b'a member of the asset management entity. This is useful for people whom you want to compensate with a share of profits, such as deal-finders, employees or contractors, etc., but to whom you dont want to (or cant) give an asset management role. Note, however, that granting Class B interests without membership in the asset management entity might not work for a loan guarantor, as the bank usually wants the loan guarantor to be a member of the asset manager with a major decision-making role in management. Determining Member Percentage Interests A members percentage interests are calculated either as a percentage of their interests in a class (such as Class A or Class B) or as a percentage ofthetotalinterestsinthecompany.Unlesssupersededbyaseparate agreement, the percentage interests will determine both a members voting rights and its right to distributions, all of which will be spelled out in the operating agreement. Percentage interests are determined by dividing the percentageownedbyasinglememberinaclassagainsttheamount contributed by all members of the same class. The result is the members percentage interest in that class.If the class only owns a portion of the total interests in the syndicate or fund (such as 70%), then the members percentage interests will be further multiplied by the percentage owned by its membership class to determine its ultimate ownership percentage in the syndicate or fund.For example, if a syndicate or fund raises $1M from the sale of Class A interests, and Class A owns 70% of the syndicate: 191'