Community Property State Investors Sample Clauses

Community Property State Investors. For any Subscriber that resides within a community property state, each undersigned spouse of a Profits Member, has read and hereby agrees to perform and be bound by the terms and conditions of the Series Agreement and this Agreement. In consideration of the Manager’s having granted Subscriber the right to acquire Profits Units in accordance with the Series Agreement, the undersigned and their spouse hereby agree to be irrevocably bound by all the terms of such Series Agreement. By signing below, each spouse hereby agrees that they and any interest, including any community property interest, that they may have in any Profits Units subject to the Series Agreement shall be irrevocably bound by the Series Agreement, including any restrictions on the transfer or other disposition of any Profits Units, valuation methods, or agreed values for the Profits Units or other obligations as set forth in the Series Agreement. The signing spouse is hereby irrevocably appointed as the attorney-in-fact with respect to the exercise of any rights and obligations under the Series Agreement or this Agreement.
Sample 1
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