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• <br />OPERATING AGREEMENT <br />OF <br />ROCKY MOUNTAIN AGGREGATE & CONSTRUCTION, LLC <br />THIS AGREEMENT is made and entered into this Z= day of May, 2008, by Zane Luttrell <br />of 23625 Uncompahgre Road, Montrose, Colorado 81401 and Chancey Luttrell of 21561 <br />Government Springs Road, Montrose, Colorado 81401, hereinafter referred to as "members". <br />RECITALS <br />A. Articles of Organization were filed with the Colorado Secretary of State on May 13, <br />2008 pursuant to C.R.S. 7-80-101, et. seq. <br />B. Members desire to enter into this Operating Agreement to set forth the terms and <br />conditions upon which they will operate the limited liability company. <br />NOW, THEREFORE, the members agree as follows: <br />1. Name of Co=an y. The name of the Company shall be Rocky Mountain Aggregate <br />& Construction, LLC (the "Company"). <br />• 2. Principal Place of Business. The principal office of the Company shall be at 23625 <br />Uncompahgre Road, Montrose, Colorado 81401. <br />3. Term. The Company shall exist for a term of twenty-five (25) years from the date <br />hereof, and year-to-year thereafter until terminated by the consent of a majority in interest of the <br />members or by operation of law. <br />4. Pu ose. The purpose of the Company is to buy and sell gravel and such other related <br />activities as are necessary concerning the company's business, and all other legal activities. <br />5. Contributions. The initial capitalization of the Company shall be $1,000.00, which <br />shall be contributed by each of the members as follows: <br />Zane Luttrell $400.00 <br />Chauncey Luttrell $600.00 <br />Total Capital S1,000.00 <br />