Class M Units Sample Clauses

Class M Units. Class M Units are reserved for the Manager, its Affiliates, business partners, services providers, and other Persons in the sole discretion of the Manager. The Company shall be authorized to issue 100 Class M Units. Members holding Class M Units shall have the rights and responsibilities as outlined in this Agreement. The Manager may amend this Agreement at any time to provide for the issuance and creation of additional classes of Units without the vote or consent of the Members. Issued Units shall be set forth in book form and maintained either by the Manager or a transfer agent appointed by the Manager as it determines appropriate in its sole discretion.

Class M Units