FIRST AMENDMENT TO
OPERATING AGREEMENT FOR
LV-H&M, L.L.C.
WHEREAS, the parties hereto are one of the original members of LV-H&M,
L.L.C., a Nevada limited liability company (the "Company"), who previously
adopted the Operating Agreement for LV-H&M, L.L.C. (the "Agreement") pursuant to
the Nevada Limited Liability Company Act, and a Substitute Member (as defined in
Section 1.35 of the Glossary attached to the Agreement) being admitted to the
Company pursuant to this First Amendment to the Agreement;
NOW, THEREFORE, the parties hereto adopt the following amendment to the
Agreement to reflect the admission of Xxx. Xxxxxx' Pretzel Concepts, Inc.
("MFPC") as a Substitute Member of the Company in place of the interest
previously held by H&M Concepts Ltd. Co. and the appointment of MFPC as the
Managing Member of the Company.
1. Effective as of the date hereof, Sections 2.5 and 2.6 of the Agreement are
amended and restated to read, in their entirety, as follows:
2.5 Registered Agent and Office:
The registered agent for the service of process is The
Corporation Trust Company of Nevada at Xxx Xxxx Xxxxx Xxxxxx, Xxxx,
Xxxxxx 00000. The Managing Member may, from time to time, change the
registered agent or office by appropriate filings with the Secretary of
State. If the Managing Member shall fail to designate a replacement
registered agent or change of address of the registered office, any
Member may designate a replacement registered agent or file a notice of
change of address by appropriate filings with the Secretary of State.
2.5 Principal Office:
The principal office of the Company shall be located at 000 X.
Xxxxxxx Xxxxx, Xxxx Xxxx Xxxx, Xxxx 00000. The Managing Member may,
from time to time, change the principal office of the Company as it
shall in its sole discretion determine by Notice to the Members.
2. Effective as of the date hereof, Section 1.21 of the Glossary attached to the
Agreement is amended and restated to read, in its entirety, as follows:
1.21 Managing Member, Manager:
Managing Member shall mean Xxx. Xxxxxx' Pretzel Concepts, Inc.
IN WITNESS WHEREOF, the parties hereto have set their hands this day of
_____________________, -------- 1997.
MEMBERS
XXX. XXXXXX' PRETZEL CONCEPTS, INC.
By
Its: Xxxx X. Xxxxxx