Ownership and Issuance of Units. (a) (i) Subject to the terms and conditions of this Agreement, the Company shall have the authority to issue an unlimited number of Class A Units (the “Class A Units”) for such consideration as the Board of Managers deems appropriate. Each Class A Member owns that number of Class A Units as appears next to its name on Schedule II hereto, as the same may be amended or restated from time to time.
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Samples: Limited Liability Company Agreement (STR Holdings LLC), Limited Liability Company Agreement (STR Holdings (New) LLC)
Ownership and Issuance of Units. (a) (i) Subject to the terms and conditions of this Agreement, the Company shall have the authority to issue an unlimited number of Class A Units (the “Class A Units”) for such consideration as the Board of Managers deems appropriate. Each Class A Member owns that number of Class A Units as appears next to its name on Schedule II I hereto, as the same may be amended or restated from time to time.
Appears in 2 contracts
Samples: Merger Agreement (STR Holdings, Inc.), Merger Agreement (STR Holdings (New) LLC)
Ownership and Issuance of Units. (a) (i) Subject to the terms and conditions of this Agreement, the Company shall have the authority to issue an unlimited number of Class A Units (the “Class A Units”) for such consideration as the Board of Managers deems appropriate. Each Class A Member owns that number of Class A Units as appears next to its name on Schedule II I hereto, as the same may be amended or restated from time to time.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (STR Holdings, Inc.), Limited Liability Company Agreement (STR Holdings (New) LLC)
Ownership and Issuance of Units. (a) (i) Subject to the terms and conditions of this Agreement, the Company shall have the authority to issue an unlimited number of Class A Units (the “Class A Units”) for such consideration as the Board of Managers deems appropriate. Each Class A Member owns that number of Class A Units as appears next to its name on Schedule II hereto, as the same may be amended or restated from time to time.
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