Laserfiche WebLink
I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> ! <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />ARTICLE V. <br />Partners' Time <br /> <br /> The Partners will devote their best efforts and such time and <br />attention as may reasonably be necessary to the partnership business. <br /> <br />ARTICLE VI. <br />Administrative Provisions <br /> <br />SECTION 6.1 Voting - In all matters requiring a decision by the <br />Partners, each Partner shall vote in proportion to his capital interest in <br />the Partnership at such time. Each Partner may exercise his vote on <br />any matter by written notification to the Managing Partner. <br /> <br />SECTION 6.;~ Managment - The property and affairs of the <br />Partnership shall be managed and controlled jointly by the Partners. <br /> <br />SECTION 6.3 Employment of General Manager - The Partnership shall <br />employ Arthur Raudio as general manager to oversee the day-to-day <br />operations of the partnership. The general manager shall serve without <br />compensation and shall have no vote in the management of the <br />Partnership; provided, however, that Arthur Raudio has received <br />one-sixth (I/6) of the interest of Elizabeth Raudio as Limited Partner. <br /> <br />SECTION 6.4 Employment of Auditor - The Partnership shall employ <br />Verne Gunderson as auditor upon such terms and compensation as the <br />Partnership determines to be fair and reasonable. <br /> <br /> ARTICLE VII. <br /> <br />Capital Contributions <br /> <br />SECTION 7.1 The initial capital of the Partnership shall consist of <br /> <br /> in cash, or its equivalent, contributed by the Partners <br />in the following amounts: <br /> <br />-3- <br /> <br /> <br />