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It covers member-related concepts such as capital contributions, capital accounts, available cash, fiscal year determination, and valuation mechanics including fair market value, including the role and authority of the Manager(s).",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/limited-liability-company-operating-agreement-of-ccaigem-llc-dated-as-of-october-2019/282799/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/limited-liability-company-operating-agreement-of-ccaigem-llc-dated-as-of-october-2019/282799.png","ImageObject",442,249,{"name":42,"@type":43},"Adam","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-25","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",11,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the purpose of this Limited Liability Company Operating Agreement?","Question",{"text":63,"@type":64},"It sets forth the rights and obligations of the Members regarding CCAiGEM LLC and documents the terms governing the Members’ relationship.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Which legal framework governs the company under this agreement?",{"text":68,"@type":64},"The agreement references the California Revised Uniform Limited Liability Company Act (the “Act”) and states the company was formed in 2019 under California law.",{"name":70,"@type":61,"acceptedAnswer":71},"How does the agreement define and handle key financial concepts like Available Cash and Fair Market Value?",{"text":72,"@type":64},"Available Cash is calculated from cash receipts less specified payments, expenditures, and reserves. Fair Market Value of a Member’s Interest is determined by an appraiser appointed by the Manager(s) using an arm’s-length approach, and the determination is final and conclusive.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},282799,1790395266,{"code":4,"msg":82,"data":83},"success",[84,88,93,98,103,108,113,117,122],{"id":55,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":115,"slug":116},18,30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":82,"data":127},{"doc_id":79,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":114,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":89},1374404737137,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF CCAiGEM LLC (A CALIFORNIA LIMITED LIABILITY COMPANY)  \nDATED AS OF October 2019  \nTHIS LIMITED LIABILITY COMPANY OPERATING AGREEMENT (this “Agreement”) has been made and entered into by and among the persons and/or entities whose names appear on Exhibit A annexed hereto (individually a “Member” and collectively the “Members”), for the purposes of setting forth the rights and obligations of the Members in and to CCA iGEM (the Company\") formed pursuant to the provisions of the California Revised Uniform Limited Liability Company Act (the\"Act\") .  \nWHEREAS, the Company was formed in 2019, subject to the laws of the State of California; and  \nWHEREAS, the parties hereto have agreed upon the terms and conditions that will govern their relationship and wish to reduce such agreement to writing;  \nNOW, THEREFORE in consideration of the premises, the mutual agreements contained herein and other good and valuable consideration, the receipt and adequacy of which hereby are acknowledged, the parties hereto hereby agree as follows:  \n1. ARTICLE I: INTERPRETATION  \n1.1. Definitions. Unless otherwise expressly provided herein or unless the context clearly requires otherwise, the following terms as used in this Agreement shall have the following meanings:  \n1.1.1.“Additional Capital Contributions.”Means the aggregate amount of additional Capital Contributions made to the Company by the Members, beyond the initial Capital Contributions of the Members pursuant to Section 3.1(c) .  \n1.1.2.“Affiliate.”Means a Person that directly or indirectly through, one or more intermediaries, controls or is controlled by, or is under common control with the Person specified. For this purpose control of a Person means that power (whether or not exercised) to direct the policies, operations or  \nactivities of such Person by or through ownership of, or right to vote, or to direct the manner of voting of such Person, or pursuant to law, or agreement or otherwise. No Member shall be deemed tobe an Affiliate of another Member by virtue of this Agreement or their respective ownership of Interests in the Company.  \n1.1.3.“Available Cash.”Means as of any date, all cash receipts received by the Company (other than Capital Contribution), less the sum of the following to the extent made from cash receipts received by the Company:  \n1.1.3.1.all principal, interest and other payments due and owing with respect to loans, mortgages and other indebtedness of the Company;  \n1.1.3.2.all cash expenditures then necessary, in the opinion of the Manager(s), tobe made in connection with the operation of the Business of the Company; and  \n1.1.3.3.such cash reserves as the Manager(s) deems reasonably necessary for the proper operation of the Business of the Company and all costs and expenses of the Business of the Company.  \n1.1.4.“Business.”Means degradation of PAHs, or polycyclic aromatic hydrocarbons.  \n1.1.5.“Capital Account.”Means the Capital Account maintained and adjusted for each Member pursuant to Section 4.1.  \n1.1.6.“Capital Contribution.”Means the aggregate amount of cash, the initial Gross Asset Value of any property (other than cash), contributed to the Company by a Member as of such time.  \n1.1.7. “Code.”Means the Internal Revenue Code of 1986, as amended, and as it may be further amended from time to time.  \n1.1.8. “Disability.”Means with respect to a Person,(i) the inability (as determined by the Manager(s)) of the Person, as a result of any pnysicai or mental incapacity, to perform any material duties of the Person under this Agreement for a period of one hundred eighty (180) consecutive cays or two hundred seventy (270) days during any twelve-month period or (ii) the entry of judgment of a court of competent jurisdiction adjudicating the Person to be incompetent to manage such Person's  \nproperty or person.  \n1.1.9. “Fair Market Value.”Means the fair market value of a Member's Interest, as determined by an appraiser a","cbCaidSfm2n75tvx","https://ap.wps.com/l/cbCaidSfm2n75tvx","pdf",246618,35,"English","# ARTICLE I: INTERPRETATION\n## 1.1. Definitions","[{\"question\":\"What is the purpose of this Limited Liability Company Operating Agreement?\",\"answer\":\"It sets forth the rights and obligations of the Members regarding CCAiGEM LLC and documents the terms governing the Members’ relationship.\"},{\"question\":\"Which legal framework governs the company under this agreement?\",\"answer\":\"The agreement references the California Revised Uniform Limited Liability Company Act (the “Act”) and states the company was formed in 2019 under California law.\"},{\"question\":\"How does the agreement define and handle key financial concepts like Available Cash and Fair Market Value?\",\"answer\":\"Available Cash is calculated from cash receipts less specified payments, expenditures, and reserves. Fair Market Value of a Member’s Interest is determined by an appraiser appointed by the Manager(s) using an arm’s-length approach, and the determination is final and conclusive.\"}]","Limited Liability Company Operating Agreement of CCAiGEM LLC - Dated as of October 2019 | PDF",1789582923]