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”.

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”.

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.

Initial Members. In connection with the formation The initial Members of the Company, Company are the Persons executing this Agreement as initial Members are of the date hereof as Members, each of which is admitted to the Company as Members a Member effective as contemporaneously with the execution by such Person of this Agreement and shall initially hold the date of formation of Percentage Ownership Interest in the Company. The Percentage held by each of the Members is Company set forth next to such Member’s name opposite their respective names on Exhibit “A”.A. No new members can be admitted to the Company unless approved by a Majority and agree to sign a counterpart to this Agreement as described in Section 3.1