Document:

EXHIBIT 10.19

THE  INTERESTS  IN THE LIMITED  LIABILITY  COMPANY  THAT IS  REGULATED  BY THESE
REGULATIONS  HAVE NOT BEEN  REGISTERED  UNDER  THE  SECURITIES  ACT OF 1933,  AS
AMENDED,  OR THE COLORADO  SECURITIES AND INVESTOR PROTECTION ACT, AND ARE BEING
OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF
SUCH ACTS. THE INTERESTS MAY NOT BE SOLD,  TRANSFERRED,  PLEDGED OR HYPOTHECATED
WITHOUT REGISTRATION UNDER SUCH ACTS OR AN OPINION OF COUNSEL THAT SUCH TRANSFER
MAY BE LEGALLY AFFECTED WITHOUT SUCH  REGISTRATION.  ADDITIONAL  RESTRICTIONS ON
TRANSFER AND SALE ARE SET FORTH IN THESE REGULATIONS.
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                               OPERATING AGREEMENT

                                       OF

                              THREE FORKS LLC NO. 2

                      A COLORADO LIMITED LIABILITY COMPANY

         THIS  OPERATING  AGREEMENT is made  effective as of December 1, 2013 by
and among the Owners of the Company, Three Forks LLC No 2.

                             ARTICLE I - DEFINITIONS

         The following  terms used in this  Operating  Agreement  shall have the
following meanings unless otherwise expressly provided herein:

"ADDITIONAL  OWNER"  shall mean any Person or Entity who is or which is admitted
to the Company as an Additional  Owner pursuant to Title 7, Article 80, Part 701
of the Colorado Revised Statutes.

"AFFILIATE"  shall mean, with respect to any Person,  (i) any Person directly or
indirectly controlling,  controlled by or under common control with such Person,
(ii) any officer, director, shareholder, member or partner of such Person, (iii)
any person who is an officer, director, shareholder, member, partner, trustee or
employee of any Person  described in clauses (i) and (ii) of this  sentence,  or
(iv) any child,  grandchild  (whether through marriage,  adoption or otherwise),
parent,  brother, sister or spouse of a Person. For purposes of this definition,
the term  "controls,  is controlled  by, or is under common  control with" shall
mean the  possession,  direct or  indirect,  of the power to direct or cause the
direction  of the  management  and  policies  of a Person,  whether  through the
ownership of voting securities, by contract or otherwise.

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"CAPITAL  ACCOUNT" means a capital account to be established for each Owner, and
including any  transferee  of an Owner,  and  maintained in accordance  with the
rules of Code Section 704(b) and Code Regulations Section 1.704-1(b)(2)(iv),  as
amended from time to time.

In cases where Code Section 704(c) and Code Regulations Section 1.704-3 apply to
property of the Company, the Capital Accounts of the Owners shall be adjusted in
accordance with Code Regulations Section 1.704-1(b)(2)(iv)(g) for allocations to
such  Owners  of  income,  gain,  loss and  deduction  (including  depreciation,
depletion,  amortization  or other cost  recovery) as computed for book purposes
with respect to the property. Adjustment to an Owner's Capital Account hereunder
shall be made with  reference  to the Federal tax  treatment  of the item giving
rise to the  adjustment at the Company level without  regard to any elective tax
treatment of such item at the Owner's level.

In the event  any  Owner  transfers  an  Economic  Interest  in the  Company  in
accordance  with the terms of this Operating  Agreement,  the  transferee  shall
succeed to the  Capital  Account  of the  transferor  Owner to the  extent  such
Capital Account relates to such transferred  Economic  Interest.  In determining
the amount of any liability  for purposes of this section,  there shall be taken
into account Code Section 752(c) and any other applicable provisions of the Code
and Code Regulations promulgated thereunder.

"CAPITAL CONTRIBUTION" shall mean any contribution to the capital of the Company
in  cash  or   property   by  an   Owner   whenever   made.   "INITIAL   CAPITAL
CONTRIBUTION"shall  mean the initial  contribution to the capital of the Company
pursuant to this Operating  Agreement,  such value to be determined by agreement
between the parties, net of liabilities,  assumed by the Company or to which the
contributed  property is subject. The Initial Capital Contribution of each Owner
is set forth opposite such Owner's name on the attached EXHIBIT  "A.""ADDITIONAL
CAPITAL  CONTRIBUTION"shall  mean any  additional  capital  contribution  to the
capital of the Company pursuant to this Operating Agreement and that is included
in and a part of Exhibit B as amended from time to time.

"CODE" shall mean the Internal Revenue Code of 1986 or corresponding  provisions
of subsequent superseding federal revenue laws.

"COMPANY OR LLC"shall refer to this Colorado limited liability company.

"DISTRIBUTABLE  CASH" shall mean all cash,  revenues  and funds  received by the
Company from the Company operations, less the sum of the following to the extent
paid or set aside by the Company:  (i) all  principal  and interest  payments on
indebtedness  of the Company  and all other sums paid to lenders;  (ii) all cash
expenditures  incurred  incident  to  the  normal  operation  of  the  Company's
business;  and (iii)  such  cash  reserves  as the  Manager(s)  deem  reasonably
necessary to the proper operation of the Company's business.

"ECONOMIC  INTEREST" shall mean a Member's or Economic Interest Owner's share of
the Company's Net Profits,  Net Losses and distributions of the Company's assets
pursuant to this  Operating  Agreement and the Colorado  Revised  Statutes,  but

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shall not,  of itself,  include  any right to vote on,  consent to or  otherwise
participate  in any  decision of the Members or Managers.  The Initial  Economic
Interests are set forth in EXHIBIT "A" hereto.

"ECONOMIC  INTEREST OWNER" Shall mean the owner of an Economic Interest who is a
Member.

"ENTITY"shall  mean  any  general  partnership,   limited  partnership,  limited
liability  company,   corporation,   joint  venture,   trust,   business  trust,
cooperative or association.

"FISCAL YEAR"shall mean the Company's fiscal year, which shall be from January 1
to December 31.

"COLORADO STATUTES" shall mean the Colorado Revised Statutes Title 7 Article 80,
as amended.

"GROSS ASSET VALUE" means, with respect to any asset of the Company, the asset's
adjusted basis for federal income tax purposes, except as follows:

(i) The initial  Gross Asset Value of any asset  contributed  by an Owner to the
Company  shall be the gross fair market value of such asset as determined by the
contributing Owner and the Company;

(ii) The Gross  Asset  Value of all  Company  assets  shall be adjusted to equal
their  respective  gross fair market  values  (taking  into account Code Section
7701(g))  as  determined  by the  Company,  as of  the  following  times:  a)The
acquisition  of an  additional  Economic  Interest  in the Company by any new or
existing Owner in exchange for more than a de minimis Capital Contribution;

b) The  distribution by the Company to an Owner (or an assignee of an Owner with
respect to the  Owner's  Economic  Interest  in the  Company)  of more than a de
minimis  amount of Company  assets as  consideration  for the  disposition of an
interest in the Company; and

c) The liquidation of the Company within the meaning of Code Regulations Section
1.704-1(b)(2)(ii)(g).

Adjustments  pursuant to  subsections  a) and b) above shall be made only if the
Manager(s)   reasonably   determine  that  such  adjustments  are  necessary  or
appropriate  to reflect the  relative  Economic  Interests  of the Owners in the
Company;

(iii) If the Gross  Asset Value of an asset has been  determined  or adjusted as
provided in this  definitional  Section  (other than  subparagraph  (iv) below),
Gross Asset Value of the respective  asset  thereafter  shall be adjusted by the
Depreciation  taken  into  account  with  respect to the asset for  purposes  of
computing Profit and Loss;

(iv) The Gross Asset Value of any Company asset  distributed  to any Owner shall
be the gross fair market value of the  distributed  asset,  as determined by the
Company, on the date of distribution; and

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(v) The Gross Asset Value of Company assets shall be increased (or decreased) to
reflect any  adjustments to the adjusted basis of the Company assets pursuant to
Code Section 732(d), Code Section 734(b) or Code Section 743(b), but only to the
extent that such  adjustments  are taken into account in determining the Owner's
Capital Account pursuant to Code Regulations Section  1.704-1(b)(2)(iv)(m).  The
Gross Asset Value of the Company  assets,  however,  shall not be adjusted under
this  subparagraph  (v) to the  extent  that the  Manager(s)  determine  that an
adjustment  pursuant to  subparagraph  (ii) is not necessary or  appropriate  in
connection  with a  transaction  that  otherwise  would result in an  adjustment
pursuant to this subparagraph (v).

"INTERESTS"  shall mean the Economic  Interests or Voting Interests of a Member,
as the use of such  term may  imply.  For the  purposes  of a  purchase  or sale
between Members of their respective Interests in the Company, it shall mean both
the Economic Interests and the Voting Interests in the aggregate for the selling
Member.

"MANAGER"shall  mean  Three  Forks,  Inc.,  a  Colorado   corporation  upon  its
resignation,  or any other Person or Entity that succeeds any of such persons or
entities in that capacity.  References to the Manager in the singular or as him,
her,  it,  itself,  or other like  references  shall also,  where the context so
requires, be deemed to include the corporate plural or the masculine or feminine
reference, as the case may be.

"MEMBER"shall  mean each of the  parties  who  executes  a  counterpart  of this
Operating Agreement as a Member and each of the parties who may hereafter become
Additional  or Substitute  Owners having voting rights  pursuant to the terms of
this  Agreement.  Each Member shall have the right to vote his or her respective
Voting Interests set forth in EXHIBIT "B" hereto.

"NET  PROFITS"shall  mean,  for each  Fiscal  Year,  the income and gains of the
Company  determined in accordance  with the accounting  principals  consistently
applied  from year to year,  as reported,  separately  or in the  aggregate,  as
appropriate,  on the Company's  information  tax return filed for federal income
tax purposes, plus any income described in Code Section 705(a)(1)(B).

"NET LOSSES" shall mean,  for each Fiscal Year, the losses and deductions of the
Company determined in accordance with accounting principals consistently applied
from year to year as reported separately or in the aggregate, as appropriate, on
the Company's information tax return filed for federal income tax purposes, plus
any expenditures described in Code Section 705(a)(2)(B).

"OPERATING AGREEMENT" shall mean this Operating Agreement as originally executed
and as amended from time to time, and which shall  constitute the  "Regulations"
or  "Operating  Agreement" of the Company under Title 7, Article 80, Part 108 of
the Colorado Revised Statutes.

"ORGANIZATION  EXPENSES"  shall mean those expenses  incurred in connection with
the formation of the Company.

"OWNERS"  shall  mean  collectively  the  Members  and the  non-voting  Economic
Interest Owners of this Company.

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"PERSON"  shall  mean  any  individual  or  Entity,  and the  heirs,  executors,
administrators, legal representatives,  successors, and assigns of such "PERSON"
where the context so admits.

"PROFIT AND LOSS" means, for each fiscal year and other period,  an amount equal
to the Company's  taxable income or loss for such year or period,  determined in
accordance  with Code  Section  703(a) (for this  purpose,  all items of income,
gain,  loss,  or  deduction  required to be stated  separately  pursuant to Code
Section  703(a)(1)  shall be  included  in  taxable  income or  loss),  with the
following adjustments:

(i) Any income of the  Company  that is exempt from  federal  income tax and not
otherwise  taken  into  account in  computing  Profit or Loss  pursuant  to this
definition shall be added to such taxable income or loss;

(ii) Any expenditures of the Company  described in Code Section  705(a)(2)(B) of
the Code or treated as Code Section 705(a)(2)(B)  expenditures  pursuant to Code
Regulations Section 1.704-1(b)(2)(iv)(i) and not otherwise taken into account in
computing  Profit or Loss pursuant to this  definition  shall be subtracted from
taxable income or loss;

(iii) In the  event the  Gross  Asset  Value of any  Company  asset is  adjusted
pursuant to subparagraphs (ii) and (iv) of the definition of "Gross Asset Value"
hereinabove,  the amount of such adjustment  shall be taken into account as gain
or loss from the  disposition of such asset for purposes of computing  Profit or
Loss;

(iv) Gain or loss  resulting  from any  disposition  of  Company  property  with
respect to which gain or loss is  recognized  for  federal  income tax  purposes
shall be computed by reference to the Gross Asset Value of the property disposed
of,  notwithstanding  that the adjusted tax basis of such property  differs from
its Gross Asset Value;

(v)  In  lieu  of  the  depreciation,  amortization,  and  other  cost  recovery
deductions  taken into account in computing such taxable  income or loss,  there
shall be taken into account Depreciation for such fiscal year or other period;

(vi) To the extent an  adjustment to the adjusted tax basis of any Company asset
pursuant to Code Section 734(b) or Code Section  743(b) is required  pursuant to
Code  Regulations  Section  1.704-1(b)(2)(iv)(m)  to be taken  into  account  in
determining  Capital  Accounts  as a  result  of a  distribution  other  than in
liquidation of an Owner's Economic  Interest in the Company,  the amount of such
adjustment shall be treated as an item of gain (if the adjustment  increases the
basis of the asset) or loss (if the adjustment decreases the basis of the asset)
from the  disposition  of the asset and shall be taken into account for purposes
of computing Profit or Loss; and

(vii) To the extent an adjustment to the adjusted tax basis of any Company asset
pursuant to Code Section 734(b) or Code Section  743(b) is required  pursuant to
Code  Regulations  Section  1l704-1(b)(2)(iv)(m)  to be taken  into  account  in
determining  Capital  Accounts  as a  result  of a  distribution  to an Owner in
complete  liquidation of his or her interest in the Company,  the amount of such
adjustment to the Capital  Accounts  shall be treated as an item of gain (if the

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adjustment  increases  such  basis) or loss (if the  adjustment  decreases  such
basis),  and such gain or loss  shall be  specially  allocated  to the Owners in
accordance  with their Economic  Interests in the Company in the event that Code
Regulations Section  1.704-1(b)(2)(iv)(m)(2)  applies, or the Owner to whom such
distribution   was   made  in  the   event   that   Code   Regulations   Section
1.704-1(b)(2)(iv)(m)(4) applies.

"RESERVES"  shall mean,  with respect to any fiscal  period,  funds set aside or
amounts  allocated  during such period to reserves  which shall be maintained in
amounts  deemed  sufficient  by the  Manager(s)  for working  capital and to pay
taxes,  insurance,  debt  service or other  costs or  expenses  incident  to the
ownership or operation of the Company's business.

"SUBSTITUTE  OWNER"  shall mean any Person or Entity who or which is admitted to
the Company as a Substitute  Owner pursuant to Title 7 Article 80 Part 702(3) of
the Colorado Revised Statutes.

"VOTING  INTEREST" shall mean the percentage  voting interest of a Member in the
Company as set forth in EXHIBIT "B" hereto,  according to its pro rata ownership
interest.

                      ARTICLE II - FORMATION OF THE COMPANY

         2.1  FORMATION.  On December 4, 2013 the  Company  was  organized  as a
Colorado  Limited  Liability  Company under and pursuant to the Colorado Limited
Liability Company Act within the Colorado Revised Statutes. The Company is not a
partnership  (including a limited  partnership) or any other venture.  Except as
provided by law, no Member will be construed to be a partner in the Company or a
partner  of any  other  Member  or  person,  and the  Articles,  this  Operating
Agreement and the  relationships  created thereby and arising therefrom will not
be construed to suggest otherwise. The foregoing statement regarding partnership
status does not apply for purposes of  classifying  the Company as a partnership
or its Members as partners for income tax purposes  under Section  301.7701-2 of
the Income Tax Regulations  promulgated  under the Code, as such regulations may
be amended from time to time.

         2.2 NAME. The name of the Company is Three Forks LLC No. 2.

         2.3 PRINCIPAL  PLACE OF BUSINESS.  The Company may locate its places of
business and  registered  office at any other place or places as the  Manager(s)
may deem advisable from time to time.

         2.4 REGISTERED  OFFICE AND REGISTERED  AGENT. The Company's  registered
agent and its registered  office shall be at the offices of its registered agent
Michael A. Littman, Attorney at Law, at 7609 Ralston Road, Arvada, CO 80002.

         2.5 TERM.  The term of the Company  shall be for 20 years from the date
of filing  the  Articles  of  Organization  with the  Secretary  of the State of
Colorado,  unless the Company is earlier  dissolved or  continued in  accordance
with either the  provisions  of the  Articles of  Organization,  this  Operating
Agreement or the relevant Colorado Statutes.

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                      ARTICLE III - BUSINESS OF THE COMPANY

         3.1      PERMITTED BUSINESS.  The business of the Company shall be:

(a) To conduct a private offering of  approximately$9,000,000  to participate in
oil and gas exploration and production  activities  through leases,  farmouts or
other forms of participation.

(b) To exercise all other powers  necessary to or reasonably  connected with the
Company's business which may be legally exercised by limited liability companies
under the Colorado Statutes; and

(c) To engage in all activities necessary, customary, convenient, or incident to
any of the foregoing.

                   ARTICLE IV - NAMES AND ADDRESSES OF OWNERS

         The names  and  addresses  of the  initial  Owners  are as set forth in
EXHIBIT "B" hereto which will be amended from time to time as additional members
are admitted.

                   ARTICLE V - RIGHTS AND DUTIES OF MANAGER(S)

         5.1  MANAGEMENT.  The  business  and  affairs of the  Company  shall be
managed solely by its designated Manager(s),  which the Manager(s) need not be a
Member.  The Members shall from time to time select a Manager,  who shall be the
Executive and  Operating  Manager of the Company and shall have the authority to
bind the Company in all matters in the ordinary course of business. Three Forks,
Inc.  is hereby  designated  as the current  Manager  until the  resignation  or
removal  from  office or until his  successor  is  elected  and  qualified.  The
Manager(s) may, from time to time, apportion and delegate responsibilities among
the various  Manager(s).  In the event that there is only one Manager elected by
the Members,  it will automatically  become the Sole Manager.  Three Forks, Inc.
shall serve as  manager,  and shall have  authority  to bind the Company for any
consulting service obligation and for any LLC administrative function of banking
or finance.

         5.2 NUMBER,  TENURE AND  QUALIFICATIONS.  The number of Managers of the
Company shall be fixed from time to time by the Members holding a super-majority
of two-thirds  (2/3) of the Voting  Interests in a duly  constituted  meeting of
such. By signing this Operating Agreement,  the Members confirm that the Manager
is currently  Three Forks,  Inc.  Each Manager  shall hold office until the next
annual  meeting of Members or until its  successor  shall have been  elected and
qualified.  Managers  shall be elected by the Members  holding a majority of the
Voting Interests in a duly constituted  meeting of such. A Manager need not be a
resident of the State of Colorado or a Member of the Company.

         5.3 CERTAIN POWERS OF THE MANAGER(S). Without limiting the generalities
of Section 5.1 hereof,  but subject to the express  provisions  of this  Section
5.3, the Manager(s) shall have full, complete and unilateral power to do any and
all things,  including  acting through a Manager or through any duly  authorized

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manager or other agent,  except as otherwise  provided herein,  on behalf of the
Company:

(a) To acquire  oil and gas  leases,  farmouts,  or other  participation  in the
drilling, completion and production of oil and gas.

(b) To purchase  liability and other insurance to protect the Company's property
and business;

(c) To hold and own any Company real and/or  personal  properties in the name of
the Company;

(d) To  invest  any  Company  funds  temporarily  (by  way of  example  but  not
limitation) in time deposits,  short-term governmental  obligations,  commercial
paper and other investments;

(e) Upon  the  affirmative  vote of the  Members  holding  a  super-majority  of
two-thirds (2/3) of the Voting Interests, to sell or otherwise dispose of all or
substantially  all of the assets of the Company as part of a single  transaction
or  plan so long as such  disposition  is not in  violation  of or a cause  of a
default under agreement to which to Company may be bound;

(f) To execute on behalf of the Company all instruments and documents, including
without limitation,  checks, drafts, notes and other negotiable instruments,  or
documents  providing  for  the  acquisition,  or  disposition  of the  Company's
property,  assignment,  bills of sale,  and any other  instruments  or documents
necessary,  in the sole and absolute opinion of such Manager, to the business of
the Company.

(g) To employ  accountants,  legal counsel,  managing agents or other experts to
perform services for the Company and to compensate them from Company funds;

(h) To enter into any and all other  agreements  on behalf of the Company,  with
any other Person or Entity for any purpose,  in such forms as the Manager(s) may
approve; and

(i) To do and perform all other acts as may be necessary or  appropriate  to the
conduct of the Company's business.

(j)  To  appoint  a  Secretary  to  act  as  an  officer  of  the  Company,  for
administrative purposes only.

         5.4 SPECIFIC LIMITATIONS ON MANAGER(S). Notwithstanding anything to the
contrary in this Operating Agreement or the Colorado Statutes, without the prior
approval of the Members of the specific act in question,  the  Manager(s)  shall
have no right, power or authority to do any of the following acts, each of which
is considered outside of the ordinary course of Company business:

(a) Any act in contravention of this Operating Agreement;

(b) Change or reorganize the Company into any other legal form;

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(c)  (d)  Reconstitute  the  Company  and  continue  its  business  following  a
dissolution of the Company;

(e)  Knowingly  or  willingly  do any act that  would  cause the  Company  to be
classified as an  association  under Code Section 7701 taxable as a corporation,
except for such acts that are expressly provided for herein; or

(f)  Knowingly  perform any act that would  subject any Owner to  liability as a
general partner in any jurisdiction.

         Unless authorized to do so by this Operating  Agreement or by a Manager
of the Company, no Member, agent or employee of the Company shall have any power
or  authority  to bind the Company in any way, to pledge its credit or to render
it liable  pecuniary  for any  purpose.  However,  a  Manager  may act by a duly
authorized attorney-in-fact.

         5.5 LIABILITY FOR CERTAIN ACTS.  Manager(s) shall exercise its business
judgment in managing the business, operations and affairs of the Company. Unless
fraud, deceit,  gross negligence,  willful misconduct or a wrongful taking shall
be proved by a nonappealable court order, judgment, decree or decision,  Manager
shall  not be liable or  obligated  to the  Owners  for any  mistake  of fact or
judgment or the doing of any act or the failure to do any act by such Manager(s)
in conducting  the business,  operations  and affairs of the Company,  which may
cause or result in any loss or damage to the Company or its Owners. Manager does
not, in any way, guarantee the return of the Owner's Capital  Contributions or a
profit for the Owners from the  operation  of the Company.  No Manager  shall be
responsible  to any  Owner  because  of a loss of his  investments  or a loss in
operations,  unless the loss shall have been the result of fraud,  deceit, gross
negligence,  willful misconduct or a wrongful taking by such Owner proved as set
forth in this Section 5.5. Manager shall incur no liability to the Company or to
any Owner as a result of engaging in any other business or venture.

         5.6 MANAGER HAS NO  EXCLUSIVE  DUTY TO  COMPANY.  Manager  shall not be
required to manage the  Company as its sole and  exclusive  function  and he may
have other business  interests and may engage in other activities in addition to
those relating to the Company.  Neither the Company nor any Owner shall have any
right,  by virtue of this Operating  Agreement,  to share or participate in such
other  investments  or  activities  of a Manager  or to the  income or  proceeds
derived therefrom.

         5.7 BANK ACCOUNTS.  Manager may from time to time open bank accounts in
the name of the Company,  and Manager shall be a signatory  thereon,  unless the
Manager determine otherwise.

         5.8 INDEMNITY OF THE  MANAGER(S).  Manager shall be  indemnified by the
Company  under the following  circumstances  and in the manner and to the extent
indicated:

(a) In any threatened,  pending or completed action, suit or proceeding to which
a Manager was or is a party or is threatened to be made a party by reason of the
fact that it is or was a Manager of the  Company  (other than an action by or in
the right of the  Company)  involving  an alleged  cause of action  for  damages

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arising from the  performance  of his  activities on behalf of the Company,  the
Company shall  indemnify such Manager  against  expenses,  including  attorneys'
fees, judgments and amounts paid in settlement, actually and reasonably incurred
by it in connection  with such action,  suit or proceeding if a Manager acted in
good faith and in a manner it reasonably believed to be in or not opposed to the
best interests of the Company,  and provided that its conduct has not been found
by a non  appealable  court  judgment,  order,  decree or decision to constitute
gross  negligence,  willful or wanton  misconduct,  or a breach of its fiduciary
obligations to the Owners. The termination of any action,  suit or proceeding by
judgment,  order, or settlement shall not, of itself,  create a presumption that
such  Manager  did not act in good  faith  and in a manner  which it  reasonably
believed to be in or not opposed to the best interests of the Company.

(b) To the extent a Manager has been  successful  on the merits or  otherwise in
defense of any action,  suit or proceeding  referred to in  subparagraph  5.8(a)
above, or in defense of any claim,  issue or matter  therein,  the Company shall
indemnify such Manager against the expenses, including attorneys' fees, actually
and reasonably incurred by him in connection therewith.

(c) The  indemnification  set forth in this paragraph  shall in no way cause the
Owners to incur any  liability  beyond their total  Capital  Contributions  plus
their share of any undistributed  profits of the Company, nor shall it result in
any liability of the Owners to any third party.

         5.9  RESIGNATION.  Manager  of the  Company  may  resign at any time by
giving written notice to the Members of the Company.  The  resignation of such a
Manager  shall take effect upon  receipt of the notice  thereof or at such later
time as shall be  specified  in such  notice;  and  unless  otherwise  specified
therein,  the acceptance of such  resignation  shall not be necessary to make it
effective.

         5.10  REMOVAL.  At a  meeting  called  expressly  for that  purpose,  a
Manager,  may be removed  at any time,  with or without  cause,  by the  Members
holding a  super-majority  of two-thirds (2/3) of the Voting Interests in a duly
constituted  meeting of such. The removal of Three Forks,  Inc. as Manager shall
not effect Three Forks, Inc.'s carried interest in the project.

         5.11 VACANCIES.  Any vacancy  occurring for any reason in the number of
Managers of the Company shall be filled by the Members holding a  super-majority
of two-thirds  (2/3) of the Voting  Interests in a duly  constituted  meeting of
such. Any Manager's position to be filled by reason of an increase in the number
of Managers  shall be filled by the  affirmative  vote of the Members  holding a
super-majority of two-thirds (2/3) of the Voting Interests in a duly constituted
meeting of such.  A Manager  elected to fill a vacancy  shall be elected for the
unexpired  term of his  predecessor  in office and shall hold  office  until the
expiration  of such term and  until his  successor  shall be  elected  and shall
qualify, or until his earlier death, resignation or removal. A Manager chosen to
fill a position  resulting from an increase in the number of Managers shall hold
office until the next annual meeting of Members and until his successor shall be
elected and qualify, or until his earlier death, resignation or removal.

         5.12 SALARIES.  The salaries and other compensation of Manager shall be
fixed from time to time by the Members  holding a  super-majority  of two-thirds
(2/3) of the Voting  Interests  in a duly  constituted  meeting of such,  and no

                                      -10-
<PAGE>

Manager shall be prevented from receiving such salary by reason of the fact that
he is also a Member of the Company.  As  compensation  for acting as Manager the
Company shall pay Three Forks, Inc. from operations a reasonable fee considering
the area of operations.

         5.13 OTHER  OFFICES.  The Manager may elect such other officers such as
President, Vice President, Secretary and Treasurer, as they deem appropriate and
the Manager(s) shall set the duties of such officers.

         5.14 RIGHT TO RELY ON OFFICERS.  No Person or governmental body dealing
with the  Company  shall be  required  to inquire  into,  or to obtain any other
documentation  as to,  the  authority  of any  officer  acting  on behalf of the
Company.  Furthermore,  any Person or governmental body dealing with the Company
may rely upon a  certificate  signed by any  officer  of the  Company  as to the
following:

(a) The identity of the Manager(s) and Owners;

(b) The  existence  or  nonexistence  of any fact or  facts  that  constitute  a
condition  precedent  to acts by the  officer  or that are in any  other  manner
directly  or  indirectly  related to or  otherwise  involve  the  affairs of the
Company;

(c) The Persons who are  authorized  to execute  and deliver any  instrument  or
document of the Company; or

(d) Any act or failure  to act by the  Company  on any other  matter  whatsoever
involving the Company or any Owner.

                 ARTICLE VI - RIGHTS AND OBLIGATIONS OF MEMBERS

         6.1 LIMITATION OF LIABILITY. Each Owner's liability shall be limited as
set forth in the Colorado Statutes and other applicable law.

         6.2 COMPANY DEBT LIABILITY.  An Owner will not personally be liable for
any  debts  or  losses  of the  Company  beyond  his or her  respective  Capital
Contributions, except as provided in Section 6.6 herein or as otherwise required
by law.

         6.3 LIST OF OWNERS.  Upon written request of any Owner,  the Manager(s)
shall provide a list showing the names, addresses and interests of all Owners in
the Company.

         6.4 APPROVAL OF SALE OF ASSETS. The Members holding a super-majority of
two-thirds (2/3) of the Voting Interests shall have the right,  voting in a duly
constituted meeting of such, to approve the sale, exchange, or other disposition
of all, or substantially all, of the Company's assets.

         6.5 COMPANY BOOKS. Manager shall maintain and preserve, during the term
of the Company,  and for five (5) years  thereafter,  all accounts,  books,  and
other relevant Company documents. Upon request, each Owner shall have the right,

                                      -11-
<PAGE>

during ordinary  business  hours, to inspect and copy such Company  documents at
the Owner's expense.

         6.6 PRIORITY AND RETURN OF CAPITAL.  No Owner shall have  priority over
any other Owner,  either as to the return of Capital  Contributions or as to Net
Profits, Net Losses or distributions; provided that this Section shall not apply
to loans (as distinguished from Capital  Contributions)  which an Owner has made
to the Company.

                        ARTICLE VII - MEETINGS OF MEMBERS

         7.1 ANNUAL MEETING.  The annual meeting of the Members shall be held at
such  time and  place  as shall be  determined  by  resolution  of the  Members,
commencing with the year following the year of this  Agreement,  for the purpose
of the transaction of such business as may come before the meeting.

         7.2 SPECIAL MEETINGS.  Special meetings of the Members, for any purpose
or  purposes,  unless  otherwise  prescribed  by  statute,  may be called by the
Manager or the Manager(s)  upon written  request of Members of record holding in
the  aggregate  ten percent  (10%) or more of the Voting  Interests  entitled to
vote,  such written  request to state the purpose or purposes of the meeting and
to be delivered to the Manager or the Manager(s).

         7.3 PLACE OF MEETINGS.  The Manager or the Manager(s) may designate any
place, either within or outside the State of Colorado as the place of meeting or
any meeting of the Members.  If no designation is made, or if a special  meeting
be otherwise  called,  the place of meeting shall be the principal office of the
Company in the State of Colorado.

         7.4 NOTICE OF  MEETINGS.  Except as  provided  in Section  7.5  hereof,
written notice stating the place, day and hour of the meeting and the purpose or
purposes for which the meeting is called  shall be given by or at the  direction
of the  Manager(s)  or Members of record  holding in the  aggregate  ten percent
(10%) or more of the Voting  Interests  entitled to vote,  not less than two (2)
nor more than fifty (50) days before the date fixed for such meeting;  except if
the Economic Interests are to be affected in any manner, directly or indirectly,
at least  ten (10) days  notice  shall be given.  A waiver  of such  notice,  in
writing, signed by the Person or Persons entitled to said notice, whether before
or after the time stated  herein,  shall be deemed  equivalent  to such  notice.
Except as otherwise required by statute,  notice of any adjourned meeting of the
Members  shall not be  required.  If mailed,  such notice  shall be deemed to be
delivered.

         7.5 MEETING OF ALL MEMBERS.  If all the Members  shall meet at any time
and place,  either  within or outside the State of Colorado,  and consent to the
holding of a meeting at such time and place, such meeting shall be valid without
call or notice, and at such meeting lawful action may be taken.

         7.6 RECORD DATE.  For the purpose of  determining  Members  entitled to
notice of or to vote at any meeting of Members or any  adjournment  thereof,  or
Members entitled to receive payment of any  distribution,  or in order to make a
determination of Members for any other purpose,  the date on which notice of the
meeting  is  mailed  or  the  date  on  which  the  resolution   declaring  such

                                      -12-
<PAGE>

distribution  is adopted,  as the case may be, shall be the record date for such
determination  of Members.  When a determination  of Members entitled to vote at
any  meeting  of  Members  has  been  made as  provided  in this  Section,  such
determination shall apply to any adjournment thereof.

         7.7 QUORUM. The majority of the Voting Interests  represented in person
or by proxy, shall constitute a quorum at any meeting of Members. In the absence
of a quorum at any such  meeting,  the Member so  represented  may  adjourn  the
meeting  from time to time for a period not to exceed  sixty  (60) days  without
further notice. However, if the adjournment is for more than sixty (60) days, or
if after the adjournment a new record date is fixed for the adjourned meeting, a
notice of the  adjourned  meeting  may be given to Member or record  entitled to
vote at the meeting.

         At such  adjourned  meeting  at which a  quorum  shall  be  present  or
represented,  any business may be transacted which might have been transacted at
the  meeting as  originally  noticed.  The Members  present at a duly  organized
meeting may continue to transact business until adjournment, notwithstanding the
withdrawal  during such meeting of that number of Voting Interests whose absence
would cause less than a quorum.

         7.8  VOTING.  Except as may  otherwise  be  provided by statute or this
Operating Agreement, Member shall at every meeting of the Members be entitled to
vote that percentage in Voting Interests,  as shown on the attached EXHIBIT "B",
in person or by proxy,  then held by such Member.  No proxy,  however,  shall be
voted on after eleven (11) months from its date, unless the proxy provides for a
longer period.

         7.9 MANNER OF ACTING. If a quorum is present, the affirmative vote of a
majority of the Voting Interests represented at the meeting and entitled to vote
on the  subject  matter  shall be the act of the  Members,  unless the vote of a
greater or lesser  proportion  or number is  otherwise  required by the Colorado
Statutes, by the Articles of Organization, or by this Operating Agreement.

         7.10 PROXIES.  At all meetings of Members,  a Member may vote in person
or  by  proxy  executed  in  writing  by  the  Member  or by a  duly  authorized
attorney-in-fact.  Such proxy shall be filed with the  Manager(s) of the Company
before or at such time of the meeting. No proxy shall be valid after eleven (11)
months from the date of its execution, unless otherwise provided in the proxy.

         7.11 ACTION BY MEMBERS WITHOUT A MEETING.  Action required or permitted
to be taken at a meeting of Members may be taken without a meeting if the action
is evidenced by one or more written consents describing the action taken, signed
by Member  entitled  to vote and  delivered  to the  Manager of the  Company for
inclusion  in the minutes or for filing with the Company  records.  Action taken
under this  Section  7.11 is  effective  when all Members  entitled to vote have
signed the consent, unless the consent specifies a different effective date. The
record date for  determining  Members  entitled to take action without a meeting
shall be the date that the first Member signs a written consent.

                                      -13-
<PAGE>

         7.12  WAIVER OF NOTICE.  When any notice is required to be given to any
Member,  a waiver  therefore  in writing  signed by the Person  entitled to such
notice,  whether  before,  at,  or  after  the  time  stated  therein,  shall be
equivalent to the giving of such notice.

        ARTICLE VIII - CONTRIBUTIONS TO THE COMPANY AND CAPITAL ACCOUNTS

         8.1 MANAGERS  INITIAL  CAPITAL  CONTRIBUTIONS.  Three Forks,  Inc. will
serve as Manager but will not make any Capital  Contributions  to the LLC. Three
Forks,  Inc. will retain a 25 percent working  interest in each of the projects.
The LLC will pay for 100 percent of the LLC associated  costs of exploration and
production and will receive 75 percent of the working  interest  revenue.  Three
Forks, Inc. will pay the cost of acquiring the leasehold  interest be it a lease
or  farmout.  Three  Forks,  Inc.  will pay 25  percent  of the lease  operating
expenses.  Three Forks Inc. will also collect  reasonable  management fees which
will be customary for the area of  operations.  It is  anticipated  that the LLC
will  participate  in  exploration  and  production  in at least three  separate
leases, two in Texas and one in Colorado.

         Three Forks,  Inc. shall also receive a 15 percent back in after payout
to the LLC.

         8.2 CAPITAL  CONTRIBUTIONS.  The joining  members  shall,  make Capital
Contributions  of  $25,000  per  unit  (in  accordance  with  the  terms of this
Operating  Agreement)  to  capitalize  the  business  of  the  Company  and  its
investment.  Each member shall sign a Joinder  Agreement as evidence of agreeing
to the terms hereof.

         8.3 THIRD  PARTY  INVESTORS.  If any of the  total  amount of a Capital
Contribution  required by the Company is not  collected by the Company  within a
reasonable  amount of time after such  request is made of the  Owners,  then the
Manager  will be  permitted to offer  Economic  Interests to third  parties upon
terms no more  favorable than those offered  previously to the Owners.  Any such
sale of Economic  Interests to third parties must be made in accordance with the
terms of this  Operating  Agreement,  including  without  limitation  Article 13
hereof.

         8.4 RETURN OF CAPITAL  CONTRIBUTIONS.  No Owner  shall be  entitled  to
withdraw  or demand the return of any part of his  capital  contribution  except
upon  dissolution  of the  Company  and as  specifically  provided  for in  this
Operating Agreement.

         8.5      CAPITAL ACCOUNTS.

(a) A separate  Capital Account will be maintained for each Owner.  Each Owner's
Capital Account will be INCREASED by (1) the amount of money contributed by such
Owner  to  the  Company;  (2)  the  fair  market  value  of  property  or  other
consideration  contributed  by such  Owner to the  Company  (net of  liabilities
secured by any contributed  property that the Company is considered to assume or
take  subject  to under Code  Section  752);  and (3) the amount of Net  Profits
allocated to such Owner.  Each Owner's  Capital Account will be DECREASED by (1)
the  amount of money  distributed  to such  Owner by the  Company;  (2) the fair
market  value of  property  distributed  to such  Owner by the  Company  (net of

                                      -14-
<PAGE>

liabilities  secured by such distributed  property that such Owner is considered
to assume or take subject to under Code Section 752);  and (3) the amount of Net
Losses allocated to such Owner.

(b) In the event of a permitted  sale or exchange of an Economic  Interest,  the
Capital  Account  of the  transferor  shall  become the  Capital  Account of the
transferee to the extent it relates to the transferred interest.

(c) The manner in which Capital  Accounts are to be maintained  pursuant to this
Section 8.5 is intended to comply with the  requirements  of Code Section 704(b)
and the Treasury Regulations promulgated thereunder.

(d)  Upon  liquidation  of the  Company  (or  any  Owner's  Economic  Interest),
liquidating  distributions  will be made in accordance with the positive Capital
Account  balances of the Owners,  as  determined  after taking in to account all
Capital  Account  adjustments  for the  Company's  taxable year during which the
liquidation occurs.  Liquidation proceeds will be paid within sixty (60) days of
the date of the end of the taxable year (or, if later,  within 90 days after the
date of liquidation).

         8.6  WITHDRAWAL OR REDUCTION OF OWNERS'  CONTRIBUTIONS  TO CAPITAL.  An
Owner  shall  not  receive  out  of  the  Company's  property  any  part  of its
contributions to capital until:

(a) All liabilities of the Company,  except  liabilities to Owners on account of
their  contribution  to capital,  have been paid or  sufficient  property of the
Company remains to pay them.

(b) The consent of the Members holding a  super-majority  of two-thirds (2/3) of
the Voting  Interests is had,  unless the return of the  contribution to capital
may be rightfully demanded as provided in the Colorado Statutes.

(c) The  Articles of  Organization  are canceled or so amended as to set out the
withdrawal reduction.

           ARTICLE IX - ALLOCATIONS, INCOME TAX, ELECTIONS AND REPORTS

         9.1 ALLOCATION OF PROFITS.  Profits for each fiscal year of the Company
shall be allocated:

(a) First, to any Owner previously allocated losses under Section 9.2 hereof, to
the extent of such losses (reduced by allocations  under this Section 9.1(a) for
all prior  years),  ratably  and in  inverse  order to the  manner in which such
losses were allocated; and

(b) The  remainder,  if any, to the Owners in accordance  with their  respective
Economic Interests.

                                      -15-

<PAGE>

         9.2 ALLOCATION OF LOSS.  Loss for each fiscal year of the Company shall
be allocated:

(a) First,  to the Owners up to the positive  balance of their Capital  Account,
ratably in accordance with the positive balances of their Capital Account; and

(b) The  remainder,  if any, to the Owners in accordance  with their  respective
Economic Interests.

         9.3  ALLOCATION  OF RECAPTURE  ITEMS.  If any gain on the sale or other
disposition of depreciable Company assets is recaptured as ordinary income, such
ordinary  income  shall be  allocated  among the Owners in the same ratio as the
depreciation  deductions  giving rise to such gains were  allocated,  but not in
excess of the amount of the gain otherwise allocable under this Article IX.

         9.4  MINIMUM  GAIN  CHARGEBACK.  Except as  otherwise  provided in Code
Regulations  Section  1.704-2(f),  notwithstanding  any other  provision of this
Article IX, if there is a net decrease in Company  Minimum Gain during any year,
each Owner shall be specially  allocated  items of income and gain for such year
(and, if necessary,  subsequent  years) in an amount equal to such Owner's share
of the net decrease in Company Minimum Gain,  determined in accordance with Code
Regulations  Section 1.704-2(g).  Allocations  pursuant to the previous sentence
shall be made in proportion to the respective  amounts  required to be allocated
to each Owner pursuant thereto. The items to be so allocated shall be determined
in accordance with Code Regulations  Sections  1.704-2(f)(6)  and  1.704-(j)(2).
This  Section  10.4 is  intended  to comply  with the  minimum  gain  chargeback
requirement  in Code  Regulations  Section  1.704-2(f)  and shall be interpreted
consistently therewith.

         9.5 CODE SECTION 704(C).  If any Owner  contributed any property to the
Company that has Gross Asset Value in excess or less than its adjusted basis for
federal  income tax  purposes at the time of such  contribution,  then all gain,
loss and deduction with respect to the contributed property,  solely for federal
income tax purposes,  shall be allocated  among the Owners so as to take account
of the  variation  between the adjusted  basis of such  property and its initial
Gross Asset Value as required by Code  Section  704(c) and the Code  Regulations
thereunder.

(a) In accordance with Code Section 704(c) and the Code Regulations  thereunder,
income, gain, loss and deduction with respect to any property contributed to the
capital of the Company,  solely for tax purposes,  shall be allocated  among the
Owners so as to take account of any variation between the adjusted basis of such
property to the Company for federal  income tax purposes  and its initial  Gross
Asset Value.

(b) any elections or other decisions  relating to such allocations shall be made
by the  Manager(s)  in any manner  that  reasonably  reflects  the  purpose  and
intention of this Operating Agreement.  The Manager(s) may select any reasonable
method or methods for making such allocations,  including,  without  limitation,
any method described in Code Regulation Sections 1.704-3(b),  (c) or (d). In the
event that  allocations  pursuant to this Section 9.5 with respect to an item of
Company  property  are  limited by ceiling  rule in any  taxable  year,  and the
Company elects to use curative  allocations pursuant to Code Regulations Section
1.704-3(c):

                                      -16-
<PAGE>

         (i) The Company may make curative  allocations  in  subsequent  taxable
years over a reasonable  period of time,  such as the economic life of such item
of property,  to offset the  effective  ceiling rule to the extent  permitted by
Code Regulations Section 1.704(c)(ii); and

         (ii) The Company may make curative allocations of gain from the sale or
other taxable  disposition  of such property to offset the effect of the ceiling
rule on allocations of  depreciation or other cost recovery with respect to such
property   to   the   extent    permitted    by   Code    Regulations    Section
1.704-3(c)(3)(iii)(B).

         9.6 COMPANY  ASSET  ADJUSTMENTS.  In the event any of any other Company
assets are adjusted  pursuant to Article I, under the definition of "Gross Asset
Value," subsequent Company  allocations of income,  gain, loss or deduction with
respect to such asset shall take account of any  variation  between the adjusted
basis of such asset for federal income tax purposes and its Gross Asset Value in
the  same  manner  as  required  under  the  Code  Section  704(c)  and the Code
Regulation thereunder.

         9.7  ADJUSTMENTS  BY THE  OWNERS.  Any  elections  or  other  decisions
relating to Company  tax  allocations  pursuant  to Sections  9.5 and 9.6 hereof
shall be made by the Manager(s) in a manner that reasonably reflects the purpose
and intention of this Operating  Agreement.  Company tax allocations pursuant to
Sections 9.5 and 9.6 hereof are solely for purposes of federal,  state and local
taxes and shall not affect,  or in any way be taken into  account in  computing,
any Owner's  Capital  Account or, other than is provided in Sections 9.5 and 9.6
hereof,  any  Owner's  share of the  Profit  or Loss (or any item  thereof),  or
Company distributions to any of the Owners under these Regulations.

         9.8      OTHER ALLOCATION RULES.

(a) For purposes of determining the Profit, Loss or any other items allocable to
any  period,  Profit,  Loss and any such other items  shall be  determined  on a
daily,  monthly  or other  basis,  as  determined  by the  Manager(s)  using any
permissible  Method of  Accounting  under Code  Section 706 and the  regulations
thereunder.

(b) The Owners are aware of the income tax  consequences  of the tax allocations
made under this Article X and hereby agree to be bound by the provisions of this
Article X in reporting  their share of the Company's  income for federal  income
tax purposes.

(c) Except as otherwise provided in these Regulations, all Company income, gain,
loss,  deduction  and any items  thereof as  determined  for federal  income tax
purposes  shall be allocated  among the Owners in the same  proportions  as they
share Profit or Loss, as the case may be, for the fiscal year.

(d) All Company  Profits and Losses  allocated  to the Owners shall be allocated
among them in proportion to the Economic  Interests  owned by each Owner. In the
event that any Owner is admitted to the Company on  different  dates  during any
Company  fiscal year,  Company  Profit and Loss  allocated to any Owner for each

                                      -17-
<PAGE>

such fiscal year shall be allocated to each Owner in  proportion to the Economic
Interest  owned by each  Owner  from time to time  during  such  fiscal  year in
accordance  with Code Section  706,  using any  convention  permitted by law and
selected by the Manager(s).

         9.9 DISTRIBUTIONS. All distributions of cash or other property shall be
made to the Owners  according  to the manner in which Net Profits and Net Losses
were allocated pursuant to Section 10.1. All distributions of Distributable Cash
and property  shall be made at such time as  determined by the  Manager(s).  All
amounts  withheld  pursuant to the Code or any  provisions of state or local tax
law with respect to any payment or  distribution  to the Owners from the Company
shall be treated as amounts  distributed  to the relevant Owner pursuant to this
Section 9.9.

         9.10 LIMITATION UPON  DISTRIBUTIONS.  No distribution shall be declared
and paid, unless,  after the distribution is made, the assets of the Company are
in excess of all  liabilities  of the Company,  except  liabilities to Owners on
account of their contributions.

         9.11 ACCOUNTING PRINCIPLES. The profits and losses of the Company shall
be determined in accordance with accounting  principles  applied on a consistent
basis  under  the  method  of  accounting  determined  by the  Manager(s)  to be
consistent with the business of the Company.

         9.12 INTEREST ON AND RETURN OF CAPITAL CONTRIBUTIONS. No Owner shall be
entitled to interest  on its  Capital  Contribution  or to return of its Capital
Contribution, except as otherwise specifically provided for herein.

         9.13 RECORDS AND REPORTS. At the expense of the Company, the Manager(s)
shall maintain  records and accounts of all operations and  expenditures  of the
Company.  At a minimum the Company shall keep at its principal place of business
the following records:

(a) A  current  list of the full name and last  known  business,  residence,  or
mailing address of each Owner and Manager, both past and present;

(b) A copy of the  Articles of  Organization  of the Company and all  amendments
thereto,  together  with executed  copies of any powers of attorney  pursuant to
which any amendment has been executed;

(c) Copies of the  Company's  federal,  state and local  income tax  returns and
reports, if any, for the three (3) most recent years;

(d) Copies of the Company's  currently  effective written  Operating  Agreement,
copies  of any  writings  permitted  or  required  with  respect  to an  Owner's
obligation to contribute cash, property or services, and copies of any financial
statements of the Company for the three (3) most recent years;

(e) Minutes of every annual, special meeting and court-ordered meeting;

                                      -18-
<PAGE>

(f) Any written  consents  obtained  from  members for actions  taken by Members
without a meeting.

         9.14  RETURNS  AND OTHER  ELECTIONS.  The  Manager(s)  shall  cause the
preparation  and timely  filing of all tax  returns  required to be filed by the
Company  pursuant to the Code and all other tax  returns  deemed  necessary  and
required in each jurisdiction in which the Company does business. Copies of such
returns, or pertinent  information  therefrom,  shall be furnished to the Owners
within a reasonable time after the end of the Company's fiscal year.

         All  elections  permitted  to be made by the Company  under  federal or
state laws shall be made by the Manager(s).

                        ARTICLE X - TRANSFER RESTRICTIONS

         10.1     PERMITTED TRANSFER.

(a) No Owner shall  dispose of all or part of his  Economic  Interest  except in
compliance with the terms and conditions of this Operating Agreement.  Any other
proposed disposition,  whether voluntary or involuntary, shall be void and shall
not operate to transfer any interest or title in any Interest.

(b) Notwithstanding anything to the contrary in this Operating Agreement:

         (i) An  individual  Owner may at any time and from time to time without
compliance with Sections 10.2 to 10.7 hereof make a gift of all or a part of his
Economic  Interest  to one or more of his Family  Donees (as  defined in Section
10.6 hereof) if each such Family Donee upon acquisition of such interest becomes
a party to this Operating Agreement;  provided,  however,  that the Family Donee
shall not  participate in the  management of the Company  without the consent of
the Members holding a majority of the Voting Interests;

         (ii) A Family  Donee of an  individual  Owner  may at any time and from
time to time without compliance with Sections 10.2 to 10.7 hereof make a gift of
all or any part of his Economic Interest back to such Owner or to another Family
Donee of the same  Owner if upon  acquisition  of such  Interest  the  recipient
Family Donee becomes a party to this  Operating  Agreement;  provided,  however,
that the recipient  Family Donee shall not  participate in the management of the
Company  without  the  consent of the  Members  holding a majority of the Voting
Interests;

         (iii)  An  Owner  may at any  time  and  from  time  to  time,  without
compliance with Section 10.2 hereof to one or more  Affiliates,  transfer all or
part of its Economic  Interest to one or more  Affiliates if such Affiliate upon
acquisition  of  such  Economic  Interest  becomes  a party  to  this  Operating
Agreement and if permitted by the Colorado Statutes; provided, however, that the
Affiliate  shall not  participate in the  management of the Company  without the
consent of the Members holding a majority of the Voting Interests;

                                      -19-
<PAGE>

         (iv)  Dispositions of an Economic Interest by an Owner, an Affiliate or
a Family Donee to the Company or to an Owner may be made without compliance with
Sections 10.2 or 10.7 hereof.

         10.2  COMPANY'S  OPTION TO PURCHASE  ECONOMIC  INTEREST.  An Owner (the
"Offering Interest Owner") who desires to dispose of any Economic Interest shall
give a notice  ("Notice")  signed by the Offering  Interest Owner to the Company
and to each of the other Owners.  The Notice shall specify the Economic Interest
("Offered Interest") the Offering Interest Owner intends to dispose of, identify
and give the address of the Person to whom the Offering  Interest  Owner intends
to dispose of the Offered Interest, and indicate the price, terms and conditions
of the proposed  disposition.  In the event that an Owner is not able to provide
Notice  of  any   proposed   disposition   of  Economic   Interest,   the  legal
representative, successor in interest or proposed transferee of such Owner shall
so notify the Company of such proposed disposition.

(a) In the case of a proposed sale to a bona fide prospective  purchaser who has
offered in writing to purchase  the  Offered  Interest  at a stated  price,  the
Company  shall have the  irrevocable  and exclusive  first  option,  but not the
obligation,  to purchase all or,  subject to Section 10.5 hereof,  a part of the
Offered  Interest with payment to be made in accordance  with the  provisions of
Article XI hereof,  provided  that such  purchase by the Company shall be at the
price  and  upon the  terms  and  conditions  equal  to  those  offered  by such
prospective  purchaser (as  evidenced by a copy of such offer to purchase  which
shall accompany the Notice),  and provided further that the Company gives notice
of its election to purchase to the Offering  Interest  Owner within  thirty (30)
days after the Company receives the Notice.

(b) In the case of any other proposed  disposition  (including  any  involuntary
disposition)  of any Economic  Interest,  the Company shall have the irrevocable
and exclusive first option,  but not the obligation,  to purchase all or part of
the  Economic  Interest  at a  price  per  percentage  Economic  Interest  to be
purchased  equal to Fair Market Value (as defined in Section  10.10  hereof) and
with payment to be made in accordance  with the provisions of Article XI hereof.
The Company shall give notice of its election to purchase the Economic  Interest
to the Offering  Interest  Owner (or other party  giving  notice of the proposed
disposition)  within thirty (30) days after the Company  receives notice of such
proposed disposition.

         10.3 OWNERS' OPTION TO PURCHASE ECONOMIC INTEREST.  If the Company does
not elect,  as provided by Section 10.2  hereof,  to purchase all of the Offered
Interest covered by the Notice, then, subject to Section 10.7 hereof, each Owner
other than the Offering  Interest Owner shall have the irrevocable and exclusive
option, but not the obligation,  to purchase from the Offering Economic Interest
Owner that part of the  Offered  Interest  that the  Company  has not elected to
purchase,  pro rata in the  proportion  that the Interest owned by such Owner on
the date of the  Notice  bears the  aggregate  Economic  Interests  owned by all
Owners (exclusive of the Offered Interest offered for sale or otherwise owned by
the Offering Interest Owner).

(a) In the case of a proposed sale to a bona fide prospective  purchaser who has
offered in writing to purchase the Offered  Interest at a stated  price,  at the
price  and  upon any  terms  and  conditions  equal  to  those  offered  by such
prospective  purchaser (as  evidenced by a copy of such offer to purchase  which
shall accompany the Notice); and

                                      -20-
<PAGE>

(b) In the case of any other proposed disposition of any Economic Interest, at a
price per percentage of Economic  Interest being  purchased equal to Fair Market
Value with payment to be made in  accordance  with the  provisions of Article XI
hereof.

Each Owner that elects to purchase  all or a part of his pro rata portion of the
Offered  Interest  shall give notice of such  election to the Offering  Interest
Owner and to the other Owners  within  thirty (30) days after the receipt of the
Notice by the Company.  Each such notice shall state the  percentage of Economic
Interest  which the Owner  giving the notice  elects to  purchase.  If any Owner
fails to exercise his right to purchase his full pro rata portion of the Offered
Interest, each other Owner who has given notice of election to purchase his full
pro rata portion of the offered  interest shall have an additional ten (10) days
after  the  expiration  of such  30-day  period  in which  to give the  Offering
Interest Owner and to the other Owners further notice (the "Further  Notice") of
his  election to purchase  all or a part of the  Remaining  Interest (as defined
below).  Each Further Notice shall state the number of Remaining  Interest which
the Owner giving the Further Notice elects to purchase.  The Remaining  Interest
shall be  apportioned  among  those  Members  who have  given a  Further  Notice
according to the procedures described in Sections 10.3(c) and 10.3(d) hereof, or
in such different portions as such Owners may agree among themselves.

(c) Each of the Participating Owners (as defined below) shall be apportioned (i)
that number of  Remaining  Interest  that such  Participating  Owner  elected to
purchase in his Further  Notice and which have not yet been  apportioned to such
Participating Owner pursuant to this Section 10.3(c), or (ii) such Participating
Owner's  Pro Rata  Portion  of the  Unpurchased  Interest  (as  defined  below),
whichever is less.

(d) If the  apportionment in Section 10.3(c) hereof is followed and there remain
at least one  Participating  Owner and any Unpurchased  Interest,  the procedure
described in Section 11.3(c) shall be repeated.

(e) For purposes of this Section 10.3, the following definitions shall apply:

         (i) The "Remaining  Interest" shall mean the Offered  Interest that the
Company and Owners have not theretofore elected to purchase.

         (ii) A  "Participating  Owner"  shall  mean an  Owner  who has  given a
Further Notice and who has not yet been apportioned  pursuant to Section 10.3(c)
hereof that number of additional  Interest that such Interest Owner's elected to
purchase in his Further Notice.

         (iii) "Unpurchased Interest" shall mean the Remaining Interest that has
not yet been  apportioned to  Participating  Owners  pursuant to Section 10.3(c)
hereof.

         (iv) A  Participating  Owner's  "Pro Rata  Portion" of the  Unpurchased
Interests  shall  mean the  number of  Unpurchased  Interest  multiplied  by the
fraction  formed  by  dividing  the  percentage   Economic  Interest  that  such
Participating  Owner  held on the date the  Company  received  the Notice by the
total percentage  Economic Interest all of the Participating  Owners held on the
date the Company received the Notice.

                                      -21-
<PAGE>

         10.4 EFFECT OF AN ELECTION. The Company and each Owner giving notice of
election to purchase  pursuant to Sections  10.2 and 10.3 hereof,  respectively,
shall be  obligated  severally  and not  jointly to purchase  from the  Offering
Interest Owner,  and the Offering  Interest Owner,  provided the Company or such
other  Owners,  or a  combination  of the Company and such other Owners elect to
purchase all the Offered Interest,  shall be obligated to sell to the Company or
such other Owners, or the Company and such other Owners, as the case may be, the
portion of Offered  Interest stated therein,  at the price and on the conditions
determined pursuant to Sections 10.2 and 10.3 hereof and Article XI.

         10.5  CONSEQUENCES IF ENTIRE ECONOMIC  INTEREST IS NOT TO BE PURCHASED.
If an Offering  Interest  Owner gives notice and the Company and other Owners do
not elect,  pursuant to Sections  10.2 and 10.3  hereof,  to purchase all of the
Offered Interest, the Offering Interest Owner may elect to:

(a) Sell to the  Company  if it has  elected  to  purchase  part of the  Offered
Interest and to the Owners,  if any,  who have  elected to purchase  part of the
Offered  Interest,  the  aggregate  portion of such Offered  Interest  which the
Company and such  Owners have  elected to purchase at the price and on the terms
and conditions  determined pursuant to Sections 10.2 and 10.3 hereof and Article
XI, and at any time or times after the 30th day following the date of the Notice
but before the 60th day following the date of the Notice ("Disposition Period"),
such Offering  Interest Owner may dispose of all the remaining  Offered Interest
at the price and on any other terms and  conditions  specified  in the Notice to
the Person or Persons  identified in the Notice;  provided,  however,  that such
Person or Persons shall not participate in the management of the Company without
the consent of the Members holding a majority of the Voting Interests. Each such
Person  acquiring  any of the  Offered  Interest  must  become  a party  to this
Operating Agreement upon such acquisition. Any Economic Interest not so disposed
of by such  Offering  Interest  Owner  during  the  Disposition  Period  may not
thereafter be disposed of, except in compliance with the terms and conditions of
this Operating Agreement;

(b) At any time or times  during  the  Disposition  Period,  dispose  of all the
Offered Interest to the Person or Persons,  at the price, and on any other terms
and conditions specified in the Notice, provided that each such Person acquiring
any  Economic  Interest in any of the Offered  Interest  becomes a party to this
Operating  Agreement  upon such  acquisition,  and any Economic  Interest not so
disposed of by such Offering  Interest Owner during the  Disposition  Period may
not  thereafter  be  disposed  of,  except  in  compliance  with the  terms  and
conditions of this Operating Agreement; or

(c)  Withdraw  the Notice  and  thereafter  such  Economic  Interest  may not be
disposed  of,  except  in  compliance  with the  terms  and  conditions  of this
Operating Agreement.

         10.6 FAMILY DONEE. "Family Donee" with respect to an Owner shall mean:

(a) Any parent, child, descendant, or sibling of the Owner, the spouse of any of
the foregoing, or the spouse of the Owner;

                                      -22-
<PAGE>

(b) Any trust established by the Owner, or any trustee, custodian, fiduciary, or
foundation  which will hold the  interest  for  charitable  purposes  or for the
benefit of the Owner or any of the Persons described in Section 10.6(a) above;

(c) Committees,  guardians, or other legal representatives of the Interest Owner
(whether  alive or  deceased)  or of any of the  Persons  described  in  Section
10.6(a) hereof.

         10.7  SUBSTITUTE  OWNER.  Assuming that the  provisions of Section 10.1
hereof have been complied with and said transfer duly approved,  or assuming the
provisions  of  Sections  10.2 to 10.7  hereof  apply  thereto,  no  assignee or
transferee  of the whole or any portion of an Owner's  Interest,  including  any
trustee  in  bankruptcy,  shall have the right to become a  Substitute  Owner in
place of the assignor unless all of the following conditions are satisfied:

(a) The fully executed and acknowledged  written  instrument of assignment which
has been filed with the Company setting forth the intention of the assignor that
the assignee become a Substitute Owner;

(b) The assignor and assignee execute and acknowledge such other  instruments as
the  Manager(s)  may deem  necessary  or  desirable  to effect  such  admission,
including the written  acceptance and adoption by the assignee of the provisions
of this Operating  Agreement and his execution,  acknowledgment  and delivery to
the  Manager(s) of such  documents as the  Manager(s)  may require in their sole
discretion, the form and content of which shall be provided by the Manager(s);

(c) The assignee  pays a transfer fee to the Company in an amount  sufficient to
cover all reasonable  expenses connected with the admission of the assignee as a
Substituted Member; and

(d) The other Members holding a majority of the Voting Interests  consent to the
assignee  becoming a  Substitute  Owner,  which  consent may be withheld for any
reason.

         10.8 ADDITIONAL  CONDITIONS.  The following additional conditions shall
apply with respect to a transfer of an Economic Interest:

(a) The  Manager(s)  may not treat an assignee  who has not become a  Substitute
Owner as a Substitute Owner in the place of his assignor.

(b) The Manager(s) will be required to promptly amend the Operating Agreement to
reflect the substitution of Owners. Until the Operating Agreement is so amended,
an assignee shall not become a Substitute Owner for any purpose.

(c) Upon the death or legal  incompetency of an individual  Owner,  his personal
representative  shall  have all of the  rights  of an Owner for the  purpose  of
settling or managing his estate,  and such power as the decedent or  incompetent
possesses to  constitute a successor as an assignee of its Economic  Interest in
the Company and to join with such assignee in making  application  to substitute
such assignee as an Owner.  A trustee in  bankruptcy  for any  individual  Owner
shall have only those  rights of an  assignee or general  unsecured  creditor of

                                      -23-
<PAGE>

such  Owner  and  shall  not  be  entitled  to be  substituted  as an  Owner  or
participate  in the  management  of the  Company  except as  expressly  provided
herein.

(d) Upon the bankruptcy,  insolvency, dissolution or other cessation to exist as
a legal entity of an Owner not an individual,  the authorized  representative of
such entity shall have all the rights of an Owner for purposes of effecting  the
orderly  winding up and disposition of the business of such entity an such power
as such  entity  possessed  to  constitute  a  successor  as an  assignee of its
Economic  Interest  in the  Company  and to join  with such  assignee  in making
application to substitute such assignee as an Owner.

(e) Anything in this  Operating  Agreement to the contrary  notwithstanding,  no
Owner or other  Person who has become the holder of  Economic  Interests  in the
Company  shall  transfer,  assign or encumber all or any portion of his Economic
Interests in the Company during any fiscal year if such transfer,  assignment or
encumbrance  would  (in the sole and  unreviewable  opinion  of the  Manager(s))
result in the  termination  of the Company being taxed as a partnership  for the
purpose of the then-applicable  provisions of the Internal Revenue Code of 1986,
as amended.

(f) In the event a vote of the Members shall be taken pursuant to this Operating
Agreement for any reason, a Member shall,  solely for the purpose of determining
the  percentage of Voting  Interests held by him in weighing his vote, be deemed
the  holder of any  Voting  Interest  assigned  by him in  respect  of which the
assignee has not become a Substitute Owner having voting rights.

(g) Anything in this  Operating  Agreement to the contrary  notwithstanding,  no
Owner or other  Person who has become the holder of an Economic  Interest  shall
transfer,  assign,  or encumber all or any portion of his Economic  Interests in
the Company  without  obtaining the prior written consent of the Director of the
appropriate  state  Securities  Commission,  if required under the  Commission's
rules,  or the  opinion of counsel for the Company  that the  transfer  will not
violate any federal or applicable state securities laws; provided, however, that
receipt of an opinion may be waived by the Manager.

         10.9  VOLUNTARY  WITHDRAWAL.  In the  event  that an  Owner  wishes  to
withdraw  from the  Company,  such Owner may  withdraw  by making an  assignment
pursuant to Section 10.2 hereof and giving  thirty (30) days notice  pursuant to
this paragraph to all remaining Owners of such Owner's intention to withdraw and
of the assignment of such withdrawing  Owner's  membership.  As a result of such
voluntary  withdrawal,  such  withdrawing  Owner shall forfeit all rights to his
Capital Account and shall have no further liability to the Company.

         10.10 FAIR MARKET VALUE;  APPRAISAL  METHOD.  (a) fair market value per
percentage Economic Interest shall be determined by dividing (i) the fair market
value  established  for the Company  pursuant to the appraisal  method  outlined
below by (ii) 100.

(b)  APPRAISAL  METHOD.  In the event that the fair market value per  percentage
Economic Interest, or for the Company, as the case may be, cannot be agreed upon
between the Members, following (10) days after the determination by either party
that such fair market value cannot be determined  by the Members (the  "Event"),
the fair market value shall be determined by an appraiser familiar by experience
with similar  companies  agreed upon by the Members.  If they fail to agree upon

                                      -24-
<PAGE>

the appointment of an appraiser  within twenty (20) days of the Event,  then the
disposing Member shall name an appraiser and the purchasing Member shall name an
appraiser  within ten (10) days after the  expiration  of such 20-day  period by
sending notification of such selection to the other Member. Any party failing to
meet such deadline shall lose the right to name an appraiser.  If two appraisers
are selected in this manner,  they shall, within ten (10) days after appointment
of the second  appraiser,  select a third appraiser.  The appraisers so selected
shall  determine  the fair market  value of the Company by  majority  vote.  The
valuation by the appraisers shall be made within thirty (30) days of appointment
of the last  appraiser  required to be appointed by this Section 5(a).  The fair
market value of the Company  determined  pursuant to this Section 10.10(b) shall
be final  and  binding  on all  parties.  The cost of any  valuation  undertaken
pursuant to the terms of this Section 10.10(b) shall be paid by the Company.

(c) Unless otherwise  provided in the applicable  Section,  the closing shall be
held  within  fifteen  (15) days  after a  determination  of fair  market  value
pursuant to Section 10.10(b) hereof.

(d) If the  disposing  Member  fails  at the  closing  to  tender  the  transfer
certificates  representing  the Interests being  transferred,  the Company shall
treat such  transfer  as  completed  if the  purchasing  Member  delivers to the
Secretary of the Company,  for the benefit of the disposing  Member, a certified
check payable to the order of the disposing Member in the amount of the purchase
price  payable at the  closing.  The  Company  shall  deliver  such check to the
disposing Member at such time as the appropriate Interest certificates have been
delivered to the Company for cancellation. Upon completion of such transfer, the
disposing  Member no longer  shall  have any  right,  title or  interest  in the
Interests so transferred.

                         ARTICLE XI - METHOD OF PURCHASE

         11.1 MANNER OF PAYMENT.  The Company and each Owner, if any, purchasing
an Economic  Interest  pursuant to Article XI hereof shall pay for such Economic
Interest as follows:

(a) In the case of a proposed  sale to a bona fide  purchaser who has offered in
writing to purchase the Offered  Interest at a stated  price,  payment  shall be
made in the manner and upon any terms and  conditions set forth in the Notice or
the offer  attached  thereto (if such stated price  includes any property  other
than  case,  such  stated  price  shall be deemed  to be the  amount of any cash
included  in the stated  price plus the value as  determined  by an  independent
appraiser  selected by the  remaining  Members  holding a majority of the Voting
Interests and approved by the Offering Interest Owner,  which approval shall not
be unreasonably  withheld,  of such other property  included in such price,  the
fees and  expenses of such  appraiser to be paid for pro rata by the Company and
any Owners  purchasing  the  Offered  Interest in  proportion  to the portion of
Offered Interest purchased by each of them); or

(b) In the case of any other proposed disposition of Economic Interest,  payment
shall be made in full, in cash or by wire transfer or certified bank check.

                                      -25-

<PAGE>

         11.2 MANNER OF CLOSING.

(a) In the case of any  purchase  of an  Economic  Interest  by the  Company and
Owners  pursuant to Sections  10.2 to 10.7 hereof,  the closing of such purchase
shall take place at 10:00 a.m.,  Eastern Standard Time, on the 15th business day
after the date that the Company the Owner,  as the case may be,  gives notice of
its or his election to purchase  pursuant to the terms hereof,  at the principal
office of the Company,  or at such different date,  different  place, or both as
the parties to such purchase agreement agree.

(b) Certificates representing the Economic Interest purchased shall be delivered
by the selling Owner at the closing against payment.  By delivering the Economic
Interest at the closing, the selling Owner shall be deemed to represent that the
sale  of the  Economic  Interest  has  been  duly  authorized  by all  necessary
corporate action on the part of the selling Owner,  the certificates  evidencing
the Economic  Interest  have been duly and validly  endorsed and  delivered  for
transfer to the  purchaser  and that the purchaser of such Interest will receive
good title to such Interest,  free and clear of all liens,  security  interests,
pledges,  charges or  encumbrances  other than those  created by this  Operating
Agreement.

         11.3  LEGEND.  A legend  shall be placed on each  certificate  or other
document,  if any,  evidencing  a Voting  Interest  in the  Company  stating the
following:

The Interests represented by this Certificate have not been registered under the
Securities Act of 1933, as amended,  or the securities laws of any state.  These
Interests have been acquired for  investment  and may not be sold,  transferred,
pledged or hypothecated in the absence of any effective  registration  statement
for such  Interests  under  the  Securities  Act of 1933,  as  amended,  and any
applicable state securities laws or an opinion of counsel  acceptable to counsel
for the Company that  registration is not required under such laws. In addition,
the sale,  transfer,  pledge or hypothecation  of these Interests  substantially
restricted by that certain Operating  Agreement by and among the Company and its
Owners,  dated  effective  December 1 2013,  a copy of which is on file with the
Company at its principal place of business.

                         ARTICLE XII - OWNERS' COVENANTS

         12.1  OWNER'S  PERSONAL  DEBTS.  In order to protect the  property  and
assets of the Company from any claim  against any Owner for personal  debts owed
by such Owner, each Owner shall indemnify,  defend, protect and hold the Company
harmless  from any claim that might be made to the  detriment  of the Company by
any personal creditor of such Owner.

         12.2  ALIENATION  OF  ECONOMIC  INTEREST.  No Owner  shall,  except  as
specifically  provided in this Operating Agreement,  sell, assign,  mortgage, or
otherwise  encumber  such  Owner's  Economic  Interest in its capital  assets or
property;  or enter  into any  agreement  of any kind  that  will  result in any
Person,  firm, or other organization  becoming interested with such Owner in the
Company; or do any act detrimental to the best interests of the Company.

                                      -26-

<PAGE>
                        ARTICLE XIII - ADDITIONAL OWNERS

         13.1  ADMISSION  OF  ADDITIONAL  OWNERS.   From  January  1,  2014  and
thereafter and with the written consent of the Managers,  any Person  acceptable
to such Managers  may,  subject to the terms and  conditions  of this  Operating
Agreement:  (i)  become an  Additional  Owner in this  Company by the sale of an
Economic Interest for such consideration  pursuant to section 8.2 hereof in this
Operating  Agreement  or (ii) become a Substitute  Owner as a  transferee  of an
Owner's  Economic  Interest  or any  portion  thereof  in  accordance  with  the
provisions of Article X.

         13.2  ALLOCATIONS  TO  ADDITIONAL  OWNERS.  No Additional or Substitute
Owner shall be  entitled  to any  retroactive  allocation  of income,  losses or
deductions incurred by the Company.  The Manager may, at his option, at the time
an  Additional or Substitute  Owner is admitted,  close the Company's  books (as
though the Company's tax year had ended) or make pro rata allocations of income,
losses and  deductions to an Additional or Substitute  Owner for that portion of
the  Company's  tax year in which an  Additional  or  Substitute  Owner for that
portion of the Company's tax year in which an Additional or Substitute Owner was
admitted,  in accordance  with the provisions of Section 706(d) and the Treasury
Regulations promulgated thereunder.

         13.3 ADDITIONAL  MEMBERS.  Notwithstanding  anything  contained in this
Agreement  to the  contrary,  an  Additional  Owner may become a Member with the
written consent of the Managers.  Upon such approval, the Voting Interests shall
be reallocated  among the existing Members and such additional  Members in order
to equal one hundred percent (100%).

         13.4  ADDITIONAL  VOTING  MEMBERS/VOTING   INTERESTS.   Notwithstanding
anything contained in this Agreement to the contrary, an Economic Interest Owner
may only  become a voting  Member  by the  approval  of the  Members  holding  a
super-majority of two-thirds (2/3) of the then-existing  Voting Interests.  Upon
such approval,  the Voting  Interests  shall be  reallocated  among the existing
voting Members and such  additional  voting Member in order to equal one hundred
percent (100%).

                    ARTICLE XIV - DISSOLUTION AND TERMINATION

         14.1     DISSOLUTION.

(a) The Company shall be dissolved  upon the  occurrence of any of the following
events:

         (i) when the period fixed for the duration of the Company shall expire;

         (ii) by the written  consent of an  affirmative  vote to  dissolve  the
Company of Members holding the then existing Voting Interests; or

         (iii) upon the death, retirement,  resignation,  expulsion, bankruptcy,
dissolution  of a Member or occurrence of any other event which  terminates  the
continued membership of a Member in the Company (a "WITHDRAWAL  EVENT"),  unless

                                      -27-
<PAGE>

the business of the Company is  continued by the consent of the Members  holding
two thirds (2/3) of the Voting  Interests  and there are at least two  remaining
Members; or

(b) As soon as possible  following the occurrence of any of the events specified
in this  Section  effecting  the  dissolution  of the Company,  the  appropriate
representative of the Company shall execute a statement of intent to dissolve in
such form as shall be  prescribed  by the  Colorado  Secretary of State and file
same with the Colorado Secretary of State's office.

         14.2 EFFECT OF FILING OF DISSOLVING STATEMENT. Upon the filing with the
Colorado  Secretary of State of a statement  of intent to dissolve,  the Company
shall cease to carry on its business, except insofar as may be necessary for the
winding up of its business,  but its separate  existence  shall continue until a
certificate of dissolution  has been issued by the Secretary of State or until a
decree  dissolving  the  Company  has  been  entered  by a  court  of  competent
jurisdiction.

         14.3  DISTRIBUTION  OF ASSETS UPON  DISSOLUTION.  In settling  accounts
after  dissolution,  the liabilities of the Company shall be entitled to payment
in the following order:

(a) those to  creditors,  in the order of priority  as  provided by law,  except
those to Owners of the Company on account of their Capital Contributions;

(b) those to Owners of the Company  with  respect to their  Capital  Accounts in
accordance with Section 9.4(d) hereof; and

(c)  those to  Owners  in  respect  of their  shares  of the  profits  and other
compensation.

         14.4  ARTICLES  OF  DISSOLUTION.   When  all  debts,   liabilities  and
obligations  have been paid or discharged or adequate  provisions have been made
therefore and all of the remaining  property and assets have been distributed to
the Owners,  articles of dissolution shall be executed in duplicate and verified
by the  Person  signing  the  articles,  which  articles  shall  set  forth  the
information by the Colorado Statutes.

         14.5     FILING OF ARTICLES OF DISSOLUTION.

(a) Duplicate  originals of such articles of  dissolution  shall be delivered to
the Colorado Secretary of State.

(b) Upon the issuance of the  certificate of  dissolution,  the existence of the
Company  shall cease,  except for the purpose of suits,  other  proceedings  and
appropriate  action  as  provided  in the  Colorado  Statutes.  The  Manager  or
Manager(s) in office at the time of dissolution, or the survivors of them, or if
none, the Members,  shall  thereafter be trustee for the Owners and creditors of
the Company and as such shall have authority to distribute any Company  property
discovered after  dissolution,  convey real estate and take such other action as
may be necessary on behalf of an in the name of the Company.

         14.6  WINDING UP.  Except as provided by law,  upon  dissolution,  each
Owner  shall  look  solely to the  assets of the  Company  for the return of its
Capital  Contributions.  If the Company property  remaining after the payment or

                                      -28-
<PAGE>

discharge of the debts and  liabilities  of the Company is  sufficient to return
the  Capital  Contributions  of each  Owner,  such Owner  shall have no recourse
against  any other  Owner.  The winding up of the affairs of the Company and the
distribution of its assets shall be conducted exclusively by the Manager(s), who
are  hereby  authorized  to  take  all  actions  necessary  to  accomplish  such
distribution,  including  without  limitation,  selling any  Company  assets the
Manager(s) deem necessary or appropriate to sell.

         14.7  DISTRIBUTIONS  IN  KIND.  Any  property  distributed  in  kind in
liquidation shall be valued and treated as though the property were sold and the
cash proceeds were  distributed.  The  difference  between the value of property
distributed  in kind and its book  value  shall be  treated as a gain or loss on
sale of the  property  and shall be  credited  or  charged  to the Owners in the
manner set forth in Section 9.1 hereof.

                      ARTICLE XV - MISCELLANEOUS PROVISIONS

         15.1  NOTICES.  Any  notice,   demand,  or  communication  required  or
permitted to be given by any  provision  of this  Operating  Agreement  shall be
deemed to have been  sufficiently  given or served for all purposes if delivered
personally to the party or to an executive officer of the party to whom the same
is directed or, if sent by registered or certified  mail or reputable  overnight
courier, postage and charges prepaid,  addressed to the Owner's and/or Company's
address  as it appears  in the  Company's  records,  as  appropriate.  Except as
otherwise provided herein, any such notice shall be deemed to be given (a) three
business  days  after the date on which the same was  deposited  in a  regularly
maintained  receptacle for the deposit of United States mail, addressed and sent
as  aforesaid or (b) one business day after the date on which the same was given
to a reputable overnight courier, and sent as aforesaid.

         15.2 BOOKS OF ACCOUNT  AND  RECORDS.  Proper and  complete  records and
books of account  shall be kept or shall be caused to be kept by the  Manager(s)
in which  shall be  entered  fully and  accurately  all  transactions  and other
matters relating to the Company's business in such detail and completeness as is
customary and usual for  businesses of the type engaged in by the Company.  Such
books and records  shall be maintained in  accordance  with  generally  accepted
accounting principles. The books and records shall at all times be maintained at
the  principal  executive  office  of the  Company  and  shall  be  open  to the
reasonable  inspection and  examination  of the Owners of their duly  authorized
representatives during business hours.

         15.3  APPLICATION  OF COLORADO  LAW. This  Operating  Agreement and the
application of interpretation hereof, shall be governed exclusively by its terms
and by the  laws  of the  State  of  Colorado,  and  specifically  the  Colorado
Statutes.

         15.4  WAIVER OF ACTION FOR  PARTITION.  Each Owner  irrevocably  waives
during the term of the Company any right that it may have to maintain any action
for partition with respect to the property of the Company.

         15.5  AMENDMENTS.  Any  amendment to this  Operating  Agreement  may be
proposed by any voting  Member of the  Company.  A vote on an  amendment to this
Operating  Agreement shall be taken within thirty (30) days after notice thereof

                                      -29-
<PAGE>

has been given to the  Members  unless  such  period is  otherwise  extended  by
applicable  law,  regulations  or  agreement  of  the  Members.  This  Operating
Agreement may be amended at any time by the Members holding a super-majority  of
two-thirds (2/3) of the Voting Interests;

(a) without the consent of the Owner to be adversely  affected by the amendment,
this  Operating  Agreement  may not be  amended  as to (i)  modify  the  limited
liability  of an  Owner,  or (ii)  alter  the  interest  of any Owner in the Net
Profits or Net Losses or in cash distributions of the Company; and

(b) in the case of any provision hereof which requires the action,  consent,  or
approval of a specified  percentage  in Voting  Interests of the  Members,  such
provision may not be amended  without the consent of such  specified  percentage
Voting Interests of the Members.

         A copy of any amendment  shall be promptly  mailed or delivered to each
Owner at his or her last known address.

         15.6 EXECUTION OF ADDITIONAL  INSTRUMENTS.  Each Owner hereby agrees to
execute  such  other  and  further   statements   of  interest   and   holdings,
designations,  powers of attorney and other instruments necessary to comply with
any laws, rules or regulations.

         15.7  CONSTRUCTION.  Whenever  the  singular  number  is  used  in this
Operating Agreement and when required by the context, the same shall include the
plural,  and the masculine  gender shall include the feminine and neuter genders
and vice versa.

         15.8 HEADINGS.  The headings in this  Operating  Agreement are inserted
for convenience only and are in no way intended to describe,  interpret, define,
or limit the scope, extent of this Operating Agreement or any provision hereof.

         15.9 WAIVERS. The failure of any party to seek redress for violation of
or to insist upon the strict  performance  of any  covenant or condition of this
Operating  Agreement  shall not  prevent a  subsequent  act,  which  would  have
originally  constituted  a  violation,  from  having the  effect of an  original
violation.

         15.10 RIGHTS AND REMEDIES CUMULATIVE.  The rights and remedies provided
by this  Operating  Agreement  are  cumulative  and the use of any one  right or
remedy by any  party  shall  not  preclude  or waive the right to use any or all
other remedies.  Said rights and parties may have by law, statute,  ordinance or
otherwise.

         15.11 SEVERABILITY. If any provision of this Operating Agreement or the
application thereof to any Person or circumstances shall be invalid,  illegal or
unenforceable to any extent,  the remainder of this Operating  Agreement and the
application  thereof  shall  not be  affected  and shall be  enforceable  to the
fullest extent permitted by law.

         15.12 HEIRS,  SUCCESSORS  AND ASSIGNS.  Each and all of the  covenants,
terms,  provisions and  agreements  herein  contained  shall be binding upon the
inure to the benefit of the parties hereto and, to the extent  permitted by this

                                      -30-
<PAGE>

Operating Agreement,  their respective heirs, legal representatives,  successors
and assigns.

         15.13  CREDITORS.  None of the provisions of this  Operating  Agreement
shall be for the benefit of or enforceable by any creditors of the Company.

         15.14  EXECUTION IN  COUNTERPARTS.  For the convenience of the parties,
this Agreement may be executed in counterparts, each of which shall be deemed an
original,  but all of which together shall constitute one and the same document.
Telefacsimile  transmissions of any executed  original and/or  retransmission of
any executed  telefacsimile  transmission  shall be deemed to be the same as the
delivery of an executed original.  At the request of any party hereto, the other
parties hereto shall confirm telefacsimile  transmissions by executing duplicate
original documents and delivering the same to the requesting party or parties.

IN WITNESS  WHEREOF,  the  following  initial  Owner has caused  this  Operating
Agreement to be duly executed as of the date first above written.

                                   MANAGER

                                   THREE FORKS, INC.

                                   By:_______________________________________
                                   W. Edward Nichols, Chief Executive Officer

                                      -31-
<PAGE>
                                   EXHIBIT "A"

        INITIAL CAPITAL CONTRIBUTIONS/VOTING INTERESTS/ECONOMIC INTERESTS

                      VOTING         ECONOMIC                        DATE OF
NAME AND ADDRESS     INTEREST %     INTEREST %     CONTRIBUTION    CONTRIBUTION
-----------------   ------------   ------------   --------------  --------------

No interests have been issued at this time.

<PAGE>

                                    EXHIBIT B

            CAPITAL CONTRIBUTIONS/VOTING INTERESTS/ECONOMIC INTERESTS

                             AS OF DECEMBER 31, 2013

No interests have been issued at this time.EXHIBIT 10.1

                      ADDENDUM TO STOCK PURCHASE AGREEMENT

         This Addendum to Stock Purchase  Agreement (the "Addendum") is made and
entered into as of January 31, 2014 by Solar United Network,  Inc., a California
Corporation  ("SUN"),  Emil  Beitpolous,  Abe Emard,  Richard Emard, and Mikhail
Podnesbesnyy (each, a "Seller", and collectively,  the ("Sellers"), and Solar3D,
Inc., a Delaware corporation ("Buyer"), with respect to the following facts:

         A. The parties have previously entered into that certain Stock Purchase
Agreement  dated  October  31,  2013 (the  "Agreement").  Capitalized  terms not
otherwise  defined  herein  shall  have  the  meanings  assigned  to them in the
Agreement.

         B. Section  5.7(v) of the  Agreement  provides that Sellers may cause a
one-time Tax  Distribution,  to be made before or after the Closing,  subject to
the limits and conditions set forth in such section.

         C. As a condition to completing  the Closing,  the parties are entering
into this  Addendum  to  clarify  the  timing  and  method  for  making  the Tax
Distribution,  and to revise  and  clarify  the  payments  to be made at Closing
pursuant to Sections 1.2 and 5.26 of the Agreement.

         NOW, THEREFORE,  for good and valuable  consideration,  the receipt and
sufficiency  of which are hereby  acknowledged  by the parties to this Addendum,
and in light  of the  above  recitals  to this  Addendum,  the  parties  to this
Addendum hereby agree as follows:

         1.  PRELIMINARY  BALANCE  SHEET.  Sellers have delivered to Buyer SUN's
January 20, 2014 balance sheet (the  "Preliminary  Balance  Sheet"),  which each
Seller represents and warrants presents fairly the financial  position of SUN as
of the date  thereof,  and has been  prepared in  accordance  with SUN's  normal
business practices applied on a consistent basis throughout the period covered.

         2.  DETERMINATION  OF NTI AND NWC.  As soon as  practicable  after  the
Closing,  and in any event not later than  February 28, 2014,  the parties shall
cause to be prepared for SUN an unaudited  balance sheet as of January 31, 2014,
prepared  in  accordance  with  SUN's  normal  business  practices  applied on a
consistent  basis  throughout the period  covered (the "Final  Balance  Sheet").
Based on the Final Balance Sheet,  the parties shall determine SUN's net working
capital  (defined  as SUN's  current  assets  (minus Loan to  Shareholders'  and
Prepaid  Expenses) minus current  liabilities at such date, (the "NWC").  In the
event the parties are unable to agree on the determination of NWC prior to March
1, 2014,  the parties shall request SUN's  independent  accountants to make such
determination,  which  determination  shall  be  binding  upon the  parties  for
purposes of this Addendum.

         3. PAYMENT OF TAX  DISTRIBUTION.  The Company shall make  aggregate Tax
Distributions  to the Sellers  equal to the NWC minus  $200,000  (the "Total Tax
Distribution"),  payable  as  follows:  (i) all but  $100,000  of the  Total Tax
Distribution shall be paid promptly after the parties have determined the NWC as
provided in Section 2, above, and (ii) the remaining $100,000 shall be paid upon
the agreement by the Sellers, SUN and Buyer that such funds are not necessary to
the operation of the Company, but not later than 90 days following Closing.

         4.  RESERVATION  OF FUNDS.  Prior to the Closing,  SUN shall reserve an
amount in cash sufficient to make the payment described in Section 3, above, and

                                      -1-
<PAGE>

for tax and  accounting  purposes such payment shall be deemed to have been made
immediately prior to the Closing.

         5 PAYMENTS AT CLOSING.  At the Closing, in lieu of the $1,044,500 to be
paid  to  the  Sellers  pursuant  to  Section  1.2  of the  Agreement,  and  the
not-to-exceed  amount of $205,500 to by paid to  Generational  Equity (the "Cash
Payment Obligations"), Buyer shall make the following payments:

                   Richard Emard                      $212,350.00

                   Abe Emard                           318,525.00

                   Mikhail Podnebesnyy                 212,350.00

                   Emil Beitpolous                     318,525.00

                   Generational Equity, LLC            188,250.00
                                                    --------------

                           Total                    $1,250,000.00

Such payments shall satisfy Buyer's Cash Payment Obligations,  and Sellers shall
indemnify  Buyer and hold  Buyer  harmless  against  any  claim by  Generational
Equity, LLC against SUN, the Sellers or Buyer.

         IN WITNESS WHEREOF,  this Addendum has been entered into as of the date
first above written.

SUN:                          Sun United Network, Inc., a California corporation

                              By:
                                 -----------------------------------------------
                                    Emil Beitpolous. Chief Executive Officer

SELLERS:
                              --------------------------------------------------
                              Emil Beitpolous

                              --------------------------------------------------
                              Abe Emard

                              --------------------------------------------------
                              Richard Emard

                              --------------------------------------------------
                              Mikhail Podnesbesnyy

BUYER:                        SOLAR3D, INC., a Delaware corporation

                              By:
                                 -----------------------------------------------
                                   James B. Nelson, Chief Executive Officer

                                      -2-

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