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2025-03-04 12:59:35 -06:00
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@@ -8,9 +8,7 @@ This Agreement supersedes and replaces in its entirety that certain Operating Ag
Upon execution by the Company through its authorized representative(s) 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. Upon execution by the Company through its authorized representative(s) 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.
Any rights accrued or obligations incurred under the Prior Agreement prior to the Effective Date shall be governed by the terms of this Agreement from the Effective Date forward. For clarity, while all rights, obligations, and relationships arising under the Prior Agreement are terminated as legal constructs created by that agreement, the business relationships, series, and membership status previously established shall continue without interruption, but shall hereafter be governed exclusively by the terms of this Agreement, subject to the specific transitional provisions set forth in Section 1.4. This continuity of business operations does not constitute a continuation of the Prior Agreement itself, which is terminated in its entirety as set forth herein and in Section 1.4.
For clarity, this means that all existing relationships, obligations, and benefits established under the Prior Agreement will continue under the terms set forth in this Agreement rather than terminating upon the Effective Date.
## Section 1.2 - Company Mission and Purpose ## Section 1.2 - Company Mission and Purpose