ContractOperating Agreement • May 5th, 2020 • Delaware
Contract Type FiledMay 5th, 2020 Jurisdiction<DOCUMENT> <TYPE>EX-3.96 <SEQUENCE>3 <FILENAME>a2111951zex-3_96.txt <DESCRIPTION>EXHIBIT 3.96 <TEXT> <Page> Exhibit 3.96 AMENDED AND RESTATED OPERATING AGREEMENT FOR PLAYBOY TV INTERNATIONAL, LLC A DELAWARE LIMITED LIABILITY COMPANY This Amended and Restated Operating Agreement is made and entered into and effective as January 1, 2003 (the "EFFECTIVE DATE"), by and between its members, Playboy Entertainment Group, Inc., a Delaware corporation ("PEGI") and AdulTVision Communications, Inc. ("ADULTVISION"), a Delaware corporation, with reference to the following facts: A. On June 14, 1999, a Certificate of Formation of Playboy TV International, LLC, a limited liability company organized under the laws of the State of Delaware (the "COMPANY"), was filed with the Delaware Secretary of State. B. PEGI and Victoria Spring Investments Ltd. ("VSI") executed an operating agreement (the "INITIAL OPERATING AGREEMENT"), dated as of August 31, 1999, and the first amendment thereto, dated as of Septem