4.1. JFC SR 01-30-2018 - Laserfiche WebLink

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-s: In liquidating the Company,the Manager or liquidator may either sell all orail of the Company's assets and distribute the Ip,. proceeds or may make distributions completely or partially in kind. The distribution of assets of the Company shall be made in the following order: First,to the creditors of the Company,in the aider and priority provided by law,and theca to the Member or his,her or its successor in interest. Vill GENERAL PROVISIONS 8,01 Captions, Any titles or captions to the articles or sections contained in this instrument are for convenience only and shall not be deemed part of the context of this Agreement, 8.02 binding Effect. Except as otherwise herein provided,this'Agreennent shall be binding upon and inure to the benefiit of the parties hereto,their heirs, executors,administrators,successors and all persons hereafter having or holding an interest in this Company,whether as assignees or otherwise, 8.0 A licable haw. This Agreement shall be governed byi and:cbnis ed in accordance with the,laws of the State of Minnesota. Unless expressly or by necessary implication contravened:by any provision of the Act;the provisions of this Agreement shall control the affairs of the Company and the rights and.duties of die Manager and the Member. 8.04 ;successor in Interest. The Member shall have the unrestricted`right to designate his successor(following death)as to his interests in the Company by delivering an acknowledged instrument in writing to a Manager. The Company designation or evidence of a g g bsence of any such. shall.honor such.designation as a contractual obligation here under,-fn.the u :•, contrary intent,the Company shall recognize the deceased Member's heirs at law as his or her.successors in interest hereunder(as determined by the Company according to the laws of the intestate succession of the deceased Member's state of domicile.) No such actual or deemed designation shall be treated as a testamentary transfer within the meaning of any statute's requirements for one's last will and testament. IN`W`lTl,"l~SS'4filHEREO E,the Manager and the Member have executed and delivered this document effective as of the day and year:first set forth above.��,y...--�-""�' �.i. (Member); Patric s e7ber Copyright 2oo5,The Legal Protection Group,L.L.C.