EB5 Job Allocation Sample Clauses

EB5 Job Allocation. Each Member understands and acknowledges that that the Company intends to seek to raise funds from investors seeking to participate in the EB5 Immigrant Investor Program. Each Member further understands and acknowledges that ten (or such other number as may be required by the EB5 Immigrant Investor Program) qualifying jobs will be allocated to Members in the order in which each such Member’s conditional permanent resident status commences. A Member’s conditional permanent resident status shall be deemed to commence on the date (a) that such Member’s Application for Adjustment of Status (I-485) is approved by the USCIS or (b) that such Member first enters the United States on an immigrant visa. This allocation process will continue until all EB-5 jobs have been allocated to the Members, and there is no guarantee that one or more Member will receive lawful permanent resident status in the United States as a result of his or her investment in the Company.