Common use of Node Rewards Clause in Contracts

Node Rewards. During the initial period of the Hedera Network, Hedera may make Node Rewards (as defined herein) as described in this paragraph B.5(b)(i) to those members who have provided Hedera the address of their Member-Controlled Node Account as described in B.4. In addition, Hedera will make a Node Subsidy as defined and described in paragraph B.5(b)(ii). After the Node Software provides the ability to stake Coins to Node Accounts, Node Rewards will be distributed to each Node’s Node Account in proportion to the amount of Coins associated with such Node’s Node Account (i.e., both Coins held directly and Coins staked to such Account).

Appears in 7 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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