- 20 - $160,825.87. Also, on that date, Ms. Moore executed (1) a “Certificate of Limited Liability Company Interest in the Surgery Center of Georgia, LLC”, in which she certifies to her ownership of a “12% limited liability company interest * * * in [the LLC],” and (2) an “Irrevocable Member Interest Power” pursuant to which she states that she “does hereby sell * * * to [Surgicoe] a 12% interest as a member in [the LLC]” and appoints a named attorney to transfer that interest on the LLC’s books. Assignment and Assumption Agreement In 2000, in connection with, and sometime before, the July 28, 2000, closing of the sale of the LLC membership interests to Surgicoe, Drs. Joffe and McKernan and Ms. Moore executed an “Assignment and Assumption Agreement * * * made and entered into and effective as of the 1st day of January, 1997” (the assignment and assumption agreement or, sometimes, just the agreement), whereby Dr. Joffe, “in consideration of the continued services of * * * [Dr. McKernan and Ms. Moore] and other good and valuable consideration”, transferred a 10-percent membership interest in the LLC to Dr. McKernan and a 10-percent membership interest in the LLC to Ms. Moore. The last sentence of the agreement, just before the signatures of Drs. Joffe and McKernan and Ms. Moore, reads: “IN WITNESS WHEREOF, the parties have executed this Agreement under seal to be effective as of the date [January 1, 1997] first above written.” The agreement states that it is “aPage: Previous 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 NextLast modified: November 10, 2007