Positions
Only 100 Original Founding Positions exist globally, numbered MF-001 through MF-100. Positions per property are capped by configuration.
Legal
The operating rules of the Founding 100 programme.
Template for counsel review. This document is a content placeholder and must be reviewed and finalised by qualified Philippine legal counsel before publication or reliance.
Only 100 Original Founding Positions exist globally, numbered MF-001 through MF-100. Positions per property are capped by configuration.
The target annual distribution equals the Founder's original participation amount multiplied by the applicable target annual rate (10% for Maharlika Founding Member; 12% for Maharlika Founding Legacy). Amounts may be accrued monthly for accounting and display purposes (approximately US$208.33 and US$300.00 respectively) and every distribution is capped at remaining capacity, which is the maximum cumulative distribution cap less cumulative distributions to date.
Cumulative distributions may never exceed the maximum cumulative distribution cap of 200% of the original participation. When capacity reaches zero, financial participation status becomes Founding Participation Cap Completed. Financial Participation Status and Founding Legacy Status are tracked separately, and completing the financial cap does not necessarily terminate lifestyle or Legacy privileges where the definitive agreement provides otherwise.
On approved transfer to an eligible immediate family member, the existing cumulative distribution amount follows the position and does not restart.
Monthly periods are closed, reviewed and approved before any allocation is created. Approved periods are locked; corrections are made by adjustment entry and logged.
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