20 lines
873 B
Markdown
20 lines
873 B
Markdown
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# Creation of Additional Membership Interests
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Additional Membership Interests may be created and issued to existing or new
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Members or Persons, and such other Persons may be admitted to
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the Company as Members in one or more classes, with the unanimous written
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conset of the Board Of Directors, and all Company Members on such terms and
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conditions as the Board Of Directors and Company Members may approve at
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the time of admission.
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The creation of new Membership Interests, the
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admission of any new Members, or the creation of any new class or group
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of Members in accordance with this Agreement may
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* (i) result in the dilution of the Sharing Ratios of existing Members
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* (ii) be reflected as an amendment to this Agreement or a Supplement which shall
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be valid if executed by the entirety of the Board Of Directors, all existing
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Company Members and the new Member.
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