PZ - Third Amended and Restated Operating Agreement NAM THIRD AMENDED AND RESTATED OPERATING AGREEMENT
FOR
NORTH AMERICAN MANAGEMENT, LLC
This Third Amended and Restated Operating Agreement ("Agreement") is effective as of January 1, 2020
(the "Effective Date")and made by and among the parties listed on the signature page hereof("Parties")
with reference to the following facts:
A. On October 1, 2002, Articles of Organization of North American Management, LLC ("the
Company"), a limited liability company organized under the laws of the State of Utah, were filed
with Utah State of Utah Department of Commerce and the Members of the company entered into
an Operating Agreement(the "Original Agreement")for the Company on October 12002.
B. WHEREAS on January 1, 2014 the parties adopted the First Amended and Restated Operating
Agreement which set forth the following changes to the Original Agreement:
Section 5.1 was changed to read:
5.1 Management. The Company shall managed as set forth in the Articles and the
management is vested in the managers. As at the Effective pate the co-managers are John
Robertson and James Petersen and each alone have the power to transact the business of the
Company.
NOW THEREFORE,the parties by this agreement set forth the following changes to the Second Amended
and Restated Operating Agreement:
5.1 Management. The Company shall managed as set forth in the Articles and the
management is vested in the managers. As at the Effective Date the co-managers are John
Robertson, James Petersen and Glen Yates and each alone have the power to transact the
business of the Company.
3. All other parts and sections of the Original Agreement and the First and Second Amended and
Restated Operating Agreements remain unchanged and are in full force as at the Effective Date.
IN WITNESS WHEREOF,the parties have executed the Agreement as of the Effective Date.
GOLD STREAM, LLC
A Utah limit ability Company
By
Its:
ALM Holdings LLC
By: G
Its: � � L