TSYSGroupBOD/TSYSGroupCharters
2
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity

.

Browse Source
This commit is contained in:
Charles N Wyble
2025-03-04 11:17:21 -06:00
parent 32efc3d4bd
commit 2cfeec7cc3
1 changed files with 5 additions and 3 deletions
Download Patch File Download Diff File Expand all files Collapse all files

8
src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md
View File

@@ -2,9 +2,11 @@
## Section 1.1 - Effective Date and Prior Agreement
This Amended and Restated Operating Agreement (the “Agreement”) is made and entered into effective as of [EFFECTIVE DATE] (the “Effective Date”), by and among Turnkey Network Systems LLC, a Texas series limited liability company (the “Company”), and the members of the Company (collectively “Members” and individually a “Member”).
This Amended and Restated Operating Agreement (the “Agreement”) is made and entered into effective as of [EFFECTIVE DATE] (the “Effective Date”), by and among Turnkey Network Systems LLC, a Texas series limited liability company (the “Company”), and each person who is or who becomes a member of the Company or any of its series (collectively “Members” and individually a “Member”).
This Agreement supersedes and replaces in its entirety that certain Operating Agreement of Turnkey Network Systems LLC dated [ORIGINAL DATE] (the “Prior Agreement”) upon execution by the Company and approval by the Members as specified in the Prior Agreement.
This Agreement supersedes and replaces in its entirety that certain Operating Agreement of Turnkey Network Systems LLC dated [ORIGINAL DATE] (the “Prior Agreement”) and all amendments thereto.
Upon execution by the Company and approval by the Members as specified in the Prior Agreement, all provisions of the Prior Agreement shall be deemed null and void and of no further force and effect.
## Section 1.2 - Company Mission and Purpose
@@ -84,7 +86,7 @@ Upon execution of this Agreement:
7. **Binding Effect**: This Agreement shall be binding upon, and inure to the benefit of, all current and future series members, officers, directors, and representatives of the Company and its series.
8. **Integration Clause**: This Agreement constitutes the entire understanding among the parties concerning the subject matter hereof and supersedes all prior agreements, correspondence, memoranda, term sheets, and oral understandings relating to the Company and its governance. No representations, promises, or considerations have been made or relied upon by any party except those expressly set forth in this Agreement.
8. **Integration Clause**: This Agreement constitutes the entire understanding among the parties concerning the subject matter hereof and supersedes all prior agreements, correspondence, memoranda, term sheets, electronic communications (including emails, text messages, and other digital exchanges), verbal understandings, and oral representations relating to the Company and its governance. No representations, promises, understandings, or considerations have been made or relied upon by any party except those expressly set forth in this Agreement. The parties acknowledge that they may have received electronic documents, spreadsheets, presentations, or models relating to the Company or its series, and all such materials are superseded by this Agreement unless explicitly incorporated herein by reference and attached as a Schedule. This integration provision cannot be amended, modified, or waived except through a written amendment to this Agreement executed with the same formalities as this Agreement.
## Section 1.5 - Securities Law Notice