ARIZONA FIRST PARTNERS 2 LLC OPERATING AGREEMENTLLC Operating Agreement • December 17th, 2007 • Arizona
Contract Type FiledDecember 17th, 2007 JurisdictionThis Operating Agreement, effective this 7th day of December, 2007, is entered into by Arizona First Development LLC as Manager ("Manager") and as an initial Member, and all persons or entities whose subscription as a member has been accepted, as evidenced by execution of a separate Subscription Agreement to this Operating Agreement (individually as "Member" or collectively as "Members"). All parties hereto agree to the following terms and conditions.