EX1U-6 MAT CTRCT 2 f1u072321ex6x11x2_collection.htm FIRST AMENDMENT TO ASSET MANAGEMENT AGREEMENT, DATED JULY 23, 2021, BETWEEN SERI
Exhibit 6.11.2
 
FIRST AMENDMENT TO ASSET MANAGEMENT AGREEMENT
SERIES COLLECTION DROP 004
 
This FIRST AMENDMENT TO ASSET MANAGEMENT AGREEMENT (this “Amendment”), dated as of July 23, 2021, is entered into between Otis Wealth, Inc., a corporation organized under the laws of the State of Delaware (the “Asset Manager”), and Series Collection Drop 004, a Series of Otis Collection LLC (the “Series”).
 
WHEREAS, the Asset Manager and the Series are party to that certain Asset Management Agreement, dated March 29, 2021 (the “Agreement”); and
 
WHEREAS, the parties desire to modify and amend the Agreement, as set forth in this Amendment.
 
NOW THEREFORE, in consideration of the mutual agreements herein contained, the parties hereby covenant and agree as follows:
 
1. Amendment. Exhibit A to the Agreement is hereby deleted in its entirety and replaced with the following:
 
“THE SERIES COLLECTION DROP 004 ASSET
 
Specifications
 
Artist
Grimes x Mac
Collection
WarNymph Collection Vol. 1
Editions
Newborn 1
Newborn 3
Numbers
#38/100
#50/100
#90/100
#52/100
#10/100
#92/100
Release Year
2021
Purchased From
Nifty Gateway
Purchased For
$3,838
$769
$999
$2,250
$750
$999
Year Purchased
2021”
 
 2. Miscellaneous.
 
(a) The parties hereby ratify and affirm each of the terms and provisions of the Agreement, as amended by this Amendment, which shall remain in full force and effect.
 
(b) This Amendment constitutes the entire amendment to the Agreement and shall not constitute a modification, acceptance and/or waiver of any other provision of the Agreement and/or any rights or claims thereunder.
 
(c) In the event of a conflict between any provisions of the Agreement and any provisions of this Amendment, such provision of this Amendment shall control.
 
(d) The Agreement, as amended by this Amendment, comprises the full and complete agreement of the parties with respect to the transactions contemplated by the Agreement and supersedes and cancels all prior communications, understandings and agreements between the parties, whether written or oral, expressed or implied.
 
1
(e) This Amendment shall be governed by and construed and interpreted in accordance with the substantive laws of the State of New York, without regard to conflict of laws principles and shall supersede any previous agreements, written and/or oral, expressed or implied, between the parties relating to the subject matter hereof.
 
(f) This Amendment may be executed in multiple counterparts, each of which will be deemed an original, and all of which will constitute the same document.
 
[Signature page follows]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly appointed agents so as to be effective on the day, month and year first above written.
   
     
Otis Wealth, Inc.
 
 
 
By:
/s/ Keith Marshall
 
Name:
Keith Marshall
 
Title:
General Counsel
 
 
 
Series Collection Drop 004, a Series of Otis Collection LLC
 
By: Otis Wealth, Inc., as managing member
 
 
 
By:
/s/ Keith Marshall
 
Name:
Keith Marshall
 
Title:
General Counsel