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HomeMy WebLinkAboutNCC204742_NOT Supporting Documents (2)_20231122 ASSIGNMENT AND TRANSFER CERTIFICATE ASSIGNMENT AND TRANSFER OF LIMITED LIABILITY COMPANY MEMBERSHIP INTEREST For value received, Lizbeth Packer Kimberly, as Executor of the Estate of Anthony W. Packer ("Transferor"), hereby sells, assigns and transfers all of Transferor's limited liability company membership interests, currently reflected on the books of the Company as 100% interest, (the "Membership Interest") in GARRON VENTURES, LLC, a North Carolina limited liability company (the "Company"), to Lizbeth Packer Kimberly (Or Her Successor), as Trustee of the Anthony W. Packer Trust U-A-D 12-14-2010, as amended and restated("Transferee"),including,but not limited to, all of the right,title and interest in and to the properties(real and personal) and capital of the Company and all distributions of cash or other property made by the Company which are allocable to its Membership Interest. Transferee hereby accepts from Transferor all of the Membership Interest. Transferee agrees to be substituted as a member in the Company in the place and stead of Transferor to the extent of the Membership Interest assigned to and accepted by Transferee as provided herein. The intent of this transfer is to evidence an estate administration settlement transfer from the Transferor to Transferee,an irrevocable trust for the benefit of the issue of Anthony W.Packer. Transferor: Lizbeth Packer Kimberly,as Executor of the Estate of Anthony W. Packer Transferee: Lizbeth Packer Kimberly (or Her Successor), as Successor Trustee of the Anthony W. Packer Trust u/a/d 12-14-2010,as amended and restated,a North Carolina irrevocable trust. Membership All of Transferor's limited liability company membership interest in the Company, Interest: currently reflected on the books of the Company as a One Hundred Percent (100%) membership interest. Effective Date: February 17,2023. Transfer Agent: Lizbeth Packer Kimberly,Executor of the Estate of Anthony W. Packer Transferor represents to Transferee that: (a) This Assignment and Transfer Certificate has been duly executed and delivered by the Transferor and is a valid and binding obligation of the Transferor, enforceable in accordance with its terms; (b) Transferor has good title to its Membership Interest, free and clear of any liens, claims, encumbrances,security interests or options and Transferee shall acquire good title to the Membership Interest,free and clear of any liens,claims, encumbrances, security interests or options; and (c) The Membership Interest represents One Hundred(100%)of the outstanding membership interest of the Company. The Membership Interests represented by this Certificate, and the transfer thereof, are subject to the provisions of the Operating Agreement of the Company, copies of which are on file in, and may be examined at, the principal office of the Company. By executing this certificate,the Transferee listed above hereby agrees to all of the terms,restrictions and conditions set forth in the Operating Agreement of the Company. 1 11336509