Capital Contributions; Units. (a) The Capital Contributions of each Member shall be represented by membership units or fractions thereof ("Units," and each, a "Unit"). At the initial date of this Agreement, the number of Units and the corresponding Capital Contribution (which shall, in the case of Meckxxx xxx his Affiliates, be equal to the amount paid by Meckxxx xxx his Affiliates to Internet World for their respective interests in the Company) and Ownership Percentage for each Member shall be as set forth on Exhibit A attached hereto. Exhibit A shall be amended from time to time in accordance with the terms hereof to reflect (i) the admission of new Members and (ii) appropriate adjustments to such Ownership Percentages and Capital Contributions.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Penton Media Inc), Agreement and Plan of Merger (Penton Media Inc), Agreement and Plan of Merger (Mecklermedia Corp)
Capital Contributions; Units. (a) The Capital Contributions of each Member shall be represented by membership units or fractions thereof ("Units," and each, a "Unit"). At the initial date of this Agreement, the number of Units and the corresponding Capital Contribution (which shall, in the case of Meckxxx xxx Xxxxxxx and his Affiliates, be equal to the amount paid by Meckxxx xxx Xxxxxxx and his Affiliates to Internet World for their respective interests in the Company) and Ownership Percentage for each Member shall be as set forth on Exhibit A attached hereto. Exhibit A shall be amended from time to time in accordance with the terms hereof to reflect (i) the admission of new Members and (ii) appropriate adjustments to such Ownership Percentages and Capital Contributions.
Appears in 1 contract
Samples: Internet Com Corp
