Existing Member Owner - Prime Turbo Team Upgrade

EXHIBIT A Limited Member Agreement Form




    This Agreement of Prime Turbo Team LLC, is between the undersigned candidate member and is made effective as of 06/07/2023.

    In consideration of the mutual agreements contained in this Agreement and other good and valuable consideration, the Limited Member agrees as follows:

    Basic Agreement: This individual limited membership agreement follows the formation and filing of the Company Agreement of Prime Turbo Team LLC. with the Secretary of State of Texas, of which copy of said “Company Agreement” accompanies this individual membership agreement once fully executed.

    Terms of individual limited membership to Prime Turbo Team LLC.

    1. Individual limited member is required to pay an annual membership fee to Prime Turbo Team LLC, in exchange for limited membership. That fee for 2022 is $800.00. This investment is charged as a $200 upfront investment and a $600 credit upon closing of your first deal within your franchise.
    2. Individual limited members are not required to make any additional annual or
      monthly contributions to the Franchise.
    3. Individual limited members are required to conduct specific marketing tasks in
      exchange for limited membership. see Exhibit B, “Marketing Support Systems” to this agreement
    4. Individual limited membership means those members who have restricted rights of participation as set out in Article 6 of the Company Agreement.
    5. Individual limited members shall have the right to voluntarily withdraw at any time from the company. Upon withdrawal, the limited membership interest in the arrears will be forfeited to the Franchise and member will not be entitled to revenue share up to the date of the with draw.
    6. Individual limited members can be terminated by the franchise for non-compliance of participation in the Marketing Support Services Agreement, Exhibit B.
    7. Exhibit B (1) Limited Member Obligations and Responsibilities, or for other reasons as specified in the Company Agreement. The Franchisee has established reasonable marketing services for successful participation with each limited member and those expectations will be in written format and furnished to each limited member. Upon termination of any limited member by the Franchisee, that limited membership interest will be forfeited to the Franchise and there will be refund of annual fee. Any outstanding revenue share will be forfeited.
    8. Individual limited members participation fees to the company is set at $800.00 annually after the first year of ownership. This fee allows limited members access to the Systems provided by the company, which are described as Franchise Down Line Tracking Systems. Each limited member will execute the Franchise Portal User Agreement. Access to this service is included in membership.
    9. Individual limited members are entitled to participate in the revenue share model according to the company agreement Exhibit F (Allocations for Limited Members)
  • *Required
  • New Candidate Member REC/License# *Required
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  • General Manager Signature
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    Welcome to Prime Turbo Team. This is a great opportunity for Real Estate Professional's to increase their income by participating in our franchise which offers marketing and support services.

    Currently the annual investment cost is $800.00 per year, split between a $200 investment upon completion of this form, and a $600 credit when you close your first deal within your new franchise.

    This cost is subject to adjustments in the coming years, depending on any unforeseen circumstances.

    This investment cost will qualify you as a limited member to receive revenue share from the franchise, and pay for the tracking software that each limited owner will be provided to follow their success and the success of other team members.

    Investments will be collected at sign up and continue for 12 full months from date of membership.
    Each owner will automatically renew each year upon anniversary date, unless the Franchise is given a 60 day notice by the franchisee.


    Each franchisee agrees to complete Premier Turbo Team ON BOARDING PROGRAM. franchisee agrees to these terms and condtions.

    ln order to prepareneach franchisee for success, Premier Turbo Team, requires Premier Turbo Team ON BOARDING PROGAM:

    Each franchisee will complete all ON BOARDING requirements per following schedule.

    1. Upon investment: Complete Quick Start Webinar: invited by email from Prime Turbo Team.
    2. Within first 7 days: the franchisee completes the Preferred Lender, On Boarding Program.
    3. Within 1O days: the member owner schedules Success Business Plan with Founder and President of Company
    4. Within 21 days review "back office" Turbo Tools software system
    5. Submit first referral to Prime Turbo Team Franchise using Turbo Tools application link located in your Turbo Tools

    By signing below the limited member owner agrees to allow management to use this payment method on their renewal of the following year.

    I authorize the investment cost applied to this information below.

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