Limited Liability Company Agreement of Laredo Royalty Incentive Plan, LLC a Delaware Limited Liability Company As Of October 11, 2012Limited Liability Company Agreement • October 15th, 2012 • Laredo Oil, Inc. • Crude petroleum & natural gas • Texas
This LIMITED LIABILITY COMPANY AGREEMENT (the “Agreement”) of Laredo Royalty Incentive Plan, a Delaware limited liability company (the “Company”), dated as of October 11, 2012 (the “Effective Date”), is adopted, executed and agreed to, for good and valuable consideration, by the Company, Laredo Oil, Inc., a Delaware corporation (“Laredo”) and the other Members (as defined below) admitted to the Company as of the Effective Date.
RESTRICTED COMMON UNIT AGREEMENTRestricted Common Unit Agreement • October 15th, 2012 • Laredo Oil, Inc. • Crude petroleum & natural gas • Delaware
This RESTRICTED COMMON UNIT AGREEMENT (this “Agreement”) is made as of this [___] day of [____], 201[_] (the “Effective Date”), between Laredo Royalty Incentive Plan, LLC, a Delaware limited liability company (the “Company”), and [_______________] (the “Member”). Capitalized terms used in this Agreement but not defined in the body hereof are defined in the Amended and Restated Limited Liability Company Agreement of the Company as in effect from time to time (the “LLC Agreement”).
