.

src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md

@@ -1992,29 +1992,47 @@ g. Intellectual property related to Company identity and administration.
 
 ### Section 7.3 - Company Committee
 
-1. Composition:
-   - The Company Committee shall consist of no fewer than three (3) and no more than seven (7) independent directors
-   - All Company Committee members must meet the Independent Director criteria defined in Article 2
-   - Members shall be elected by a majority vote of all series members
+1. **Composition**:
 
-2. Powers and Duties:
-   - Direct oversight of the Company and its series
-   - Approval of new series establishment
-   - Enforcement of service provider requirements
-   - Monitoring compliance with this Agreement
-   - Regular reporting to the TSYS Group Board
-   - Coordinate with other Board committees regarding:
-     - Audit and financial matters
-     - Risk management
-     - Compliance and ethics
-     - Technology oversight
-     - Operational matters
-     - Other areas as defined in committee charters
+   a. The Company Committee shall consist of no fewer than three (3) and no more than seven (7) independent directors;
+   
+   b. All Company Committee members must meet the Independent Director criteria defined in Article 2; and
+   
+   c. Members shall be elected by a majority vote of all series members.
 
-3. Term and Election:
-   - Directors shall serve two-year staggered terms
-   - Elections shall be held annually for expiring positions
-   - No director may serve more than three consecutive terms
+2. **Powers and Duties**:
+
+   a. Direct oversight of the Company and its series;
+   
+   b. Approval of new series establishment;
+   
+   c. Enforcement of service provider requirements;
+   
+   d. Monitoring compliance with this Agreement;
+   
+   e. Regular reporting to the TSYS Group Board; and
+   
+   f. Coordinate with other Board committees regarding:
+   
+      i. Audit and financial matters;
+      
+      ii. Risk management;
+      
+      iii. Compliance and ethics;
+      
+      iv. Technology oversight;
+      
+      v. Operational matters; and
+      
+      vi. Other areas as defined in committee charters.
+
+3. **Term and Election**:
+
+   a. Directors shall serve two-year staggered terms;
+   
+   b. Elections shall be held annually for expiring positions; and
+   
+   c. No director may serve more than three consecutive terms.
 
 ### Section 7.4 - Director Independence
 
@@ -2102,13 +2120,22 @@ b. Directors shall:
 * Provide requested documentation
 * Maintain accurate records of all relationships
 
-### Section 7.5- Independence Violations
+### Section 7.5 - Independence Violations
 
 1. Any violation of independence requirements results in immediate removal from the Company Committee.
 
-2. Series members may challenge a director's independence through written notice to the TSYS Group Board.
+2. Series members may challenge a director’s independence through written notice to the TSYS Group Board.
+
+3. The TSYS Group Board, through its Compliance Committee, shall:
+
+   a. Investigate independence challenges within five (5) business days of receipt;
+   
+   b. Issue written findings within 30 days;
+   
+   c. Maintain all investigation materials in the electronic records system; and
+   
+   d. Implement any required remedial actions within 15 days of findings.
 
-3. The TSYS Group Board, through its Compliance Committee, shall investigate independence challenges and issue written findings within 30 days.
 
 ### Section 7.6 - Committee Meetings