LLC`s enterprise agreement – the contract between members describing their relationship with each other and with the company – should set out an evaluation procedure. Enterprise agreements often determine the value of a member`s stake on the basis of fair value, which takes into account several factors, for example. B the amount that each member contributed to the total capital, the level of control of each member and the average value of an enterprise of the same size working in the same sector during the same period. The company agreement may also describe another evaluation procedure. 4.3 THE SKILLS OF MANAGERS. . . .
