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Page 2—OPERATING AGREEMENT <br /> 3.2 Additional Contributions. Except as otherwise provided in the Act,the <br /> Member is not required to contribute additional capital to the company. <br /> But the Member may make additional capital contributions to the <br /> Company from time to time as the Member wishes. <br /> 3.3 No Interest on Capital Contributions. No interest will be paid on <br /> capital contributions. <br /> 3.4 Capital Account. A capital account will be maintained for the Member. <br /> The Member's capital will be credited with all capital contributions made <br /> by the Member and with all income and gain(including any income exempt <br /> from federal income tax)of the Company,and the Member's capital <br /> account will charged with the amount of all distributions made to the <br /> Member and with all losses and deductions(including deductions <br /> attributable to tax-exempt income)of the company. <br /> 4. PROFITS AND LOSSES AND DISTRIBUTIONS <br /> 4.1 Profits and Losses. The entire net profit or net loss of the Company for <br /> each fiscal year will be allocated to the member and must be reported by <br /> the Member on all federal,state, and local income and other tax returns <br /> required to be filed by the Member. <br /> 4.2 Distributions. Subject to the restrictions governing distributions under <br /> the Act,distributions of cash or property may be made from time to time <br /> by the Company to the member as the Managers direct. But the assets of <br /> the Company may not be used to pay the separate expenses of the <br /> Member,to make investments for the account of the Member,or for any <br /> other purpose not related to the business of the Company <br />