AMENDED AND RESTATED OPERATING AGREEMENT OF ULTIMATE ESCAPES HOLDINGS, LLC Dated as of October 29, 2009Operating Agreement • December 30th, 2009 • Ultimate Escapes, Inc. • Hotels & motels • Delaware
This AMENDED AND RESTATED OPERATING AGREEMENT (the “Agreement”) of Ultimate Escapes Holdings, LLC (the “Company”), dated as of October 29, 2009, is entered into by and among the Members listed on the signature pages hereof, Michael C. Doyle, as the Independent Manager (as said term is defined hereinbelow), and James Tousignant and Philip Callaghan, as the Springing Members (as said term is defined hereinbelow). Capitalized terms used herein and not otherwise defined herein shall have the meanings set forth in Section 2.1.
