Company	:	Trella Technologies LLC
Corporate Address	:	173 Clay Pond Rd., Bourne, MA 02532
Offering Minimum	:	$10,000.00
Offering Maximum	:	$107,000.00
Minimum Investment Amount (per investor)	:	$200.00

Terms

Offering Type	:	Convertible Promissory Notes
Type of Equity Converted Into	:	Class B Units
Conversion Trigger	:	$4,070,000.00
Maturity Date	:	March 01, 2021
Valuation Cap	:	$30,000,000.00
Discount Rate	:	20.0%
Annual Interest Rate	:	10.0%

What is a Convertible Note?

A convertible note offers you the right to receive Class B Units in Trella Technologies LLC. The amount of Class B Units you will receive in the future will be determined at the next equity round in which the Company raises at least $4,070,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $30,000,000.00 Valuation Cap or if less, then you will receive a 20.0% discount on the price the new investors are paying. You also receive 10.0% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive Class B Units equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).

*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below

We are seeking to raise a minimum of $10,000 (initial target amount) for fundraising marketing to continue the raise to $107,000. If we reach our offering maximum, we are contemplating increasing the offering maximum to $1,070,000 through Regulation Crowdfunding.

PERKS*

$1,000+ Investment

Receive a Trella Technologies sweatshirt or vest, your pick!

PERKS (IF WE RAISE OVER $250,000)*

$5,000+ Investment

You will be invited to visit our research lab in Massachusetts and to meet Team Trella.

(Transportation and accommodation not included).

$25,000+ Investment

You will receive a personal invite to a dinner with the founders of Trella Technologies as well as a tour of the research lab in Massachusetts.

Location and time need to be mutually agreed on (Transportation and accommodation not included).

*All perks occur after the offering is completed.

StartEngine shareholders bonus

Trella Technologies LLC will offer 10% additional bonus interest for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 in the StartEngine Reg A offering which closed earlier this year.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering if they invest within a 24-hour window of their campaign launch date. For example, if invest in the first 24 hours, your annual interest rate will be 11% instead of 10%.

This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.