Disassociation Pursuant to Section 10. 1(vi). In the event of a Disassociation of a Member pursuant to Section 10.1(vi), that Member’s Units shall pass to the Member’s estate and to his/her heirs, all of which shall be treated as an unadmitted Assignee, and the optional buy out rights set forth in Section 10.3 shall not apply.
Appears in 5 contracts
Samples: Operating Agreement (John D. Oil & Gas Co), Operating Agreement (John D. Oil & Gas Co), Operating Agreement (Energy West Inc)