Neptune Units and New Members

Will Neptune units be transferrable?

With limited exception, as detailed in the operating agreement, Members cannot transfer their units in Neptune (or tokens, if created) unless otherwise agreed to by the Members, via a vote facilitated by the Dapp.

If a member "rage quits" and leaves Neptune can new Members join?

Members via a vote facilitated by the Dapp can accept new capital commitments from new joining members and admit them into Neptune. Any new member (or, if applicable, group of members) must provide the same initial contribution as an exiting Member, unless otherwise agreed to by the members.

Can a member be forced out of Neptune?

Members of Neptune may be required to leave if Members of Neptune vote to remove the respective Member. The service provider or facilitator cannot remove any Member unless otherwise authorized by a vote by a majority of the Members.