Adherence to Partnership. 2.1 The Further Member covenants with the Members for the time being and the Partnership to observe, perform, remain subject to and provide all consents under the terms and conditions of the Partnership Deed with effect from 31 December 2012 (the “Date of Admission”) and shall from such date, subject at all times to the Board’s absolute discretion, be designated as an Individual Member. The Further Member confirms that he has read and fully understood the terms and conditions of the Partnership Deed and how they apply to him as an Individual Member. 2.2 The Further Member shall contribute £5000 to the Partnership upon the execution of this Deed pursuant to clause 7 of the Partnership Deed. 2.3 The Further Member shall be entitled to the following number of votes at any Members’ meeting:- subject always to the provisions of the Partnership Deed. 2.4 From and after the Date of Admission the provisions of Schedule 1 to this Deed of Adherence set out the Individual Member’s entitlement to profits under clause 8 of the Partnership Deed and the individual terms and conditions which apply to the Individual Member’s membership of the Partnership. Schedule 1 may be amended from time to time by the agreement of both the Partnership (acting through the Board) and the Individual Member in accordance with this Deed and in his capacity as an Individual Member the Partnership Deed in each case subject also to the approval of the BGC Partners, Inc. Compensation Committee. 2.5 This Deed shall be supplemental to and read together with the Partnership Deed. In the case of a conflict between any of the provisions of this Deed of Adherence and the Partnership Deed, this Deed of Adherence shall take precedence as between the Partnership and the Individual Member.
Appears in 1 contract
Adherence to Partnership. 2.1 The Further Member covenants with the Members for the time being and the Partnership to observe, perform, remain subject to and provide all consents under the terms and conditions of the Partnership Deed with effect from 31 December 2012 (the “Date of Admission”) and shall from such date, subject at all times to the Board’s absolute discretion, be designated as an Individual Member. The Further Member confirms that he has read and fully understood the terms and conditions of the Partnership Deed and how they apply to him as an Individual Member.
2.2 The Further Member shall contribute £5000 to the Partnership upon the execution of this Deed pursuant to clause 7 of the Partnership Deed.
2.3 The Further Member shall be entitled to the following number of votes at any Members’ meeting:- subject always to the provisions of the Partnership Deed.
2.4 From and after the Date of Admission the provisions of Schedule 1 to this Deed of Adherence set out the Individual Member’s entitlement to profits under clause 8 of the Partnership Deed and the individual terms and conditions which apply to the Individual Member’s membership of the PartnershipPartnership in his capacity as an Individual Member. Schedule 1 may be amended from time to time by the agreement of both the Partnership (acting through the Board) and the Individual Member in accordance with this Deed and in his capacity as an Individual Member the Partnership Deed in each case subject also to the approval of the BGC Partners, Inc. Compensation CommitteeDeed.
2.5 This Deed shall be supplemental to and read together with the Partnership Deed. In the case of a conflict between any of the provisions of this Deed of Adherence and the Partnership Deed, this Deed of Adherence shall take precedence as between the Partnership and the Individual Member.
Appears in 1 contract
Samples: Limited Liability Partnership Deed (BGC Partners, Inc.)
Adherence to Partnership. 2.1 The Further Member covenants with the Members for the time being and the Partnership to observe, perform, remain subject to and provide all consents under the terms and conditions of the Partnership Deed with effect from 31 December 2012 (4 April 2016 or such earlier date as agreed upon by the “Date of Admission”) Further Member and the Partnership and shall from such date, subject at all times to the Board’s absolute discretion, be designated as an Individual Member. The Further Member confirms that he has read and fully understood the terms and conditions of the Partnership Deed and how they apply to him as an Individual Member.
2.2 The Further Member shall contribute £5000 to the Partnership upon the execution of this Deed pursuant to clause 7 of the Partnership Deed.
2.3 The Further Member shall be entitled to the following number of votes at any Members’ meeting:- subject always to the provisions of the Partnership Deed.
2.4 From and after the Date of Admission the The provisions of Schedule 1 to this Deed of Adherence set out the Individual Member’s entitlement to profits under clause 8 of the Partnership Deed and the individual terms and conditions which apply to the Individual Member’s membership of the Partnership. Schedule 1 may be amended from time to time by the agreement of both the Partnership (acting through the Board) and the Individual Member in accordance with this Deed and in his capacity as the Partnership Deed.
2.5 It remains at all times a condition precedent of this Deed of Adherence, the terms and conditions of the Partnership Deed and the provisions of Schedule 1 to this Deed that the Further Member becomes an Individual Member of the Partnership Deed in each case subject also to the approval of the BGC Partners, Inc. Compensation Committeeon or around 4 April 2016.
2.5 2.6 This Deed shall be supplemental to and read together with the Partnership Deed. In the case of a conflict between any of the provisions of this Deed of Adherence and the Partnership Deed, this Deed of Adherence shall take precedence as between the Partnership and the Individual Member.
Appears in 1 contract
Samples: Limited Liability Partnership Deed (BGC Partners, Inc.)
Adherence to Partnership. 2.1 The Further Member covenants with the Members for the time being and the Partnership to observe, perform, remain subject to and provide all consents under the terms and conditions of the Partnership Deed with effect from 31 21 December 2012 (the “Date of Admission”) and shall from such date, subject at all times to the Board’s absolute discretion, be designated as an Individual Member. The Further Member confirms that he has read and fully understood the terms and conditions of the Partnership Deed and how they apply to him as an Individual Member.
2.2 The Further Member shall contribute £5000 to the Partnership upon the execution of this Deed pursuant to clause 7 of the Partnership Deed.
2.3 The Further Member shall be entitled to the following number of votes at any Members’ meeting:- subject always to the provisions of the Partnership Deed.
2.4 From and after the Date of Admission the The provisions of Schedule 1 to this Deed of Adherence set out the Individual Member’s entitlement to profits under clause 8 of the Partnership Deed and the individual terms and conditions which apply to the Individual Member’s membership of the Partnership. Schedule 1 may be amended from time to time by the agreement of both the Partnership (acting through the Board) and the Individual Member in accordance with this Deed and in his capacity as an Individual Member the Partnership Deed in each case subject also to the approval of the BGC Partners, Inc. Compensation CommitteeDeed.
2.5 This Deed shall be supplemental to and read together with the Partnership Deed. In the case of a conflict between any of the provisions of this Deed of Adherence and the Partnership Deed, this Deed of Adherence shall take precedence as between the Partnership and the Individual Member.
2.6 For the purposes of the Partnership Deed, the address of the Further Member shall be c/o BGC Services (Holdings) LLP, One Xxxxxxxxx Xxxxx Xxxxxx, X00 0XX, subject to notification of a change of address by the Further Member to the Partnership in accordance with that clause.
Appears in 1 contract
Samples: Limited Liability Partnership Deed (BGC Partners, Inc.)