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

This certified resolution amends the LLC Agreement of SouthStar Energy Services LLC to specify that income from the Florida market will be allocated 70% to Georgia Natural Gas Company and 30% to Piedmont Energy Company. The allocation is based on the company's cost of doing business in Florida compared to its other markets. The resolution was approved by the Executive Committee and certified by the President of SouthStar Energy Services LLC.

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EX-10.30 7 g04727exv10w30.htm EX-10.30 EX-10.30  

Exhibit 10.30
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 Florida market, based on a proper allocation of the Company’s cost of conducting business in the Florida 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 September 20, 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