Common use of Classification of Membership Interests Clause in Contracts

Classification of Membership Interests. The Company shall issue Class A Voting Capital (“Voting Capital”), to the Voting Members (the “Voting Members”). The Voting Members shall have the right to vote upon all matters upon which Members have the right to vote under the Act or under this Agreement, in proportion to their respective Percentage Voting Interest ("Percentage Voting Interest") in the Company. The Percentage Voting Interest of a Voting Member shall be the percentage that is derived when the Member’s Voting Capital account is divided by the total of all of the Voting Capital accounts.

Classification of Membership Interests. The Company shall issue Class A Voting Capital (“Voting Capital”), ) to the Voting voting Members (“the “Voting Members”’). The Voting Members shall have the right to vote upon all matters upon which Members have the right to vote under the Act or under this Agreement, in proportion to their respective Percentage Voting Interest ("Percentage Voting Interest") in the Company“PVI”). The Percentage Voting Interest of a Voting Member PVI shall be calculated by dividing the percentage that is derived when the individual Member’s Voting Capital account is divided by the total of all of Voting Capital. The Company may issue Class B, Nonvoting Capital (“Nonvoting Capital”) to the Voting Capital accountsMembers who have no right to vote on any matters. The membership interests and class are included in Exhibit 1.

Classification of Membership Interests. The Company shall issue Class A Voting Capital Interests (“Voting Capital”), ) to the Voting Members (the “Voting Members”). The Voting Members shall have the right to vote upon all matters upon which Members have the right to vote under the Act or under this Agreement, in proportion to their respective Percentage Voting Interest ("Percentage Voting Interest") in the Company. The Percentage Voting Interest of a Voting Member shall be the percentage that is derived when the Member’s Voting Capital account is Interests are divided by the total of all of the Voting Capital accountsInterests.