;
font-weight:600;
}
td{
padding:8px 10px;
border-bottom:1px solid var(--rule);
}
tr:nth-child(even) td{background:#f9fafb}
.note{
background:var(--warn-bg);
border-left:4px solid var(--warn-border);
padding:12px 16px;
font-size:.88rem;
border-radius:4px;
margin:16px 0;
}
.note b{color:#7a5c00}
.example-box{
background:var(--example-bg);
border-left:4px solid var(--example-border);
padding:16px 20px;
border-radius:4px;
margin:20px 0;
}
.example-box h3{
color:var(--example-border);
margin:0 0 10px;
font-size:1rem;
}
.highlight{
background:var(--accent-bg);
border-radius:6px;
padding:14px 18px;
margin:14px 0;
}
.sig-block{
margin-top:48px;
padding-top:24px;
border-top:2px solid var(--navy);
}
.sig-line{
margin:24px 0 4px;
border-bottom:1px solid var(--ink);
width:65%;
height:24px;
}
.sig-label{font-size:.82rem;color:var(--muted);margin-bottom:18px} .sig-label{font-size:.82rem;color:var(--muted);margin-bottom:18px}
footer{ footer{text-align:center;color:var(--muted);font-size:.78rem;padding:28px 24px 48px}
text-align:center;
color:var(--muted);
font-size:.78rem;
padding:28px 24px 48px;
}
@media print{ @media print{
body{background:#fff} body{background:#fff}
.doc{box-shadow:none;padding:24px 48px} .doc{box-shadow:none;padding:24px 48px}
footer{display:none} footer{display:none}
.example-box{break-inside:avoid}
} }
</style> </style>
</head> </head>
@ -151,290 +97,422 @@
<div class="doc"> <div class="doc">
<div class="header"> <div class="header">
<h1>PARTNERSHIP &amp; EQUITY FRAMEWORK</h1> <h1>OPERATING AGREEMENT</h1>
<div class="subtitle">SnS Network Solutions Holdings LLC — Kiowa Scott</div> <div class="subtitle">SnS Hospitality Group LLC</div>
</div> </div>
<div class="meta"> <div class="meta">
<div><b>Holding entity:</b> SnS Network Solutions Holdings LLC</div> <div><b>Entity:</b> SnS Hospitality Group LLC</div>
<div><b>Managing Member:</b> Samuel S. James (97%)</div> <div><b>Type:</b> Multi-Member LLC (Indiana)</div>
<div><b>Partner:</b> Kiowa Scott</div> <div><b>Parent:</b> SnS Network Solutions Holdings LLC</div>
<div><b>State:</b> Indiana</div> <div><b>Effective date:</b> ________________</div>
<div><b>Effective:</b> ________________</div>
</div> </div>
<div class="note"> <!-- §1 -->
<b>Not legal advice.</b> This is a working draft for LegalShield / attorney review. <h2>1. Formation and Purpose</h2>
Items in <em>[brackets]</em> need confirmation before signing. Neither party should <p>This Operating Agreement (the "Agreement") is entered into by the undersigned Members
rely on this document until reviewed by an Indiana-licensed attorney and CPA. to govern the operations of <b>SnS Hospitality Group LLC</b> (the "Company"), a limited
</div> liability company organized under the Indiana Business Flexibility Act (Indiana Code
§ 23-18).</p>
<!-- ═══════════════════════════════════════════════ --> <p>The Company is formed to own, operate, and manage <b>mobile and trailer-based food and
<h2>1. Purpose &amp; Scope</h2> beverage ventures</b> across Northwest Indiana and Southern Michigan. The first venture
<p>This framework governs the Membership Interest granted to <b>Kiowa Scott</b> is <b>"The Daily Pour"</b> — a fleet of drive-through coffee trailers deployed to
("Kiowa") in <b>SnS Hospitality Group LLC</b> (the "Group"), a subsidiary of SnS high-traffic locations.</p>
Network Solutions Holdings LLC ("Holdings"). Kiowa's 15% interest is at the <p>The Members acknowledge that the Company's success depends on both <b>capital
<b>Group level</b> — she participates in ALL mobile/trailer-based ventures operated investment</b> (provided by Holdings) and <b>operational excellence, systems development,
under the Group (coffee trailers, food trucks, and any future mobile venture).</p> compliance management, and growth leadership</b> (provided by Kiowa). This Agreement is
<p>Kiowa is <b>not</b> a Member of Holdings itself. Samuel S. James remains Holdings' designed to fairly recognize and protect both forms of contribution.</p>
sole owner. This framework applies only to SnS Hospitality Group LLC.</p>
<p><b>Territory:</b> NW Indiana and Southern Michigan.</p>
<!-- ═══════════════════════════════════════════════ -->
<h2>2. Kiowa's Role (Per Venture)</h2>
<ul>
<li>Sourcing and scouting the business opportunity</li>
<li>Entity formation — Articles of Organization, EIN application, INBiz filings</li>
<li>Ongoing legal compliance — permits, renewals, filings, registered-agent duties</li>
<li>Management oversight — financial review, vendor coordination, ensuring profitability</li>
<li>Handling or coordinating any legal issues that arise in operations</li>
</ul>
<!-- ═══════════════════════════════════════════════ -->
<h2>3. The Grant — Split Structure</h2>
<p>Total potential equity per venture: <b>15% Membership Interest</b>, split into two buckets:</p>
<!-- §2 -->
<h2>2. Members and Ownership</h2>
<table> <table>
<tr><th>Bucket</th><th>Amount</th><th>Condition</th></tr> <tr><th>Member</th><th>Interest</th><th>Type</th></tr>
<tr> <tr><td>SnS Network Solutions Holdings LLC ("Holdings")</td><td>75% minimum</td><td>Capital + control</td></tr>
<td><b>Formation Grant</b></td> <tr><td>Kiowa Scott ("Kiowa") — service</td><td>Up to 15% (guaranteed, earned over time)</td><td>Vested through operational work</td></tr>
<td>5%</td> <tr><td>Kiowa Scott ("Kiowa") — investment</td><td>Up to 10% (proportional to startup capital contributed)</td><td>Must invest at startup per venture. Formula: (contribution ÷ startup cost) × 100, capped at 10%.</td></tr>
<td>Vests immediately on the <b>Formation Date</b> (date Articles of Organization are
filed). Payment for sourcing the venture and completing entity formation. <b>No
clawback.</b></td>
</tr>
<tr>
<td><b>Service Grant</b></td>
<td>10%</td>
<td>Vests in 4 equal quarterly tranches (2.5% each) from the <b>Opening Date</b>,
conditional on active service (see §4).</td>
</tr>
</table> </table>
<div class="highlight"> <div class="callout callout-info">
<b>Formation Date</b> = day the subsidiary's Articles of Organization are filed with <b>Holdings never drops below 75%.</b> Kiowa's guaranteed path is 15% through service.
the Indiana Secretary of State.<br> An additional up to 10% is earned proportionally by investing working capital at
<b>Opening Date</b> = day the venture begins revenue-generating operations (e.g., first startup — the more she contributes toward a venture's startup cost, the more
paying customer). The vesting clock starts here, not the Formation Date. investment equity she earns (capped at 10%). If she doesn't invest, the tranche may
be offered to another investor at Holdings' discretion.
</div> </div>
<!-- ═══════════════════════════════════════════════ --> <!-- §3 -->
<h2>4. Service Grant — Vesting Schedule</h2> <h2>3. Management</h2>
<p>Measured from the <b>Opening Date</b> (first coffee trailer serves its first paying customer):</p> <p>The Company shall be <b>Member-managed</b>. Holdings (represented by Samuel S. James)
retains sole authority over all day-to-day operational decisions and capital deployment.</p>
<h3>3.1 Holdings' Authority (Samuel S. James)</h3>
<ul>
<li>Capital expenditures and investment decisions</li>
<li>Forming, acquiring, or dissolving ventures</li>
<li>Opening and controlling bank accounts</li>
<li>Approving new locations and expansion timing</li>
<li>Hiring and removing the General Manager</li>
</ul>
<h3>3.2 Kiowa's Role — Operations Director</h3>
<p>Kiowa serves as <b>Operations Director</b> — a strategic and administrative leadership
role. Her responsibilities:</p>
<ul>
<li>Compliance — permits, licenses, health department filings, renewals</li>
<li>Site selection — finding and securing high-traffic lot locations</li>
<li>SOPs — building standard operating procedures and systems for scale</li>
<li>Grant sourcing — identifying, applying for, and securing grants/funding</li>
<li>Growth planning — expansion strategy, new market evaluation</li>
<li>Legal/admin — formation paperwork, regulatory filings, insurance coordination</li>
<li>Recruiting Location Managers — finding the right people to run each trailer</li>
</ul>
<h3>3.3 Location Manager (Per Trailer)</h3>
<p>Each trailer is run by a <b>Location Manager</b> — the lead barista/operator who is
empowered to handle day-to-day operations independently:</p>
<ul>
<li>Opening/closing the trailer</li>
<li>Scheduling and managing their own support staff</li>
<li>Vendor relationships and supply ordering</li>
<li>Customer service and quality control</li>
<li>Hiring part-time support for their location</li>
</ul>
<p>The Location Manager runs their trailer. They are NOT managed by a General Manager —
they report directly to Sam and Kiowa as co-founders.</p>
<h3>3.4 Shared Founder Responsibility — Escalations</h3>
<p>Sam and Kiowa <b>share responsibility</b> for issues the Location Manager cannot
resolve on their own, including:</p>
<ul>
<li>Equipment failure (generator, espresso machine, refrigeration)</li>
<li>Infrastructure issues (power outage, leaks, internet/network down)</li>
<li>Lease/landlord disputes</li>
<li>Major staffing issues (Location Manager quits, needs to be replaced)</li>
<li>Any situation requiring capital expenditure or legal action</li>
</ul>
<p>Either founder may handle an escalation. Neither founder is solely responsible for
day-to-day store operations — that is the Location Manager's job.</p>
<h3>3.5 Major Decisions Requiring Mutual Consent</h3>
<p>The following decisions require the <b>written consent of both Members</b> (Holdings
AND Kiowa), regardless of ownership percentage:</p>
<ul>
<li>Selling or merging the Company (or any material portion of its assets)</li>
<li>Dissolving the Company</li>
<li>Issuing new equity that would dilute any Member's <b>vested</b> interest</li>
<li>Amending this Operating Agreement</li>
</ul>
<p>All other business decisions remain under Holdings' authority per §3.1.</p>
<!-- §4 -->
<h2>4. Equity Vesting — Service Grant (15%)</h2>
<p>Each venture Kiowa participates in earns her equity in the Hospitality Group:</p>
<table> <table>
<tr><th>Milestone</th><th>Vests</th><th>Cumulative Total</th><th>Condition</th></tr> <tr><th>Grant</th><th>Amount</th><th>When</th></tr>
<tr><td>Formation Date (Group LLC filed)</td><td>5.0%</td><td>5.0%</td><td>Immediate — formation work complete</td></tr> <tr><td>Formation grant</td><td>5%</td><td>Vests immediately upon venture formation (Articles filed)</td></tr>
<tr><td>3 months</td><td>2.5%</td><td>7.5%</td><td>Actively performing duties</td></tr> <tr><td>Service grant (Q1)</td><td>2.5%</td><td>3 months from Opening Date</td></tr>
<tr><td>6 months</td><td>2.5%</td><td>10.0%</td><td>Actively performing duties</td></tr> <tr><td>Service grant (Q2)</td><td>2.5%</td><td>6 months from Opening Date</td></tr>
<tr><td>9 months</td><td>2.5%</td><td>12.5%</td><td>Actively performing duties</td></tr> <tr><td>Service grant (Q3)</td><td>2.5%</td><td>9 months from Opening Date</td></tr>
<tr><td>12 months</td><td>2.5%</td><td>15.0%</td><td>Actively performing duties</td></tr> <tr><td>Service grant (Q4)</td><td>2.5%</td><td>12 months from Opening Date</td></tr>
<tr><td><b>Total</b></td><td><b>15%</b></td><td>Fully vested after 12 months of active service</td></tr>
</table> </table>
<h3>4.1 "Actively Performing" Defined</h3>
<p>At each quarterly milestone, Kiowa must be, at minimum:</p>
<ul> <ul>
<li>Handling or coordinating legal filings, permits, renewals, and regulatory compliance</li> <li><b>Opening Date</b> = first day of revenue-generating operations</li>
<li>Providing regular management oversight (financial reviews, vendor/operator <li>Each venture has its own independent vesting schedule</li>
coordination, staffing decisions)</li> <li>Total cumulative service equity is <b>capped at 15%</b></li>
<li>Responsive and available for Company business decisions within reasonable timeframes</li>
<li>Not in material breach of the NDA or operating agreement</li>
</ul> </ul>
<h3>4.2 Acceleration</h3> <!-- §5 -->
<p>If cumulative net profit reaches <b>2× Sam's invested capital</b> at any point before <h2>5. Investment Equity (Up to 10%, Proportional)</h2>
month 12, all remaining unvested service tranches vest immediately — Kiowa jumps to the <p>For each venture, Kiowa may earn up to an <b>additional 10% Membership Interest</b> by
full 15%. This rewards exceptional performance without punishing normal first-year economics.</p> contributing working capital at startup. The investment equity is <b>proportional</b> to
her contribution relative to the venture's total startup cost:</p>
<h3>4.3 During Vesting (Months 1-12)</h3> <div class="callout callout-info">
<p>If at any quarterly milestone Kiowa is <b>not</b> actively performing (she resigned, <b>Formula:</b> Investment Equity % = (Kiowa's capital contribution ÷ total venture startup cost) × 100, <b>capped at 10%.</b>
became unresponsive, or was removed for cause), that tranche and all future tranches
<b>do not vest</b>. She keeps the 5% formation grant + any service tranches that already
vested. Unvested tranches revert to Holdings.</p>
<table>
<tr><th>Scenario (During Vesting Year)</th><th>Kiowa Keeps</th></tr>
<tr><td>Quits before Opening Date (formation work done)</td><td>5%</td></tr>
<tr><td>Quits at month 2 (before first service tranche)</td><td>5%</td></tr>
<tr><td>Active through month 3, quits at month 5</td><td>7.5%</td></tr>
<tr><td>Active through month 9</td><td>12.5%</td></tr>
<tr><td>Active through month 12</td><td>15% (fully vested)</td></tr>
<tr><td>Business hits 2× at month 7, Kiowa active</td><td>15% (accelerated)</td></tr>
</table>
<h3>4.4 After Full Vesting (Month 12+) — Permanent Ownership</h3>
<p>Once Kiowa is fully vested at 15%, <b>the equity is hers permanently</b>. She owns
it free and clear regardless of future involvement.</p>
<p><b>If she stops working after full vesting:</b></p>
<ul>
<li>She <b>loses management authority</b> — can no longer make operational decisions,
sign leases, hire/fire, or represent the Group to vendors or landlords</li>
<li>She <b>retains economic rights</b> — continues receiving 15% of distributions
as a passive member for as long as the Group exists</li>
<li>Holdings assumes full management control (or designates a replacement manager)</li>
</ul>
<p>Her incentive to keep working: distributions only exist if the trailers are
profitable, and profitability requires active management. 15% of nothing is nothing.</p>
<!-- ═══════════════════════════════════════════════ -->
<h2>5. Distributions</h2>
<ul>
<li>The <b>5% formation grant</b> earns distributions from the Formation Date forward.</li>
<li><b>Service tranches</b> earn distributions only once vested — unvested tranches
do not participate in distributions.</li>
<li>Once fully vested, Kiowa receives <b>15% of the Group's combined net profit</b>
across all ventures (coffee trailers, food trucks, and any future mobile business).</li>
<li>Distributions are pro rata to each Member's vested Membership Interest.</li>
</ul>
<!-- ═══════════════════════════════════════════════ -->
<h2>6. Group-Level Ownership</h2>
<p>Kiowa's 15% Membership Interest is in <b>SnS Hospitality Group LLC as a whole</b>,
not in any individual venture. She participates economically in every venture the Group
operates — coffee trailers, food trucks, and any future mobile business added to the
Group.</p>
<p>Her distributions are 15% of the Group's <b>combined net profit</b> across all
ventures. A strong-performing coffee trailer can offset a slower food truck month —
diversification benefits her.</p>
<!-- ═══════════════════════════════════════════════ -->
<h2>7. Distributions</h2>
<ul>
<li>The <b>5% formation grant</b> earns distributions from the Formation Date forward.</li>
<li><b>Service tranches</b> earn distributions only once vested — unvested tranches
do not participate in distributions.</li>
<li>Once fully vested, Kiowa receives <b>15% of the Group's combined net profit</b>
across all ventures.</li>
<li>Distributions are pro rata to each Member's vested Membership Interest.</li>
<li>After vesting, if Kiowa becomes a passive member (stops working), she continues
to receive distributions — 15% of whatever profit the Group generates.</li>
</ul>
<!-- ═══════════════════════════════════════════════ -->
<h2>8. Tax Treatment</h2>
<ul>
<li>The <b>formation + service grant</b> (15%) is intended as a <b>profits interest</b>
under Rev. Proc. 93-27 / 2001-43 — no taxable income to Kiowa on grant.</li>
<li>The <b>capital buy-up</b> is a straightforward capital contribution — not a profits
interest. Kiowa's tax basis equals her cash contributed.</li>
<li><b>Section 83(b) election:</b> Kiowa should file a protective 83(b) within 30 days
of each grant date. This is a <b>hard IRS deadline with no extensions</b> — the
single highest-stakes item in this arrangement.</li>
<li>Each two-member subsidiary files its own Form 1065 partnership return and issues
K-1s to both Members.</li>
</ul>
<div class="note">
<b>CPA review required</b> before any grant: confirm profits-interest qualification,
83(b) timing, and tiered-partnership filing mechanics between the subsidiary and Holdings.
</div> </div>
<!-- ═══════════════════════════════════════════════ --> <table>
<h2>9. Confidentiality</h2> <tr><th>Venture Startup Cost</th><th>Kiowa Invests</th><th>% of Startup</th><th>Investment Equity</th><th>+ Service (12 mo)</th><th>Her Total</th></tr>
<p>Kiowa's access to Sam's personal information (SSN, financial accounts, IRS <tr><td>$50,000</td><td>$5,000</td><td>10%</td><td>10%</td><td>15%</td><td><b>25%</b></td></tr>
correspondence) during formation work is governed by a separate <b>Non-Disclosure <tr><td>$50,000</td><td>$2,500</td><td>5%</td><td>5%</td><td>15%</td><td><b>20%</b></td></tr>
Agreement</b> (see <code>nda-formation-partner.md</code>). The NDA applies regardless <tr><td>$50,000</td><td>$1,000</td><td>2%</td><td>2%</td><td>15%</td><td><b>17%</b></td></tr>
of which ventures she vests into and survives termination of any individual venture <tr><td>$50,000</td><td>$0</td><td>0%</td><td>0%</td><td>15%</td><td><b>15%</b></td></tr>
relationship.</p> </table>
<!-- ═══════════════════════════════════════════════ --> <ul>
<h2>10. Definitions</h2> <li><b>Timing:</b> Investment must be made <b>at startup</b> (before or at the Opening Date). No retroactive buy-in after operations begin.</li>
<li><b>Per venture:</b> Each trailer/venture has its own startup cost and its own investment opportunity. Investing in T-00 does not carry over to T-01.</li>
<li><b>Cap:</b> Investment equity is capped at 10% regardless of how much Kiowa contributes — she cannot buy more than 10% per venture.</li>
<li><b>Vests immediately:</b> Investment equity vests on the date funds are received by the Company. No time-based vesting.</li>
<li><b>Holdings minimum preserved:</b> Holdings never drops below 75%.</li>
<li><b>If Kiowa does not invest:</b> the investment tranche remains available to a third-party investor under the same proportional formula, at Holdings' discretion.</li>
</ul>
<!-- §6 -->
<h2>6. Grant Finder's Fee</h2>
<p>If Kiowa identifies, applies for, and secures a <b>grant</b> (non-repayable funding —
government, foundation, or private grant money) for any venture under the Hospitality
Group:</p>
<ul>
<li>Kiowa receives <b>7.5% of the total grant amount</b> as a one-time lump sum</li>
<li>Payment is due within <b>14 days</b> of the grant funds hitting the Company's bank account</li>
<li>This fee is in addition to (not instead of) her equity and distributions</li>
<li>"Grant" means money the Company does not have to repay — loans, lines of credit, and investor capital do not qualify</li>
</ul>
<!-- §7 -->
<h2>7. Departure Buyback (Before 10 Trailers)</h2>
<div class="callout callout-warn">
<b>If Kiowa departs before all 10 Daily Pour trailers are operational</b> — she is
required to sell her vested interest back to Holdings. The buyback price depends on
how she leaves.
</div>
<h3>7.1 Tiered Buyback Pricing</h3>
<table>
<tr><th>Departure Type</th><th>Buyback Price</th></tr>
<tr><td><b>Good standing + 90-day transition</b> (helps onboard replacement, documents systems, hands off cleanly)</td><td><b>100% of FMV</b></td></tr>
<tr><td><b>Good standing, immediate departure</b> (no transition, but no misconduct)</td><td><b>75% of FMV</b></td></tr>
<tr><td><b>Abandonment</b> (no notice, 30+ days unresponsive, no communication)</td><td><b>50% of FMV</b></td></tr>
<tr><td><b>For Cause</b> (fraud, theft, intentional misconduct — see §8)</td><td><b>$0 — full forfeiture</b></td></tr>
</table>
<p><b>FMV definition:</b> Net asset value (total assets − total liabilities) × Kiowa's
vested ownership percentage, as determined by the Company's most recent quarterly books.
If disputed, an independent third-party valuation at shared cost.</p>
<p><b>Payment terms:</b> Lump sum within 90 days of the departure date, or a 12-month
installment plan at Holdings' election.</p>
<p><b>Unvested portion:</b> Any unvested equity at the time of departure is forfeited
automatically — reverts to Holdings at no cost, regardless of departure type.</p>
<h3>7.2 Trigger Events</h3>
<ul>
<li>Voluntary resignation from operational role</li>
<li>Failure to fulfill responsibilities (per §7.3) after notice and cure period</li>
<li>Removal for cause (see §8 — Forfeiture for Cause)</li>
<li>Mutual written agreement to part ways</li>
</ul>
<h3>7.3 Performance Standards (Outcome-Based)</h3>
<p>Instead of hourly commitments, Kiowa's performance is measured by outcomes:</p>
<ul>
<li>All permits and licenses are current (no lapses)</li>
<li>All operational locations are staffed and open per schedule</li>
<li>Quarterly financial reports delivered within 30 days of quarter-end</li>
<li>Expansion milestones progressing per the agreed growth plan</li>
<li>SOPs documented and maintained for each venture</li>
</ul>
<p>If Kiowa is not meeting these outcomes, the following process applies:</p>
<ol>
<li><b>Written notice</b> from Holdings specifying the deficiency</li>
<li><b>30-day cure period</b> for Kiowa to resolve the issue (where the issue is curable)</li>
<li>If not resolved → <b>30-day mediation</b> (both parties select a neutral mediator)</li>
<li>If mediation fails → <b>binding arbitration</b> in St. Joseph County, Indiana</li>
</ol>
<p>Only after this process is exhausted may Holdings invoke the buyback. No buyback may
be triggered on the basis of a performance issue without completing the notice + cure +
mediation steps above.</p>
<!-- §8 -->
<h2>8. Forfeiture for Cause</h2>
<div class="callout callout-warn">
<b>If Kiowa violates any law or is found to have misappropriated any terms of this
Agreement, she forfeits ALL rights — including all vested and unvested equity — in
the Company.</b>
</div>
<h3>8.1 Triggering Violations (Serious Misconduct Only)</h3>
<p>Forfeiture for Cause is triggered <b>only</b> by intentional, serious misconduct:</p>
<ul>
<li><b>Fraud or theft</b> — any act of fraud, embezzlement, or theft against the Company, its Members, employees, customers, or vendors</li>
<li><b>Misuse of company funds</b> — unauthorized withdrawals, personal use of business accounts, falsified expenses, or deliberate diversion of revenue</li>
<li><b>Misuse of company assets</b> — unauthorized sale or encumbrance of company property, equipment, or intellectual property</li>
<li><b>Intentional disclosure of private data</b> — deliberate unauthorized sharing of Social Security Numbers, EIN information, financial account details, trade secrets, or any information protected under the NDA</li>
<li><b>Criminal conduct</b> — conviction of or plea to any felony, or any misdemeanor involving dishonesty or fraud, in connection with her role</li>
<li><b>Intentional material breach</b> of this Agreement or the NDA</li>
</ul>
<p><b>What does NOT trigger forfeiture:</b> Performance issues, honest mistakes,
negligence, circumstances outside Kiowa's control, or disagreements between Members.
These are handled through the notice/cure/mediation process in §7.3, potentially
leading to a buyback — not forfeiture.</p>
<h3>8.2 Consequences of Forfeiture for Cause</h3>
<ul>
<li><b>All equity forfeited</b> — both vested and unvested Membership Interest reverts to Holdings immediately, at no cost to Holdings</li>
<li><b>Distributions cease</b> — Kiowa receives only distributions already earned and unpaid through the current quarter at the time of forfeiture. No future distributions.</li>
<li><b>Permanent removal</b> — Kiowa is permanently removed from the Company and all ventures under the Hospitality Group. No reinstatement.</li>
<li><b>No buyback payment</b> — unlike the §7 departure buyback, forfeiture for cause results in zero compensation for the forfeited equity</li>
<li><b>Additional remedies preserved</b> — forfeiture does not limit Holdings' right to pursue legal action for damages, injunctive relief, or criminal referral as applicable</li>
</ul>
<h3>8.3 Determination Process</h3>
<p>Holdings shall provide Kiowa <b>written notice</b> of the alleged violation, specifying
the conduct at issue and the evidence supporting the claim. Kiowa has <b>15 calendar
days</b> to respond in writing. If the parties cannot resolve the matter within 15 days
of Kiowa's response, either party may submit the dispute to <b>binding arbitration</b>
in St. Joseph County, Indiana, under Indiana law. Forfeiture does not take effect until
either (a) Kiowa acknowledges the violation in writing, or (b) an arbitrator rules in
Holdings' favor.</p>
<!-- §9 -->
<h2>9. After 10 Trailers Are Complete</h2>
<div class="callout callout-success">
<b>The mandatory buyback (§7) expires.</b> The fleet is built. The deal is honored.
</div>
<h3>9.1 If She Keeps Working</h3>
<p>Full equity, full distributions, full management authority. Business as usual.</p>
<h3>9.2 If She Stops Working</h3>
<ul>
<li><b>Retains all vested equity</b> as a passive member (economic rights only)</li>
<li><b>Loses management authority</b> — no decisions, no signing power, no operational role</li>
<li><b>Dilution:</b> Holdings will hire a W-2 operations manager to replace her role.
That salary is a company expense reducing distributable profit. Holdings may also
issue new equity from its 75%+ position to incentivize the replacement, diluting
Kiowa's percentage over time. She accepts this dilution as a consequence of stepping back.</li>
<li><b>No forced buyback</b> — she keeps what she earned</li>
</ul>
<h3>9.3 Right of First Refusal — Post-Completion Sale</h3>
<p>If Kiowa decides to <b>sell</b> her vested interest after the 10 trailers are complete:</p>
<table>
<tr><th>Term</th><th>Detail</th></tr>
<tr><td>Who buys first?</td><td>Holdings gets <b>first right to purchase</b></td></tr>
<tr><td>Price (good standing, all ventures excelling)</td><td><b>100% of FMV</b> — Holdings matches fair market value when all businesses are performing and the departure is amicable</td></tr>
<tr><td>Price (if any venture is declining)</td><td><b>85% of FMV</b> — reduced to reflect transition risk when performance is mixed</td></tr>
<tr><td>Decision window</td><td>60 days from written notice</td></tr>
<tr><td>If Holdings passes</td><td>Kiowa may sell to a third party — but the buyer must be <b>approved by Holdings</b>. No sale to any party Holdings does not consent to.</td></tr>
<tr><td>Third-party price floor</td><td>Kiowa cannot sell to a third party at a price lower than what Holdings was offered</td></tr>
<tr><td>Partial sales</td><td>Same terms apply — Holdings' ROFR covers partial sales too</td></tr>
</table>
<!-- §10 -->
<h2>10. Distributions</h2>
<ul>
<li>Distributions of available profit are made to Members <b>pro rata</b> in proportion
to their vested Membership Interest</li>
<li>The <b>formation grant (5%)</b> earns distributions from the Formation Date forward</li>
<li><b>Service tranches</b> earn distributions only once vested — unvested tranches do not participate</li>
<li>Timing and amounts are determined by Holdings, subject to the Company's financial
obligations and applicable law</li>
<li>The Company may not make a distribution that would render it unable to pay its debts as they come due</li>
</ul>
<!-- §11 -->
<h2>11. Capital Contributions</h2>
<ul>
<li><b>Holdings:</b> Provides all capital required for trailer acquisition, buildout,
equipment, and initial operating expenses (~$35,000 per unit). Capital calls are
at Holdings' sole discretion.</li>
<li><b>Kiowa (service equity):</b> No capital contribution required. Her 15% is
earned through operational work.</li>
<li><b>Kiowa (investment equity):</b> Up to 10% of the venture's total startup cost,
contributed at startup. Earns proportional investment equity per §5.</li>
</ul>
<!-- §12 -->
<h2>12. Bank Accounts, Books, and Records</h2>
<ul>
<li>The Company shall maintain <b>its own bank account(s)</b>, separate from Holdings'
accounts, any Member's personal accounts, and any individual venture's accounts</li>
<li>Accurate books and records shall be maintained and made available to all Members</li>
<li>Quarterly financial reports (revenue, expenses, net profit, distributions) shall
be provided to all Members within 30 days of quarter-end</li>
</ul>
<!-- §13 -->
<h2>13. Tax Treatment</h2>
<p>As a multi-member LLC, the Company is treated as a <b>partnership</b> for U.S. federal
income tax purposes. Each Member reports their proportionate share of income/expense on
their individual return via Schedule K-1. The Company will file Form 1065 annually.</p>
<ul>
<li><b>Kiowa's service equity</b> is intended to qualify as a <b>profits interest</b>
under Rev. Proc. 93-27 / 2001-43 (no taxable income on grant)</li>
<li><b>Section 83(b) election:</b> Kiowa should file within 30 days of each grant date.
This is a hard IRS deadline with no extensions.</li>
<li><b>Fiscal year:</b> Calendar year (January 1 – December 31)</li>
</ul>
<!-- §14 -->
<h2>14. Confidentiality</h2>
<p>Kiowa's access to personal information, business data, trade secrets, and proprietary
information is governed by a separate <b>Non-Disclosure Agreement</b>. The NDA applies
regardless of Kiowa's membership status and survives termination of this Agreement.
Violation of the NDA constitutes grounds for Forfeiture for Cause under §8.</p>
<!-- §15 -->
<h2>15. Amendments</h2>
<p>This Agreement may be amended only by a <b>written instrument signed by all Members</b>.
Amendments are effective on the date stated in the amendment.</p>
<!-- §16 -->
<h2>16. Dissolution</h2>
<p>The Company shall continue in perpetuity unless dissolved by:</p>
<ul>
<li>The written consent of <b>both Members</b> (per §3.3); or</li>
<li>Operation of Indiana law.</li>
</ul>
<p><b>Notice:</b> Holdings shall provide Kiowa a minimum of <b>90 days written notice</b>
before any dissolution. Kiowa continues earning distributions through the notice period.</p>
<p>Upon dissolution, the Company's assets shall be applied first to creditors (including
any Member, if owed), then distributed to the Members pro rata in proportion to their
vested Membership Interests, after which Articles of Dissolution shall be filed with
the Indiana Secretary of State.</p>
<!-- §17 -->
<h2>17. Governing Law and Disputes</h2>
<p>This Agreement is governed by the laws of the <b>State of Indiana</b>. Any dispute
arising under this Agreement that cannot be resolved by the Members within 30 days
shall be submitted to binding arbitration in St. Joseph County, Indiana, under Indiana
law.</p>
<!-- §18 -->
<h2>18. Exit Scenarios — Summary</h2>
<table>
<tr><th>Scenario</th><th>Outcome</th></tr>
<tr><td>Leaves before 10 trailers — <b>good standing + 90-day transition</b></td><td>Buyback at <b>100% of FMV</b>. Unvested forfeited.</td></tr>
<tr><td>Leaves before 10 trailers — <b>good standing, no transition</b></td><td>Buyback at <b>75% of FMV</b>. Unvested forfeited.</td></tr>
<tr><td>Leaves before 10 trailers — <b>abandonment</b></td><td>Buyback at <b>50% of FMV</b>. Unvested forfeited.</td></tr>
<tr><td><b>Forfeiture for Cause</b> (fraud/theft/intentional misconduct)</td><td>ALL equity forfeited. $0. Permanent removal.</td></tr>
<tr><td>Stays through 10 trailers, <b>keeps working</b></td><td>Full equity, full distributions, full authority.</td></tr>
<tr><td>Stays through 10 trailers, <b>stops working</b></td><td>Keeps equity (passive), loses authority, accepts dilution.</td></tr>
<tr><td>Stays through 10 trailers, <b>wants to sell (all ventures excelling)</b></td><td>Holdings buys at <b>100% FMV</b>. Must approve any third-party buyer.</td></tr>
<tr><td>Stays through 10 trailers, <b>wants to sell (any venture declining)</b></td><td>Holdings buys at <b>85% FMV</b>. Must approve any third-party buyer.</td></tr>
</table>
<!-- §19 -->
<h2>19. Definitions</h2>
<table> <table>
<tr><th>Term</th><th>Meaning</th></tr> <tr><th>Term</th><th>Meaning</th></tr>
<tr><td>"Holdings"</td><td>SnS Network Solutions Holdings LLC</td></tr> <tr><td>"Company"</td><td>SnS Hospitality Group LLC</td></tr>
<tr><td>"Sam"</td><td>Samuel S. James, authorized representative of Holdings</td></tr> <tr><td>"Holdings"</td><td>SnS Network Solutions Holdings LLC (sole member represented by Samuel S. James)</td></tr>
<tr><td>"Kiowa"</td><td>Kiowa Scott</td></tr> <tr><td>"Kiowa"</td><td>Kiowa Scott</td></tr>
<tr><td>"Formation Date"</td><td>Date Articles of Organization filed with IN Secretary of State</td></tr> <tr><td>"Formation Date"</td><td>Date Articles of Organization filed with Indiana Secretary of State</td></tr>
<tr><td>"Opening Date"</td><td>Date the venture begins revenue-generating operations</td></tr> <tr><td>"Opening Date"</td><td>Date the venture begins revenue-generating operations</td></tr>
<tr><td>"Sam's invested capital"</td><td>Cumulative cash Holdings contributes to that subsidiary</td></tr> <tr><td>"FMV" (Fair Market Value)</td><td>Net asset value (total assets − total liabilities) × Member's ownership percentage</td></tr>
<tr><td>"Cumulative net profit"</td><td>Venture's net profit from Opening Date forward</td></tr> <tr><td>"Grant"</td><td>Non-repayable funding (government, foundation, or private grant). Loans and investor capital do not qualify.</td></tr>
<tr><td>"Actively performing"</td><td>Meeting the duties defined in §4.1</td></tr> <tr><td>"For Cause"</td><td>Any triggering violation listed in §8.1</td></tr>
</table> </table>
<!-- ═══════════════════════════════════════════════ --> <!-- EXECUTION -->
<h2>9. Worked Examples</h2>
<div class="example-box">
<h3>Example A — Year 1: 2 Coffee Trailers (Slightly Above Average)</h3>
<p><b>Setup:</b> Sam invests $50K for Trailer #1 (Month 1), then $35K for Trailer #2
(Month 4, funded from Trailer #1 profits). Both doing 120 customers/day at $8 avg.</p>
<table>
<tr><th>Metric</th><th>Trailer #1 (12 months)</th><th>Trailer #2 (9 months)</th><th>Combined</th></tr>
<tr><td>Revenue</td><td>$299,520</td><td>$224,640</td><td>$524,160</td></tr>
<tr><td>Costs (supply + fixed)</td><td>-$116,496</td><td>-$87,372</td><td>-$203,868</td></tr>
<tr><td><b>Net profit</b></td><td><b>$183,024</b></td><td><b>$137,268</b></td><td><b>$320,292</b></td></tr>
</table>
<p><b>Kiowa's Year 1:</b></p>
<ul>
<li>Months 1-3: earning on 5% (formation) → ~$4,000</li>
<li>Months 4-6: earning on 7.5-10% (tranches vesting) → ~$8,000</li>
<li>Months 7-12: earning on 12.5-15% → ~$28,000</li>
<li><b>Total Year 1 pre-tax: ~$40,000</b></li>
<li><b>After tax (~35%): ~$26,000</b></li>
</ul>
<p><b>Sam's Year 1 after tax: ~$180,000</b></p>
</div>
<div class="example-box">
<h3>Example B — Year 2: Scale to 10 Trailers</h3>
<p><b>Setup:</b> 10 trailers running by month 20, all at average (100 customers/day, $8).
Year 2 full-year profit with all 10 running:</p>
<table>
<tr><th>Metric</th><th>Per Trailer</th><th>10 Trailers</th></tr>
<tr><td>Annual revenue</td><td>$249,600</td><td>$2,496,000</td></tr>
<tr><td>Annual costs</td><td>-$109,008</td><td>-$1,090,080</td></tr>
<tr><td><b>Net profit</b></td><td><b>$140,592</b></td><td><b>$1,405,920</b></td></tr>
</table>
<p><b>Distributions (full year, all 10 running):</b></p>
<table>
<tr><th>Member</th><th>Share</th><th>Pre-tax</th><th>After tax</th><th>Monthly</th></tr>
<tr><td>Holdings (Sam) — 85%</td><td>$1,195,032</td><td>$776,771</td><td>$64,731/mo</td></tr>
<tr><td>Kiowa — 15%</td><td>$210,888</td><td><b>$137,077</b></td><td><b>$11,423/mo</b></td></tr>
</table>
<p>Kiowa clears <b>$137K after tax</b> with 10 trailers at average performance. Goal met.</p>
</div>
<div class="example-box">
<h3>Example C — Kiowa Stops Working (Year 3+, Fully Vested)</h3>
<p><b>Scenario:</b> At month 14 (fully vested since month 12), Kiowa decides to step back.
10 trailers running, $1.4M annual profit.</p>
<ul>
<li>Kiowa <b>loses</b>: management authority, signing power, hiring/firing, lease negotiations</li>
<li>Kiowa <b>keeps</b>: 15% of distributions permanently = $137K+/yr after tax (passive)</li>
<li>Holdings hires a replacement operations manager (salaried — comes out of expenses before profit)</li>
<li>Net profit drops slightly (manager salary), but Kiowa still gets 15% of whatever remains</li>
</ul>
<p><b>Key:</b> Kiowa has every incentive to stay — if she leaves, whoever replaces her may
not manage as well, profits could drop, and her passive 15% shrinks. But she can never
be forced to work, and she can never lose the equity.</p>
</div>
<!-- ═══════════════════════════════════════════════ -->
<h2>12. Amendments</h2>
<p>This framework may be amended only by written agreement signed by both Sam and Kiowa.
Each subsidiary's operating agreement incorporates this framework's terms for that
specific venture — amendments to this framework do not retroactively change terms already
locked into a signed subsidiary operating agreement.</p>
<!-- ═══════════════════════════════════════════════ -->
<h2>13. Governing Law</h2>
<p>This Agreement is governed by the laws of the <b>State of Indiana</b>. Each subsidiary
operating agreement is also governed by Indiana law unless otherwise specified therein.</p>
<!-- ═══════════════════════════════════════════════ -->
<div class="sig-block"> <div class="sig-block">
<h2 style="margin-top:0">Execution</h2> <h2 style="margin-top:0">Execution</h2>
<p>The undersigned acknowledge and agree to this Partnership & Equity Framework as of <p>The undersigned, being all of the Members of SnS Hospitality Group LLC, adopt and
the Effective Date first written above.</p> agree to this Operating Agreement as of the Effective Date first written above.</p>
<p style="margin-top:28px;font-weight:700;color:var(--navy)">HOLDINGS — Samuel S. James</p> <p style="margin-top:28px;font-weight:700;color:var(--navy)">MEMBER — SnS Network Solutions Holdings LLC (75%+)</p>
<div class="sig-line"></div> <div class="sig-line"></div>
<div class="sig-label">Signature</div> <div class="sig-label">Signature</div>
<p><b>Printed name:</b> Samuel S. James</p> <p><b>Printed name:</b> Samuel S. James</p>
<p><b>Title:</b> Managing Member, SnS Network Solutions Holdings LLC</p> <p><b>Title:</b> Sole Member, SnS Network Solutions Holdings LLC</p>
<div class="sig-line" style="width:35%"></div> <div class="sig-line" style="width:35%"></div>
<div class="sig-label">Date</div> <div class="sig-label">Date</div>
<p style="margin-top:28px;font-weight:700;color:var(--navy)">PARTNER — Kiowa Scott</p> <p style="margin-top:28px;font-weight:700;color:var(--navy)">MEMBER — Kiowa Scott (up to 25%)</p>
<div class="sig-line"></div> <div class="sig-line"></div>
<div class="sig-label">Signature</div> <div class="sig-label">Signature</div>
<p><b>Printed name:</b> Kiowa Scott</p> <p><b>Printed name:</b> Kiowa Scott</p>
@ -445,7 +523,7 @@
</div> </div>
<footer> <footer>
Draft — Review with an Indiana-licensed attorney and CPA before signing.<br> Draft — Review with an Indiana-licensed attorney before signing.<br>
SnS Network Solutions Holdings LLC &bull; 759 Boxwood Drive, South Bend, IN 46641 SnS Network Solutions Holdings LLC &bull; 759 Boxwood Drive, South Bend, IN 46641
</footer> </footer>