Texas Limited Liability Company Operating Agreement Page 8
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10(f) Payment schedule will continue until exiting members debt is paid by LLC.
(g) If LLC dissolves, exiting member will be a regular debtor and payment will
follow normal LLC dissolution payment statutes.
(h) Exiting members’ value of membership interest it assigned current members
may NOT accrue interest.
(i) LLC can pay off amount owed to exiting member at any time if it so desires.
Operating
A greement
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