OBSIDION LLC OPERATING AGREEMENT
This agreement is the operating agreement hereinafter referred to as “agreement,” which establishes each executive staff member’s duties, rules, and responsibilities and all employee’s Codes and conduct.
Whereas Obsidion Group LLC, hereinafter referred to as the “company,” has set forth a company committed to providing an excellent standard of living for generations to come with the priority for everyone to have financial literacy in this ever so changing modern world.
- THE EXECUTIVE STAFF.
The executive staff consist of; –
- Chief Executive Officer – Alan Rieansnider
- Chief Operating Officer – Solomon Seahorn
Chief Finance Officer – Darius Mosley
- DUTIES AND RESPONSIBILITIES OF THE EXECUTIVE STAFF.
- Chief Executive Officer.
- Making decisions and being responsible for those decisions
- Being the face of obsidian LLC & maintaining the ideal public image
- Preserving capital for the business
- Managing any and all risk
- Create a training handbook for all employees
- Maintain Clear communication, collaboration, open-mindedness, growth mindset, ethics, creativity & innovation, fearless!
- Having a Strategic vision, forward-looking
- Design & implement business strategies, plans, and procedures
- Being Innovative
- Determination of company fees and compensation
- Chief Operating Officer
- Having a Strategic vision and being forward-looking
- Coordination of hiring staff/contractors
- Maintaining capital for their business
- Manage any and all risk
- Create a training handbook for all employees
- Maintaining Clear communication, collaboration, open-mindedness, growth mindset, ethics, creativity & innovation, fearless!
- Establish policies that promote the culture
- Design & implement business strategies, plans, and procedures.
- Leadership, business acumen, creative visionary.
- Being Innovative
- Implement an innovative way to run the business and increase revenues.
- Maintaining Staff compliance
- Determination of company fees and compensation
- Chief Finance Officer.
- Filing company taxes accurately
- Providing leadership, support, training, feedback & encouragement, reliable
- Planning and management of company affairs
- Tracking cash flow, protection of all company assets
- Having a Strategic vision, forward-looking
- Manage associated risk
- Design & implement business strategies, plans, and procedures
- Innovative accounting department
- All company spending
- Determination of company fees and compensation.
- DISPUTE RESOLUTION MECHANISM
The parties shall attempt to resolve any dispute arising out of or relating to this contract through negotiations between senior executives of the parties, who have the authority to settle the same.
If the matter is not resolved by negotiation within 30 days of receipt of a written ‘invitation to negotiate, the parties will attempt to resolve the dispute in good faith through an agreed Alternative Dispute Resolution (ADR) procedure, or in default of agreement, through an ADR procedure as recommended to the parties by the President or the Vice President, for the time being, of the Chartered Institute of
Arbitrators.
If an ADR procedure has not resolved the matter within 60 days of the initiation of that procedure, or if any party will not participate in an ADR procedure, the dispute may be referred to arbitration by any party. The seat of the arbitration shall be TBD. The arbitration shall be governed by the Arbitration Act 1996 and the Rules as agreed between the parties. Should the parties be unable to agree on an arbitrator or arbitrators, or be unable to decide on the Rules for Arbitration, any party may, upon giving written notice to other parties, apply to the CEO or the COO, and CFO for the time being, of the Chartered Institute of Arbitrators for the appointment of an Arbitrator or Arbitrators and for any decision on rules that may be necessary.
Nothing in this clause shall be construed as prohibiting a party or its affiliate from applying to a court for interim injunctive relief.”
Resolution.
“Any dispute or difference arising out of or in connection with this contract shall be determined by the appointment of a single arbitrator to be agreed between the parties, or failing agreement within fourteen days, after either party has given to the other a written request to concur in the appointment of an arbitrator, by an arbitrator to be appointed by a senior leader of the company.
- CONFIDENTIALITY.
All the terms and conditions of this Agreement and any confidential information must be kept confidential unless disclosure is required under the process of law.
The Parties agree that the confidentiality clause in this Agreement will remain active and in power even upon the termination of this Agreement.
- GOVERNING LAW.
This Agreement shall be governed by and construed by the laws of the state of Wyoming.
- FORCE MAJEURE
For this agreement, “Force Majeure” means an event which a diligent party could not have reasonably avoided in the circumstances, which is beyond the control of a party and includes,
but is not limited to war, riots, civil disorder, earthquake, storm, flood, or adverse weather conditions, strikes, lockouts or other industrial action, terrorist acts, confiscation, or any other
action by government agencies.
A Party’s failure to fulfill its obligations due to Force Majeure shall not be considered a breach of this agreement provided that the party has taken all reasonable precautions, due care, reasonable alternative measures, and minimal delay all to carry out the terms of this agreement.
IN WITNESS WHEREOF, each of the Parties has executed this Contract, as of the day and year set forth above.
Signed by; –
Alan Rieansnider ) Signature: ………………………………….
) Email Address: ……………………………
) Telephone: …………………………………
) Date: ………………………………………..
Signed by; –
Solomon Seahorn ) Signature: ………………….………………
) Email Address: ……………….…………..
) Telephone: …………………………………
) Date: ……………………………………….
Signed by; –
Darius Mosley ) Signature: ………………………………….
) Email Address: ……………………………
) Telephone: ………………………………….
) Date: ………………………………………..
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