Post by Zenith Group on Jan 22, 2021 1:28:04 GMT
Mission
Here at Clear Water LLC, we strive everyday to bring affordable pricing to our regular consumers with a quality product. As it stands, our companies current mission is to expand quarry production and refinement in our concrete factories to produce cement for our growing customers needs. Our most recent innovations have exploded our ability to output Sand, Limestone and Clay productions, almost to 99% efficiency in all sectors! We plan to continue our mission of providing quality services and materials by frequently checking our quarry abundances to make sure maximum efficiency is utilized and no dollar goes to waste.Investors
Clear Water LLC is a leading company in its field with a robust network of subsidiaries and strategic partnerships. With state-of-the-art production facilities and exclusive sales agreements in SimCo, Clear Water operates around the city pursuing new and emerging markets. Through the Company’s unparalleled pace of execution and commitment to innovation, Clear Water has become a fast growing company that continues to elevate and challenge industry standards. Bond investors are encouraged to request a SEC filing whenever they desire to get warehouse reports and daily financial reports on-demand. We will provide a quarterly report in this thread for our current and future investors.
We appreciate your business and commitment to our cause and our mission. We will continue to and always strive to create a competitive and rewarding market.
We appreciate your business and commitment to our cause and our mission. We will continue to and always strive to create a competitive and rewarding market.
Newsletter
Periodically at the end of the month, we will provide a newsletter to reaffirm our mission statement and provide our strategy going forward into the next month. Any input and suggestions can be forwarded to the Human Resources department, headed up by our Company President.
Meet the Management Team
ARTICLES OF ORGANIZATION OF CLEAR WATER LLC
Under Section 203 of the Limited Liability Company Law
Filer’s Name and Mailing Address: Captain Water, 17-76 Liberty Avenue, SimCo
LLC Mailing Address: Captain Water, 17-76 Liberty Avenue, SimCo
Operating Agreement for Clear Water Limited Liability Company
I. Preliminary Provisions
- (1) Effective Date: This operating agreement of Clear Water LLC, effective 1/21/2021, is adopted by the members whose signatures appear at the end of this agreement.
- (2) Formation: This limited liability company (LLC) was formed by filing articles of organization, a certificate of formation, or a similar organizational document with the LLC filing office of the state of SimCompanies on 10/22/2020. A copy of this organizational document has been placed in the LLC’s records book.
- (3) Name: The formal name of this LLC is as stated above. However, this LLC may do business under a different name by complying with the state’s fictitious or assumed business name statutes and procedures.
- (4) Registered Office and Agent: The registered office of this LLC and the registered agent at this address are as follows: 17-76 Liberty Avenue, SimCo. The registered office and agent may be changed from time to time as the members may see fit, by filing a change of registered agent or office form with the state LLC filing office. It will not be necessary to amend this provision of the operating agreement if and when such a change is made.
- (5) Business Purposes: The specific business purposes and activities contemplated by the founders of this LLC at the time of initial signing of this agreement consist of the following: Commodity exchange. It is understood that the foregoing statement of purposes shall not serve as a limitation on the powers or abilities of this LLC, which shall be permitted to engage in any and all lawful business activities. If this LLC intends to engage in business activities outside the state of its formation that require the qualification of the LLC in other states, it shall obtain such qualification before engaging in such out-of-state activities.
- (6) Duration of LLC: The duration of this LLC shall be generational. Further, this LLC shall terminate when a proposal to dissolve the LLC is adopted by the membership of this LLC or when this LLC is otherwise terminated in accordance with law.
II. Membership Provisions
- (1) Nonliability of Members: No member of this LLC shall be personally liable for the expenses, debts, obligations, or liabilities of the LLC, or for claims made against it.
- (2) Reimbursement for Organizational Costs: Members shall be reimbursed by the LLC for organizational expenses paid by the members. The LLC shall be authorized to elect to deduct and amortize organizational expenses and start-up expenditures as permitted by the Internal Revenue Code and as may be advised by the LLC’s tax adviser.
- (3) Management: This LLC shall be managed exclusively by all of its members.
- (4) Members’ Percentage Interests: A member’s percentage interest in this LLC shall be computed as a fraction, the numerator of which is the total of a member’s capital account and the denominator of which is the total of all capital accounts of all members. This fraction shall be expressed in this agreement as a percentage, which shall be called each member’s “percentage interest” in this LLC.
- (5) Membership Voting: Except as otherwise may be required by the articles of organization, certificate of formation, or a similar organizational document, by other provisions of this operating agreement, or under the laws of this state, each member shall vote on any matter submitted to the membership for approval in proportion to the member’s percentage interest in this LLC. Further, unless defined otherwise for a particular provision of this operating agreement, the phrase “majority of members” means the vote of members whose combined votes equal more than 50% of the votes of all members in this LLC, and a majority of members, so defined, may approve any item of business brought before the membership for a vote unless a different vote is required under this operating agreement or state law.
- (6) Compensation: Members shall not be paid as members of the LLC for performing any duties associated with such membership, including management of the LLC. Members may be paid, however, for any services rendered in any other capacity for the LLC, whether as officers, employees, independent contractors, or otherwise.
- (7) Members’ Meetings: The LLC shall not provide for regular members’ meetings. However, any member may call a meeting by communicating his or her wish to schedule a meeting to all other members. Such notification may be in person or in writing, or by telephone, facsimile machine, or other form of electronic communication reasonably expected to be received by a member, and the other members shall then agree, either personally, in writing, or by telephone, facsimile machine, or other form of electronic communication to the member calling the meeting, to meet at a mutually acceptable time and place. Notice of the business to be transacted at the meeting need not be given to members by the member calling the meeting, and any business may be discussed and conducted at the meeting. If all members cannot attend a meeting, it shall be postponed to a date and time when all members can attend, unless all members who do not attend have agreed in writing to the holding of the meeting without them. If a meeting is postponed, and the postponed meeting cannot be held either because all members do not attend the postponed meeting or the nonattending members have not signed a written consent to allow the postponed meeting to be held without them, a second postponed meeting may be held at a date and time announced at the first postponed meeting. The date and time of the second postponed meeting shall also be communicated to any members not attending the first postponed meeting. The second postponed meeting may be held without the attendance of all members as long as a majority of the percentage interests of the membership of this LLC is in attendance at the second postponed meeting. Written notice of the decisions or approvals made at this second postponed meeting shall be mailed or delivered to each nonattending member promptly after the holding of the second postponed meeting. Written minutes of the discussions and proposals presented at a members’ meeting, and the votes taken and matters approved at such meeting, shall be taken by one of the members or a person designated at the meeting. A copy of the minutes of the meeting shall be placed in the LLC’s records book after the meeting.
- (8) Membership Certificates: This LLC shall be authorized to obtain and issue certificates representing or certifying membership interests in this LLC. Each certificate shall show the name of the LLC and the name of the member, and state that the person named is a member of the LLC and is entitled to all the rights granted members of the LLC under the articles of organization, certificate of formation, or a similar organizational document; this operating agreement; and provisions of law. Each membership certificate shall be consecutively numbered and signed by one or more officers of this LLC. The certificates shall include any additional information considered appropriate for inclusion by the members on membership certificates. In addition to the above information, all membership certificates shall bear a prominent legend on their face or reverse side stating, summarizing, or referring to any transfer restrictions that apply to memberships in this LLC under the articles of organization, certificate of formation, or a similar organizational document, and/or this operating agreement, as well as the address where a member may obtain a copy of these restrictions upon request from this LLC. The records book of this LLC shall contain a list of the names and addresses of all persons to whom certificates have been issued, show the date of issuance of each certificate, and record the date of all cancellations or transfers of membership certificates.
- (9) Other Business by Members: Each member shall agree not to own an interest in, manage, or work for another business, enterprise, or endeavor, if such ownership or activities would compete with this LLC’s business goals, mission, profitability, or productivity, or would diminish or impair the member’s ability to provide maximum effort and performance in managing the business of this LLC.
Captain Water, President of Clear Water LLC