OPERATING AGREEMENT OF CERTUS UNMANNED AERIAL SYSTEMS LLC, A DELAWARE LIMITED LIABILITY COMPANY, EFFECTIVE AS OF NOVEMBER 27, 2019Operating Agreement • December 4th, 2019 • Workhorse Group Inc. • Motor vehicles & passenger car bodies • Delaware
THIS OPERATING AGREEMENT (“Agreement”) of CERTUS UNMANNED AERIAL SYSTEMS LLC, a Delaware limited liability company (the “Company”), formed pursuant to the provisions of the Delaware Limited Liability Company Act (such act, as amended from time to time, or any corresponding provisions of succeeding law, the “Act”), is entered into as of November 27, 2019, (the “Effective Date”) by and between WORKHORSE GROUP INC., a Nevada corporation (“Workhorse”), and MOOG INC., a New York corporation, acting through its Aircraft Group (“Moog”), such execution to evidence the mutual agreement of the Members to implement an Operating Agreement under the provisions of the Act, for the purposes and upon the terms and conditions hereinafter set forth. Reference to an Article, Section, or paragraph means an Article, Section, or paragraph of this Agreement, unless otherwise specified.
