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2.04 Waiver of Liabilijy for Return of Certain Distributions. The Mein er hereby <br /> pennanently and unanimously waives and eliminates, to the maximum extent permitted bylaw, any <br /> liability of any Member for the return of money or property to the Company which the Member <br /> rightfully received as a distribution of part or all of the Member's capital account. <br /> III ,o:" <br /> MANAGEMENT OF THE COMPANY <br /> 3.01 Desi ration of Maua ers. The management of the Company shall be.vestedin one <br /> Manager. Each.Manager shall hold that office until (a)his or her;resignation, incapacity,removal or <br /> death, or )upon the dissolution of the Company--whichever occurs first. The Member shall, <br /> appoint,remove, and replace the Manager from time to time (with or without cause)by filing an <br /> amendment to the Company's Articles of Organization.. <br /> 3.02 Limited Powers of the Manager. The Manager shall determine all matters and shall <br /> have the responsibility and authority to direct and manage the day-to-clay affairs of the Company. The <br /> Manager may also appoint such other officers with duties and compensation as the Manager deems <br /> appropriate from time to time. <br /> 3.03 Conve antes and Contracts. Each contract ofthc Cajnpany or any deed, bill of sale, <br /> mortgage, lease, contract of sale or other commitment of the Company purporting to bind the Company <br /> in any xray or purporting to convey or encumber the interest of the Company in.all or in any portion of <br /> any real or personal property at any time held in its name, must be signed by the Manager on behalf of <br /> the Company. <br /> 3.04 Distributions to Member. From time to time,the Manager shall make such.distributions <br /> .a <br /> of profits and assets to the Member as the Manager may detenmine.in the exercise of his or her <br /> reasonable discretion. <br /> IV <br /> COMPANY ACCOUNTING BOOKS AND RECORDS <br /> a , <br /> o <br /> 4,01: General Provisions. The fiscal year of the Company shall be the calendar year. The <br /> Company's boobs and records shall be maintained in accordance,with generally accepted accounting <br /> practices consistently applied and upon the:cash receipts and disbursements method of accounting.. <br /> f m 4.02 IncomeTax Information. The Company shall provide to the Member information on <br /> the Company's profits and losses and each class of income, gain, loss, deduction, or credit that is <br /> Ccpyright @ 2-005,The Legal Protectio qrp ,, .I.C, <br />