Common use of Resignation of Member Clause in Contracts

Resignation of Member. A member may resign, retire or withdraw from the Company at any time by giving ninety (90) days advance written notice to the remaining members. The right of a resigning, retiring or withdrawing member to compensation for the member’s ownership interest in the Company will be governed by the provisions of Article 8 of this Agreement. The resignation, retirement or withdrawal of a member will terminate the member’s membership and voting rights in the Company as of the date of the resignation, retirement or withdrawal. The remaining members must consent to continue the business and affairs of the Company by agreement or consent of all the remaining members within resignation, retirement or withdrawal. ninety (90) days after the

Resignation of Member. A member may resign, retire or withdraw from the Company at any time by giving ninety xxxxxx (90) days advance written notice to the remaining members. The right of a resigning, retiring or withdrawing member to compensation for the member’s ownership interest in the Company will be governed by the provisions of Article 8 of this Agreement. The resignation, retirement or withdrawal of a member will terminate the member’s membership and voting rights in the Company as of the date of the resignation, retirement or withdrawal. The remaining members must consent to continue the business and affairs of the Company by agreement or consent of all the remaining members within resignation, retirement or withdrawal. ninety (90) days after thethe resignation, retirement or withdrawal.

Resignation of Member. A member may resign, retire or withdraw from the Company at any time by giving ninety (90) days advance written notice to the remaining members. The right of a resigning, retiring or withdrawing member to compensation for the member’s ownership interest in the Company will be governed by the provisions of Article 8 of this Agreement. The resignation, retirement or withdrawal of a member will terminate the member’s membership and voting rights in the Company as of the date of the resignation, retirement or withdrawal. The remaining members must consent to continue the business and affairs of the Company by agreement or consent of all the remaining members within resignation, retirement or withdrawal. ninety (90) days after thethe resignation, retirement or withdrawal.