Common use of Resignation or Withdrawal of a Member Clause in Contracts

Resignation or Withdrawal of a Member. (a) No Member shall resign from membership in the Company or withdraw their interest in the capital of the Company, except (i) in connection with the dissolution of the Company pursuant to the provisions of Article VIII, or (ii) with the prior written consent of all of the other Members.

Appears in 3 contracts

Samples: Operating Agreement (Patriot Scientific Corp), Operating Agreement (Patriot Scientific Corp), Commercialization Agreement (Patriot Scientific Corp)

AutoNDA by SimpleDocs

Resignation or Withdrawal of a Member. (a) No Member shall resign from membership in the Company or withdraw their interest in the capital of the Company, except (i) in connection with the dissolution of the Company pursuant to the provisions of Article VIII, VIII or (ii) with the prior written consent of all of the other Members.

Appears in 1 contract

Samples: Limited Liability (Patriot Scientific Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.