Founders’ Authority & Emergency Powers Policy

1. Purpose

This policy exists to clarify the scope, limits, and structure of authority retained by the Founders of CrownThrive, LLC. It ensures transparency and legal clarity in times of transition, crisis, or internal conflict.

2. Founders Defined

For legal and operational purposes, **Founders** refer to the original incorporators of CrownThrive, LLC listed on the operating agreement and designated in CHLOM governance. They serve as permanent members of the Board They may also serve in dual roles across Executive, Advisory, or Committee levels

3. Permanent Authorities

The Founders retain the following irrevocable powers unless CrownThrive transitions to a new governance structure with 100% Founder approval: Final authority over platform mergers, acquisitions, or major asset sales Approval of new platform launches within the CrownThrive ecosystem Removal of Board, Committee, or Advisor positions with 2/3 Founder vote Control of CHLOM seed governance rights and IP protections Governance override on matters threatening platform alignment or mission

4. Emergency Powers

In the event of: Hostile takeover attempts Internal sabotage or administrative breakdown Platform breach, fraud, or legal threats Public relations crises or security incidents Founders may: Freeze committee elections or restructure entire slates Appoint interim Chairs or Directors without prior vote Suspend member or platform access pending investigation Trigger red pill or poison pill clauses from Anti-Takeover Policy Override standard CHLOM procedures in favor of rapid containment These actions must be logged in the Legal Depot within 48 hours with supporting evidence.

5. Veto Rights

The Founders hold a Supermajority Veto over the following matters: CHLOM-based vote weighting changes Changes to ThriveFund capital deployment Governance structure redesigns Conversion of CrownThrive into any DAO, C Corp, or public structure Bylaw amendments affecting equity or digital ownership A Founder veto must be declared publicly, with reasons logged in the Governance Archive.

6. Founder Removal or Succession

Founders cannot be removed by internal vote unless: They voluntarily step down in writing A legal conviction occurs related to fraud, violence, or breach of fiduciary duty All other Founders unanimously vote for removal with independent legal review In such cases, CHLOM Judicial Scribes must update the Governance Ledger and initiate succession protocol.

7. Succession Protocol

In the event of death, incapacitation, or exit, a Founder may: Pass their role to a pre-designated successor (approved in their operating agreement) Transfer Class A voting rights to the designated successor in CHLOM Retain honorific title or emeritus advisory rights if retired No more than one new Founder may be appointed every 3 years unless otherwise agreed.

8. Amendment & Oversight

This policy may only be amended with unanimous Founder consent and approval from the Governance Chair and Executive Director. 📌 Document Version: v1.0 📅 Effective Date: July 30, 2025 📁 Maintained by: Governance Chair · Legal Depot Registrar · Executive Committee