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(a) any additional capital contribution made by him/her; <br />(b) credit balances transferred from his distribution account to his capital account; <br />and decreased by: <br />(a) distributions to him/her in reduction of Company capital; <br />(b) the Member's share of Company losses if charged to his/her capital account. <br />6.3 REPORTS. The Manager(s) shall close the books of account after the close of each calendar <br />year and shall prepare and send to each member a statement of such Member's distributive share <br />of income and expense for income tax reporting purposes. <br />ARTICLE 7 <br />Transfers <br />7.1 ASSIGNMENT. Any Member shall be allowed to assign an economic interest in his or her <br />membership to another person without the approval of the other Members, however, such an <br />assignment shall not include a transfer of the member's voting or management rights in the <br />Company and the assignee shall not become a member of the LLC unless approved by a <br />unanimous vote of the Members. The purchaser or assignee shall only be entitled to receive <br />distribution to which that Member would otherwise be entitled. Said economic interest shall <br />become effective upon receipt of written notice by the LLC. <br />7.2 WITHDRAWAL of MEMBERS. A Member may withdraw from this LLC by giving written <br />notice to all other members at least 60 days before the date the withdrawal is to be effective. <br />Signed and Agreed this 17"' day of September, 2017. <br />Member: <br />Dust & Dirt Excavating, LLC <br />Robert A. Baker, Manager <br />Broken Arrow Investments, LLC <br />Operating Agreement <br />Page 5 of 8 <br />