Invest in Alto
Summary
Each Subscriber hereby irrevocably appoints the Chief Executive Officer of the Company (the CEO), or his or her successor, as the Subscribers 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 (including any shares of Common Stock issuable upon the conversion of such 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. 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. Current and former Alto drivers at this level will be invited to an annual owners meeting with the executive team.Tier 3 Perk Invest $5,000+ and receive $500 credit ( 6 month expiration after close) + Alto Membership for 1 year.Tier 4 Perk Invest $10,000+ and receive 5% bonus shares + an Alto Family Membership for 1 year (up to 5 people) + $1000 in ride credits (6 month expiration) + Invitation to a 30 minute-long virtual Q&A session with the foundersTier 5 Perk Invest $25,000+ and receive 10% bonus shares + $2,500 in ride credits (1 year expiration)+ an Alto Family Membership for 1 year (up to 5 people) + Invitation to a 30 minute-long virtual Q&A session with the foundersTier 6 Perk Invest $50,000+ and receive 15% bonus shares + $5,000 in ride credits (1 year expiration) + an Alto Membership for life + an invitation to a 30 minute-long virtual Q&A session with the founders + invitation to an investor-only party in Dallas (travel & lodging not included) + Alto swag bag.Tier 7 Perk Invest $100,000+ and receive 20% bonus shares + $10,000 in ride credits (2 year expiration) + an Alto Family Membership for life (up to 5 people) + invitation to an investor-only party in Dallas (travel & lodging not included) + annual Alto hoodie. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. 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.