Common use of Initial Members Clause in Contracts

Initial Members. In connection with the formation of the Company, the Persons executing this Agreement as initial Members are admitted to the Company as Members effective as of the date of formation of the Company. The Percentage held by each of the Members is set forth next to such Member’s name on Exhibit “A”.

Appears in 2 contracts

Samples: Texas Limited Liability Company, Texas Limited Liability Company

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Initial Members. In connection with the formation of the Company, the Persons executing this Agreement as initial Members are admitted to the Company as Members effective as of the date of formation of the Company’s formation. The Percentage held by each of the Members is set forth next to such Member’s name on Exhibit “A”.

Appears in 2 contracts

Samples: Texas Limited Liability Company, Texas Limited Liability Company

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Initial Members. In connection with the formation of the Company, the Persons executing this Agreement as initial Members are admitted to the Company as Members effective as of the date of formation of the Company’s formation. The Percentage held by each of the Members is set forth next to such Member’s name on Exhibit “A”.A.

Appears in 1 contract

Samples: Company Agreement

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