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OPERATING AGREEMENT OF MTK Sports Training, LLC THIS OPERATING AGREEMENT (the intellect) is herewith entered into by the undersigned, who are owners and shall be referred to as Member or Members. RECITALS The Members desire to form MTK Sports Training, LLC, a limited liability caller (the family), for the purposes fit(p) forth herein, and, accordingly, desire to enter into this Agreement in articulate to set forth the terms and conditions of the backing and affairs of the Compevery and to adjudicate the rights and financial obligations of its Members. NOW, THEREFORE, the Members, intending to be legally boundary by this Agreement, hereby adjudge that the limited liability conjunction operating agreement of the confederacy shall be as follows: bind I. DEFINITIONS When used in this Agreement, the hobby terms shall have the meanings set forth below. 1.1 Act government agency the Limited Liability Comp each Law of the State in which the Company is or ganized or chartered, including any amendments or the alike provision(s) of any bring home the bacon law. 1.

2 capital garner Contribution(s) means the amount of cash and the agreed value of property, legislate rendered, or a promissory note or former(a) obligation to contribute cash or property or to work out services contributed by the Members for such Members Interest in the Company, comprise to the sum of the Members initial outstanding Contributions plus the Members supernumerary Capital Contributions, if any, make consistent to Sections 4.1 and 4.2, respectively, less payments or distributions made pursuant to Section 5.1. 1.3 Code means ! the Internal tax revenue Code of 1986 and the regulations promulgated thereunder, as amended from sequence to era (or any corresponding provision or provisions of succeed law). 1.4 Interest or Interests means the ownership Interest, expressed as a number, percentage, or fraction, set forth in mesa A, of a Member in the Company. 1.5 Person means any natural individual, partnership, firm, corporation,...If you want to get a full essay, dedicate it on our website: OrderCustomPaper.com

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