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It describes the company’s purpose to participate in Pennsylvania’s Opportunity Scholarship Tax Credit (OSTC) and/or Educational Improvement Tax Credit (EITC) programs, earning tax credits through charitable scholarship donations. The joinder outlines required initial and second capital contributions, a two-year scholarship commitment at the 90% tax credit level, the contribution mechanism through the Central Pennsylvania Scholarship Fund, and eligibility and representation provisions.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/the-common-place-scholarship-1-llc-joinder-to-limited-liability-company-operating-agreement/282066/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/the-common-place-scholarship-1-llc-joinder-to-limited-liability-company-operating-agreement/282066.png","ImageObject",442,249,{"name":88,"@type":89},"Connor ","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-22","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":15},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the purpose of The Common Place Scholarship #1 LLC under this joinder?","Question",{"text":108,"@type":109},"The company is formed to participate in Pennsylvania’s OSTC and/or EITC programs, earn tax credits from the Commonwealth, and distribute those credits to Members based on charitable scholarship donations to eligible charities.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What capital contributions does a Member need to make?",{"text":113,"@type":109},"The Member makes an initial capital contribution upon executing the joinder and is obligated to make a second capital contribution equal to the initial amount when requested by the Manager.",{"name":115,"@type":106,"acceptedAnswer":116},"How does the joinder address the two-year commitment at the 90% tax credit level?",{"text":117,"@type":109},"Participation at the 90% level requires a two-year scholarship commitment, and the company’s fulfillment depends on receiving both the initial and second capital contributions. Failure to make the second contribution may lead to loss of tax credits and other adverse consequences.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},282066,1791151779,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":15,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":79,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":73,"preview_page_count":4},687207022233,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","EXHIBIT A  \nJOINDER TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF THE COMMON PLACE SCHOLARSHIP \\#1 LLC  \nThe undersigned hereby agrees to join and become a party, as a \"Member,\" to the Limited Liability Company Operating Agreement (the \"Agreement\") of The Common Place Scholarship \\#1 LLC, a Pennsylvania limited liability company (the \"Company\") .  \nThe undersigned will be admitted as a Member of the Company once the undersigned has executed and delivered this Joinder to the Manager of the Company, the undersigned has tendered its initial Capital Contribution to the Company, and the Manager of the Company has accepted the undersigned's admission to the Company by countersigning this Joinder.  \nACKNOWLEDGEMENTS, REPRESENTATIONS AND WARRANTIES OF THE UNDERSIGNED.  \nThe undersigned, by executing and delivering this Joinder, hereby acknowledges, represents and warrants to the Company, to the Manager and to all of the other Members of the Company as follows:  \n1) Acknowledgement of the Purpose of the Company. The undersigned acknowledges that the Company is being formed to participate in the Opportunity Scholarship Tax Credit (OSTC) and/or the Educational Improvement Tax Credit (EITC) programs of the Commonwealth of Pennsylvania and earn tax credits from the Commonwealth of Pennsylvania to be distributed to its Members by the Company that result from the Company making charitable scholarship donations to an eligible charity (the\"Contributions\"), and to distribute those tax credits to the Company's Members. The Company is not being formed for the purpose of engaging in business activities, and one hundred percent (100%) of the proceeds from the sale of Membership Interests shall be used as a donation to an educational institution that is registered and qualifies as a charity under Section 501(c)(3) of the Internal Revenue Code and is included on the Pennsylvania Department of Community and Economic Development approved organizations list for EITC and/or OSTC. The only benefit the Members of the Company will receive in return for their investment is an opportunity to apply for and receive distributions of EITC and/or OSTC that can be used on the Members’ personal income tax returns.  \n2) Initial Capital Contribution; Commitment to Make Second Capital Contribution. The undersigned acknowledges that it is tendering its initial Capital Contribution to the Company concurrently with the execution and delivery of this Joinder in the amount set forth on the signature page to this Joinder. The undersigned understands that by joining the Agreement as a Member, the Member is obligated to make its second Capital Contribution to the Company in an amount equal to the undersigned's initial Capital Contribution when requested by the Manager.  \n3) Commitment to Cause the Company to Participate in the Opportunity Scholarship Tax Credit (OSTC) and/or the Educational Improvement Tax Credit (EITC) Programs of the Commonwealth of Pennsylvania at the 90% Level. The undersigned acknowledges that the participating in the OSTC and/or the EITC Programs of the Commonwealth of Pennsylvania at the 90% tax credit level requires a two-year scholarship commitment, and that the Company's fulfillment of this commitment will depend upon the Company receiving both the initial Capital Contributions of the Members and their second Capital Contributions. The undersigned acknowledges that a Member's failure to make its second Capital Contributions is likely to result in the loss of tax credits and other adverse consequences to the Company and its Members. The failure of the undersigned to make its second Capital Contribution when due, or to cause it to be made, will result in the consequences set forth in Section 3.1.3 of the Agreement.  \n4) Mechanism for Making Contribution. The undersigned acknowledges that the Company will make contributions to the Central Pennsylvania Scholarship Fund for all other designated and undesignated funds so long as the entity remains de","cbCaiff1j0AnVddv","https://ap.wps.com/l/cbCaiff1j0AnVddv","pdf",122166,"English","# Acknowledgements, Representations and Warranties of the Undersigned\n## Acknowledgement of the Purpose of the Company\n## Initial Capital Contribution; Commitment to Make Second Capital Contribution\n## Commitment to Participate at the 90% Level\n## Mechanism for Making Contribution\n## EITC/OSTC Eligibility\n## Independent Advice\n## Provision of Information to Member and Member's Advisors","[{\"question\":\"What is the purpose of The Common Place Scholarship #1 LLC under this joinder?\",\"answer\":\"The company is formed to participate in Pennsylvania’s OSTC and/or EITC programs, earn tax credits from the Commonwealth, and distribute those credits to Members based on charitable scholarship donations to eligible charities.\"},{\"question\":\"What capital contributions does a Member need to make?\",\"answer\":\"The Member makes an initial capital contribution upon executing the joinder and is obligated to make a second capital contribution equal to the initial amount when requested by the Manager.\"},{\"question\":\"How does the joinder address the two-year commitment at the 90% tax credit level?\",\"answer\":\"Participation at the 90% level requires a two-year scholarship commitment, and the company’s fulfillment depends on receiving both the initial and second capital contributions. Failure to make the second contribution may lead to loss of tax credits and other adverse consequences.\"}]","The Common Place Scholarship #1 LLC - Joinder to Limited Liability Company Operating Agreement | PDF",1789570001]