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Business & farm
Subject to the other provisions of this Agreement, the Net Profits or Losses of the Company, for both accounting and tax purposes, will be allocated between the Members in the following manner:
Member 1: 100%
Member 2: 0%
Distributions to Members will be made in the same fixed proportions as the allocation of Net Profits or Losses described above.
No Member will have priority over any other Member for the distribution of Net Profits or Losses.
‎April 22, 2021
7:27 AM