INITIAL DATE, PARTIES, AUTHORIZATION Clause Samples

INITIAL DATE, PARTIES, AUTHORIZATION. AND PURPOSE OF THIS AGREEMENT 1.1 Initial Date; Initial Parties. This Agreement is first made on August 20, 2011 and is initially agreed to by all persons who on that date are, or who will become after formation is complete, members of Prairie Wood Development Association, LLC, ("the Company"), by all persons who on or before that date have signed Contribution Agreements with the Company and by the Company itself.