Other Rights of Members. In connection with a Corporate Conversion, the Board shall cause the resulting corporation to enter into such agreements as are necessary to provide the Members with rights with respect to such corporation which are substantially similar to the rights of such Members pursuant to this Agreement.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Series 2 Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
Other Rights of Members. In connection with a Corporate Conversion, the Board shall cause the resulting corporation to enter into such agreements as are necessary to provide the Members with rights with respect to such corporation which are substantially similar not less favorable to the rights of such Members than their rights pursuant to this AgreementAgreement (other than any such rights that arise solely by reason of, or in connection with, the LLC’s pass-through tax status).
Appears in 1 contract
Samples: Limited Liability Company Agreement (Dover Glen, Inc.)
