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The Company shall continue in existence until dissolved, liquidated or terminated <br />in accordance with the provisions of this Agreement and, to the extent not <br />otherwise superseded by this Agreement, the Statutes. <br />4. Registered Office and Resident Agent. <br />The Registered Office and Resident Agent of the Company shall be as <br />designated in the initial Articles of Organization/Certificate of Organization or any <br />amendment thereof. The Registered Office and/or Resident Agent may be <br />changed from time to time. Any such change shall be made in accordance with <br />the Statutes, or, if different from the Statutes, in accordance with the provisions <br />of this Agreement. If the Resident Agent shall ever resign, the Company shall <br />promptly appoint a successor agent. <br />5. Capital Contributions and Distributions. <br />1 <br />The Member may make such capital contributions (each a "Capital Contribution") <br />in such amounts and at such times as the Member shall determine. The Member <br />shall not be obligated to make any Capital Contributions. The Member may take <br />distributions of the capital from time to time in accordance with the limitations <br />imposed by the Statutes. <br />6. Books, Records and Accounting. <br />a) Books and Records. The Company shall maintain complete and accurate <br />books and records of the Company's business and affairs as required by the <br />Statutes and such books and records shall be kept at the Company's <br />Registered Office and shall in all respects be independent of the books, <br />records and transactions of the Member. <br />b) Fiscal Year; Accounting. The Company's fiscal year shall be the calendar <br />year with an ending month of December. <br />7. Member's Capital Accounts. <br />A Capital Account for the Member shall be maintained by the Company. The <br />Member's Capital Account shall reflect the Member's capital contributions and <br />increases for any net income or gain of the Company. The Member's Capital <br />Account shall also reflect decreases for distributions made to the Member and <br />the Member's share of any losses and deductions of the Company. <br />8. U.S. Federal / State Income Tax Treatment. <br />The Member intends that the Company, as a single member LLC, shall be taxed <br />as a sole proprietorship in accordance with the provisions of the Internal <br />Page 2 of 6 <br />Copyright © 2016 by eForms <br />