From dcaf0828279749ac787d604d829e37bfd9424d0e Mon Sep 17 00:00:00 2001 From: Charles N Wyble Date: Tue, 4 Mar 2025 14:17:58 -0600 Subject: [PATCH] . --- ...keyNetworkSystemsLLC-OperatingAgreement.md | 53 ++++++++++++------- 1 file changed, 33 insertions(+), 20 deletions(-) diff --git a/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md b/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md index d8c5b14..1a4bb45 100644 --- a/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md +++ b/src/TXSOS-Registered-ForProfit/TurnkeyNetworkSystemsLLC/TurnkeyNetworkSystemsLLC-OperatingAgreement.md @@ -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