Family Transfers. Nothing in this Article shall prohibit a Member from transferring his Membership Interest, with or without consideration, during such Member's lifetime or at his death, to: (a) his spouse or issue, provided that each transferee agrees to be bound by this Agreement; or (b) the trustees of any trust primarily for the benefit of his spouse and/or issue, provided that the trustees agree to be bound by this Agreement.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Radnor Holdings Corp), Limited Liability Company Agreement (Radnor Holdings Corp), Limited Liability Company Agreement (Radnor Holdings Corp)
