Ownership and / or Membership in Pehta LP

Pehta is an Indigenous Community owned and led software platform that enables First Nations to view, verify, and benefit from the economic impacts that industry claims to generate for their communities. Any First Nation may join Pehta at one of three membership levels, depending on their desired degree of participation and governance involvement.

1. General Member

Purpose: Visibility into the economic activity impacting your nation through Pehta Integrity.

Benefits:

  • Access to Pehta Integrity – My Nation: no-cost access to impact data claimed by industry for employment, procurement, and community contributions.

  • Community Reporting: Real-time dashboards of employment, procurement, and community contributions.

  • Engagement in Pehta Foundation: Nomination a representative to the Pehta Framework Community Acceptance Board.

  • No financial requirement or liability.

Requirements: Band Council Resolution (BCR) authorizing participation as a general member. No financial contribution or additional legal agreements are required. May upgrade to LP level or LP/GP level at any time.

2. LP Member (Limited Partner)

Purpose: For Nations ready to share in Pehta’s financial success and participate in impact reporting at a deeper level.

Benefits:

  • General Member benefits plus:

  • Profit Participation: 100 Units in Pehta LP, with equitable share of Distributable Cash.

  • Priority Distributions: 100% of on-reserve net income, 60% of traditional territory projects.

  • Formal Ownership Recognition: Certificate for 100 units in Pehta LP.

  • Quarterly financial reports and expanded analytics.

  • Limited liability.

Requirements: BCR, executed Limited Partnership Agreement, $100 contribution for 100 units, required use of Pehta Integrity for all Nation project-based reporting, and adhere to OCAP/confidentiality provisions.


3. LP/GP Member (Limited Partner + General Partner Shareholder)


Purpose: For Nations wishing to hold both ownership and governance influence.

Benefits:

  • General Member and LP Member benefits plus:

  • Governance Authority: Voice in the governance of Pehta (GP) Inc., which manages Pehta LP.

  • Voting Rights: 100 Common Shares in Pehta (GP) Inc., participation in shareholder meetings and director elections.

  • Strategic Influence: Vote on corporate policies, leadership, and governance amendments.

  • Enhanced Profit Linkage: Ownership across both entities aligns technology growth with LP distributions.

  • Recognition as a Founding Governance Nation demonstrating leadership in Indigenous data governance and OCAP principles.

  • Nominal liability is limited to GP corporate scope.

Requirements: Must meet LP Member requirements, execute GP Unanimous Shareholder Agreement,
and contribute $100 for 100 shares.