Removal of Member. Upon the unanimous vote of all other Members, a Member may be removed as a Member for any reason whatsoever. Upon notifying such Member of such removal in writing, the Company shall have ninety (90) days to remit to the removed Member cash equal to such Member’s Allocable Ownership as payment for such Member’s Membership Interest.
Appears in 3 contracts
Sources: Operating Agreement (Aleris International, Inc.), Limited Liability Company Operating Agreement (FDR Ireland LTD), Limited Liability Company Operating Agreement (FDR Ireland LTD)