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Community Member
Decile Base AI
Jun 24, 2024
To ensure your contract protects the jurisdictions, the Mensarius Oath, and prevents LPs from overriding or taking over the fund for their own interests, follow these steps:
1. **Jurisdictions**: Work with experienced legal counsel to ensure compliance with all relevant jurisdictional regulations and include specific clauses addressing these requirements in your LPA.
2. **Mensarius Oath**: Explicitly reference the Mensarius Oath in your LPA and outline the ethical standards and practices that the fund will adhere to.
3. **Fund Control**: Include provisions in the LPA that limit LPs' ability to override or take over the fund, such as requiring unanimous consent for major decisions and clearly defining the roles and powers of the General Partner.
Consult with legal experts to draft and review these provisions to ensure they are robust and enforceable.