OPERATING AGREEMENT OF AMERICAN RACING AND ENTERTAINMENT, LLCOperating Agreement • December 2nd, 2005 • Nevada Gold & Casinos Inc • Services-miscellaneous amusement & recreation • New York
This Operating Agreement (the “Agreement”) of American Racing and Entertainment, LLC (the “Company”), dated effective as of the 24th day of August, 2005, is hereby executed and agreed to, for good and valuable consideration, by Nevada Gold NY, Inc., a New York corporation, (“Nevada Gold”), TrackPower, Inc., a Wyoming corporation (“TrackPower”), and Southern Tier Acquisition II LLC, a New York limited liability company ("Southern Tier").
