Century West Multifamily

Kermani is identified as a Significant Employee; loss of his services would materially adversely affect the Company. The Company does not have Key Man Insurance on any Board Member, Director, Manager, or Officer.

“Mr. Jamshid Kermani is considered a "Significant Employee" of the Company and is an Officer of the Company. The Company would be materially adversely affected if it were to lose the services of Mr. Jamshid Kermani as he has provided significant leadership and direction to the Company.”

The Company has entered into non-dilution agreements with Managing Member Kermani and Board member Syndicate Legal & Financial, LLC, guaranteeing their pro-rata ownership will not be diluted. Any new share issuances require issuing them additional free-trading shares to maintain their percentage, which creates a structural benefit for insiders at the expense of new investors.

“The Company has entered into a non-dilution agreement (hereinafter referred to as the "Non-Dilution Agreement") whereas the Company has agreed that Mr. Jamshid Kermani and Syndicate Legal & Financial, LLC's Common Shares, shall not be subject to dilution in any manner without the express written consent of Mr. Jamshid Kermani and Syndicate Legal & Financial, LLC.”