Pursuant to Section 489. 407 of the Act, the Members agree that any vote of the Members shall be calculated based on membership interests held by each Member and listed in Exhibit 1, which may be amended pursuant to this Operating Agreement. Any vote under this Section may occur, provided a quorum of the membership interests is present for the vote.
Pursuant to Section 489. 407 of the Act, a Manager shall serve as such until he or she dies, is adjudicated incompetent, voluntarily resigns, or is removed as a Manager. Any Manager may resign at any time by giving written notice to all of the Members, and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Any Manager may be removed by the majority vote of the Members. A Manager who is also a Member may also vote as a Member to block his or her removal and such vote shall be counted when calculating the vote of the Members.
Pursuant to Section 489. 407 of the Act, the Members agree that any vote of the Members shall be calculated based on membership interests held by each Member and listed in Exhibit 1, which may be amended pursuant to this Operating Agreement. Any vote under this Section may occur, provided a quorum of the membership interests is present for the vote. ACTIONS BY WRITTEN CONSENT. Pursuant to Section 489.407 of the Act, any action required or permitted to be taken at any meeting of the Members may be taken without a meeting, without prior notice, and without a vote, if a consent in writing, setting forth the action so taken, is signed by Members having at least the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Members were present and voting. A facsimile or similar electronic reproduction of a writing signed by a Member will be regarded as signed by the Member.
