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Charles N Wyble
2024-12-27 08:37:43 -05:00
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src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/2.0/TurnkeyNetworkSystemsLLC-v2.0DesignDocument.mf
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@@ -19,6 +19,8 @@ Operating Agreement Language requirements:
- granting of profit interests instead of capital interests - granting of profit interests instead of capital interests
- Utilize the fairshares model
- Incorporate all the recommendations from LoneStarLandLaw book
- specifying oversight is via multiple Board committees instead of the entire Board - specifying oversight is via multiple Board committees instead of the entire Board
- allowing for cells or super series - allowing for cells or super series
- allowing all series broad latitude setting their operating terms and agrrement - allowing all series broad latitude setting their operating terms and agrrement