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• Loan Activity Dependent on Member Origination 10 <br /> Organizational Stricture 11 <br /> Incorporation as a Nonprofit Corporation 11 <br /> Tax Exempt Status under the Internal Revenue Code 11 <br /> Director Managed 11 <br /> Management 11 <br /> Initial Board of Directors 11 <br /> Biographical Information—Directors 11 <br /> Officers 12 <br /> Biographical Information-Officers 12 <br /> Employees,Equipment,and Office Space 13 <br /> Summary of Management Agreement 13 <br /> Summary of Participation Agreement 14 <br /> Participation Agreement 14 <br /> Membership 14 <br /> Refund of Contribution 14 <br /> Origination of Loans 14 <br /> Loan Purchaser Agreements 14 <br /> Loan Fund Escrow Agreement Summary 15 <br /> Conflicts of Interest 16 <br /> Indemnification 16 <br /> Limitation of Director Liability and Indemnification 16 <br /> How to Participate • 16 <br /> Additional Information 16 <br /> Exhibits <br /> • Projections and Assumptions Exhibit A <br /> Articles of Incorporation of Minnesota Community Capital Fund Exhibit B <br /> Bylaws of Minnesota Community Capital Fund Exhibit C <br /> Loan Fund Escrow Agreement Exhibit D <br /> Participation Agreement Exhibit E <br /> Loan Criteria Exhibit F <br /> S <br /> ii <br />