*Maximum Number of Units Offered subject to adjustment for bonus units. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives and Bonuses*
Investor Perks*
First 20 Investors at $2,500 Invested
Custom Obvious Wine Bottle with Personalized Label
Early Bird
First 7 Days - Friends and Family | 20% bonus shares
Next 7 Days - Super Early Bird | 15% bonus shares
Next 7 Days - Early Bird | 10% bonus
Next 7 Days - Early Adopters | 5% bonus shares
Early Bird
Tier 1 perk
$1,000+ --3 Bottles Gift Card
Tier 2 perk
$2,500 + -- 4 Bottles Gift Card + OW Racerback Tank or T-Shirt + (Limited to First 20): Custom Obvious Wine Bottle with Personalized Label
Tier 3 perk
$5,000+ --- 8 Bottles Gift Card + OW Crewneck Sweatshirt
Tier 4 perk
$10,000+ --- 12 Bottles Gift Card + OW Backpack + Virtual Tasting With Brice and Winemakers
Tier 5 perk
$25,000 + ---1 year membership of The Obvious Wine Club Your Choice of Wines, 6 Bottles delivered every 3 months for a year! + Hosted Private Dinner with Brice and OW Crew at (restaurant partner in LA). Limited to 2 people.
Tier 6 perk
$50,000 + ---Private Tour of Broken Earth Winery
Tier 7 perk
$100,000 + ---Private Tour of Domaine de la Sangliere
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Obvious Wines LLC will offer 10% additional bonus units for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any units they purchase in this offering. For example, if you buy 100 membership units at $1.81 / unit, you will receive 110 units, meaning you'll own 110 units for $181. Fractional units will not be distributed and units bonuses will be determined by rounding down to the nearest whole unit.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
