Issuance of Additional Membership Shares. The Company may issue additional Membership Shares to a Person upon (i) the making of a Capital Contribution by such Person, (ii) the approval of the Board of Managers, (iii) the approval of the Majority Interest and (iv) if the assignee is not already a Member, the execution by such Person of this Agreement.
Appears in 21 contracts
Samples: Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC), Limited Liability Company Agreement (Lind-Waldock Securities, LLC)