Phoenix Rate

Phoenix, which should be understood as a brand providing a variety of services for Nu, shall be paid 180 US-NBT per hour for work invoiced to the Manager of Liquidity Operations, effective as soon as this motion passes. The type of work invoiced for is at the discretion of Phoenix. The limitation is work must be calculated for the benefit of NuShare holders. It will include Phoenix’s duties as Chief of Liquidity Operations. The nature of Phoenix’s role at Nu is to facilitate work as needed in other areas of endeavor, including, but not limited to, development or marketing.