0001193125-04-068743 Sample Contracts

FORM OF AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT COLONY RESORTS LVH ACQUISITIONS, LLC, A NEVADA LIMITED LIABILITY COMPANY
Limited Liability Company Agreement • April 26th, 2004 • Colony Resorts LVH Acquisitions LLC • Hotels & motels • Nevada

This Amended and Restated Limited Liability Company Agreement (this “Agreement”) of Colony Resorts LVH Acquisitions, LLC, a Nevada limited liability company (the “Company”), is entered into as of , 2004, by and among Colony Resorts LVH Holdings, LLC, a Delaware limited liability company (“Holdings”), Colony Resorts LVH Co-Investment Partners, L.P., a Delaware limited partnership (“Co-Investment Partners”), Colony Resorts LVH Voteco, LLC, a Delaware limited liability company (“Voteco”), Colony Resorts LVH Coinvestment Voteco, LLC, a Delaware limited liability company (“Coinvestment Voteco”), Nicholas L. Ribis (“Ribis”) and the Employee Unit Holders (as defined below). Capitalized terms used in this Agreement are defined in Article II.

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