AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF IGNIS BARNETT SHALE, LLC (A Delaware Limited Liability Company) November 15, 2006Limited Liability Company • November 21st, 2006 • Ignis Petroleum Group, Inc. • Metal mining • Delaware
THIS LIMITED LIABILITY COMPANY AGREEMENT (as amended, restated, or modified, this “Agreement”) OF IGNIS BARNETT SHALE, LLC (the “Company”) is made and entered into this 15th day of November, 2006, by and between Ignis Petroleum Group, Inc., a Nevada corporation (“Ignis” and also the “Class B Member”), SPC Ignis Inc., a Delaware corporation, SPC Ignis (Onshore) LLC, a Delaware limited liability company, and SPC Ignis (Finance) LLC, a Delaware limited liability company (each a “Class A Member”) (each of Ignis and the Class A Members, a “Member” and jointly the “Members”). In consideration of the mutual covenants and agreements contained herein, the parties hereto agree as follows:
