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(sometimes described as"units")are as follows: <br /> Name Address Contribution <br /> Christopher James Merten 3839 Blanchet Ave. $220.00 <br /> St. Paul, OR 97137 <br /> Garrett Merten 3839 Blanchet Ave. $100.00 <br /> St. Paul OR 97137 <br /> John Merten 3839 Blanchet Ave. $100.00 <br /> St. Paul OR 97137 <br /> 2.2 Ownership Interest. The Members' percentage interest in the Company(the Ownership <br /> Interest) is: <br /> Christopher James Merten 52% <br /> Garrett Merten 24% <br /> John Merten 24% <br /> 2.3 Participation of Members. The Members shall participate in the management and <br /> control of the Company business and they shall transact any business for the Company in addition to <br /> having the power to act for or bind the Company. <br /> 2.4 Additional Capital Contributions. The Members intend that,to the maximum extent <br /> possible, Company obligations are to be paid from operating cash flows and from Company <br /> borrowings, whether short term or longer term. To the extent cash flow from operations and borrowing <br /> are not sufficient to meet the obligations of the Company as they become due,then,the Members will <br /> contribute to the Company the funds necessary to meet such obligations. <br /> 2.5 Failure to Make Additional Capital Contributions. Should the Members for any reason <br /> fail to make an additional capital contribution required under Section 2.4 (a"Defaulting Member"), <br /> then the other Members may advance funds proportionate to their Ownership Interests or as they <br /> otherwise may agree for the account of the Defaulting Member(a"Default Advance"). A Member who <br /> makes a Default Advance is an `Advancing Member". A Default Advance is a debt of the Defaulting <br /> Member due to the Advancing Member(s)that bears interest from the date made at a rate equal to 2% <br /> above the prime rate of U.S.National Bank. The Defaulting Member's share of Company cash <br /> distributions and proceeds will be paid to the Advancing Members in the chronological order of, and <br /> proportionately to, the Default <br /> Advances then to be repaid until that debt. including interest and costs of collection, are <br /> repaid in full. A Default Advance is the personal obligation of the Defaulting Member to the <br /> Advancing Member(s), and if not repaid within two years of the date made, the Advancing Member(s) <br /> may pursue any remedy at law or in equity for its repayment. <br /> Page-2- OPERATING AGREEMENT <br />