diff --git a/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md b/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md index ff14b61..d8c5b14 100644 --- a/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md +++ b/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md @@ -1737,28 +1737,30 @@ Known Element Enterprises (series) LLC and The Campus Trading Company (series) L #### 5.7.2 - Certificate Requirements -1. **Required Content**: Each membership interest certificate shall include: - a. Company name and series identification; - b. Class identification (Class A, B, or C); - c. Number of units or percentage interest represented; - d. Holder identification with legal name and address; - e. Issue date; - f. Certificate identification number; - g. Reference to governing agreements; - h. Required securities law legends; and - i. Class-specific limitation notices for Class B and Class C certificates. - -2. **Required Legends**: All certificates shall include: - a. Securities law legends as required by applicable federal and state securities laws; - b. The following transfer restriction legend: “THE TRANSFER OF THE MEMBERSHIP INTEREST EVIDENCED BY THIS CERTIFICATE IS RESTRICTED BY THE COMPANY’S OPERATING AGREEMENT AND APPLICABLE SERIES OPERATING AGREEMENT. NO TRANSFER MAY BE MADE WITHOUT COMPLIANCE WITH THOSE RESTRICTIONS.”; - c. Class-specific legends as specified in Section 5.7.3; and - d. Any additional legends required by the Board or Company Committee. - 3. **Electronic Authentication**: All certificates shall be: + a. Electronically signed by at least one authorized officer; + b. Cryptographically secured to prevent alteration; - c. Maintained with full version control and audit trail; and - d. Backed up according to the requirements of Section 3.2. + + c. Maintained with full version control and audit trail; + + d. Backed up according to the requirements of Section 3.2; + + e. Protected with advanced security features including: + + i. Unique digital watermarking; + + ii. Multi-factor authentication for access; + + iii. Blockchain-based verification system; + + iv. Tamper-evident technology that records any attempt to modify certificate data; + + v. Automatic notification to the member and Company Committee of any access or attempted modification; and + + f. Subject to quarterly security audits to verify integrity. + #### 5.7.3 - Class-Specific Certificate Requirements