This seventh amended and revised enterprise agreement (this „agreement“) of the New York Stock Exchange LLC (the „Company“) is entered into by NYSE Group, Inc., a Delaware corporation (the „member“), pursuant to the New York Limited Liability Company Act (as amended from time to time and to its successor law, the „Act“). You don`t need to change THE LLC operating contract every time a small change is made. Instead, tell an owner to follow the necessary changes to the agreement and address these issues in a single change process. LLC Operating Agreement Amendment is used whenever an amendment to the original agreement is made, either by changing existing conditions or adding new ones if necessary. It is most often used when: owners should modify their LLC Operating Agreement when their terms no longer reflect the responsibilities of their members, the operations of the business or the contributions of the estate. Over time, the roles of some owners are likely to change due to growth, offshoring or skills. When the business grows, a more formal, hierarchical structure may be best for day-to-day operations management and long-term development. In addition, some owners may invest additional capital in the business to support operations, and their individual investments must be recognized and protected. As these situations occur, it is necessary to amend the original agreement. This eleventh amended and revised enterprise agreement (this „agreement“) of NYSE American LLC, formerly NYSE MKT LLC, American Stock Exchange 2, LLC, NYSE Alternext US LLC and NYSE Amex LLC (the „Company“) with the date and effective July 21, 2017, will be closed by NYSE Group, Inc., a Delaware company and a wholly indirect subsidiary of Intercontinental Exchange. , Inc. („ICE“), pursuant to the Delaware Limited Liability Company Act, 6 Del.C.
No. 18-101, and seq. (in the amended version from time to time and any succession status An amendment to an LLC enterprise agreement is essential to reflect the company`s current business activities as well as the responsibilities and ownership shares of the company`s members. In the absence of any change, the original enterprise agreement is considered a valid contract between the parties and only the conditions set out in this agreement are applied to profit distribution or decision-making in the administration. In this case, new partners are not entitled to assets if the entity is dissolved and partners who have invested additional funds or assets do not receive compensation based on their contributions.