Termination of Membership Interest. Upon the transfer of a Member's Membership Interest in violation of this Agreement or the occurrence of a Dissolution Event as to such Member that does not result in the dissolution of the LLC, the CEO shall terminate the Membership Interest of a Member.
Appears in 2 contracts
Samples: Operating Agreement (Vertical Computer Systems Inc), Operating Agreement (Vertical Computer Systems Inc)
Termination of Membership Interest. Upon the transfer Transfer of a Member's ’s Membership Interest in violation of this Agreement or the occurrence of a Dissolution Event as to such Member that does not result in the dissolution of the LLC, the CEO Executive Committee shall terminate the Membership Interest of a Member.
Appears in 1 contract
Samples: Operating Agreement
Termination of Membership Interest. Upon the transfer of a Member's Membership Interest in violation of this Agreement or the occurrence of a Dissolution Event as to such Member that does not result in the dissolution of the LLC, the CEO CHAIRMAN shall terminate the Membership Interest of a Member.
Appears in 1 contract
Samples: Operating Agreement (Vertical Computer Systems Inc)
