Death of Member. In the event of and concurrently upon the death of a Member such Member’s Units shall be redeemed by the Company and in exchange the Company shall pay to the estate of the deceased Member a sum of money equal to the Buy-Out Price. The Buy-Out Price will be paid in accordance with the terms of Sections 4.07 and 4.08.
Appears in 4 contracts
Samples: Operating Agreement (River Medical Inc), Operating Agreement (River Medical Inc), Operating Agreement for Mission Care Services (River Medical Inc)
