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DocuSign Envelope ID:CCABACD4-6EDA-474F-A230-6C6849B95834 <br /> of one or more of Company's Net Profits, Net Losses, and distributions of Company's assets <br /> pursuant to this Agreement and the Act, but shall not include any other rights of a Member, <br /> including, without limitation, the right to vote or participate in the management, or except as <br /> provided in the Act, any right to information concerning the business and affairs of Company. <br /> 1.14 "Economic Interest Owner" shall mean the owner of an Economic Interest who is <br /> not a Member. <br /> 1.15 "Joinder Agreement" means the joinder agreement in form and substance attached <br /> hereto as Exhibit B. <br /> 1.16 "Fiscal Year"shall mean Company's fiscal year, which shall be the calendar year. <br /> 1.17 "Majority Interest"shall mean one or more Percentage Interests of Members which <br /> taken together exceed 50% of the aggregate of all Percentage Interests. <br /> 1.18 "Manag_er" shall mean one or more Manager. As of the date hereof, the sole <br /> Manager of Company shall be Thorin Resources, LLC. <br /> 1.19 "Members" shall rnean each Person who (a) is an initial signatory to this <br /> Agreement, has been admitted to Company as a Member in accordance with the Articles or this <br /> Agreement or is an assignee who has become a Member in accordance with Article VII, and (b) <br /> has not resigned, withdrawn, been expelled or, if other than an individual, dissolved. <br /> 1.20 "Member Nonrecourse Debt" shall have the meaning ascribed to the term "Partner <br /> Nonrecourse Debt" in Regulations Section 1.704-2(b)(4). <br /> 1.21 "Member Nonrecourse Deductions" shall mean items of Company loss, deduction, <br /> or Code Section 705(a)(2)(B) expenditures which are attributable to Member Nonrecourse Debt. <br /> 1.22 "Membership Interest" shall mean a Member's entire interest in Company <br /> including the Member's Economic Interest, the right to vote on or participate in the management, <br /> and the right to receive information concerning the business and affairs of Company. <br /> 1.23 "Net Profits" and "Net Losses" shall mean the income, gain, loss, deductions, and <br /> credits of Company in the aggregate or separately stated, as appropriate, determined in accordance <br /> with generally accepted accounting principles employed under the method of accounting at the <br /> close of each fiscal year on Company's information tax return filed for federal income tax <br /> purposes. <br /> 4 <br />