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Operating Agreement for a Limited Liability Company

OPERATING AGREEMENT FOR
ABC LIMITED LIABILITY COMPANY
THIS OPERATING AGREEMENT (these "Articles") is made as of the ^ day of ^, 19^ by
and among the signatories identified on the signature pages hereto.
IN CONSIDERATION OF the mutual promises of the parties hereto and other good and
valuable consideration, receipt and adequacy of which is hereby acknowledged, it is mutually
agreed by and between the parties hereto as follows:
1.

NAME

The name of the limited liability company shall be "^ Limited Liability Company."
2.

PURPOSE

The purpose for which the limited liability company is formed is to acquire interests in
certain parcels of real property located in Illinois and various other states of the United States of
America, as is more fully described in Schedule I hereto as amended from time to time, and to
do and engage in any and all other things and activities incident to the acquisition, holding,
management, operation, leasing,