Common Share Certificates; Admission of Additional Members. Upon the Company’s issuance of Common Shares to any Person, the Company shall issue one or more Common Share Certificates in the name of such Person evidencing the number of such Common Shares being so issued and representing the number of Common Shares held by such holder of record. Any Common Share Certificates of the Company to be issued shall be issued under the seal of the Company, or a facsimile thereof, and shall be numbered and shall be entered in the books of the Company as they are issued. If and when issued, each Common Share Certificate shall bear a serial number, shall exhibit the holder’s name and the number of Common Shares evidenced thereby and shall be signed by the Chief Executive Officer or the President. No Common Share Certificate representing Common Shares shall be valid for any purpose until it has been countersigned by the Transfer Agent; provided, however, that if the Board of Directors elects to issue Common Shares in global form, the Common Share Certificates representing Common Shares shall be valid upon receipt of a certificate from the Transfer Agent certifying that the Common Shares have been duly registered in accordance with the directions of the Company. Any or all of the signatures on the Common Share Certificates may be facsimiles. If any officer or Transfer Agent who has signed or whose facsimile signature has been placed upon a Common Share Certificate shall have ceased to be such officer or Transfer Agent before such Common Share Certificate is issued, the Common Share Certificate may be issued by the Company with the same effect as if such Person or entity were such officer or Transfer Agent at the date of issue.
