Admission and Removal of Members. All members will complete an application. The General Members shall be admitted to fulfill one of the managing roles by unanimous approval of all General Members. The General Members’ role is not based on their percentage interest in the Company. A General Member can only be removed by failing to make the required quarterly contributions or by unanimous approval of all General Members. Limited Members may be admitted to the Company with the unanimous approval of all General and Limited Members.
CAPITAL CONTRIBUTIONS REQUIRED FOR MEMBERS:
Capital Contributions - General Members. Each General Member shall contribute between $2500.00 to $5000.00 or more to the Company every quarter.
Capital Contributions - Limited Members. Each Limited Member shall contribute between $500.00 to $1000.00 or more to the Company every quarter.