Common use of Contributions Generally Clause in Contracts

Contributions Generally. The limited liability company interest of each Member in the Company shall be represented by units issued to such Member (“Membership Units”). The Membership Units shall not be issued in certificated form, unless otherwise determined by the Board. As of the effective date hereof, each Member shall have contributed to the Company the amount of Capital Contribution set forth opposite such Member’s name on Schedule A and the number of Membership Units set forth opposite each Member’s name on Schedule A shall have been issued to such Member. The Company shall update Schedule A from time to time as necessary to reflect accurately all material information regarding the Membership Units. Any amendment or revisions to Schedule A will not be deemed to be an amendment to this Agreement. Any reference in this Agreement to Schedule A shall be deemed to be a reference to Schedule A as amended and in effect from time to time.