SECOND AMENDED AND RESTATED OPERATING AGREEMENT OF ELLINGTON FINANCIAL LLC Dated as of July 1, 2009Operating Agreement • November 3rd, 2009 • Ellington Financial LLC • Real estate • Delaware
This SECOND AMENDED AND RESTATED OPERATING AGREEMENT (the “Agreement”) shall be effective as of the 1st day of July, 2009 and is entered into by Ellington Financial LLC, a Delaware limited liability company (the “Company”), Ellington Financial Management LLC, a Delaware limited liability company (the “Manager”), and any other Persons who are or hereafter become Members in the Company or parties hereto as provided herein. This Agreement supersedes and replaces in its entirety, from and after the effective date hereof, that certain Amended and Restated Operating Agreement of the Company dated as of the 17th day of August, 2007 (the “First Amended and Restated Operating Agreement”). Capitalized terms used in this Agreement without definition shall have the respective meanings specified in Section 1.10 and, unless otherwise specified, article and section references used herein refer to Articles and Sections of this Agreement.
INDEMNITY AGREEMENTIndemnity Agreement • November 3rd, 2009 • Ellington Financial LLC • Real estate • Delaware
This Indemnification Agreement (“Agreement”) is made as of October , 2009, by and between ELLINGTON FINANCIAL LLC, a Delaware limited liability company (the “Company”), and (“Indemnitee”).
