Common use of Option to Purchase the Interest of a Member upon a Withdrawal Event Clause in Contracts

Option to Purchase the Interest of a Member upon a Withdrawal Event. (a) Within thirty (30) days from the occurrence of a Withdrawal Event with respect to a Member, the Withdrawn Member (or the Withdrawn Member’s personal representative or other successor if applicable) shall provide the Company with written notice of the Withdrawal Event (“Withdrawal Notice”).

Appears in 4 contracts

Samples: Operating Agreement (World Tree Usa, LLC), Operating Agreement (World Tree Usa, LLC), Operating Agreement (Franklin Covey Co)

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