Fill and Sign the Authorizing Redemption of Members Interest in Limited Liability Company Form

Minutes of a Special Meeting of the Members of a Limited Liability Company Authorizing Redemption of Member’s Interest in Limited Liability Company Pursuant to call and notice as required by the Operating Agreement of _________________________ (Name of Limited Liability Company) and the laws of the State of _______________ (name of state) , a special meeting of the Members of the Limited Liability Company (LLC) was held on the __________________ (date).Present at this Meeting were the following Members: (names of members) ______________________________________________________________________ ____________________________________________________________________________________________________________________________________________The Meeting was called to order by the Managing Member _________________ (name of managing member).________________________ (Name of Managing Member) announce that the first order of business was consideration of the purchase of the Interest of ________________________ (name of member) in the LLC pursuant to Article _____ of the Operating Agreement of the LLC.On motion duly made and seconded, the following Resolution was unanimously passed:Whereas, it is in the best interests of the LLC that it purchase the Interest of _________________________ (name of member) in the LLC pursuant to Article ________ of the Operating Agreement of the LLC;Now, therefore, it is hereby resolved:1.That the Managing Member of the LLC be, and he is now empowered and directed to purchase from ________________________ (name of member) on behalf of the LLC, all of said Member’s Interest in the LLC pursuant to Article ______ of the Operating Agreement of the LLC, and that payment for the Interest so purchased be made in cash.2. That the Managing Member be, and he now is, authorized to take all steps required by law and said Operating Agreement to purchase said Interest as aforesaid and to issue a Notice of Intention regarding the purchase of said Interest and, if necessary, issue a Capital Call Request pursuant to Article _____ of said Operating Agreement to raise the necessary funds to make said purchase;There being no further business to come before the meeting, it was adjourned. Witness my signature as evidence of the accuracy of these Minutes this the __________________ (date). _______________________________ (Printed Name of Managing Member) _______________________________ (Signature of Managing Member)