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Charles N Wyble 2025-03-04 14:17:58 -06:00
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@ -1816,38 +1816,51 @@ Known Element Enterprises (series) LLC and The Campus Trading Company (series) L
d. Appropriate approvals as required by this Agreement and the applicable series operating agreement; and
e. Electronic certificates issued immediately upon completion of the issuance.
## ARTICLE 6 - COMPANY RESTRICTIONS
### Section 6.1 - Company Membership and Prohibited Activities
1. Company Membership:
1. **Company Membership**:
- Wyble Family Office LLC shall be the sole member of the Company
- The sole member cannot be removed
- No additional members may be added
- This membership provision cannot be amended or modified
a. Wyble Family Office LLC shall be the sole member of the Company;
b. The sole member cannot be removed;
c. No additional members may be added; and
d. This membership provision cannot be amended or modified.
2. Prohibited Activities:
2. **Prohibited Activities**: The Company shall not:
- Conduct any business operations unrelated to series administration
- Own any assets other than those necessary for administrative functions
- Make any distributions
- Allocate any profits or losses
- Merge with any other entity
- Dissolve or terminate its existence
a. Conduct any business operations unrelated to series administration;
b. Own any assets other than those necessary for administrative functions;
c. Make any distributions;
d. Allocate any profits or losses;
e. Merge with any other entity; or
f. Dissolve or terminate its existence.
### Section 6.2 - Administrative Assets
The Company may maintain only those assets necessary for series administration, including:
- Bank accounts solely for administrative expenses
- Records and filing systems
- Administrative support systems
a. Bank accounts solely for administrative expenses;
b. Records and filing systems;
c. Administrative support systems;
d. Software, licenses, and technological tools required for administration;
e. Office equipment required for administrative functions;
f. Contractual rights necessary for series administration; and
g. Intellectual property related to Company identity and administration.
## ARTICLE 7 - GOVERNANCE STRUCTURE