FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENTLimited Liability Company Operating Agreement • August 10th, 2015 • Man FRM Managed Futures Strategies LLC • Commodity contracts brokers & dealers • Delaware
THIS FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT (“Agreement”) of Man FRM Managed Futures Strategies LLC (the “Fund”) is entered into the 6th day of August, 2015, with effect from May 1, 2015, by and among FRM Investment Management (USA) LLC, a Delaware limited liability company (the “Manager”), and those persons who shall invest in the units of limited liability company interest (“Units”) created pursuant to this Agreement and are admitted as members of the Fund and subject to the terms of this Agreement (such members being hereinafter sometimes referred to collectively as “Members”; provided, that for purposes of voting, Units held by the Manager shall not be considered to be held by a Member).
