English to Polish Law/Patents Law (general)

"X1, LLC, is a limited liability company. It is not a corporation, has not issued to stock of any kind, and has no authority under the laws of the State of Illinois, where it is organized to issue stock or warrants of any kind. Under Illinois law, a limited liability company is owned by its members, and the membership interest of individual members may be assignable by members, and it may not assign a membership interest or any rights therein."

"The XXX Agreement grants a right to XXX to exercise certain warrants to purchase preferred stock belonging to XXX." http://www.proz.com/kudoz/english_to_polish/law_general/4808...

"X2 holds no warrants of any kind with respect to X1 and X2 is not entitled to any rights"