PT Maxwell, L.L.C. Sample Contracts

LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF [NAME OF ENTITY]
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • Massachusetts

WHEREAS, (the “Company”) was formed on upon the filing of the Certificate of Organization with the Commonwealth of Massachusetts;

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AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF [NAME OF ENTITY]
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders

This Amended and Restated Limited Liability Company Operating Agreement (the “Agreement”) is entered into as of this day of , by (the “Sole Member”).

SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF MARTINSBURG VENTURES, L.L.C.
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • Virginia

This Second Amended and Restated Limited Liability Company Operating Agreement (the “Agreement”) is entered into as of this 4th day of August, 2008 by Toll Land XXI Limited Partnership, a Virginia limited partnership (the “Sole Member”).

LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • New Jersey

This Limited Liability Company Operating Agreement (the “Agreement”) is entered into as of this 26th day of March, 2010 by Hoboken Land LP, a New Jersey limited partnership (the “Sole Member”).

LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF [NAME OF ENTITY]
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • Delaware

NOW THEREFORE, THE SOLE MEMBER, by execution of this Agreement, hereby continues the Company as a limited liability company pursuant to the Delaware Limited Liability Company Act (the “Act”), upon the following terms and conditions:

LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF TOLL TX NOTE LLC
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • Texas

This Limited Liability Company Operating Agreement (the “Agreement”) is made effective as of the 12th day of April, 2010 by Toll Dallas TX LLC, a Texas limited liability company (the “Sole Member”).

LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF [NAME OF ENTITY]
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • Texas

This Limited Liability Company Operating Agreement (the “Agreement”) is entered into as of this day of , by Toll TX GP Corp., a Delaware corporation and Toll Southwest LP Company, Inc., a Delaware corporation (individually, a “Member” and collectively, the “Members”).

FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF PT MAXWELL, L.L.C.
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders

THIS FIRST AMENDMENT TO FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT (the “Amendment”) is entered into as of February 16, 2011 by PT Maxwell Holdings, LLC, a New Jersey limited liability company (“Holdings”).

FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF PT MAXWELL, L.L.C.
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • New Jersey

This Fourth Amended and Restated Limited Liability Company Operating Agreement (the “Restated Agreement”) is entered into as of this 22nd day of November, 2010 by PT Maxwell Holdings, LLC, a New Jersey limited liability company (the “Sole Member”).

AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF PT MAXWELL HOLDINGS, LLC
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • New Jersey

This Amended and Restated Limited Liability Company Operating Agreement (the “Restated Agreement”) is entered into as of this 29th day of March, 2006 by Toll Hudson LP, a New Jersey limited partnership, and Toll Hoboken LLC, a Delaware limited liability company (collectively, the “Members”).

SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF TOLL JUPITER LLC
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders • Florida

This Second Amended and Restated Limited Liability Company Operating Agreement (the “Agreement”), is entered into as of this 21st day of December, 2010 by Toll Holdings, Inc., a Delaware corporation (the “Sole Member”).

FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF TOLL TX NOTE LLC
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders

THIS FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT (the “Amendment”) is made as of the 1st day of August, 2011 by Toll Dallas TX LLC, a Texas limited liability company (the “Sole Member”).

FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF TOLL CA NOTE I LLC
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders

THIS FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT (the “Amendment”) is made as of the 12th day of May, 2011 by Toll CA Note II LLC, a California limited liability company (the “Sole Member”).

FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF
Limited Liability Company Operating Agreement • February 24th, 2012 • PT Maxwell, L.L.C. • Operative builders

THIS FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT (the “Amendment”) is made as of the day of , by Toll TX GP Corp., a Delaware corporation and Toll Southwest LP Company, Inc., a Delaware corporation (collectively, the “Members”).

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