Steel Returns Oregon LP Subscription Agreement 2024-2025
Subscriber Name(s) "Partner_FullName"
Account Number "Partner_Account" Contribution Amount "UDFP_Contribution_Amount"
STEEL RETURNS OREGON LP
SUBSCRIPTION AGREEMENT
Kevin Simrin
Steel Lending Group LLC General Partner of
Steel Returns Oregon LP
4710 Village Plaza Loop, Suite 210
Eugene, Oregon 97401 Dear Mr. Simrin:
You have provided me with certain information regarding Steel Returns Oregon LP, a Delaware limited partnership (the "Fund") of which Steel Lending Group LLC is the general partner (the "General Partner"), including an offering circular dated May 28, 2024 (the "Offering Circular") regarding an investment of $100,000,000 in units of limited partnership interest, which is governed by the terms of the Limited Partnership Agreement of Steel Returns Oregon LP, attached as Exhibit A to the Offering Circular (the "Limited Partnership Agreement"). You have also provided me with the opportunity to ask questions and to request information regarding the Fund.
Considering that information, I agree with the General Partner as follows:
- Purchase: Subject to the terms and conditions of this Subscription Agreement and the Limited Partnership Agreement, and for valuable consideration, I irrevocably tender this Subscription Agreement for purchase of "UDFP_Units" units of limited partnership interests in the amount of "UDFP_Contribution_Amount" (the "Securities").
- Representations by Subscriber: (Please separately initial each of the representations below, if applicable. Except for fiduciary accounts, you may not grant any person a power of attorney to make such representations on your behalf.)
In order to induce the Fund to accept this subscription, I hereby represent and warrant as follows:
a. I have received the Offering Circular and Limited Partnership Agreement, which was prepared and provided to me by the General Partner (together with the amendments and supplements thereto, if any).
Owner initials Joint Owner initials
b. I acknowledge that this is a long-term investment and there is no public market for the Securities. Thus, my investment in the Securities is not liquid.
Owner initials Joint Owner initials
c. I am purchasing the Securities for my own account.
Owner initials Joint Owner initials
d. I understand that the Securities have not been registered under the Securities Act of 1933, as amended, and are not expected to be registered.
Owner initials Joint Owner initials
e. Set forth below is my true and correct residence or principal place of business, and I have no present intention of becoming a resident of, or moving its principal place of business to, any other state or jurisdiction prior to my purchase of the Securities. (Principal place of business shall be deemed to be the state in which the officers, partners or managers of the subscriber primarily directs, controls and coordinate the activities of subscriber.)
Owner initials Joint Owner initials
f. My income for 2023 is no less than $50,000 (either alone or with joint owner) or my net worth is no less than $70,000 (either alone or with joint owner).
Owner initials Joint Owner initials
g. The amount of my purchase of the Securities does not exceed 20% of my net worth.
Owner initials Joint Owner initials
h. I have the power, capacity and authority to purchase the Securities.
Owner initials Joint Owner initials
Subscriber(s) address(es). Those persons or entities that will own the investment. Physical Address (if different than Mailing Address:
"UDFP_Physical_Street_Address_If_Differen"
"UDFP_Physical_City_State_Zip_if_Differen"
Mailing Address
"Partner_Street"
"Partner_City", "Partner_State" "Partner_Zip_Code"
Title to this investment shall be held as follows: "UDFP_Ownership_Type"
IN WITNESS WHEREOF, I have executed this Subscription Agreement as of the dates below.
GENERAL PARTNER
INVESTOR
"Partner_First_Name" "Partner_Last_Name"
Steel Returns Oregon LP
By: Steel Lending Group LLC
(signature)
Pam Hoepfl, Director of Capital
"UDFP_Primary_Account_Holder_Title"
Title
Date
or
CO-INVESTOR:
D'arcy Martin, Investor Concierge
"UDFP_Joint_Owner_Full_Name"
Date
(signature)
"UDFP_Joint_Owner_Title"
Title
Date
Subscription funds may be accepted and executed in increments
- * * *
DO NOT WRITE BELOW THIS POINT
Subscriber Name(s) "Partner_FullName"
Account Number: "Partner_Account"
Contribution Amount: "UDFP_Contribution_Amount"
Acceptance and Execution by the Fund:
Amount Accepted: Remaining Balance:
Date Accepted (if other than the date below):
The above subscription is hereby accepted as of the date set forth below, subject to its terms and conditions.
STEEL RETURNS OREGON LP STEEL LENDING GROUP LP
BY:
Authorized Signer
DATE:
Wire/ACH Instructions For
Steel Returns Oregon LP 4710 Village Plaza Loop, Suite 100
Eugene, OR 97401
Oregon Pacific Bank 59 E 11th Ave Eugene, OR 97401
800-997-7121
ABA Routing No: 123206338 Acct No.: 2211289