Common use of Membership Interests; Certificates Clause in Contracts

Membership Interests; Certificates. Each member's interest in the Company shall be specified on the Schedule of Members attached hereto as ------------------- Exhibit A, and identified and held as units of membership interests of the ---------- Company ("Units"). The Company shall issue certificates for such Units to ----- each member of the Company in a form determined by the Company, and such Units shall be "securities," as defined in Article 8, Section 8-102(a)(15) of the Uniform Commercial Code as adopted and in effect in the State of Delaware, and shall be governed by such Article in all respects.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Wki Holding Co Inc), Limited Liability Company Agreement (Wki Holding Co Inc)