4. The Project Management Company

Project Management Company

In this Rulebook, the term "Project Management Company" refers to the business operator who is contracted by PlanetDAO002 to perform the necessary operations to smoothly conduct this Project. PlanetDAO002 has selected Planet Labs Inc. as the Project Management Company.

Scope of Work of the Project Management Company

The responsibilities of the Project Management Company are as follows, provided they do not contravene any laws:

  1. Property-related:

    1. Selection of the PlanetDAO002 property

    2. Confirmation and arrangement of property rights with former owner

    3. Assistance with selection of the accommodation management company

    4. Assistance with placing orders with the accommodation management company

  2. DAO-related

    1. Management of the DAO

    2. Progressing and recording of meetings, and sharing these records

    3. Communication and sharing information with shareholders

  3. Legal Affairs

    1. Assistance with selection of attorneys

    2. Assistance with the Company's payment of corporate and property taxes

  4. Reporting Tasks

    1. Sending business performance reports

  5. Other Necessary Tasks

The Project Management Company is also authorized by PlanetDAO002 Inc. to use all media, including photos and videos, related to the property for project management purposes.

As subcontracting fees related to the above operations, PlanetDAO002 Inc. will pay the business operating company 15% of the funds raised from investors, in addition to paying 10% of the company's pre-tax net profit each year.

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