Procedures for Admitting Additional Members. As a condition to becoming a Member of the Company, all additional Members shall execute and deliver to the Company such number of counterpart signature pages to this Agreement as the Board may require, evidencing such Member’s intent to be bound by all of the terms and conditions of this Agreement. The initial Capital Contribution of any additional Member shall be paid in cash or cash equivalent at the time of such Member’s admission into the Company, or in consideration otherwise acceptable to the Board in its sole discretion. Schedule A will be amended to reflect each additional Member admitted to the Company.
Procedures for Admitting Additional Members. Without limiting the terms contained elsewhere in this Agreement, including, without limitation, Section 3.2, Section 6.2 and Article IX, as a condition to becoming a Member of the Company, all additional Members shall execute and deliver to the Company such instruments, in form and substance satisfactory to the Board as it may deem necessary or desirable to effectuate such admission, as the Board may require, evidencing such Member's intent to be bound by all of the terms, covenants and conditions of this Agreement. The initial Capital Contribution of any additional Member shall be paid in cash or cash equivalents at the time of such Member's admission into the Company, or in consideration otherwise acceptable to the Board in its sole discretion. Schedule A and Schedule B will be amended, as necessary, to reflect each additional Member admitted to the Company.
Procedures for Admitting Additional Members. Without limiting the terms contained elsewhere in this Agreement, including, without limitation, Section 3.2, Section 3.3, Section 5.1 and Article X, as a condition to becoming a Member of the LLC, all Additional Members shall execute and deliver to the LLC such instruments, in form and substance satisfactory to the Board as it may deem necessary or desirable to effectuate such admission, as the Board may require, evidencing such Member’s intent to be bound by all of the terms, covenants and conditions of this Agreement, including without limitation a subscription agreement and Joinder Agreement. The initial Capital Contribution of any Additional Member shall be paid in cash or cash equivalents at the time of such Member’s admission into the LLC, or in consideration otherwise acceptable to the Board in its sole discretion. The LLC’s books and records will reflect each Additional Member admitted to the LLC.
