Certified Resolution Amending LLC Agreement Allocable Shares—SouthStar Energy Services LLC, Georgia Natural Gas Company, and Piedmont Energy Company

Contract Categories: Business Formation › Limited Liability Company Agreements
Summary

SouthStar Energy Services LLC has amended its LLC Agreement to allocate income from the Ohio market, assigning 70% to Georgia Natural Gas Company and 30% to Piedmont Energy Company. This allocation is based on the company's cost of doing business in Ohio compared to other markets. The resolution was certified by the company's president, Michael A. Braswell, on November 20, 2006.

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EX-10.29 6 g04727exv10w29.htm EX-10.29 EX-10.29  

Exhibit 10.29
SouthStar Energy Services LLC
Certified Resolutions
RESOLVED, that Exhibit D of the LLC Agreement be amended to include a 70% Allocable Share for Georgia Natural Gas Company and a 30% Allocable Share for Piedmont Energy Company for income derived from the Ohio market, based on a proper allocation of the Company’s cost of conducting business in the Ohio market versus its other current markets.
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I, Michael A. Braswell, President of SouthStar Energy Services LLC, do hereby certify that the foregoing is a full, true and complete extract from the Written Consent of the Executive Committee of SouthStar Energy Services LLC dated as of August 28, 2006.
     IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Corporate Seal of SouthStar Energy Services LLC, this the 20th day of November, 2006.
         
 
  By:   /s/ Michael A. Braswell
 
       
 
      Michael A. Braswell — President