Membership Classes. There shall be multiple classes of membership (“Membership Classes”) as specified in the Bylaws and under Exhibit C, including Strategic Members, Contributing Members, Committer Members, and Associate Members.
Membership Classes. There shall be five (5) classes of membership (“Membership Classes”) in the Eclipse Foundation representing Members that publicly, but non- exclusively, support the Purposes of the Eclipse Foundation as specified in the Bylaws:
Membership Classes. The Association has classes of membership. The Association is open for participation by any natural person (or persons) representing a decentralized unincorporated entity in the Web3 industry, corporation, partnership, association, trust, public or private non-profit research institution, governmental body, or other legal entity that supports the purpose of the Association, has an interest in participating in the activities of the Association and meets the Membership Criteria defined in this Article V.. Admission to membership in the Association is subject to the conditions that an applicant executes the member agreement, accepts to be bound by the Articles and the Operational Documents, and pays the fees for the relevant membership class.
Membership Classes. The Company shall have two classes of Member Interests, Class A Interests and Class B Interests. The Class A Interests and Class B Interests shall each represent 50% of the common equity of the Company and shall each be entitled to 50% of the voting rights and 50% of any distributions, and otherwise have the rights as set forth in this Agreement.
Membership Classes. Subject to the articles, there shall be seven (7) classes of members in the Corporation, namely: Industrial Founder Members, Industrial Members, Ivado Lab Member, Founding University Members, Other University Members, Research Institution Members and Other Enabler Members. The members of the Corporation shall be those persons interested in furthering the purposes of the Corporation and who meet the conditions for membership as hereinafter set forth as may from time to time be admitted into membership in the Corporation by resolution of the board of directors. Members of the Corporation may also be admitted in such other manner as may be approved from time to time by the board of directors. The following conditions and rights of membership shall apply :
Membership Classes. For attaining its objectives apart from the governing body and the permanent members (also known as CFM ), there are following classes of membership (“Membership Classes”) in the WNO :
Membership Classes. There shall be only one class of membership and no Member shall have any rights or preferences in addition to or different from those possessed by any other Member. Each Member shall Vote in proportion to the Member's Percentage Interest as of the record date. Any action that may be taken by the Members shall be made by a Majority of Members, except that the following actions shall require the unanimous Vote of the Members:
(a) a decision to continue the business of the Company after any a death of a Member, the withdrawal of a Member, or any event set forth in Section 7.3(a), (b) or (c); (b) the admission of an Assignee as a Substituted Member; (c) any amendment of the Articles of Organization or this Agreement; or (d) a compromise of the obligation of a Member to make a Capital Contribution.
Membership Classes. (i) The Class A Members shall be excluded from participation in distributions but shall be entitled to have their entire Percentage Interests in the Company redeemed and purchased by the Company.
(ii) The Class B Members shall be eligible to participate in distributions; provided, however, that the aggregate distributions to a Class B Member in any given year shall not exceed 1% of the value of such Class B Member’s Percentage Interests in the Company.
(iii) The Class C Members shall be eligible to participate in distributions without limitation as to the amount thereof.
(iv) Each Member has voting rights proportional to that Member’s Percentage Interests in all decisions to be made by the Members.
Membership Classes. There shall be three (3) classes of membership (“Membership Classes”) in the Foundation representing Members that publicly, but nonexclusively, support the Purposes of the Foundation as specified in the By-laws: (1) Founding Core Members (2) General Core Members and (3)
Membership Classes. The Company shall have the following two classes of Members:
(a) Class A Members," which shall be composed solely of any private foundation investors making a program related investment ("PRI") in the Company under Section 4944(c) of the Code; and
(b) Class B Members," which shall be composed of all other investors. [Note: This Agreement only contemplates two classes of members, depending on the identify of the investors additional classes may be advisable.]
