Common Contracts

OPERATING AGREEMENT OF

Operating Agreement • March 26th, 2018 • North Carolina

• Contract Type
  Operating Agreement
• Filed
  March 26th, 2018
• Jurisdiction
  North Carolina

DISCLOSURE: THE LIMITED LIABILITY COMPANY INTERESTS REFERENCED HEREIN ARE SUBJECT TO THE RESTRICTIONS ON TRANSFER AND OTHER TERMS AND CONDITIONS SET FORTH IN THIS OPERATING AGREEMENT. THE INTERESTS HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER (1) THE NORTH CAROLINA SECURITIES ACT, AS AMENDED (THE "NORTH CAROLINA ACT"), (2) ANY OTHER STATE SECURITIES LAWS, OR (3) THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "FEDERAL ACT"). NEITHER THE INTERESTS NOR ANY PART THEREOF MAY BE OFFERED FOR SALE, PLEDGED, HYPOTHECATED, SOLD, ASSIGNED, OR TRANSFERRED AT ANY TIME EXCEPT IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE OPERATING AGREEMENT AND PURSUANT TO AN (1) EFFECTIVE REGISTRATION STATEMENT UNDER THE NORTH CAROLINA ACT OR IN A TRANSACTION WHICH IS EXEMPT FROM REGISTRATION UNDER THE NORTH CAROLINA ACT OR WHICH IS OTHERWISE IN COMPLIANCE WITH THE NORTH CAROLINA ACT, (2) EFFECTIVE REGISTRATION STATEMENT UNDER ANY OTHER APPLICABLE STATE SECURITIES LAWS OR IN