THIRD AMENDED AND RESTATED OPERATING AGREEMENT OF MACRO SECURITIES DEPOSITOR, LLC (a Delaware Limited Liability Company) by MACROMARKETS LLC, as the sole Member dated as of August 17, 2007Operating Agreement • August 17th, 2007 • Claymore MACROshares Oil Up Holding Trust • Asset-backed securities • Delaware
This Third Amended and Restated Operating Agreement, (as further amended, supplemented or otherwise modified and in effect from time to time, the "Agreement") of MACRO Securities Depositor, LLC, a Delaware limited liability company (the "Company"), is made as of this 17th day of August 2007 by MacroMarkets LLC, a Delaware limited liability company ("MM"), as the only member of the Company (a "Member" and, together with any other entity that may from time to time become a member of the Company, the "Members").
