This document outlines the allocation of profits and losses among members of a company as per Sections 4.2 and 4.3. It specifies how losses are allocated based on membership interests and adjusted capital account balances. It also provides guidelines for reallocating profits and losses to ensure substantial economic effect or alignment with members' interests. Tax allocations are addressed in Section 4.4, aligning with the capital account allocations.
doj/DataSet10/EFTA01378598.pdf
{"document_type":"legal","document_subtype":"Operating Agreement","reference_numbers":["DB-SDNY-0075805","SDNY_GM_00221989","EFTA01378598"]}