Common Contracts

2 similar Operating Agreement contracts

OPERATING AGREEMENT
Operating Agreement • September 28th, 2015 • South Dakota

THIS DECLARATION AND OPERATING AGREEMENT is hereby adopted and entered into effective as of the Effective Date (as defined below) by GLACIAL LAKES CORN PROCESSORS, a South Dakota cooperative (“GLCP”), the holder of 100% of the issued and outstanding Interests (as defined below) and sole Unit Holder (as defined below) of Glacial Lakes Energy Exports Holdings, LLC (the “Company”) as of the Effective Date, and GLACIAL LAKES ENERGY, LLC, a South Dakota limited liability company (“GLE”), the sole Manager (as defined below) of the Company as of the Effective Date, pursuant to the provisions of the Act (as defined below), on the terms and conditions set forth herein.

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OPERATING AGREEMENT
Operating Agreement • September 28th, 2015 • South Dakota

THIS DECLARATION AND OPERATING AGREEMENT is hereby adopted and entered into effective as of the Effective Date (as defined below) by GLACIAL LAKES CORN PROCESSORS, a South Dakota cooperative (“GLCP”), the holder of 100% of the issued and outstanding Interests (as defined below) and sole Unit Holder (as defined below) of Glacial Lakes Energy Exports Holdings, LLC (the “Company”) as of the Effective Date, and GLACIAL LAKES ENERGY, LLC, a South Dakota limited liability company (“GLE”), the sole Manager (as defined below) of the Company as of the Effective Date, pursuant to the provisions of the Act (as defined below), on the terms and conditions set forth herein.

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