Policy

TINCAN 

HYBRID FOUNDER-AUTHORITY LLC OPERATING AGREEMEN

OPERATING AGREEMENT OF TINCAN LLC

This Operating Agreement (“Agreement”) is entered into and made effective by the Founder/Manager and the Members of TinCan 

ARTICLE I — FORMATION

1.1 Forming

1.2 Name

The name of the Company is:

TinCan 

1.3 Principal Office

The Company’s principal office will be designated by the Founder/Manager.

1.4 Purpose

The purpose of TinCan  is to operate a financial club, investment education group, community network, or any lawful business activity chosen by the Founder/Manager.

ARTICLE II — MANAGEMENT

2.1 Founder as Permanent Manager

The Company shall be managed solely and exclusively by the Founder, who is the Permanent Manager.

The Founder shall remain Manager indefinitely, and cannot be removed by the Members under any circumstances.

2.2 Final Authority

The Founder shall have absolute and final decision-making authority over all matters, including but not limited to:

Spending and treasury decisions

Investments

Strategy and direction

Rules and policy creation

Membership approvals or removals

Officer/committee appointments

Contracts, obligations, and binding actions

Disputes and disciplinary matters

Amendments to this Agreement

Dissolution or restructuring

2.3 Member Participation

Members may vote, propose ideas, and participate in committees, but all Member decisions are subject to Founder approval.

2.4 Founder Veto Power

> The Founder holds unrestricted veto authority over any Member vote, decision, policy, or action.

A Member vote cannot override the Founder at any time.

ARTICLE III — MEMBERSHIP

3.1 Unlimited Open Membership

The Company permits an unlimited number of Members, subject to final approval by the Founder.

3.2 Admission of Members

A person becomes a Member only when:

1. The Founder approves their membership

2. The Member signs a Membership Agreement

3. The Member pays their monthly $300 contribution

3.3 Removal of Members

The Founder may remove any Member at any time, with or without cause, including but not limited to:

Non-payment

Misconduct

Harassment

Violating rules

Disrupting operations

Threatening Founder authority

Toxic behavior

Removal is final.

3.4 Resignation of Members

Members may resign at any time.

Upon resignation:

They lose all voting and participation rights

They are not entitled to refunds

They forfeit any future distributions

They retain no claim over Company assets

ARTICLE IV — CONTRIBUTIONS & FINANCIALS

4.1 Monthly Contributions

Each Member must pay $300 per month.

Failure to pay may result in removal.

4.2 Treasury Control

The treasury and all Company assets are controlled exclusively by the Founder.

Members have no independent authority to:

Spend Company funds

Direct investments

Bind the Company

Access bank accounts

4.3 Spending Rules

All spending—regardless of amount—requires Founder approval.

The Founder may optionally appoint a Treasurer, who:

Can propose transactions

Cannot execute transactions alone

Must operate under Founder oversight

4.4 Distributions

Distributions (if any) are:

At the sole discretion of the Founder

Not guaranteed

May be reinvested into the Company

Not required to be equal

Members have no automatic right to profits.

ARTICLE V — MEMBER VOTING

5.1 Voting Rights

Members may vote on:

Community decisions

Activities

Small internal matters

Advisory proposals

Social events

5.2 Binding or Advisory

Member votes are advisory only unless the Founder declares otherwise.

5.3 Founder Override

The Founder may override, cancel, deny, or modify any Member vote or decision.

5.4 No Collective Authority

Members cannot:

Call binding votes

Pass motions

Amend this Agreement

Gain control of the treasury

Remove or limit the Founder

Change Member contribution amounts

ARTICLE VI — LIABILITY & PROTECTION

6.1 Limited Liability

The Founder and Members are protected by the LLC structure from personal liability for Company debts.

6.2 No Derivative Actions

Members waive the right to pursue:

Derivative suits

Actions against the Founder

Claims over business strategy

Challenges to treasury decisions

ARTICLE VII — OFFICERS & COMMITTEES

7.1 Officers

The Founder may appoint officers such as:

Treasurer

Secretary

Compliance Officer

Community Manager

Officers serve at the Founder’s pleasure.

7.2 Committees

Members may form committees, but all committee actions require Founder approval.

The Founder may dissolve any committee at any time.

ARTICLE VIII — AMENDMENTS

8.1 Amendment Authority

Only the Founder may amend, modify, update, or rewrite this Agreement.

Member votes cannot amend this Agreement.

ARTICLE IX — DISSOLUTION

9.1 Founder Authority

Only the Founder may dissolve or wind up the Company.

9.2 Distribution of Assets

Upon dissolution, the Founder decides:

How assets are liquidated

Who receives distributions

How obligations are handled

Members do not have automatic rights upon dissolution.

ARTICLE X — MISCELLANEOUS

10.2 Severability

If any clause is invalid, the rest remains in effect.

10.3 Entire Agreement

This Agreement supersedes all prior verbal or written agreement