📄 Extracted Text (352 words)
independent act pursuant to the provisions of Section 1801, Subsections (4) and (5) of
the Uniform Limited Liability Company Act
ARTICLE FOUR
ORGANIZER
The name and physical address of the Organizer of the Company is Enka A.
Keilerhab. 8100 Port of Sale Mall, Suite 15, St. Thomas, U.S. Virgin Is:ands 00802.
ARTICLE FIVE
MANAGEMENT
The Company shall be manager managed. The initial manager of, the company shall be
Lawrence Visoski. The physical and mailing address of the manager is 9100 Port of
Sale Mall, Stine 15. St. Thomas, U.S. Virgin Islands 00802.
ARTICLE SIX
CAPITAL
The Company shall began business with capital in the amount of One Thousand
United States Dollars (US S1.000.00;
ARTICLE SEVEN
LIMITATION OF LIABILITY
No manager of the Company shall be habit to the Company or its members for
monetary damages for an act or an omission to such manager's capacity as a member,
except for liability of a manager for (I) a breach of a manager's duty of loyalty to the
Company or its members, (ii) an act or omission, not in good feth, that constitutes a
breach of duty of a manager to the Company or an act or omission that Lnvolves
intentional misconduct or a knowing violation of the law, (iii) a transaction from which
a manager received an improper benefit, whether or not the benefit resulted from an
action taken within the scope of the manager's position, or (iv) an act or omission for
which the liability of a manager is expressly provided for by an applicable statute It
the Uniform Limited Lability Company Act or other applicable law is amended to
authorize action further eliminating or limiting the liability of managers, then the
liability of any manager of the Company shall be eliminated or limited to the fullest
extent permitted by the Uniform Limited Liability Company Act or other applicable
law, as so amended.
Any repeal or modification of the foregoing paragraph by the members shall not
adversely antect any right or protection of any manage existing at the time of such
repeal or modification.
Confidential Treatment Requested by JPMorgan Chase JPM•SDNY•00063280
EFTA01583588
ℹ️ Document Details
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278c55855f2ced4e6f4e80a134617ef88bafa69654a3afe74094f6b403c7cc51
Bates Number
EFTA01583588
Dataset
DataSet-10
Document Type
document
Pages
1
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