Additional Classes of Membership Interests. Membership Interests of the Company of a different class or series than the existing Membership Interests may only be issued by the Board.
Appears in 3 contracts
Samples: Member Control Agreement, Member Control Agreement (Red Trail Energy, LLC), Member Control Agreement
Additional Classes of Membership Interests. Membership Interests of the Company of a different class or series than the existing Membership Interests may only be issued by the BoardBoard if the Member authorizes such different class or series of Membership Interests pursuant to an amendment to this Agreement giving such authority to the Board and amending the other terms of this Agreement to reflect the Governance Rights and Financial Rights associated with such different class or series of Membership Interests.
Appears in 1 contract
Samples: Member Control Agreement
