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Or, at such other place as the Managers from time to time select. <br />1.7 THE MEMBERS. The name and place of residence of each member are contained in <br />Exhibit 1 attached to this Agreement. <br />1.8 ADMISSION OF ADDITIONAL MEMBER(S). Except as expressly provided in this <br />Agreement, no additional members may be admitted to the Company either through issuance by <br />the Company of a new, or additional, interest in the Company or a percentage change in one or <br />more of an individual Member's percentage interest in the Company without the prior <br />unanimous written consent of the Members. <br />ARTICLE 2 <br />CAPITAL CONTRIBUTIONS <br />2.1 INITIAL CONTRIBUTIONS. The Members initially have, or shall, contribute to the <br />Company capital, or valuable service, and receive their percentage of interest in the Company as <br />described in Exhibit 2 attached to this Agreement. <br />2.2 ADDITIONAL CONTRIBUTIONS. No Member shall be obligated to make any <br />additional contribution to the Company's capital, unless Members agree, by unanimous vote, to <br />require the payment of additional capital contributions by the Members. <br />ARTICLE 3 <br />Profits, Losses and Distributions <br />3.1 PROFITS/LOSSES. For financial accounting and tax purposes the Company's net profits or <br />net losses shall be determined on an annual basis and shall be allocated to the Members in <br />proportion to each Member's percentage of interest in the Company as set forth in Exhibit 2 as <br />amended from time to time in accordance with applicable Internal Revenue Code and <br />Regulations. <br />3.2 DISTRIBUTIONS. The Members shall, by majority vote in proportion to each Member's <br />percentage of interest in the Company, determine and distribute available funds as they see fit. <br />Distributions to members shall be in proportion to each Member's percentage of interest in the <br />Company. Available funds, as referred to herein, shall mean the net cash of the Company <br />available after appropriate provision for expenses and liabilities, as determined by the Managers. <br />ARTICLE 4 <br />Broken Arrow Investments, LLC <br />Operating Agreement <br />Page 2 of 8 <br />