Common use of Membership Units Clause in Contracts

Membership Units. Each Member shall receive the number of Membership Units set forth opposite such Member's name on Schedule I attached hereto, the number of Membership Units being received by each Member at the Effective Date being proportionate to such Member's respective ownership of the capital stock in the Corporation immediately prior to the Effective Date.

Membership Units. Each Member shall receive the number of Membership Units set forth opposite such Member's name on Schedule I attached hereto, the number of Membership Units being received by each Member at the Effective Date being proportionate to such Member's respective ownership of the capital stock in the Corporation immediately prior to the Effective Date.

Membership Units. Each Member shall receive the number of Membership Units set forth opposite such Member's name on Schedule I attached hereto, the number of Membership Units being received by each Member at the Effective Date being proportionate to such Member's respective ownership of the capital stock in the Corporation immediately prior to the Effective Date.

Membership Units. Each Member shall receive the interests in the Company expressed as a number of Membership Units units held by the Members set forth opposite such Member's ’s name on Schedule I attached heretohereto (the “Membership Units”), the number of Membership Units being received by each Member at the Effective Date Time being proportionate equivalent to such Member's respective ’s percentage ownership of the capital stock in the Corporation immediately prior to the Effective Dateeffective time of the Conversion.