0001193125-05-103017 Sample Contracts

OPERATING AGREEMENT OF HUGHES BUILDING MATERIALS HOLDINGS, LLC
Operating Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Florida

This Operating Agreement (this “Agreement”) of Hughes Building Materials Holdings, LLC, is entered into effective as of the 22nd day of November, 2004, by Hughes Building Materials Group, Inc. f/k/a WCC Merger Corporation, as the sole member of the limited liability company (the “Member”).

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AGREEMENT OF LIMITED PARTNERSHIP OF HUGHES BUILDING MATERIALS, LTD.
Agreement of Limited • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Florida

This Agreement of Limited Partnership of Hughes Building Materials, Ltd., a Florida limited partnership (this “Agreement”), is entered into by and among Hughes GP & Management, Inc., a Delaware corporation, as general partner (the “General Partner”), and Hughes Building Materials Holdings, LLC, a Florida limited liability company, as limited partner (the “Limited Partner”). The General Partner and the Limited Partner are referred to collectively as the “Partners”, and the terms “General Partner” and “Limited Partner” shall refer also to additional general partners and limited partners, respectively, as may become parties to this Agreement.

LIMITED LIABILITY COMPANY AGREEMENT OF PRO VALUE, LLC
Limited Liability Company Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Delaware

LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of Pro Value, LLC, is entered into effective as of the 14th day of June, 2004, by Hughes Supply Shared Services, Inc., as the sole member of the limited liability company (the “Member”).

OPERATIVE AGREEMENT OF UTILITY PRODUCTS SUPPLY COMPANY, LLC A Colorado Limited Liability Company Dated Effective as of August 8, 2001
Operating Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Colorado

This Operating Agreement (this “Agreement”) is entered into as of August 8, 2001, by and among the Members executing this Agreement, and such other Persons as may hereafter be admitted as Members in accordance with this Agreement. The initial Members are Western States Electric, Inc., an Oregon corporation (“Western States”) and Southwest Power, Inc., a California corporation (“Southwest Power”) and their addresses and respective Capital Contributions are as stated in Exhibit A attached to this Agreement.

LIMITED LIABILITY COMPANY AGREEMENT OF SWS ACQUISITION, LLC A DELAWARE LIMITED LIABILITY COMPANY Effective as of December 17, 2002
Limited Liability Company Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Delaware

L&T of Delaware, Inc., a Delaware corporation, with its sole place of business at 1403 Foulk Road, Suite 102, Foulkstone Plaza, Wilmington, Delaware 19803 (the “Member”).

AGREEMENT OF LIMITED PARTNERSHIP OF SOUTHWEST STAINLESS, L.P.
Hughes MRO, Ltd. • May 10th, 2005 • Wholesale-hardware & plumbing & heating equipment & supplies • Delaware

This Agreement of Limited Partnership of Southwest Stainless, L.P., a Delaware Limited Partnership (this “Agreement”), is entered into by and among Z&L Acquisition Corp., a Delaware corporation, as general partner (the “General Partner”), and Z&L Acquisition Corp. of Delaware, Inc., a Delaware corporation, as limited partner (the “Limited Partner”). The General Partner and the Limited Partner are referred to collectively as the “Partners”, and the terms “General Partner” and “Limited Partner” shall refer also to additional general partners and limited partners, respectively, as may become parties to this Agreement.

AGREEMENT OF LIMITED PARTNERSHIP OF HUGHES WATER & SEWER, LTD.
Hughes MRO, Ltd. • May 10th, 2005 • Wholesale-hardware & plumbing & heating equipment & supplies • Florida

This Agreement of Limited Partnership of Hughes Water & Sewer, Ltd., a Florida limited partnership (this “Agreement”), is entered into by and among Hughes GP & Management, Inc., a Delaware corporation, as general partner (the “General Partner”), and Hughes Water & Sewer Holdings, LLC, a Florida limited liability company, as limited partner (the “Limited Partner”). The General Partner and the Limited Partner are referred to collectively as the “Partners”, and the terms “General Partner” and “Limited Partner” shall refer also to additional general partners and limited partners, respectively, as may become parties to this Agreement.

LIMITED LIABILITY COMPANY AGREEMENT OF SWS FUNDING, LLC
Limited Liability Company Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Delaware

L&T of Delaware, Inc., a Delaware corporation, with its sole place of business at 1403 Foulk Road, Suite 102, Foulkstone. Plaza, Wilmington, Delaware 19803 (the “Member”).

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF HUGHES MRO HOLDINGS, LLC
Limited Liability Company Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Delaware

This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of Hughes MRO Holdings, LLC, is entered into effective as of the 31st day of December, 2004, by Hughes MRO Group, Inc., a Delaware corporation f/k/a Century Maintenance Supply, Inc., as the sole member of the limited liability company (the “Member”).

Form of Exchange Agent Agreement
Exchange Agent Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • New York

Hughes Supply, Inc., a Florida corporation (the “Company”) proposes to make an offer (the “Exchange Offer”) to exchange all of its outstanding 5.50% Senior Notes Due 2014 (the “Old Securities”) for its 5.50% Senior Notes Due 2014 which have been registered under the Securities Act of 1933, as amended (the “New Securities”). The terms and conditions of the Exchange Offer as currently contemplated are set forth in a prospectus (the “Prospectus”), proposed to be distributed to all record holders of the Old Securities. The Old Securities and the New Securities are together referred to herein as the “Securities.”

LIMITED LIABILITY COMPANY AGREEMENT OF HSI FUNDING, LLC A DELAWARE LIMITED LIABILITY COMPANY Effective as of January 29, 2003
Limited Liability Company Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Delaware

HSI Holdings, Inc., a Delaware corporation, with its sole place of business at Harbour Centre, Fourth Floor, George Town, Grand Cayman, Cayman Islands; and

AGREEMENT OF LIMITED PARTNERSHIP OF HUGHES PLUMBING SUPPLY, LTD.
Agreement of Limited Partnership • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Florida

This Agreement of Limited Partnership of Hughes Plumbing Supply, Ltd., a Florida limited partnership (this “Agreement”), is entered into by and among Hughes GP & Management, Inc., a Delaware corporation, as general partner (the “General Partner”), and Hughes Plumbing Holdings, LLC, a Florida limited liability company, as limited partner (the “Limited Partner”). The General Partner and the Limited Partner are referred to collectively as the “Partners”, and the terms “General Partner” and “Limited Partner” shall refer also to additional general partners and limited partners, respectively, as may become parties to this Agreement.

OPERATING AGREEMENT OF HUGHES UTILITIES HOLDINGS, LLC
Operating Agreement • May 10th, 2005 • Hughes MRO, Ltd. • Wholesale-hardware & plumbing & heating equipment & supplies • Florida

This Operating Agreement (this “Agreement”) of Hughes Utilities Holdings, LLC, is entered into effective as of the 22nd day of November, 2004, by Hughes Utilities Group, Inc. f/k/a Utiliserve Holdings, Inc., as the sole member of the limited liability company (the “Member”).

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