Future-Proofing ThriveAlumni Governance with CHLOM Tokens & Convertible Shares

1. Purpose

To establish a scalable and decentralized model for ThriveAlumni governance by integrating CHLOM™ Tokens and Convertible Class C Shares. This ensures transparent, on-chain engagement and equity alignment between member service, platform growth, and strategic voting rights.

2. Scope

Applies to: All ThriveAlumni governance roles (elected, appointed, or assigned) CHLOM Token recipients Convertible share recipients (current and future) CrownThrive ecosystem participants engaging in governance via digital licenses, tokens, or equity representations

3. CHLOM Token Governance Integration

3.1 Token Utility CHLOM Tokens are used to: Validate governance participation Activate or extend digital licenses for seats Enable DAO-style proposal creation or voting Represent fractional voting weight in platform updates 3.2 Voting Thresholds & Limits Token holders may vote on: Committee expansions Budget allocations Policy reforms DAO proposals (via CHLOM Portal) Voting caps apply to prevent consolidation: no more than 5% governance weight may be held by any single token holder.

4. Convertible Shares for Governance Contributors

4.1 Eligibility ThriveAlumni members are eligible to earn Convertible Class C Shares based on: Verified service in a governance role (12+ months) Demonstrated contributions to ecosystem growth or strategic leadership Completion of CHLOM compliance credentialing 4.2 Conversion Events Convertible Shares are activated during the transition to CrownThrive’s C Corporation status or at equity payout events approved by the Board. 4.3 Rights & Limitations Convertible shares provide: Profit-sharing potential Limited influence in C Corp governance No immediate cash value until triggered conversion or liquidity event

5. DAO Participation Rights

Governance contributors holding CHLOM Tokens or Convertible Shares can: Propose governance amendments Join DAO advisory panels Gain early access to token airdrops or licensing bids Participate in CHLOM Protocol beta testing groups

6. Vesting & Lock Periods

Convertible Shares: 12-month minimum vesting CHLOM Tokens: Governance voting power is based on continuous holding, with a 3-month lockout from delegation upon initial receipt Transfers require internal approval or whitelist verification to maintain community integrity

7. Revocation & Reassignment

Convertible Shares or CHLOM Tokens may be revoked under: Governance misconduct or expulsion Breach of ethics, NDA, or founder trust Non-participation over 12 months (for governance-based tokens) Fraud, collusion, or manipulation of DAO mechanisms

8. Future Updates & Synchronization

This policy is subject to update: Upon changes to CHLOM tokenomics Following SEC or corporate compliance advisories When new governance roles are minted via the CHLOM blockchain All changes must be announced with a 14-day review window, DAO proposal open period, and CHLOM Portal notification. 📌 Document Version: v1.0 📅 Effective Date: July 30, 2025 📁 Maintained by: CrownThrive Strategy Office · CHLOM Governance Taskforce · ThriveAlumni Token Integrity Unit

Was this article helpful?

CrownThrive C-Corporation Transition & Share Class Governance Policy
CHLOM™ Integration & Governance Ledger Policy