Document:

EX-4.10

 Exhibit 4.10 

SYNDAX PHARMACEUTICALS, INC. 

AND 

_____________, AS WARRANT AGENT 

FORM OF DEBT SECURITIES 

WARRANT AGREEMENT 

DATED AS OF __________ 

 

 SYNDAX PHARMACEUTICALS, INC. 

FORM OF DEBT SECURITIES WARRANT AGREEMENT 

THIS DEBT SECURITIES WARRANT
AGREEMENT (this “Agreement”), dated as of [•], between SYNDAX PHARMACEUTICALS, INC., a Delaware corporation (the
“Company”), and [•], a [corporation] [national banking association] organized and existing under the laws of [•] and having a corporate trust office in [•], as warrant agent (the “Warrant
Agent”). 
 WHEREAS, the Company has entered into an indenture dated as of [•] (the
“Indenture”), with [•], as trustee (such trustee, and any successors to such trustee, herein called the “Trustee”), providing for the issuance from time to time of its debt securities, to be
issued in one or more series as provided in the Indenture (the “Debt Securities”); 

WHEREAS, the Company proposes to sell [If Warrants are sold with other securities
—[title of such other securities being offered] (the “Other Securities”) with] warrant certificates evidencing one or more warrants (the “Warrants” or, individually, a
“Warrant”) representing the right to purchase [title of Debt Securities purchasable through exercise of Warrants] (the “Warrant Debt Securities”), such warrant certificates and other warrant
certificates issued pursuant to this Agreement being herein called the “Warrant Certificates”; and 

WHEREAS, the Company desires the Warrant Agent to act on behalf of the Company, and the
Warrant Agent is willing so to act, in connection with the issuance, registration, transfer, exchange, exercise and replacement of the Warrant Certificates, and in this Agreement wishes to set forth, among other things, the form and provisions of
the Warrant Certificates and the terms and conditions on which they may be issued, registered, transferred, exchanged, exercised and replaced. 

NOW THEREFORE, in consideration of the premises and of the mutual agreements
herein contained, the parties hereto agree as follows: 
 ARTICLE 1 

ISSUANCE OF WARRANTS AND EXECUTION AND 

DELIVERY OF WARRANT CERTIFICATES 

1.1 Issuance of Warrants. [If Warrants alone — Upon issuance, each Warrant Certificate shall
evidence one or more Warrants.] [If Other Securities and Warrants — Warrant Certificates will be issued in connection with the issuance of the Other Securities but shall be separately transferable and each Warrant Certificate
shall evidence one or more Warrants.] Each Warrant evidenced thereby shall represent the right, subject to the provisions contained herein and therein, to purchase one Warrant Debt Security. [If Other Securities and Warrants —
Warrant Certificates will be issued with the Other Securities and each Warrant Certificate will evidence [•] Warrants for each [$[•] principal amount] [[•] shares] of Other Securities issued.] 

1.2 Execution and Delivery of Warrant Certificates. Each Warrant Certificate, whenever issued, shall
be in registered form substantially in the form set forth in Exhibit A hereto, shall be dated the date of its countersignature by the Warrant Agent and may have such letters, numbers, or other marks of identification or designation and such
legends or endorsements printed, lithographed or engraved thereon as the officers of the Company executing the same may approve (execution thereof to be conclusive evidence of such approval) and as are not inconsistent with the provisions of this
Agreement, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which the Warrants may be listed, or to conform

  
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to usage. The Warrant Certificates shall be signed on behalf of the Company by any of its present or future chief executive officers, presidents, senior vice presidents, vice presidents, chief
financial officers, chief legal officers, treasurers, assistant treasurers, controllers, assistant controllers, secretaries or assistant secretaries under its corporate seal reproduced thereon. Such signatures may be manual or facsimile signatures
of such authorized officers and may be imprinted or otherwise reproduced on the Warrant Certificates. The seal of the Company may be in the form of a facsimile thereof and may be impressed, affixed, imprinted or otherwise reproduced on the Warrant
Certificates. 
 No Warrant Certificate shall be valid for any purpose, and no Warrant evidenced thereby shall be exercisable, until such
Warrant Certificate has been countersigned by the manual signature of the Warrant Agent. Such signature by the Warrant Agent upon any Warrant Certificate executed by the Company shall be conclusive evidence that the Warrant Certificate so
countersigned has been duly issued hereunder. 
 In case any officer of the Company who shall have signed any of the Warrant Certificates
either manually or by facsimile signature shall cease to be such officer before the Warrant Certificates so signed shall have been countersigned and delivered by the Warrant Agent, such Warrant Certificates may be countersigned and delivered
notwithstanding that the person who signed such Warrant Certificates ceased to be such officer of the Company; and any Warrant Certificate may be signed on behalf of the Company by such persons as, at the actual date of the execution of such Warrant
Certificate, shall be the proper officers of the Company, although at the date of the execution of this Agreement any such person was not such officer. 

The term “holder” or “holder of a Warrant Certificate” as used herein shall mean any person in
whose name at the time any Warrant Certificate shall be registered upon the books to be maintained by the Warrant Agent for that purpose. 

1.3 Issuance of Warrant Certificates. Warrant Certificates evidencing the right to purchase Warrant Debt
Securities may be executed by the Company and delivered to the Warrant Agent upon the execution of this Agreement or from time to time thereafter. The Warrant Agent shall, upon receipt of Warrant Certificates duly executed on behalf of the Company,
countersign such Warrant Certificates and shall deliver such Warrant Certificates to or upon the order of the Company. 
 ARTICLE 2

 WARRANT PRICE, DURATION AND EXERCISE OF WARRANTS 

2.1 Warrant Price. During the period specified in Section 2.2, each Warrant shall, subject to the terms of this
Agreement and the applicable Warrant Certificate, entitle the holder thereof to purchase the principal amount of Warrant Debt Securities specified in the applicable Warrant Certificate at an exercise price of [•]% of the principal amount
thereof [plus accrued amortization, if any, of the original issue discount of the Warrant Debt Securities] [plus accrued interest, if any, from the most recent date from which interest shall have been paid on the Warrant Debt Securities or, if no
interest shall have been paid on the Warrant Debt Securities, from the date of their initial issuance.] [The original issue discount ($[•] for each $1,000 principal amount of Warrant Debt Securities) will be amortized at a [•]% annual
rate, computed on a[n] [semi-] annual basis [using a 360-day year consisting of twelve 30-day months].] Such purchase price for the Warrant Debt Securities is referred
to in this Agreement as the “Warrant Price. 

  
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 2.2 Duration of Warrants. Each Warrant may be exercised
in whole or in part at any time, as specified herein, on or after [the date thereof] [•] and at or before [•] p.m., [City] time, on [•] or such later date as the Company may designate by notice to the Warrant Agent and the holders of
Warrant Certificates mailed to their addresses as set forth in the record books of the Warrant Agent (the “Expiration Date”). Each Warrant not exercised at or before [•] p.m., [City] time, on the Expiration Date shall
become void, and all rights of the holder of the Warrant Certificate evidencing such Warrant under this Agreement shall cease. 
 2.3
Exercise of Warrants. 
 (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole
number of Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check
or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate
trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of
the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on
which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such
Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such
date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities
purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the
transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an
account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly
confirm such telephone advice to the Company in writing. 
 (b) The Warrant Agent shall, from time to time, as promptly as
practicable, advise the Company of (i) the number of Warrant Debt Securities with respect to which Warrants were exercised, (ii) the instructions of each holder of the Warrant Certificates evidencing such Warrants with respect to delivery
of the Warrant Debt Securities to which such holder is entitled upon such exercise, (iii) delivery of Warrant Certificates evidencing the balance, if any, of the Warrants for the remaining Warrant Debt Securities after such exercise, and
(iv) such other information as the Company or the Trustee shall reasonably require. 
 (c) As soon as practicable after the
exercise of any Warrant, the Company shall issue pursuant to the Indenture, in authorized denominations, to or upon the order of the holder of the Warrant Certificate evidencing such Warrant the Warrant Debt Securities to which such holder is
entitled, in fully registered form, registered in such name or names as may be directed by such holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of
the Warrant Agent shall manually countersign and deliver, a new Warrant Certificate evidencing Warrants for the number of Warrant Debt Securities remaining unexercised. 

  
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 (d) The Company shall not be required to pay any stamp or other tax or other
governmental charge required to be paid in connection with any transfer involved in the issue of the Warrant Debt Securities, and in the event that any such transfer is involved, the Company shall not be required to issue or deliver any Warrant Debt
Securities until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due. 

(e) Prior to the issuance of any Warrants there shall have been reserved, and the Company shall at all times through the Expiration Date
keep reserved, out of its authorized but unissued Warrant Debt Securities, a number of shares sufficient to provide for the exercise of the Warrants. 

ARTICLE 3 
 OTHER
PROVISIONS RELATING TO RIGHTS OF HOLDERS OF 
 WARRANT CERTIFICATES 

3.1 No Rights as Holder of Warrant Debt Securities Conferred by Warrants or
Warrant Certificates. No Warrant Certificate or Warrant evidenced thereby shall entitle the holder thereof to any of the rights of a holder of Warrant Debt Securities, including, without limitation, the right to receive the payment of
principal of (or premium, if any) or interest, if any, on the Warrant Debt Securities or to enforce any of the covenants in the Indenture. 

3.2 Lost, Stolen, Mutilated or Destroyed Warrant Certificates. Upon receipt by the Warrant Agent of evidence
reasonably satisfactory to it and the Company of the ownership of and the loss, theft, destruction or mutilation of any Warrant Certificate and/or indemnity reasonably satisfactory to the Warrant Agent and the Company and, in the case of mutilation,
upon surrender of the mutilated Warrant Certificate to the Warrant Agent for cancellation, then, in the absence of notice to the Company or the Warrant Agent that such Warrant Certificate has been acquired by a bona fide purchaser, the Company shall
execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, in exchange for or in lieu of the lost, stolen, destroyed or mutilated Warrant Certificate, a new Warrant Certificate of the same tenor and evidencing
Warrants for a like principal amount of Warrant Debt Securities. Upon the issuance of any new Warrant Certificate under this Section 3.2, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that
may be imposed in relation thereto and any other expenses (including the fees and expenses of the Warrant Agent) in connection therewith. Every substitute Warrant Certificate executed and delivered pursuant to this Section 3.2 in lieu of any
lost, stolen or destroyed Warrant Certificate shall represent an additional contractual obligation of the Company, whether or not the lost, stolen or destroyed Warrant Certificate shall be at any time enforceable by anyone, and shall be entitled to
the benefits of this Agreement equally and proportionately with any and all other Warrant Certificates duly executed and delivered hereunder. The provisions of this Section 3.2 are exclusive and shall preclude (to the extent lawful) all other
rights and remedies with respect to the replacement of mutilated, lost, stolen or destroyed Warrant Certificates. 
 3.3 Holder
of Warrant Certificate May Enforce Rights. Notwithstanding any of the provisions of this Agreement, any holder of a Warrant Certificate, without the consent of the Warrant Agent, , the Trustee, the holder of any
Warrant Debt Securities or the holder of any other Warrant Certificate, may, in such holder’s own behalf and for such holder’s own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company suitable
to enforce, or otherwise in respect of, such holder’s right to exercise the Warrants evidenced by such holder’s Warrant Certificate in the manner provided in such holder’s Warrant Certificates and in this Agreement. 

  
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 3.4 Merger, Sale, Conveyance or Lease. In case of (a) any share exchange,
merger or similar transaction of the Company with or into another person or entity (other than a share exchange, merger or similar transaction in which the Company is the acquiring or surviving corporation) or (b) the sale, exchange, lease,
transfer or other disposition of all or substantially all of the properties and assets of the Company as an entirety (in any such case, a “Reorganization Event”), then, as a condition of such Reorganization Event, lawful
provisions shall be made, and duly executed documents evidencing the same from the Company’s successor shall be delivered to the holders of the Warrants, so that such successor shall succeed to and be substituted for the Company, and assume all
the Company’s obligations under, this Agreement and the Warrants. The Company shall thereupon be relieved of any further obligation hereunder or under the Warrants, and the Company as the predecessor corporation may thereupon or at any time
thereafter be dissolved, wound up or liquidated. Such successor or assuming entity thereupon may cause to be signed, and may issue either in its own name or in the name of the Company, any or all of the Warrants issuable hereunder which heretofore
shall not have been signed by the Company, and may execute and deliver securities in its own name, in fulfillment of its obligations to deliver Warrant Debt Securities upon exercise of the Warrants. All the Warrants so issued shall in all respects
have the same legal rank and benefit under this Agreement as the Warrants theretofore or thereafter issued in accordance with the terms of this Agreement as though all of such Warrants had been issued at the date of the execution hereof. In any case
of any such Reorganization Event, such changes in phraseology and form (but not in substance) may be made in the Warrants thereafter to be issued as may be appropriate. The Warrant Agent may receive a written opinion of legal counsel as conclusive
evidence that any such Reorganization Event complies with the provisions of this Section 3.4. 
 3.5 Notice to
Warrantholders. In case the Company shall (a) effect any Reorganization Event or (b) make any distribution on or in respect of the [title of Warrant Debt Securities] in connection with the dissolution, liquidation or winding up
of the Company, then the Company shall mail to each holder of Warrants at such holder’s address as it shall appear on the books of the Warrant Agent, at least ten days prior to the applicable date hereinafter specified, a notice stating the
date on which such Reorganization Event, dissolution, liquidation or winding up is expected to become effective, and the date as of which it is expected that holders of [title of Warrant Debt Securities] of record shall be entitled to exchange their
shares of [title of Warrant Debt Securities] for securities or other property deliverable upon such Reorganization Event, dissolution, liquidation or winding up. No failure to mail such notice nor any defect therein or in the mailing thereof shall
affect any such transaction. 
 ARTICLE 4 

EXCHANGE AND TRANSFER OF WARRANT CERTIFICATES 

4.1 Exchange and Transfer of Warrant Certificates. Upon surrender at the corporate trust office of the Warrant Agent, Warrant
Certificates evidencing Warrants may be exchanged for Warrant Certificates in other denominations evidencing such Warrants or the transfer thereof may be registered in whole or in part; provided that such other Warrant Certificates evidence Warrants
for the same aggregate principal amount of Warrant Debt Securities as the Warrant Certificates so surrendered. The Warrant Agent shall keep, at its corporate trust office, books in which, subject to such reasonable regulations as it may prescribe,
it shall register Warrant Certificates and exchanges and transfers of outstanding Warrant Certificates, upon surrender of the Warrant Certificates to the Warrant Agent at its corporate trust office for exchange or registration of transfer, properly
endorsed or accompanied by appropriate instruments of registration of transfer and written instructions for transfer, all in form satisfactory to the Company and the Warrant Agent. No service charge shall be made for any exchange or registration of
transfer of Warrant Certificates, but the Company may require payment of a sum sufficient to cover any stamp or other tax or other governmental charge that may be imposed in connection with any such exchange or registration of transfer. Whenever any
Warrant Certificates are so surrendered for exchange or registration of transfer, an authorized officer of the Warrant Agent shall manually countersign and deliver to the person or persons entitled thereto a Warrant Certificate or Warrant
Certificates duly authorized and 

  
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executed by the Company, as so requested. The Warrant Agent shall not be required to effect any exchange or registration of transfer which will result in the issuance of a Warrant Certificate
evidencing a Warrant for a fraction of a Warrant Debt Security or a number of Warrants for a whole number of Warrant Debt Securities and a fraction of a Warrant Debt Security. All Warrant Certificates issued upon any exchange or registration of
transfer of Warrant Certificates shall be the valid obligations of the Company, evidencing the same obligations and entitled to the same benefits under this Agreement as the Warrant Certificate surrendered for such exchange or registration of
transfer. 
 4.2 Treatment of Holders of Warrant Certificates. The Company,
the Warrant Agent and all other persons may treat the registered holder of a Warrant Certificate as the absolute owner thereof for any purpose and as the person entitled to exercise the rights represented by the Warrants evidenced thereby, any
notice to the contrary notwithstanding. 
 4.3 Cancellation of Warrant Certificates. Any Warrant
Certificate surrendered for exchange, registration of transfer or exercise of the Warrants evidenced thereby shall, if surrendered to the Company, be delivered to the Warrant Agent and all Warrant Certificates surrendered or so delivered to the
Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued and, except as expressly permitted by this Agreement, no Warrant Certificate shall be issued hereunder in exchange therefor or in lieu thereof. The Warrant Agent
shall deliver to the Company from time to time or otherwise dispose of canceled Warrant Certificates in a manner satisfactory to the Company. 

ARTICLE 5 
 CONCERNING
THE WARRANT AGENT 
 5.1 Warrant Agent. The Company hereby appoints [•] as Warrant Agent of the Company in respect of
the Warrants and the Warrant Certificates upon the terms and subject to the conditions herein set forth, and [•] hereby accepts such appointment. The Warrant Agent shall have the powers and authority granted to and conferred upon it in the
Warrant Certificates and hereby and such further powers and authority to act on behalf of the Company as the Company may hereafter grant to or confer upon it. All of the terms and provisions with respect to such powers and authority contained in the
Warrant Certificates are subject to and governed by the terms and provisions hereof. 
 5.2 Conditions of
Warrant Agent’s Obligations. The Warrant Agent accepts its obligations herein set forth upon the terms and conditions hereof, including the following to all of which the Company agrees and to all of which the rights
hereunder of the holders from time to time of the Warrant Certificates shall be subject: 
 (a) Compensation and
Indemnification. The Company agrees promptly to pay the Warrant Agent the compensation to be agreed upon with the Company for all services rendered by the Warrant Agent and to reimburse the Warrant Agent for reasonable out-of-pocket expenses (including reasonable counsel fees) incurred without negligence, bad faith or willful misconduct by the Warrant Agent in connection with the services
rendered hereunder by the Warrant Agent. The Company also agrees to indemnify the Warrant Agent for, and to hold it harmless against, any loss, liability or expense incurred without negligence, bad faith or willful misconduct on the part of the
Warrant Agent, arising out of or in connection with its acting as Warrant Agent hereunder, including the reasonable costs and expenses of defending against any claim of such liability. 

  
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 (b) Agent for the Company. In acting under this
Agreement and in connection with the Warrant Certificates, the Warrant Agent is acting solely as agent of the Company and does not assume any obligations or relationship of agency or trust for or with any of the holders of Warrant Certificates or
beneficial owners of Warrants. 
 (c) Counsel. The Warrant Agent may consult with counsel satisfactory to it, which may include
counsel for the Company, and the written advice of such counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in accordance with the advice of such
counsel. 
 (d) Documents. The Warrant Agent shall be protected and shall incur no liability for or in respect of any action
taken or omitted by it in reliance upon any Warrant Certificate, notice, direction, consent, certificate, affidavit, statement or other paper or document reasonably believed by it to be genuine and to have been presented or signed by the proper
parties. 
 (e) Certain Transactions. The Warrant Agent, and its officers, directors and employees, may become the owner of, or
acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other
transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Debt Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in
this Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party, including, without limitation, as Trustee under the Indenture. 

(f) No Liability for Interest. Unless otherwise agreed with the Company, the Warrant Agent shall have no liability
for interest on any monies at any time received by it pursuant to any of the provisions of this Agreement or of the Warrant Certificates. 

(g) No Liability for Invalidity. The Warrant Agent shall have no liability with respect to any invalidity of this
Agreement or any of the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon). 
 (h) No
Responsibility for Representations. The Warrant Agent shall not be responsible for any of the recitals or representations herein or in the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon), all
of which are made solely by the Company. 
 (i) No Implied Obligations. The Warrant Agent shall be obligated to perform only
such duties as are herein and in the Warrant Certificates specifically set forth and no implied duties or obligations shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall not be under any
obligation to take any action hereunder which may tend to involve it in any expense or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall not be accountable or under any
duty or responsibility for the use by the Company of any of the Warrant Certificates authenticated by the Warrant Agent and delivered by it to the Company pursuant to this Agreement or for the application by the Company of the proceeds of the
Warrant Certificates. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained herein or in the Warrant Certificates or in the case of the receipt of any
written demand from a holder of a Warrant Certificate with respect to such default, including, without limiting the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law or otherwise or,
except as provided in Section 6.2 hereof, to make any demand upon the Company. 

  
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 5.3 Resignation, Removal and Appointment of Successors. 

(a) The Company agrees, for the benefit of the holders from time to time of the Warrant Certificates, that there shall at all times be a
Warrant Agent hereunder until all the Warrants have been exercised or are no longer exercisable. 
 (b) The Warrant Agent may at any
time resign as agent by giving written notice to the Company of such intention on its part, specifying the date on which its desired resignation shall become effective; provided that such date shall not be less than three months after the date on
which such notice is given unless the Company otherwise agrees. The Warrant Agent hereunder may be removed at any time by the filing with it of an instrument in writing signed by or on behalf of the Company and specifying such removal and the
intended date when it shall become effective. Such resignation or removal shall take effect upon the appointment by the Company, as hereinafter provided, of a successor Warrant Agent (which shall be a bank or trust company authorized under the laws
of the jurisdiction of its organization to exercise corporate trust powers) and the acceptance of such appointment by such successor Warrant Agent. The obligation of the Company under Section 5.2(a) shall continue to the extent set forth
therein notwithstanding the resignation or removal of the Warrant Agent. 
 (c) In case at any time the Warrant Agent shall resign, or
shall be removed, or shall become incapable of acting, or shall be adjudged a bankrupt or insolvent, or shall commence a voluntary case under the Federal bankruptcy laws, as now or hereafter constituted, or under any other applicable Federal or
state bankruptcy, insolvency or similar law or shall consent to the appointment of or taking possession by a receiver, custodian, liquidator, assignee, trustee, sequestrator (or other similar official) of the Warrant Agent or its property or
affairs, or shall make an assignment for the benefit of creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take corporate action in furtherance of any such action, or a decree or order for
relief by a court having jurisdiction in the premises shall have been entered in respect of the Warrant Agent in an involuntary case under the Federal bankruptcy laws, as now or hereafter constituted, or any other applicable Federal or state
bankruptcy, insolvency or similar law, or a decree or order by a court having jurisdiction in the premises shall have been entered for the appointment of a receiver, custodian, liquidator, assignee, trustee, sequestrator (or similar official) of the
Warrant Agent or of its property or affairs, or any public officer shall take charge or control of the Warrant Agent or of its property or affairs for the purpose of rehabilitation, conservation, winding up or liquidation, a successor Warrant Agent,
qualified as aforesaid, shall be appointed by the Company by an instrument in writing, filed with the successor Warrant Agent. Upon the appointment as aforesaid of a successor Warrant Agent and acceptance by the successor Warrant Agent of such
appointment, the Warrant Agent shall cease to be Warrant Agent hereunder. 
 (d) Any successor Warrant Agent appointed hereunder shall
execute, acknowledge and deliver to its predecessor and to the Company an instrument accepting such appointment hereunder, and thereupon such successor Warrant Agent, without any further act, deed or conveyance, shall become vested with all the
authority, rights, powers, trusts, immunities, duties and obligations of such predecessor with like effect as if originally named as Warrant Agent hereunder, and such predecessor, upon payment of its charges and disbursements then unpaid, shall
thereupon become obligated to transfer, deliver and pay over, and such successor Warrant Agent shall be entitled to receive, all monies, securities and other property on deposit with or held by such predecessor, as Warrant Agent hereunder. 

(e) Any corporation into which the Warrant Agent hereunder may be merged or converted or any corporation with which the Warrant Agent
may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Warrant Agent shall be a party, or any corporation to which the Warrant Agent shall sell or otherwise transfer all or substantially all the
assets and business of the Warrant Agent, provided that it shall be qualified as aforesaid, shall be the successor Warrant Agent under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties
hereto. 

  
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 ARTICLE 6 

MISCELLANEOUS 
 6.1
Amendment. This Agreement may be amended by the parties hereto, without the consent of the holder of any Warrant Certificate, for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision contained
herein, or making any other provisions with respect to matters or questions arising under this Agreement as the Company and the Warrant Agent may deem necessary or desirable; provided that such action shall not materially adversely affect the
interests of the holders of the Warrant Certificates. 
 6.2 Notices and Demands to the Company
and Warrant Agent. If the Warrant Agent shall receive any notice or demand addressed to the Company by the holder of a Warrant Certificate pursuant to the provisions of the Warrant Certificates, the Warrant Agent shall promptly
forward such notice or demand to the Company. 
 6.3 Addresses. Any communication from the Company to the Warrant Agent with
respect to this Agreement shall be addressed to [•], Attention: [•] and any communication from the Warrant Agent to the Company with respect to this Agreement shall be addressed to Syndax Pharmaceuticals, Inc., 35 Gatehouse Drive, Building
D, Floor 3, Waltham, Massachusetts 02451, Attention: General Counsel (or such other address as shall be specified in writing by the Warrant Agent or by the Company). 

6.4 Governing Law. This Agreement and each Warrant Certificate issued hereunder shall be governed by and construed in accordance
with the laws of the State of New York. 
 6.5 Delivery of Prospectus. The Company shall furnish to the Warrant
Agent sufficient copies of a prospectus meeting the requirements of the Securities Act of 1933, as amended, relating to the Warrant Debt Securities deliverable upon exercise of the Warrants (the “Prospectus”), and the Warrant
Agent agrees that upon the exercise of any Warrant, the Warrant Agent will deliver to the holder of the Warrant Certificate evidencing such Warrant, prior to or concurrently with the delivery of the Warrant Debt Securities issued upon such exercise,
a Prospectus. The Warrant Agent shall not, by reason of any such delivery, assume any responsibility for the accuracy or adequacy of such Prospectus. 

6.6 Obtaining of Governmental Approvals. The Company will from time to time take all action which may be necessary
to obtain and keep effective any and all permits, consents and approvals of governmental agencies and authorities and securities act filings under United States Federal and state laws (including without limitation a registration statement in respect
of the Warrants and Warrant Debt Securities under the Securities Act of 1933, as amended), which may be or become requisite in connection with the issuance, sale, transfer, and delivery of the Warrant Debt Securities issued upon exercise of the
Warrants, the issuance, sale, transfer and delivery of the Warrants or upon the expiration of the period during which the Warrants are exercisable. 

6.7 Persons Having Rights Under the Agreement. Nothing in this Agreement shall give to any person other than the Company, the
Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement. 
 6.8
Headings. The descriptive headings of the several Articles and Sections of this Agreement are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof. 

  
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 6.9 Counterparts. This Agreement may be executed in any number of
counterparts, each of which as so executed shall be deemed to be an original, but such counterparts shall together constitute but one and the same instrument. 

6.10 Inspection of Agreement. A copy of this Agreement shall be available at all reasonable times at the principal
corporate trust office of the Warrant Agent for inspection by the holder of any Warrant Certificate. The Warrant Agent may require such holder to submit such holder’s Warrant Certificate for inspection by it. 

  
 10 

 IN WITNESS WHEREOF, the parties hereto
have caused this Agreement to be duly executed as of the day and year first above written. 
  

			
	SYNDAX PHARMACEUTICALS, INC., as Company

 
			
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
	ATTEST:	 	  

		 	  

 
			
	
	COUNTERSIGNED
	
	[•], as Warrant Agent

 
			
		
	By:	 	 
	Name:	 	 
	Title:	 	 
		
	ATTEST:	 	  

		 	  

 [SIGNATURE PAGE TO SYNDAX
PHARMACEUTICALS, INC. DEBT SECURITIES WARRANT AGREEMENT] 

 EXHIBIT A 

FORM OF WARRANT CERTIFICATE 

[FACE OF WARRANT CERTIFICATE] 
  

			
	[Form of Legend if Warrants are not immediately exercisable.]	  	[Prior to [•], Warrants evidenced by this Warrant Certificate cannot be exercised.]

 EXERCISABLE ONLY IF COUNTERSIGNED BY THE WARRANT AGENT AS PROVIDED 

HEREIN 
 VOID AFTER [•] P.M.,
[City] time, ON [•]. 

 SYNDAX PHARMACEUTICALS, INC. 

WARRANT CERTIFICATE REPRESENTING 

WARRANTS TO PURCHASE 

[TITLE OF WARRANT DEBT SECURITIES] 
  

			
	No. [•]	  	[•] Warrants

 This certifies that [•] or registered assigns is the registered owner of the above indicated number of Warrants, each
Warrant entitling such owner to purchase, at any time [after [•] p.m., [City] time, [on [•] and] on or before [•] p.m., [City] time, on [•], $[•] principal amount of [TITLE OF WARRANT DEBT SECURITIES] (the
“Warrant Debt Securities”), of Syndax Pharmaceuticals, Inc. (the “Company”) issued or to be issued under the Indenture (as hereinafter defined), on the following basis: during the period from [•],
through and including [•], each Warrant shall entitle the Holder thereof, subject to the provisions of this Agreement, to purchase the principal amount of Warrant Debt Securities stated in the Warrant Certificate at the warrant price (the
“Warrant Price”) of [•]% of the principal amount thereof [plus accrued amortization, if any, of the original issue discount of the Warrant Debt Securities] [plus accrued interest, if any, from the most recent date from
which interest shall have been paid on the Warrant Debt Securities or, if no interest shall have been paid on the Warrant Debt Securities, from the date of their original issuance]. [The original issue discount ($[•] for each $1,000 principal
amount of Warrant Debt Securities) will be amortized at a [•]% annual rate, computed on a[n] [semi-]annual basis [using a 360-day year consisting of twelve 30-day
months]. The Holder may exercise the Warrants evidenced hereby by providing certain information set forth on the back hereof and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank
check in New York Clearing House funds] [by bank wire transfer in immediately available funds], the Warrant Price for each Warrant Debt Security with respect to which this Warrant is exercised to the Warrant Agent (as hereinafter defined) and by
surrendering this Warrant Certificate, with the purchase form on the back hereof duly executed, at the corporate trust office of [name of Warrant Agent], or its successor as warrant agent (the “Warrant Agent”), which is, on
the date hereof, at the address specified on the reverse hereof, and upon compliance with and subject to the conditions set forth herein and in the Warrant Agreement (as hereinafter defined). 

The term “Holder” as used herein shall mean the person in whose name at the time this Warrant Certificate shall be registered upon the
books to be maintained by the Warrant Agent for that purpose pursuant to Section 4 of the Warrant Agreement. 
 The Warrants evidenced by this Warrant
Certificate may be exercised to purchase Warrant Debt Securities in the principal amount of $1,000 or any integral multiple thereof in registered form. Upon any exercise of fewer than all of the Warrants evidenced by this Warrant Certificate, there
shall be issued to the Holder hereof a new Warrant Certificate evidencing Warrants for the aggregate principal amount of Warrant Debt Securities remaining unexercised. 

This Warrant Certificate is issued under and in accordance with the Warrant Agreement dated as of [•] (the “Warrant Agreement”),
between the Company and the Warrant Agent and is subject to the terms and provisions contained in the Warrant Agreement, to all of which terms and provisions the Holder of this Warrant Certificate consents by acceptance hereof. Copies of the Warrant
Agreement are on file at the above-mentioned office of the Warrant Agent. 

 The Warrant Debt Securities to be issued and delivered upon the exercise of Warrants evidenced by this
Warrant Certificate will be issued under and in accordance with an Indenture, dated as of [•] (the “Indenture”), between the Company and [•], as trustee (such trustee, and any successors to such trustee, the
“Trustee”)] and will be subject to the terms and provisions contained in the Warrant Debt Securities and in the Indenture. Copies of the Indenture, including the form of the Warrant Debt Securities, are on file at the
corporate trust office of the Trustee. 
 Transfer of this Warrant Certificate may be registered when this Warrant Certificate is surrendered at the
corporate trust office of the Warrant Agent by the registered owner or such owner’s assigns, in the manner and subject to the limitations provided in the Warrant Agreement. 

After countersignature by the Warrant Agent and prior to the expiration of this Warrant Certificate, this Warrant Certificate may be exchanged at the
corporate trust office of the Warrant Agent for Warrant Certificates representing Warrants for the same aggregate principal amount of Warrant Debt Securities. 

This Warrant Certificate shall not entitle the Holder hereof to any of the rights of a holder of the Warrant Debt Securities, including, without limitation,
the right to receive payments of principal of (and premium, if any) or interest, if any, on the Warrant Debt Securities or to enforce any of the covenants of the Indenture. 

Reference is hereby made to the further provisions of this Warrant Certificate set forth on the reverse hereof, which further provisions shall for all
purposes have the same effect as if set forth at this place. 
 This Warrant Certificate shall not be valid or obligatory for any purpose until
countersigned by the Warrant Agent. 
 IN WITNESS WHEREOF, the Company has caused this
Warrant to be executed in its name and on its behalf by the facsimile signatures of its duly authorized officers. 
  

			
	Dated:                
	
	SYNDAX PHARMACEUTICALS, INC., as Company

			
		
	By:	 	
                 

	Name:	 	
                 

	Title:	 	
                 

		
	ATTEST:	 	
                 

		 	  

			
	
	 COUNTERSIGNED
  

[•], as Warrant Agent

			
		
	By:	 	
                 

	Name:	 	
                 

	Title:	 	
                 

		
	ATTEST:	 	
                 

		 	
                 

 [REVERSE OF WARRANT CERTIFICATE] 

(Instructions for Exercise of Warrant) 

To exercise any Warrants evidenced hereby for Warrant Debt Securities (as hereinafter defined), the Holder must pay, in lawful money of the
United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds], the Warrant Price in full for Warrants exercised, to [•] [address of
Warrant Agent], Attention: [•], which payment must specify the name of the Holder and the number of Warrants exercised by such Holder. In addition, the Holder must complete the information required below and present this Warrant Certificate in
person or by mail (certified or registered mail is recommended) to the Warrant Agent at the appropriate address set forth above. This Warrant Certificate, completed and duly executed, must be received by the Warrant Agent within five business days
of the payment. 
 (To be executed upon exercise of Warrants) 

The undersigned hereby irrevocably elects to exercise ______ Warrants, evidenced by this Warrant Certificate, to purchase _______ $[•]
principal amount of the [TITLE OF WARRANT DEBT SECURITIES] (the “Warrant Debt Securities”), of Syndax Pharmaceuticals, Inc. and represents that the undersigned has tendered payment for such Warrant Debt Securities, in lawful
money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds], to the order of Syndax Pharmaceuticals, Inc., c/o [insert name and
address of Warrant Agent], in the amount of $_________ in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Debt Securities be in fully registered form in the authorized denominations, registered in
such names and delivered all as specified in accordance with the instructions set forth below. 
 If the number of Warrants exercised is
less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate evidencing the Warrants for the aggregate principal amount of Warrant Debt Securities remaining unexercised be issued and delivered to the
undersigned unless otherwise specified in the instructions below. 
  

					
	Dated:                                     
                                   	  	Name:	  	  

		  		  	Please Print
			
	Address:	  		  	
		
	                                    
                                         
                       	  	
	(Insert Social Security or Other Identifying Number of Holder)	  	
		
	Signature
Guaranteed:                                       
                                 	  	
	 Signature
	  		  	

 (Signature must conform in all respects to name of holder as specified on the face of this Warrant Certificate and must bear a
signature guarantee by a FINRA member firm). 
 This Warrant may be exercised at the following addresses: By hand at: 

[•] 

 By mail at: 

[Instructions as to form and delivery of Warrant Debt Securities and, if applicable, Warrant Certificates evidencing Warrants for the number of Warrant Debt
Securities remaining unexercised—complete as appropriate.] 

 ASSIGNMENT 

[Form of assignment to be executed if Warrant Holder desires to transfer Warrant] 

FOR VALUE RECEIVED, ______________ hereby sells, assigns and
transfers unto: 
  

			
	                                      
                                         
                         	 	  

	(Please print name and address including zip code)	 	Please print Social Security or other identifying number

 the right represented by the within Warrant to purchase ________ aggregate principal amount of [Title of Warrant Debt
Securities] of Syndax Pharmaceuticals, Inc. to which the within Warrant relates and appoints ____________________ attorney to transfer such right on the books of the Warrant Agent with full power of substitution in the premises. 

 

			
	Dated:                                     
                           	  	Name:                                     
                                         
              
		  	Signature

 (Signature must conform in all respects to name of holder as specified on the face of the Warrant) 

 

			
	Signature GuaranteedLIMITED
LIABILITY COMPANY AGREEMENT

 

OF

 

OPM
GREEN ENERGY, LLC

 

Dated
as of August 20, 2019

 

THE
MEMBERSHIP INTERESTS HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY JURISDICTION.
NO MEMBERSHIP INTEREST MAY BE SOLD OR OFFERED FOR SALE (WITHIN THE MEANING OF ANY SECURITIES LAW) UNLESS A REGISTRATION STATEMENT
UNDER ALL APPLICABLE SECURITIES LAWS WITH RESPECT TO THE MEMBERSHIP INTEREST IS THEN IN EFFECT OR AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THOSE LAWS IS THEN APPLICABLE TO THE MEMBERSHIP INTEREST. A MEMBERSHIP INTEREST ALSO MAY NOT BE TRANSFERRED OR
ENCUMBERED UNLESS THE APPLICABLE PROVISIONS OF THIS AGREEMENT ARE SATISFIED.

 

    	 		 

    	 	 	 

    

 

LIMITED
LIABILITY COMPANY AGREEMENT

OF

OPM GREEN ENERGY, LLC

 

TABLE OF CONTENTS

 

	ARTICLE
    I DEFINITIONS	1
	 	 
	1.1	Definitions.	1
	1.2	Construction.	6
	 	 	 
	ARTICLE
    II FORMATION	7
	 	 
	2.1	Formation.	7
	2.2	Name.	7
	2.3	Registered
    Office and Agent; Principal and Other Offices.	7
	2.4	Purpose.	7
	2.5	Duration.	7
	2.6	No
    State-Law Partnership	7
	2.7	Qualification.	7
	 	 	 
	ARTICLE
    III MEMBERS; DISPOSITIONS OF MEMBERSHIP INTERESTS; REMOVAL	7
	 	 
	3.1	Members.	7
	3.2	Withdrawal.	7
	3.3	Dispositions.	7
	3.4	Admission
    of New Members.	15
	3.5	Interests
    in a Member.	15
	3.6	Transfer
    upon Termination of Marital Relationship	15
	3.7	Liability
    to Third Parties.	15
	3.8	Lack
    of Authority.	15
	3.9	Units.	15
	3.10	Profits
    Interests.	15
	 	 	 
	ARTICLE
    IV CAPITAL CONTRIBUTIONS	16
	 	 
	4.1	Initial
    Contributions.	16
	4.2	Additional
    Contributions.	16
	4.3	Return
    of Contributions.	16
	4.4	Advances
    by Members.	16
	4.5	No
    Deficit Restoration Obligation.	16
	 	 	 
	ARTICLE
    V ALLOCATIONS AND DISTRIBUTIONS	16
	 	 
	5.1	Distributions.	16
	5.2	Allocations
    of Net Profits and Net Losses.	17
	5.3	Income
    Tax Allocations.	19
	5.4	Allocations
    Upon Transfer.	20
	5.5	Capital
    Accounts.	20
	5.6	Amendments
    for Changes in Income Tax Regulations.	21
	5.7	Consent
    to Allocations.	21
	5.8	Withholding.	22

 

    	 	-i-	 

    	 	 	 

    

 

	ARTICLE
    VI MANAGEMENT	22
	 	 
	6.1	Management
    by Manager.	22
	6.2	Appointment	23
	6.3	Resignation.	23
	6.4	Action
    of the Manager.	23
	6.5	No
    Compensation.	23
	6.6	Officers.	23
	 	 	 
	ARTICLE
    VII ACTIONS AND MEETINGS OF MEMBERS	24
	 	 
	7.1	Rights
    or Powers of the Members.	24
	7.2	Voting
    Rights.	24
	7.3	Meetings.	24
	7.4	Actions
    without Meeting.	25
	 	 	 
	ARTICLE
    VIII STANDARD OF CARE; LIABILITY; INDEMNIFICATION; DUTIES	25
	 	 
	8.1	Standard
    of Care.	25
	8.2	Exculpation	25
	8.3	Indemnification.	26
	8.4	Transactions
    with Members.	27
	8.5	General.	27
	 	 	 
	ARTICLE
    IX REPRESENTATIONS AND WARRANTIES	27
	 	 
	9.1	Representations
    and Warranties.	27
	 	 	 
	ARTICLE
    X TAXES	28
	 	 	 
	10.1	Preparation
    of Tax Returns.	28
	10.2	Tax
    Elections.	28
	10.3	Tax
    Matters Representative.	29
	 	 	 
	ARTICLE
    XI BOOKS, RECORDS, REPORTS AND BANK ACCOUNTS	29
	 	 
	11.1	Books
    and Records.	29
	11.2	Reports.	29
	11.3	Accounts.	30
	11.4	Restriction
    on Information Rights.	30
	 	 	 
	ARTICLE
    XII PURCHASE RIGHTS	30
	 	 
	12.1	Purchase
    Events.	30
	12.2	Forfeiture.	33
	 	 	 
	ARTICLE
    XIII DISSOLUTION, LIQUIDATION AND TERMINATION	33
	 	 
	13.1	Dissolution.	33
	13.2	Liquidation
    and Termination.	34
	13.3	Compliance
    with Timing Requirements of Regulations.	35
	13.4	Termination
    of the Company.	35

 

    	 	-ii-	 

    	 	 	 

    

 

	ARTICLE
    XIV GENERAL PROVISIONS	35
	 	 
	14.1	Offset.	35
	14.2	Notices.	35
	14.3	Entire
    Agreement; Supersedure; Additional Agreements.	35
	14.4	Effect
    of Waiver or Consent.	35
	14.5	Amendment
    or Modification.	36
	14.6	Binding
    Effect.	36
	14.7	Governing
    Law; Venue.	36
	14.8	Waiver
    of Jury Trial.	36
	14.9	Equitable
    Remedies.	36
	14.10	Attorneys’
    Fees.	36
	14.11	Severability
    of Provisions.	37
	14.12	Further
    Assurances.	37
	14.13	Waiver
    of Certain Rights.	37
	14.14	Spousal
    Consents.	37
	14.15	Powers
    of Attorney.	37
	14.16	Counterparts.	38

 

EXHIBIT
A – Units and Sharing Ratios

 

    	 	-iii-	 

    	 	 	 

    

 

LIMITED
LIABILITY COMPANY AGREEMENT

OF

OPM GREEN ENERGY, LLC

 

This
Limited Liability Company Agreement (this “Agreement”), dated as of August 20, 2019 (the “Effective
Date”), is entered into by and among the Members, as defined below.

 

RECITALS

 

WHEREAS,
OPM Green Energy, LLC (the “Company”) was formed pursuant to the filing of a Certificate of Formation
(as defined below) with the Secretary of State of the State of Texas on June 7, 2019; and

 

WHEREAS,
the Members desire to enter into this Agreement to establish the governance of the Company.

 

AGREEMENT

 

NOW,
THEREFORE, for and in consideration of the mutual covenants and agreements set forth herein and intending to be legally bound,
the parties hereto hereby enter into this Agreement pursuant to the provisions and upon the terms and conditions herein contained,
and hereby agree as follows:

 

ARTICLE
I

DEFINITIONS

 

1.1 Definitions.

 

As
used in this Agreement, these terms have the following meanings: 

 

“Adjusted
Capital Account” means with respect to any Member, the balance in such Member’s Capital Account as of the
end of the relevant Fiscal Year, after giving effect to the following adjustments:

 

		(i)	credit
                                         to such Capital Account any amounts which such Member is obligated to restore or is treated
                                         as obligated to restore pursuant to Section 1.704-1(b)(2)(ii)(c) of the Treasury Regulations
                                         or the penultimate sentence in each of Sections 1.704-2(g)(1) and 1.704-2(i)(5) of the
                                         Treasury Regulations; and

 

		(ii)	debit
                                         to such Capital Account such Member’s share of the items described in Sections
                                         1.704-1(b)(2)(ii)(d)(4); 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6) of the Treasury
                                         Regulations.

 

This
definition of Adjusted Capital Account is intended to comply with the provisions of Section 1.704-1(b)(2)(ii)(d) of the
Treasury Regulations and shall be interpreted consistently therewith.

 

“Adjustment
Period” means any period of time that begins on the date the Certificate of Formation was filed in the office of
the Secretary of State of the State of Texas (in the case of the first Adjustment Period) or the day following the end of the
immediately preceding Adjustment Period (with respect to each subsequent Adjustment Period) and ends on the first to occur of:
(i) the last day of a Fiscal Year; (ii) the day immediately preceding the date of the “liquidation” of a Member’s
interest in the Company (within the meaning of Section 1.704-1(b)(2)(ii)(g) of the Regulations); or (iii) the date on which the
Company is terminated under Article XIII.

 

“Admission
Date” has the meaning set forth in Section 3.3(g).

 

“Affiliate”
means with respect to any Person, (i) any other Person directly or indirectly controlled by, controlling, or under direct or indirect
common control with the specified Person, (ii) any member of the Immediate Family of such Person, or (iii) a trust created for
the benefit of a member of the Immediate Family of such Person. For the purposes of this definition, “control” when
used with respect to any specified Person means the power to direct the management and policies of that Person, directly or indirectly,
whether through the ownership of voting securities or other beneficial interest, by contract or otherwise; and the terms “controlling”
and “controlled” have the meanings correlative to the foregoing.

 

“Agreement”
has the meaning set forth in the preamble hereto.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC] 

 

    	 	Page 1 of 39	 

    	 	 	 

    

 

“Applicable
Offered Units” shall mean the Offered Units with respect to those Members holding Units.

 

“Applicable
ROFO Rightholders” shall mean, in the case of a proposed Disposition of Units, all Members (including any Member
to whom a Disposition is proposed to be made but excluding Profit Unit Members) other than the Disposing Member.

 

“Buyer”
has the meaning set forth in Section 12.1(a).

 

“Capital
Account” has the meaning set forth in Section 5.5.

 

“Capital
Contribution” means the total amount of cash and the Fair Market Value of any other assets contributed to the Company
by a Member, net of liabilities assumed or to which the assets contributed are subject.

 

“Certificate
of Formation” has the meaning set forth in Section 2.1.

 

“Code”
means the Internal Revenue Code of 1986, as amended.

 

“Company”
has the meaning set forth in the recitals hereto.

 

“Company
Minimum Gain” shall mean the amount computed under Section 1.704-2(d)(l) of the Regulations with respect to the
Company’s nonrecourse liabilities as determined under Section 1.752-1(a)(2) of the Regulations.

 

“Company
Nonrecourse Deductions” shall mean any loss, deduction, or Code Section 705(a)(2)(B) expenditure (or item thereof)
that is attributable to nonrecourse liabilities (as defined in Section 1.752-1(a)(2) of the Regulations) of the Company.

 

“Consultant”
has the meaning set forth in Section 12.1(e).

 

“Covered
Person” means any Member, Manager or Officer of the Company and any Person of whom such Member, Manager or Officer
is the legal representative.

 

“Deceased
Spouse” has the meaning set forth in Section 3.6.

 

“Dispose,”
“Disposing,” or “Disposition” means a sale, assignment, transfer, exchange,
mortgage, pledge, grant of a security interest, or other disposition or encumbrance (including by operation of law), or the acts
thereof.

 

“Disposing
Member” has the meaning set forth in Section 3.3(b).

 

“Disposition
Notice” has the meaning set forth in Section 3.3(b).

 

“Disqualification
Event” means any of the “bad actor” disqualifications described in Rule 506(d)(1)(i) through (viii),
as modified by Rules 506(d)(2) and (d)(3), under the Securities Act.

 

“Drag-Along
Members” has the meaning set forth in Section 3.3(c).

 

“Drag-Along
Notice” has the meaning set forth in Section 3.3(c).

 

“Drag-Along
Sale” has the meaning set forth in Section 3.3(c).

 

“Dragging
Members” has the meaning set forth in Section 3.3(c).

 

“Effective
Date” has the meaning set forth in the preamble hereto.

 

“Electronic
Transmission” means any form of communication not directly involving the physical transmission of paper that creates
a record that may be retained, retrieved, and reviewed by a recipient thereof and that may be directly reproduced in paper form
by such a recipient through an automated process.

 

“Exercising
Buyer” has the meaning set forth in Section 12.1(b).

 

“Fair
Market Value” means, with respect to any property, the value that would be obtained in an arm’s length transaction
for ownership of such property for cash between an informed and willing seller and an informed and willing purchaser, each with
an adequate understanding of the facts and under no compulsion to buy or sell. Except as otherwise described herein, the determination
of the Fair Market Value of any property shall be determined in good faith by the Manager.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 2 of 39	 

    	 	 	 

    

 

“Fiscal
Year” means the fiscal year of the Company ending December 31 of each calendar year.

 

“Forfeiting
Member” has the meaning set forth in Section 12.2.

 

“Forfeiture
Event” means a Member’s forfeiture of Profit Units, as set forth in the applicable Unit Award Agreement for
each Member in respect of such Member’s Profit Units, as applicable.

 

“General
Interest Rate” means a rate per annum equal to the lesser of (i) a varying rate per annum that is equal to the interest
rate publicly quoted by JPMorgan Chase from time to time as its prime commercial or similar reference interest rate, with adjustments
in that varying rate to be made on the same date as any change in that rate, and (ii) the maximum rate permitted by applicable
law.

 

“Gross
Asset Value” means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes,
except as follows:

 

(i)
The initial Gross Asset Value of any asset contributed (or deemed to have been contributed) by a Member to the Company in connection
with the execution and delivery of this Agreement and the initial Gross Asset Value of any other asset contributed (or deemed
to have been contributed) by a Member to the Company shall be the gross Fair Market Value of such asset.

 

(ii)
The Gross Asset Values of all Company assets shall be adjusted to equal their respective gross Fair Market Values as of the following
times: (a) the acquisition of an additional Membership Interest by any new or existing Member in exchange for more than a de minimis
Capital Contribution; (b) the distribution by the Company to a Member of more than a de minimis amount of property as consideration
for a Membership Interest; (c) the liquidation of the Company within the meaning of Section 1.704-1(b)(2)(ii)(g) of the Regulations;
or (d) a grant of an interest in the Company as consideration for the provision of services to or for the benefit of the Company
by a new or existing Member.

 

(iii)
The Gross Asset Value of any Company asset distributed to any Member shall be adjusted to equal the gross Fair Market Value of
such asset on the date of the distribution.

 

(iv)
The Gross Asset Values of Company assets shall be increased (or decreased) to reflect any adjustments to the adjusted basis of
such assets pursuant to Code Section 732(d), Code Section 734(b), or Code Section 743(b), but only to the extent that (a) such
adjustments are taken into account in determining Capital Accounts pursuant to clause (vi) of the definition of Net Profit or
Net Loss and (b) an adjustment pursuant to clause (ii) immediately above is not required in connection with the transaction.

 

“GWTI”
means Greenway Technologies, Inc.

 

“Hypothetical
Tax Liability” means with respect to any Member as of any particular time of determination the amount of Net Profits
(excluding any income from guaranteed payments) allocated to a Member under Section 5.2 for an applicable Adjustment Period
in which Net Profits were allocated to such Member, taking into account the amounts and character of such items, multiplied by
the Maximum Tax Rate for each such Adjustment Period. The Manager shall determine each Member’s Hypothetical Tax Liability
in good faith, and shall base such determination on such reasonable assumptions as the Manager determines in good faith to be
appropriate.

 

“Immediate
Family” of an individual shall mean (i) the individual’s spouse, brothers, sisters, parents, in-laws, children
and grandchildren (including legal adoptive relationships in each case) and (ii) the children and grandchildren of the individual’s
brothers and sisters (including legal adoptive relationships in each case).

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC] 

 

    	 	Page 3 of 39	 

    	 	 	 

    

 

“Independent
Third Party” means, with respect to any Member, any Person who is not an Affiliate of such Member.

 

“Liquidation
Value” means the aggregate proceeds which would be received by the Members as described in IRS Notice 2005-43 if
(i) the assets of the Company as a going concern were sold at their Fair Market Value; (ii) the Company satisfied and paid in
full all of its obligations and liabilities (including all taxes, costs and expenses incurred in connection with such transaction
and any reserves established by the Manager for contingent liabilities); and (iii) such net sale proceeds were then distributed
in accordance with this Agreement in a liquidation context, all as determined by the Manager in good faith.

 

“Manager”
means the manager of the Company designated pursuant to Article VI, but does not include any Person who has ceased to be
the manager of the Company.

 

“Marital
Option” has the meaning set forth in Section 3.6.

 

“Maximum
Tax Rate” for a particular Adjustment Period means the maximum federal income tax rate applicable to individuals
under Section 1 of the Code for each such tax year, plus the rate of tax imposed under Section 1411 of the Code for such year.

 

“Member”
means any Person executing this Agreement as of the Effective Date as a member or hereafter admitted to the Company as a member
as provided in this Agreement, but does not include any Person who has ceased to be a member in the Company.

 

“Member
Nonrecourse Debt” shall mean any nonrecourse debt of the Company that meets the requirements set forth in Section
1.704-2(b)(4) of the Regulations.

 

“Member
Nonrecourse Debt Minimum Gain” shall mean the minimum gain attributable to Member Nonrecourse Debt as determined
under Section 1.704-2(i)(3) of the Regulations.

 

“Member
Nonrecourse Deductions” shall mean any loss, deduction, or Code Section 705(a)(2)(B) expenditure, or item thereof,
that is attributable to a Member Nonrecourse Debt, as determined by Section 1.704-2(i)(2) of the Regulations.

 

“Member
ROFO Exercise Notice” has the meaning set forth in Section 3.3(b)(iv).

 

“Membership
Interest” means the interest of a Member in the Company, including rights to distributions (liquidating or otherwise),
allocations, information, and to consent or approve.

 

“Member
Spouse” has the meaning set forth in Section 3.6.

 

“Net
Profit” or “Net Loss” shall mean, for each Adjustment Period, an amount equal to the Company’s
taxable income or loss for such Adjustment 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 or not otherwise taken into account in computing Net Profit or
Net Loss shall be added to such taxable income or loss;

 

(ii)
Any expenditures of the Company described in Code Section 705(a)(2)(B) or treated as Code Section 705(a)(2)(B) expenditures under
Code Section 704(b), and not otherwise taken into account in computing Net Profit or Net Loss, shall be subtracted from such taxable
income or loss;

 

(iii)
if the Gross Asset Value of any Company property is adjusted as provided in clause (ii) or (iii) of the definition of Gross Asset
Value, then the amount of such adjustment shall be treated as an item of gain or loss and included in the computation of such
taxable income or taxable loss;

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 4 of 39	 

    	 	 	 

    

 

(iv)
Gain or loss resulting from any disposition of any Company asset 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 asset disposed of, notwithstanding that the
adjusted tax basis of such asset differs from its Gross Asset Value;

 

(v)
In lieu of the depreciation, amortization and other cost recovery deductions taken into account in computing taxable income or
loss, there shall be taken into account depreciation on the assets’ respective Gross Asset Values for such Adjustment Period
determined in accordance with Section 1.704-1(b)(2)(iv)(g) of the Regulations;

 

(vi)
To the extent an adjustment to the adjusted tax basis of any Company asset pursuant to Code Section 734(b) is required, pursuant
to Section 1.704-1(b)(2)(iv)(m)(4) of the Regulations, to be taken into account in determining Capital Accounts as a result of
a distribution other than in liquidation of a Member’s Membership Interest, 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 such basis) from
the disposition of such asset and shall be taken into account for purposes of computing Net Profit or Net Loss; and

 

(vii)
Any income, gain, loss or deduction specially allocated pursuant to this Agreement shall not be included in the determination
of Net Profit or Net Loss. The amounts of the items of Company income, gain, loss, or deduction available to be specially allocated
pursuant to Sections 5.2(b), 5.2(c), 5.2(d), 5.2(e), 5.2(f) and 5.2(g) shall be determined
by applying rules analogous to those set forth in clauses (i) through (vi) above.

 

“Non-Disposing
Members” has the meaning set forth in Section 3.3(c).

 

“Non-Member
Spouse” has the meaning set forth in Section 3.6.

 

“Offered
Units” has the meaning set forth in Section 3.3(b)(i).

 

“Officer”
and “Officers” have the meanings set forth in Section 6.6.

 

“Participation
Threshold” has the meaning set forth in Section 3.10(d).

 

“Pass-Through
Member” has the meaning set forth in Section 10.3.

 

“Permitted
Disposition” has the meaning set forth in Section 3.3(a).

 

“Person”
means an individual person, partnership, limited partnership, limited liability company, trust, corporation, joint venture, unincorporated
organization, other entity or organization and a governmental entity or any department, agency or political subdivision thereof.

 

“Proceeding”
has the meaning set forth in Section 8.3(a).

 

“Profit
Units” means those Units designed with an asterisk on Exhibit A.

 

“Profit
Unit Members” means any holder of Profit Units other than Tom Phillips, but solely with respect to such Profit Units
and not with respect to any other Units held by such Person.

 

“Purchase
Date” means the date a Purchase Event occurs.

 

“Purchase
Event” has the meaning set forth in Section 12.1(a).

 

“Purchase
Interest” has the meaning set forth in Section 12.1(a).

 

“Purchasing
Rightholders” has the meaning set forth in Section 3.3(b)(vi)(B).

 

“Regulations”
or “Treasury Regulations” means the income tax regulations promulgated under the Code and effective
as of the Effective Date and any future amendments to the regulations and any corresponding provisions of succeeding regulations
that are mandatory.

 

“Regulatory
Allocations” has the meaning set forth in Section 5.2(c).

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC] 

 

    	 	Page 5 of 39	 

    	 	 	 

    

 

“Required
Interest” means Membership Interests representing an aggregate Sharing Ratio of more than 51% of the Units entitled
to vote on a matter; provided, however, that any Profit Units held by Profit Unit Members shall not be taken into account when
determining the relative Sharing Ratios for purposes of determining the Required Interest.

 

“Revised
Partnership Audit Procedures” means the provisions of Subchapter C of Subtitle A, Chapter 63 of the Code, as amended
by the Bipartisan Budget Act of 2015, P.L. 114 74 (together with any subsequent amendments thereto, Regulations promulgated thereunder,
and published administrative interpretations thereof).

 

“ROFO
Portion” means, with respect to each Member not Disposing of Units pursuant to Section 3.3(b) at any time,
such Member’s pro rata portion in accordance with the number of Units (excluding any Profit Units held by Profit Unit Members)
held by each such Member as compared to the total number of Units (excluding any Profit Units held by Profit Unit Members) held
by all the Members exercising a purchase right pursuant to Section 3.3(b).

 

“ROFO
Rightholder Option Period” has the meaning set forth in Section 3.3(b)(iv).

 

“Securities
Act” means the Securities Act of 1933, as amended, or any successor federal statute, and the rules and regulations
thereunder, which shall be in effect at the time.

 

“Seller”
has the meaning set forth in Section 12.1(a).

 

“Sharing
Ratio” means, with respect to each Member as of any particular time of determination, the fraction, expressed as
a percentage, equal to the quotient of (i) the number of Units held by such Member, divided by (ii) the aggregate number of Units
held by all Members. Upon any change in the Sharing Ratios of the Members, the Manager shall amend Exhibit A to reflect
such Sharing Ratios.

 

“Subscription
Documents” has the meaning set forth in Section 14.3.

 

“Tax
Distributions” has the meaning set forth in Section 5.1(b).

 

“Tax
Matters Representative” has the meaning set forth in Section 10.3.

 

“TBOC”
means the Texas Business Organizations Code, as amended from time to time.

 

“Unit”
means a unit of Membership Interest held by a Member.

 

“Unit
Award Agreement” means a Unit Award Agreement entered into between the Company and a Member under which Profit Units
are granted to such Member.

 

“Unvested
Unit” means any Profit Unit that is subject to vesting or forfeiture that has not become vested in accordance with
the applicable Unit Award Agreement or other grant document that governs the grant of any such Profit Unit.

 

“Vested
Unit” means any Profit Unit that is subject to vesting or forfeiture that has become vested in accordance with the
applicable Unit Award Agreement or other grant document that governs the grant of any such Profit Unit.

 

1.2
Construction.Whenever the context requires, the gender of all words used in this Agreement includes the masculine, feminine,
and neuter. All references to Articles and Sections refer to articles and sections of this Agreement, and all references to Exhibits
are to Exhibits attached hereto, each of which is made a part hereof for all purposes. Titles or captions contained in this Agreement
are inserted only as a matter of convenience and for reference. Such titles and captions shall not be construed to define, limit,
extend or describe the scope of this Agreement nor the intent of any provision hereof. The word “including” (in its
various forms) means including without limitation.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 6 of 39	 

    	 	 	 

    

 

ARTICLE
II

FORMATION

 

2.1
Formation. The Company has been organized as a Texas limited liability company by the filing of a Certificate of Formation
(the “Certificate of Formation”) under and pursuant to the TBOC.

 

2.2
Name. The name of the Company is “OPM Green Energy, LLC” and all Company business must be conducted in that
name or such other names that comply with applicable law as the Manager may select from time to time.

 

2.3
Registered Office and Agent; Principal and Other Offices. The registered office of the Company required by the TBOC to
be maintained in the State of Texas shall be the office of the initial registered agent named in the Certificate of Formation
or such other office (which need not be a place of business of the Company) as the Manager may designate from time to time in
the manner provided by law. The registered agent of the Company in the State of Texas shall be the initial registered agent named
in the Certificate of Formation or such other Person or Persons as the Manager may designate from time to time in the manner provided
by law. The principal office of the Company in the United States shall be at 892 Meadow Hill Road, Fort Worth, Texas 76108, or
such other place as the Manager may designate from time to time, which need not be in the State of Texas, and the Company shall
maintain records there as required by the TBOC. The Company may have such other offices as the Manager may designate from time
to time.

 

2.4
Purpose. The Company may engage in any lawful act or activity for which a limited liability company may be formed under
the TBOC.

 

2.5
Duration. The period of duration of the Company is perpetual, unless the Company dissolves in accordance with the provisions
of this Agreement.

 

2.6 No
State-Law Partnership The Members intend that the Company not be a partnership (including a limited partnership) or
joint venture, and that no Member or Manager be a partner or joint venturer of any other Member or Manager, for any purposes
other than federal and state tax purposes, and this Agreement may not be construed to suggest otherwise.

 

2.7
Qualification. The Manager and the Officers may take any and all actions deemed reasonably necessary by the Manager or
any of the Officers to qualify the Company in foreign jurisdictions.

 

ARTICLE
III

MEMBERS;
DISPOSITIONS OF MEMBERSHIP INTERESTS; REMOVAL

 

3.1
Members. The Members of the Company are (a) as of the execution hereof, the Persons set forth on Exhibit A as Members,
each of which is admitted to the Company as a member effective contemporaneously with the execution by such Person of this Agreement,
and (b) any other Person that is admitted as a member of the Company subsequent to effectiveness of this Agreement in accordance
herewith. The capitalization of the Company is set forth in the books and records of the Company and on Exhibit A, as the same
may be amended from time to time.

 

3.2
Withdrawal. A Member does not have the right or power to withdraw from the Company as a member.

 

3.3
Dispositions.

 

	 	(a)	Restrictions.

 

(i)
Except for Dispositions made pursuant to Section 3.3(b), 3.3(c) or 3.6 or Article XII, a Member may
not Dispose of all or any portion of its Units unless such Member obtains the consent of the Manager and the Members holding a
Required Interest; provided, however, that no such consent will be required for a Disposition of Units by any Member to any Affiliate
of such Member (but only to the extent such Disposition is to an Affiliate described in clause (i) of the definition of “Affiliate”
herein), provided that the Disposing Member continues to be liable for its obligations hereunder (a “Permitted Disposition”).

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 7 of 39	 

    	 	 	 

    

 

(ii)
Notwithstanding anything to the contrary contained herein, no Member may Dispose of all or any portion of its Units at any time
if such action would (A) cause the Company to be treated as an association taxable as a corporation for United States Federal
income tax purposes, (B) require the Company to become registered under the Securities Exchange Act of 1934, as amended, or (C)
subject the Company to the Investment Company Act of 1940, as amended.

 

(iii)
Notwithstanding anything to the contrary contained herein, except for a Permitted Disposition or Disposition made pursuant to
Section 3.3(c), 3.6, Article XII or the terms of the applicable Unit Award Agreement, no Member may Dispose
of all or any portion of any Profit Units.

 

(iv)
Any attempted Disposition of Units, other than in strict accordance with this Section 3.3 (including satisfaction of the
requirements set forth in Section 3.3(e)), will be, and is hereby declared, null and void ab initio. The Members agree
that a breach of the provisions of this Section 3.3 may cause irreparable injury to the Company and to the other Members
for which monetary damages (or other remedy at law) are inadequate in view of (A) the complexities and uncertainties in measuring
the actual damages that would be sustained by reason of the failure of a Member to comply with such provision and (B) the uniqueness
of the Company’s business and the relationship among the Members. Accordingly, the Members agree that the provisions of
this Section 3.3 may be enforced by specific performance or injunctive relief as appropriate without the necessity of posting
a bond or other security or proving actual damages.

 

(v)
In connection with any attempted Disposition of Units, each of the Members has the right to obtain – before the consummation
of any proffered Disposition – an independent valuation of the proposed Disposition at the expense of such Member. If any
Member wishes to challenge any attempted Disposition of Units on the basis that it does not constitute an arm’s length transaction
involving reasonable value for such Units, the Member must do so in writing as soon as practical and the Company, Manager, and
Members shall resolve such challenge – informally and then by mediation if necessary – before the attempted Disposition
of Units may be consummated and finalized.

 

	 	(b)	Right
    of First Offer.

 

(i)
Except for Permitted Dispositions or Dispositions made pursuant to Section 3.3(c) (after complying with this Section
3.3(b)) or 3.6 or Article XII, this Section 3.3(b) applies to any proposed Disposition of any Units,
including a Drag-Along Sale described in Section 3.3(c). If at any time a Member (the “Disposing Member”)
desires to Dispose of any of its Units (the “Offered Units”) to an Independent Third Party or another
Member, prior to offering such Units to such Person, such Member will, first, obtain the consent of the Manager and, following
receipt of such consent, provide written notice (a “Disposition Notice”) to the Company and the Applicable
ROFO Rightholders prior to the proposed Disposition. The Disposition Notice must set forth the identity of the Independent Third
Party or other Member that is the proposed purchaser, the number of Units the Disposing Member wishes to Dispose of and the consideration,
terms and conditions upon which it proposes to Dispose of such Units. The Disposition Notice shall constitute the Disposing Member’s
offer to sell the Offered Units to the Applicable ROFO Rightholders for the consideration to be paid by such Independent Third
Party or other Member as described in the Disposition Notice, which offer shall be irrevocable for a period of 60 days. The Applicable
ROFO Rightholders shall have the rights set forth in this Section 3.3(b).

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 8 of 39	 

    	 	 	 

    

 

(ii)
Upon receipt of the Disposition Notice, each Applicable ROFO Rightholder shall have the right to purchase the Applicable Offered
Units in accordance with the procedures set forth in Section 3.3(b)(iv). Notwithstanding the foregoing, the Applicable
ROFO Rightholders may only exercise their right to purchase the Offered Units if, after giving effect to all elections made under
this Section 3.3(b), no less than all of the Offered Units will be purchased by the Applicable ROFO Rightholders.

 

(iii)
Reserved.

 

(iv)
Following delivery of the Disposition Notice, the Applicable ROFO Rightholders shall have the right to purchase the Applicable
Offered Units. For a period of 30 days (or in the case of a Drag-Along Sale, five (5) days) following the delivery of the Disposition
Notice (such period, the “ROFO Rightholder Option Period”), each Applicable ROFO Rightholder shall have
the right to elect irrevocably to purchase all or none of its ROFO Portion of the Applicable Offered Units by delivering a written
notice to the Company and the Disposing Member (a “Member ROFO Exercise Notice”) specifying its desire
to purchase its ROFO Portion of the Applicable Offered Units, on the terms and respective purchase prices set forth in the Disposition
Notice. In addition, each Applicable ROFO Rightholder shall include in its Member ROFO Exercise Notice the number of remaining
Applicable Offered Units that it wishes to purchase if any other Applicable ROFO Rightholders do not exercise their rights to
purchase their entire ROFO Portions of the Applicable Offered Units. Any Member ROFO Exercise Notice shall be binding upon delivery
and irrevocable by the Applicable ROFO Rightholder.

 

(v)
The failure of any Applicable ROFO Rightholder to deliver a Member ROFO Exercise Notice by the end of the ROFO Rightholder Option
Period shall constitute a waiver of their respective rights of first offer under this Section 3.3(b) with respect to such
Disposition of Offered Units, but shall not affect their respective rights with respect to any future Dispositions.

 

(vi)
Upon the expiration of the ROFO Rightholder Option Period, the Applicable Offered Units shall be allocated for purchase among
the Applicable ROFO Rightholders as follows:

 

(A)
First, to each Applicable ROFO Rightholder having elected to purchase its entire ROFO Portion of such Units, such Applicable ROFO
Rightholder’s ROFO Portion of such Units; and,

 

(B)
Second, the balance, if any, not allocated under clause (A) above, shall be allocated to those Applicable ROFO Rightholders who
set forth in their Member ROFO Exercise Notices a number of Applicable Offered Units that exceeded their respective ROFO Portions
(the “Purchasing Rightholders”), in an amount, with respect to each such Purchasing Rightholder, that
is equal to the lesser of:

 

(1)
the number of Applicable Offered Units that such Purchasing Rightholder elected to purchase in excess of its ROFO Portion;
or

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 9 of 39	 

    	 	 	 

    

 

(2)
the product of (x) the number of Applicable Offered Units not allocated under clause (A), multiplied by (y) a fraction, the numerator
of which is the offered number of Applicable Offered Units that such Purchasing Rightholder elected to purchase in excess of its
ROFO Portion, and the denominator of which is the aggregate number of Applicable Offered Units that all Purchasing Rightholders
elected to purchase in excess of their respective ROFO Portion.

 

The
process described in clause (ii) shall be repeated until no Offered Units remain or until such time as all Purchasing Rightholders
have been permitted to purchase all Applicable Offered Units that they desire to purchase.

 

(vii)
In the event that the Applicable ROFO Rightholders shall have, in the aggregate, exercised their respective rights to purchase
all and not less than all of the Offered Units, then the Disposing Member shall sell such Offered Units to the Applicable ROFO
Rightholders, and the ROFO Rightholders shall purchase such Offered Units, as allocated in accordance with the foregoing, within
60 days following the delivery of the Disposition Notice (which period may be extended for a reasonable time not to exceed 90
days to the extent reasonably necessary to obtain required approvals or consents from any governmental authority); provided
that (A) if the consideration set forth in the Disposition Notice is cash consideration, the consideration will be payable
in cash unless the Disposing Member agrees to accept non-cash consideration for all or any part of the consideration and (B) if
the consideration set forth in the Disposition Notice is non-cash consideration, the consideration may be paid in cash with an
equivalent value to such non-cash consideration as determined by the Manager. Each Disposing Member and Applicable ROFO Rightholders
shall take all actions as may be reasonably necessary to consummate the sale contemplated by this Section 3.3(b)(vii),
including, without limitation, entering into agreements and delivering certificates and instruments and consents as may be deemed
necessary or appropriate. At the closing of any sale and purchase pursuant to this Section 3.3(b)(vii), the Disposing Member
shall deliver to the participating Applicable ROFO Rightholders certificates (if any) representing the Offered Units to be sold,
free and clear of any liens or encumbrances (other than those contained in this Agreement), accompanied by evidence of transfer
and all necessary transfer taxes paid and stamps affixed, if necessary, against receipt of the purchase price therefor from such
Applicable ROFO Rightholders by certified or official bank check or by wire transfer of immediately available funds.

 

(viii)
In the event that the Applicable ROFO Rightholders shall not have collectively elected to purchase all of the Offered Units within
30 days (or in the case of a Drag-Along Sale, five (5) business days) following the delivery of the Disposition Notice, then,
the Disposing Member may Dispose of all of such Offered Units, at a price per Applicable Offered Unit not less than specified
in the Disposition Notice and on other terms and conditions which are not materially more favorable in the aggregate to the proposed
purchaser than those specified in the Disposition Notice, but only to the extent that such Disposition occurs within 180 days
after expiration of the ROFO Rightholder Option Period (or in the case of a Drag-Along Sale, pursuant to Section 3.3(c)).
Any Offered Units not Disposed of within such 180-day period will be subject to the provisions of this Section 3.3(b) upon
subsequent Disposition. For the avoidance of doubt, and notwithstanding anything herein to the contrary, the Members agree that
in the case of a Drag-Along Sale, if the Applicable ROFO Rightholders have not collectively elected to purchase all of the Offered
Units within 5 days following the delivery of the Disposition Notice, the Drag-Along Sale may proceed pursuant to the terms of
Section 3.3(c) and no other requirements of this Section 3.3(b) shall apply.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 10 of 39	 

    	 	 	 

    

 

	 	(c)	Drag-Along
    Rights.

 

(i)
If the Members holding a Required Interest (the “Dragging Members”) elect to Dispose of all of their
Units to any Person other than a Person to which a Permitted Disposition may be made, or cause a sale of substantially all of
the assets of the Company then the Dragging Members will, after complying with the obligations set forth in Section 3.3(b),
have the right to elect that all Members (the “Drag-Along Members”) Dispose of all of their Units on
the same terms and conditions set forth in the Disposition Notice (a “Drag-Along Sale”) by delivering
notice (a “Drag-Along Notice”) to the Drag-Along Members not later than 20 days prior to the closing
of such Disposition. The Drag-Along Notice shall provide the anticipated closing date for the Drag-Along Sale and must set forth
the consideration, terms and conditions of the Drag-Along Sale. Each Member agrees that, with respect to a Drag-Along Sale:

 

	 	(A)	if
    such transaction requires approval of the Members, to (1) vote (in person, by proxy or by action by written consent, as applicable)
    all Units that any such Member owns or over which such Member otherwise exercises voting power in favor of such Drag-Along
    Sale and (2) vote in opposition to any and all other proposals that could reasonably be expected to delay or impair the ability
    of the Members or the Company to consummate such Drag-Along Sale;
	 	 	 
	 	(B)	if
    such transaction is a Disposition of Units, to sell all Units beneficially held by such Member (free and clear of any impermissible
    encumbrances) to the Person to whom the Dragging Members propose to sell their Units, and on the same terms and conditions
    as the Dragging Members;
	 	 	 
	 	(C)	to
    execute and deliver all related documentation and take such other action in support of the Drag-Along Sale as shall reasonably
    be requested by the Dragging Members or the Company in order to carry out the terms and provision of this Section 3.3(c),
    including delivering to the Dragging Members such instrument of transfer as is sufficient at law to assign and transfer such
    Units and executing any purchase agreement, merger agreement, indemnity agreement, escrow agreement, consent, waiver, filing
    and any similar or related documents;
	 	 	 
	 	(D)	not
    to deposit, and to cause its Affiliates not to deposit, except as provided in this Agreement, any Units owned by such Member
    in a voting trust or subject any Units to any arrangement or agreement with respect to the voting of such Units, unless specifically
    requested to do so by the proposed acquirer in connection with the Drag-Along Sale;
	 	 	 
	 	(E)	to
    refrain from exercising any dissenters’ rights or rights of appraisal under applicable law at any time with respect
    to such Drag-Along Sale; and
	 	 	 
	 	(F)	if
    such transaction includes the sale, contribution, exchange, redemption, cancellation or other disposition of securities convertible
    into or exchangeable for Units, or options, warrants or other rights to purchase such equity securities, each Member holding
    such securities shall sell, contribute, exchange, redeem, cancel or otherwise dispose of such securities or options, warrants
    or other rights on the terms and conditions approved by the Dragging Members.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 11 of 39	 

    	 	 	 

    

 

(ii)
If, within 90 days after delivery to the Drag-Along Members of a Drag-Along Notice (which 90-day period will be extended if any
of the transactions contemplated by the Drag-Along Sale are subject to regulatory approval until the expiration of 10 days after
all such approvals have been received, but in no event later than 120 days following delivery to the Drag-Along Members of the
Drag-Along Notice), the Drag-Along Sale has not been consummated on substantially the same terms and conditions set forth in the
Disposition Notice, the Dragging Members will not conduct any Disposition of its Units without again complying with Section
3.3.

 

(iii)
Concurrently with the consummation of a Drag-Along Sale, the Dragging Members will (A) notify the Drag-Along Members of the closing
of such sale, (B) remit to each Drag-Along Member the total consideration for the Units held by such Drag-Along Member, and (C)
promptly after the consummation of the Drag-Along Sale furnish such other evidence of the consummation, including the date thereof,
and the terms of the Disposition as may be reasonably requested by the Drag-Along Members.

 

(iv)
Upon the consummation of a Drag-Along Sale, all of the Members will receive the same form of consideration. The consideration
to be paid to the Members in a Drag-Along Sale shall be allocated among the Members in the same proportion as the proceeds, if
any, such Members would have received if all of the assets of the Company were sold for the aggregate consideration to be paid
to the Members in a Drag-Along Sale and the Company were then liquidated in accordance with this Agreement.

 

(v)
Each Drag-Along Member shall execute the applicable purchase agreement, if applicable, and make or provide the same representations,
warranties, covenants, indemnities, and agreements (including with respect to any escrow, holdback or similar arrangement) as
the Dragging Members make or provide in connection with the Drag-Along Sale; provided, that each Drag-Along Member shall only
be obligated to make individual representations and warranties with respect to its title to and ownership of the applicable Units,
authorization, execution, and delivery of relevant documents, enforceability of such documents against the Drag-Along Member,
and other matters relating to such Drag-Along Member, but not with respect to any of the foregoing with respect to any other Members
or their Units; provided, further, that all representations, warranties, covenants, and indemnities shall be made by the Dragging
Members and each Drag-Along Member severally and not jointly and any indemnification obligation shall be pro rata based on the
consideration received by the Dragging Members and each Drag-Along Member, in each case in an amount not to exceed the aggregate
proceeds received by the Dragging Members and each such Drag-Along Member in connection with the Drag-Along Sale.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 12 of 39	 

    	 	 	 

    

 

(d)
Admission of Assignee as a Member. Any Person that acquires any Units through a Disposition has the right to be admitted
to the Company as a Member only (i) if such Disposition is effected in strict compliance with this Section 3.3 and (ii)
in the case of any Disposition other than a Permitted Disposition to an Affiliate controlled by the Disposing Member or a Disposition
made pursuant to Section 3.3(c), if such admission as a Member is approved by the Manager. Any Person that acquires any
Units through a Permitted Disposition to an Affiliate controlled by the Disposing Member or a Disposition made pursuant to Section
3.3(c), in each case in strict compliance with this Section 3.3, shall automatically be admitted as a Member. The Manager
shall amend Exhibit A to reflect any admission of an assignee as a Member as permitted by this Section 3.3, which
amendment shall not require the consent of any Member.

 

(e)
Requirements Applicable to Dispositions and Admissions. In addition to the requirements set forth in Sections 3.3(a)
through 3.3(d), any Disposition of any Units (other than pursuant to Section 3.6 or Article XII) and
any admission of an assignee as a Member will also be subject to the following requirements, and such Disposition (and admission,
if applicable) will not be effective unless such requirements are complied with; provided, however, that the Manager, in its sole
and absolute discretion, may waive any of the following requirements:

 

(i)
The following documents must be delivered to the Company and must be reasonably satisfactory, in form and substance, to the Manager:

 

(A)
A copy of the instrument pursuant to which the Disposition is effected.

 

(B)
An instrument, executed by the Members making the Disposition and their assignee(s), containing the following information and
agreements, to the extent they are not contained in the instrument described in the foregoing subsection (A): (1) the notice address
of the assignee(s); (2) the portion of the Units to be held after the Disposition by the Members making the Disposition and their
assignee(s); (3) the assignee(s)’s ratification of this Agreement and agreement to be bound by it, and affirmation that
any representations and warranties of the assignee(s) that are required by the Company, in its reasonable discretion, are true
and correct (which agreement shall include the assignee(s)’ notice address for purposes of Section 14.2); and (4)
representations and warranties by the Members making the Disposition and their assignee(s) that the Disposition and admission
are being made in accordance with all laws and all transfer requirements under this Section 3.3.

 

(C)
Unless the Units subject to the Disposition are registered under the Securities Act and any applicable state securities laws,
a favorable opinion of legal counsel reasonably acceptable to the Manager, to the effect that the Disposition and admission are
being made pursuant to a valid exemption from registration under those laws and in accordance with those laws.

 

(D)
An opinion of tax counsel reasonably acceptable to the Manager that such Disposition will not, alone or in combination with any
earlier or scheduled transactions, cause the Company to cease to be a partnership for federal income tax purposes. To the extent
an acceptable tax opinion is not provided, the Disposing Member may instead provide a full indemnification (on an after tax basis)
reasonably acceptable to the Manager indemnifying the members not disposing of their Units (the “Non-Disposing Members”)
and their Affiliates against any adverse tax consequences of such Disposition having an effect described in such clause, including
any interest, penalties and reasonable costs.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 13 of 39	 

    	 	 	 

    

 

(ii)
The Disposing Member and its assignee(s) will pay, or reimburse the Company and the Non-Disposing Members for, all reasonable
costs and expenses incurred by the Company and the Non-Disposing Members in connection with the Disposition and admission, including
the reasonable legal fees incurred in connection with the legal opinions referred to in the foregoing subsection (i), on or before
the tenth day after the receipt by that Person of an invoice for the amount due.

 

(iii)
No Disposition of Units will effect a release of the Disposing Member from any liabilities to the Company or the other Members
incurred prior to the effective date of such Disposition.

 

(iv)
The Disposition will not result in a default under, breach of any material obligation contained in, or cause the failure of a
material condition contained in, any material agreement to which the Company is a party, unless a consent to or waiver of such
default, breach or failure of condition has been obtained from the other party or parties to such agreement.

 

(f)
Assignee Rights. A Disposition made in conformance with Section 3.3 shall be effective as of the date of the Disposition
and shall be shown on the books and records of the Company. All items of income, gain, loss, deduction and credit shall be allocated
between the Disposing Member and the assignee according to Section 706 of the Code. Distributions with respect to Units Disposed
in a Disposition made before the effective date of such Disposition shall be paid to the Disposing Member, and distributions with
respect to Units Disposed in a Disposition made after such date shall be paid to the assignee. Unless and until a Person that
acquires Units through a Disposition becomes a Member in accordance with Section 3.3(d), such Person shall not be entitled
to any of the rights granted to a Member hereunder or under applicable law, other than the rights granted specifically to assignees
pursuant to this Section 3.3(f) and to have the other rights granted to assignees as required by the TBOC; provided that,
without relieving any Disposing Member from any such limitations or obligations and as more fully described in Section 3.3(g),
such Person shall be bound by any limitations and obligations of a Member contained herein by which a Member would be bound on
account of the ownership of Units (including the obligation, if any, to make and return Capital Contributions on account of such
Units or to Dispose of such Units pursuant to Section 3.3(c), Section 3.6 or Article XII).

 

(g)
Disposing Member’s Rights and Obligations. Any Member who shall Dispose of any Units or any portion of Membership
Interests shall cease to be a Member with respect to such Units or portion of Membership Interests and shall no longer have any
rights or privileges with respect to such Units or portion of Membership Interests. Unless and until the assignee is admitted
as a Member in accordance with the provisions of this Section 3.3 (the “Admission Date”), (i)
such assigning Member shall retain all of the duties, liabilities and obligations of a Member with respect to such Units or portion
of Membership Interests, including the obligation (together with its assignee pursuant to Section 3.3(f)) to make and return
Capital Contributions on account of such Units or portion of Membership Interests pursuant to the terms of this Agreement and
(ii) the Manager may, in its sole discretion, reinstate all or any portion of the rights and privileges of such assigning Member
with respect to such Units or portion of Membership Interests for any period of time prior to the Admission Date. Nothing contained
herein shall relieve any Person who Disposes of any such Units or portion of Membership Interests from any liability of such Person
to the Company or the Members with respect to such Units or portion of Membership Interests that may exist on the Admission Date
or that is otherwise specified in the TBOC and incorporated into this Agreement or for any liability to the Company or any other
Person or for any breaches of any representations, warranties or covenants by such Person (in its capacity as a holder of Membership
Interests or any portion thereof) contained herein or in the other agreements with the Company.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 14 of 39	 

    	 	 	 

    

 

3.4
Admission of New Members. Subject to Sections 3.9 and 4.2, additional Persons may be admitted to the Company as Members
and Units may be issued to those Persons upon obtaining with the unanimous, written approval of the (i) Manager, (ii) Mabert,
LLC, and (iii) Greenway Technologies, Inc. (“GWTI”). An admission of a new Member is effective only after the new
Member has executed a ratification of this Agreement and an agreement to be bound by it, and affirmation that that any representations
and warranties of the new Member that are required by the Company, in its reasonable discretion, are true and correct (which agreement
shall include the new Member’s notice address for purposes of Section 14.2). The Manager shall amend Exhibit A and the relevant
provisions of this Agreement to reflect any admission of a new Member and the issuance of additional Units, which amendment shall
not require the consent of any Member.

 

3.5
Interests in a Member. Without the consent of the Manager, a Member that is not a natural person may not cause or permit
an interest, direct or indirect, in itself to be Disposed of such that, after the Disposition, such Member shall cease to be controlled
by substantially the same Persons who control it as of the date of its admission to the Company. On any breach of the provisions
of the preceding sentence, the Company shall have the option to buy, and on exercise of that option the breaching Member shall
sell, the breaching Member’s Membership Interest, all in accordance with Article XII as if there had been a Purchase Event
with respect to the Membership Interest held by such Member.

 

3.6
Transfer upon Termination of Marital Relationship. The interest in the Company of each Person (a) who was married to a Member
and who acquired his or her interest in the Company as a result of a divorce, marital dissolution or agreement relating thereto
or pursuant to a partition or similar agreement or (b) who acquired his, her or its interest in the Company as a beneficiary or
distributee of the assets of any deceased Person (whether pursuant to a will, intestate succession or otherwise) who was married
to a Member (a “Deceased Spouse”) and who was not already a Member immediately prior to such distribution
or bequest, is subject to an option to purchase (the “Marital Option”) in favor of the Member from whom
the interest was acquired with respect to any acquisition described in the preceding clause (a) hereof or the Member who was married
to the Deceased Spouse immediately prior to the death of the Deceased Spouse with respect to any acquisition further described
in the preceding clause (b) hereof (either the “Member Spouse”). Upon the exercise of a Marital Option,
the Person who owns the interest in the Company subject to the Marital Option (the “Non-Member Spouse”)
must sell the interest in the Company at the price and on the other terms and conditions agreed upon by the Non-Member Spouse
and the Member Spouse. If the purchase of an interest in the Company is not completed (whether by reason of a failure to exercise
the Marital Option or to agree upon price, terms or conditions or any other reason) within 60 calendar days after the Marital
Option becomes exercisable, the failure will constitute a Purchase Event (as defined in Section 12.1(a)) with regard to the interest
in the Company covered by that Marital Option, and the provisions of Article XII will apply, provided that in no event will the
Non-Member Spouse who owns the interest subject to the Marital Option have any right to purchase the interest in the Company of
any Person.

 

3.7
Liability to Third Parties. No Member shall be liable for the debts, obligations or liabilities of the Company, including
under a judgment decree or order of a court.

 

3.8
Lack of Authority. No Member, in its capacity as such, has the authority or power to act for or on behalf of the Company,
to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company.

 

3.9
Units. General. The Membership Interests of the Members shall be represented by Units, which may be divided into one or
more types, classes or series, with each type or class or series having the rights and privileges, including voting rights, if
any, set forth in this Agreement. A Membership Interest shall for all purposes be personal property. No Member has any interest
in specific assets or property of the Company. Ownership of a Unit (or fraction thereof) shall not entitle a Member to call for
a partition or division of any asset or property of the Company or for any accounting.

 

(a)
Authorized Units. The Company may issue up to 1,000 Units in accordance with this Agreement, or such greater number of
Units as unanimously approved in writing by the (i) Manager, (ii) Mabert, LLC, and (iii) GWTI. The Company may issue fractional
Units. The Company shall maintain a schedule of all Members from time to time with the Units held by them (as the same may be
amended, modified or supplemented from time to time in accordance with the terms of this Agreement), a copy of which as of the
Effective Date is attached hereto as Exhibit A.

 

(b)
Voting. Subject to Article VII, the holders of Units shall vote together as a single class; provided that the holders
of Profit Units that are Profit Unit Members may not vote such Profit Units on any matters except as expressly set forth herein
or as required by non-waivable provisions of the TBOC.

 

(c)
Uncertified Units. Units shall be recorded in book-entry form and no Member shall have the right to demand that the Company
produce and/or deliver certificates representing such Units.

 

3.10
Profits Interests.

 

(a)
All Profit Units are anticipated to be “profits interests” (within the meaning of Rev. Proc. 93-27, 1993-2 C.B. 343
(1993))) for U.S. federal income tax purposes with the recipient’s participation limited to the income and asset appreciation
of the Company arising after the date of issuance of any such Profit Units. Additional Profit Units may be issued as determined
by the Manager and shall be issued pursuant to a Unit Award Agreement.

 

(b)
All Profit Units will be subject in all respects to the terms of any applicable award agreement entered into in connection with
the grant or issuance of such Profit Units, including, without limitation, provisions in any applicable award agreement providing
for vesting, forfeiture and repurchase with respect to the Profit Units.

 

(c)
Immediately upon receipt of Profit Units, the Member will have no initial Capital Account balance and the Profit Units received
shall not entitle such Person to any portion of the capital of the Company at the time of such Person’s admission to the
Company as a Member, such that if the Company’s assets were sold at Fair Market Value immediately after the grant to such
Member of Profit Units and the proceeds distributed in complete liquidation of the Company, the Profit Units so received would
entitle such Member to receive no share of those proceeds. In connection with any issuance of Profit Units, the Capital Accounts
of the then existing Members shall be adjusted to reflect the Liquidation Value.

 

(d)
Upon the issuance of any Profit Units, the Company shall specify the “Participation Threshold” applicable
to such Profit Units. The Participation Threshold for Profit Units shall mean an amount equal to the Liquidation Value of the
Company as of the date of issuance; provided, however, the Participation Threshold shall not be less than zero dollars ($0). The
grant of Profit Units that is intended to constitute a profits interest to a Member is intended to comply with Rev. Proc. 93-27,
1993-2 CB 343 (1993) and Rev. Proc. 2001-43, 2001-2 CB 191 (2001) and shall be interpreted consistently therewith.

 

(e)
In connection with the issuance of any Profit Units, the Manager is hereby authorized and directed to elect to apply the safe
harbor set forth in Proposed Treasury Regulation § 1.83-3(1) (under which the Fair Market Value of such Profit Units that
are granted in connection with the performance of services is treated as being equal to the Liquidation Value of that interest)
and to file a “liquidation value” election pursuant to Section 83(b) of the Code with respect to the Profit Units
(pursuant to Treasury Notice 2005-43 and any succeeding guidance or authority issued by the Internal Revenue Service with respect
thereto).

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 15 of 39	 

    	 	 	 

    

 

ARTICLE
IV

CAPITAL CONTRIBUTIONS

 

4.1 Initial
Contributions. Upon the execution of this Agreement, each Member has contributed cash and other property reflected in the
books and records of the Company with respect to such Member and shall receive the number of Units set forth opposite such
Member’s name on Exhibit A. The initial Sharing Ratios of the Members are set forth on Exhibit A. 

4.2 Additional
Contributions. If at any time after the Effective Date, the Manager determines to raise capital in excess of the Capital
Contributions described in Section 4.1 to properly carry out or further the business of the Company, the Manager shall have
the right to raise such additional capital and, to the extent the Person(s) investing such capital are not already Members
but subject to the provisions of Sections 3.4, 3.9 and 6.1(b), to admit such Person(s) as Additional Members. No Member shall
have any obligation to make any additional Capital Contributions without its consent.

 

4.3 Return
of Contributions. A Member is not entitled to the return of any part of its Capital Contributions or to be paid interest
in respect of either its Capital Account or its Capital Contributions. An unrepaid Capital Contribution is not a liability of
the Company or of any Member. A Member is not required to contribute or to lend any cash or property to the Company to enable
the Company to return any Member’s Capital Contributions.

 

4.4 Advances
by Members. If the Company does not have sufficient cash to pay its obligations, any Member(s) that may agree to do so
with the consent of the Manager may advance all or part of the needed funds to or on behalf of the Company. An advance
described in this Section 4.4 shall constitute a loan from the Member to the Company, bear interest at the General Interest
Rate from the date of the advance until the date of payment, and is not a Capital Contribution.

 

4.5 No
Deficit Restoration Obligation. A Member is not required to contribute or lend any cash or property to the Company to
enable the Company to return any other Member’s Capital Contributions or to make any distribution to any other Member,
even if such first Member has a deficit balance in its Capital Account. 

 

ARTICLE
V

ALLOCATIONS AND DISTRIBUTIONS

 

5.1
Distributions.

 

(a)
From time to time the Manager shall determine to what extent (if any) the Company’s cash on hand exceeds its current and
anticipated needs, including for operating expenses, debt service and a reasonable contingency reserve. If the Manager determines
that such an excess exists, the Manager may, in its discretion, cause the Company to distribute such excess to all Members pro
rata in proportion to their relative Sharing Ratios; provided, however, that 100% of any distributable cash obtained by the Company
as a result of the sale of any property or assets leased to the Company under the Lease Agreement, dated as of July 22, 2019,
by and between Mabert, LLC and the Company, shall, first, be distributed to Mabert, LLC until Mabert, LLC has received an amount
equal to its Capital Contributions and, then, shall be distributed to all Members pro rata in proportion to their relative Sharing
Ratios; provided, further, that any Unvested Units shall not be taken into account when determining the relative Sharing Ratios
for purposes of this Section 5.1(a). Notwithstanding the foregoing provisions of this Section 5.1(a), a holder of
Profit Units shall begin to share in distributions pursuant to this Section 5.1(a) in respect of such Profit Units only
from and after the point at which the aggregate amount of distributions pursuant to this Section 5.1(a) with respect to
all Units (other than Unvested Units) that were outstanding immediately prior to the issuance of such Profit Units is equal to
the Participation Threshold for such Profit Units, increased by any additional Capital Contributions made after the issuance of
such Profit Units. Any amounts not distributed with respect to any Profit Units based on a Participation Threshold limitation
shall be reallocated to the other Members not subject to such limitation as if such Profit Units had not been issued, all as determined
and interpreted in good faith by the Manager.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 16 of 39	 

    	 	 	 

    

 

(b)
From time to time the Manager shall determine to what extent (if any) the Company’s cash on hand exceeds its current and
anticipated needs, including for operating expenses, debt service and a reasonable contingency reserve. If the Manager determines
that such an excess exists, the Manager may, in its discretion, cause the Company to distribute such excess to all Members pro
rata in proportion to their relative Sharing Ratios.

 

(c)
Prior to the application of Section 5.1(a), provided that funds are available therefor and except as otherwise prohibited
by law, excess cash of the Company may be distributed to each Member to provide such Member with cash to pay all or any portion
of such Member’s Hypothetical Tax Liability after taking into consideration the cumulative aggregate distributions previously
made to such Member pursuant to this Section 5.1(b) since the date of this Agreement and pursuant to Section 5.1(a)
as of the first day of the applicable Adjustment Period (the “Tax Distributions”). Tax Distributions
may be made on an annual or other basis in a manner reasonably determined by the Manager to enable the Members to satisfy both
estimated and final tax payment requirements. To the extent any Tax Distribution is made to a Member pursuant to this Section
5.1(b), the future distributions to such Member pursuant to Section 5.1(a) or Section 13.2(d) shall be reduced
by the amount of any prior Tax Distributions pursuant to this Section 5.1(b) until the amount of aggregate distributions
received by such Member are equal to the amount such Member would have received had this Section 5.1(b) not been in effect.

 

(d)
Notwithstanding anything to the contrary contained herein, the Members hereby acknowledge and agree that the Company’s ability
to make any distributions to its Members may be subject to restrictions under applicable law and/or the satisfaction of certain
covenants and approvals pursuant to loans with third parties and/or associated security agreements or mortgages to which the Company
is a party or by which its assets may be bound and that the distributions due to the Members pursuant to this Agreement may be
prohibited by such applicable law, loans and/or security agreements.

 

5.2
Allocations of Net Profits and Net Losses. General Profit and Loss Allocations.

 

(a)
For each Fiscal Year (or portion thereof), except as otherwise provided in this Agreement, Net Profits and Net Losses (and, to
the extent necessary, individual items of income, gain, loss or deduction) of the Company shall be allocated among the Members
in a manner such that, after giving effect to the special allocations set forth in Sections 5.2(b) and 5.2(c), the
Capital Account balance of each Member, immediately after making such allocations, is, as nearly as possible, equal to (i) the
distributions that would be made to such Member pursuant to Section 13.2(d) if the Company were dissolved, its affairs
wound up and its assets sold for cash equal to their Gross Asset Value, all Company liabilities were satisfied (limited with respect
to each Nonrecourse Liability to the Gross Asset Value of the assets securing such liability), and the net assets of the Company
were distributed, in accordance with Section 13.2 (d), to the Members immediately after making such allocations, minus
(ii) such Member’s share of Company Minimum Gain and Member Nonrecourse Debt Minimum Gain, computed immediately prior to
the hypothetical sale of assets.

 

(b)
Special Allocations. Notwithstanding any other provisions of this Section 5.2, the following special allocations
shall be made for each taxable period:

 

(i)
Notwithstanding any other provision of this Section 5.2, if there is a net decrease in Minimum Gain during any taxable
period, each Member shall be allocated items of Company income and gain for such period (and, if necessary, subsequent periods)
in the manner and amounts provided in Treasury Regulation Sections 1.704-2(f)(6), (g)(2) and (j)(2)(i). For purposes of this Section
5.2(b), each Member’s Capital Account shall be determined and the allocation of income or gain required hereunder shall
be effected, prior to the application of any other allocations pursuant to this Section 5.2 with respect to such taxable
period. This Section 5.2(b)(i) is intended to comply with the partnership minimum gain chargeback requirement in Treasury
Regulation Section 1.704-2(f) and shall be interpreted consistently therewith.

 

[Limited Liability Company Agreement of OPM
Green Energy, LLC]

 

    	 	Page 17 of 39	 

    	 	 	 

    

 

(ii)
Notwithstanding the other provisions of this Section 5.2 (other than (i) above), if there is a net decrease in Member Nonrecourse
Debt Minimum Gain during any taxable period, any Member with a share of Member Nonrecourse Debt Minimum Gain at the beginning
of such taxable period shall be allocated items of Company income and gain for such period (and, if necessary, subsequent periods)
in the manner and amounts provided in Treasury Regulation Section 1.704-2(i)(4) and (j)(2)(ii). For purposes of this Section
5.2(b) each Member’s Adjusted Capital Account balance shall be determined, and the allocation of income and gain required
hereunder shall be effected, prior to the application of any other allocations pursuant to this Section 5.2, other than
Section 5.2(b)(i) above, with respect to such taxable period. This Section 5.2(b)(ii) is intended to comply with
the partnership nonrecourse debt minimum gain chargeback requirement in Treasury Regulation Section 1.704-2(i)(4) and shall be
interpreted consistently therewith.

 

(iii)
Except as provided in Sections 5.2(b)(i) and 5.2(b)(ii) above, in the event any Member unexpectedly receives any
adjustments, allocations or distributions described in Treasury Regulation Sections 1.704-1(b)(2)(ii)(d)(4), (5) or (6), items
of Company income and gain shall be specially allocated to such Member in an amount and manner sufficient to eliminate, to the
extent required by such Treasury Regulation, the deficit balance, if any, in its Adjusted Capital Account created by such adjustments,
allocations or distributions as quickly as possible unless such deficit balance is otherwise eliminated pursuant to Sections
5.2(b)(i) and 5.2(b)(ii).

 

(iv)
In the event any Member has a deficit balance in its Adjusted Capital Account at the end of any taxable period, such Member shall
be specially allocated items of Company income or gain in the amount of such excess as quickly as possible; provided, however,
that an allocation pursuant to this Section 5.2(b)(iv) shall be made only if and to the extent that such Member would have
a deficit balance in its Adjusted Capital Account after all other allocations provided in this Section 5.2(b) have been
tentatively made as if this Section 5.2(b) were not in this Agreement.

 

(v)
Nonrecourse Deductions for any taxable period shall be allocated to the Members in proportion to the last allocation of Net Profits
or Net Losses allocated pursuant to Section 5.2(a) for such period.

 

(vi)
Member Nonrecourse Deductions for any taxable period shall be allocated 100% to the Member that bears the Economic Risk of Loss
with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deductions are attributable in accordance with Treasury
Regulation Section 1.704 2(i). If more than one Member bears the Economic Risk of Loss with respect to a Member Nonrecourse Debt,
Member Nonrecourse Deductions attributable thereto shall be allocated between or among such Members in accordance with the ratios
in which they share such Economic Risk of Loss.

 

(vii)
To the extent an adjustment to the tax basis of any Company asset pursuant to section 734(b) or 743(b) of the Code is required,
pursuant to section 1.704-1(b)(2)(iv)(m) of the Regulations, to be taken into account in determining Adjusted Capital Accounts,
the amount of such adjustment to the Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis
of the asset) or loss (if the adjustment decreases such basis), and such gain or loss shall be specially allocated to the Members
in a manner consistent with the manner in which their Capital Accounts are required to be adjusted pursuant to such section of
the Regulations.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 18 of 39	 

    	 	 	 

    

 

(viii)
No amount of loss or deduction shall be allocated pursuant to Section 5.2 to the extent that such allocation would cause
any Member to have a deficit balance in its Adjusted Capital Account at the end of such period (or increase any existing deficit
balance in its Adjusted Capital Account). All loss and deductions in excess of the limitation set forth in the preceding sentence
shall be allocated among such other Members, who have positive Adjusted Capital Account balances, in proportion to their respective
Membership Interests until each Member’s Adjusted Capital Account balance is reduced to zero.

 

(c)
Curative Allocation. The allocations set forth in Section 5.2(b) (other than Section 5.2(b)(vii)) (the “Regulatory
Allocations”) are intended to comply with certain requirements of the Treasury Regulations. It is the intent of
the Members that, to the extent possible, all Regulatory Allocations shall be offset either with other Regulatory Allocations
or with special allocations of other items of Company income, gain, loss, or deduction pursuant to this Section 5.2(c).
Therefore, notwithstanding any other provision of this Article V (other than the Regulatory Allocations), but subject to
the Code and the Treasury Regulations, the Board shall make such offsetting special allocations of Company income, gain, loss,
or deduction in whatever manner it determines appropriate so that, after such offsetting allocations are made, each Member’s
Capital Account balance is, to the extent possible, equal to the Capital Account balance such Member would have had if the Regulatory
Allocations were not part of the Agreement. In exercising its discretion under this Section 5.2(c), the Board shall take
into account future Regulatory Allocations that, although not yet made, are likely to offset other Regulatory Allocations previously
made.

 

(d)
Profits Interests. Notwithstanding any other provisions of this Agreement, all outstanding Unvested Units shall be treated
as Vested Units for purposes of allocating Net Profits and Net Losses pursuant to this Section 5.2 (including for the purposes
of determining amounts distributable to the Members in the case of any hypothetical distribution or liquidation).

 

5.3
Income Tax Allocations.

 

(a)
Except as provided in this Section 5.3, each item of income, gain, loss and deduction of the Company for federal income
tax purposes shall be allocated among the Members in the same manner as such items are allocated for book purposes under Section
5.2.

 

(b)
The Members recognize that there may be a difference between the Gross Asset Value of a Company asset and the asset’s adjusted
tax basis at the time of the property’s contribution or revaluation pursuant to this Agreement. In such a case, all items
of tax depreciation, cost recovery, amortization, and gain or loss with respect to such asset shall be allocated among the Members
to take into account the disparities between the Gross Asset Values and the adjusted tax basis with respect to such properties
in accordance with the provisions of sections 704(b) and 704(c) of the Code and the Treasury Regulations under those sections;
provided, however, that any tax items not required to be allocated under sections 704(b) or 704(c) of the Code shall be
allocated in the same manner as such gain or loss would be allocated for book purposes under Section 5.2. The Manager shall
choose an allocation method permitted by the Treasury Regulations and make any elections or other decisions relating to such allocations.

 

(c)
All items of income, gain, loss, deduction and credit allocated to the Members in accordance with the provisions hereof and basis
allocations recognized by the Company for federal income tax purposes shall be determined without regard to any election under
Section 754 of the Code which may be made by the Company; provided, however, such allocations, once made, shall be adjusted
as necessary or appropriate to take into account the adjustments permitted by sections 734 and 743 of the Code.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 19 of 39	 

    	 	 	 

    

 

(d)
If any deductions for depreciation, cost recovery or depletion are recaptured as ordinary income upon the sale or other disposition
of Company properties, the ordinary income character of the gain from such sale or disposition shall be allocated among the Members
in the same ratio as the deductions giving rise to such ordinary income character were allocated.

 

5.4
Allocations Upon Transfer. All items of income, gain, loss, deduction and credit allocable to Units that may have been
transferred shall be allocated between the transferor and the transferee based on the portion of the calendar year during which
each was recognized as the owner of such Units, without regard to the results of Company operations during any particular portion
of that calendar year and without regard to whether cash distributions were made to the transferor or the transferee during that
calendar year; provided, however, that this allocation must be made in accordance with a method permissible under Code Section
706 and the regulations thereunder. If any Units are Disposed of or redeemed in compliance with the provisions of this Agreement,
all distributions with respect to which the record date is before the date of such Disposition or redemption shall be made to
the Disposing Member, and all distributions with respect to which the record date is after the date of such Disposition, in the
case of a Disposition other than a redemption, shall be made to the transferee.

 

5.5
Capital Accounts. A separate capital account (“Capital Account”) shall be maintained for each
Member, as follows:

 

(a)
There shall be credited to each Member’s Capital Account the amount of any cash actually contributed by such Member to the
capital of the Company (or deemed contributed pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(c)), the Gross Asset
Value of any property contributed by such Member to the capital of the Company (net of any liabilities secured by such property
that the Company is considered to assume or to take subject to under Code Section 752) and such Member’s share of the Net
Profit (and all items thereof) of the Company and any items of net income or gain specially allocated to the member in accordance
with Section 5.2 (b) or (c) There shall be charged against each Member’s Capital Account the amount of all
cash distributed to such Member by the Company (or deemed distributed pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(c)),
the Gross Asset Value of any property distributed to such Member by the Company (net of any liability secured by such property
that the Member is considered to assume or take subject to under Code Section 752) and such Member’s share of the Net Loss
or items of expenses, education or loss specially allocated to the member in accordance with Section 5.2 (b) or (c).
Company Nonrecourse Deductions and Member Nonrecourse Deductions (and all items thereof) of the Company.

 

(b)
If the Company at any time distributes any of its assets in kind to any Member, the Capital Account of each Member shall be adjusted
to account for that Member’s allocable share (as determined under Section 5.2) of the Net Profit or Net Loss that
would have been realized by the Company had it sold the assets that were distributed at their respective Gross Asset Values immediately
prior to their distribution.

 

(c)
Any adjustments to the tax basis (or Gross Asset Value) of Company property under Code Sections 732, 734 or 743 will be reflected
as adjustments to the Capital Accounts of the Members, only in the manner and to the extent provided in Treasury Regulations Section
1.704-1(b)(2)(iv)(m).

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 20 of 39	 

    	 	 	 

    

 

(d)
Upon the decision of the Manager, the Capital Accounts of the Members shall be adjusted to reflect a revaluation of Company property
to its Gross Asset Value on the date of adjustment upon the occurrence of any of the following events:

 

(i)
An increase in any new or existing Member’s Membership Interest resulting from the contribution of money or property by
such Member to the Company,

 

(ii)
Any reduction in a Member’s Membership Interest resulting from a distribution to such Member in redemption of all or part
of its Membership Interest, unless such distribution is pro rata to all Members in accordance with their respective allocable
shares of Company property, and

 

(iii)
Whenever otherwise allowed under Treasury Regulations Section 1.704-1(b)(2)(iv)(f).

 

The
adjustments to Capital Accounts shall reflect the manner in which the unrealized Net Profit or Net Loss (and items in the nature
of income and loss) inherent in the property would be allocated (as determined under Section 5.2) if there were a disposition
of the Company’s property at its Gross Asset Value on the date of adjustment.

 

(e)
For purposes of Section 5.2, a Member’s Capital Account shall be reduced by the net adjustments, allocations and
distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6) which as of the end of the Company’s
taxable year are reasonably expected to be made to such Member, and shall be increased by the sum of (i) any amount which the
Member is required to restore to the Company upon liquidation of its Membership Interest in the Company (or which is so treated
pursuant to Treasury Regulations Section 1.704-1(b)(2)(ii)(c)) pursuant to the terms of this Agreement or under state law, (ii)
the Member’s share (as determined under Treasury Regulations Section 1.704-2(g)(1)) of the Company Minimum Gain, (iii) the
Member’s share (as determined under Treasury Regulations Section 1.704-2(i)(5)) of Member Nonrecourse Debt Minimum Gain
and (iv) the Member’s share (as determined under Section 752 of the Code) of any recourse indebtedness of the Company to
the extent that such indebtedness could not be repaid out of the Company’s assets if all of the Company’s assets were
sold at their respective Gross Asset Values as of the end of the Adjustment Period and the proceeds from the sales were used to
pay the Company’s liabilities. For the purposes of clause (iv) above, the amounts computed pursuant to clause (i) above
for each Member shall be considered to be proceeds from the sale of the assets of the Company to the extent such amounts would
be available to satisfy (directly or indirectly) the indebtedness specified in clause (iv).

 

(f)
It is the intention of the Members that the Capital Accounts of the Company be maintained strictly in accordance with the Capital
Account maintenance requirements of Treasury Regulations Section 1.704-1(b). The foregoing provisions and the other provisions
of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b),
and shall be interpreted and applied in a manner consistent with such regulations and any amendment or successor provision thereto.

 

(g)
A deficit in a Member’s Capital Account shall not be considered an asset of the Company.

 

5.6
Amendments for Changes in Income Tax Regulations. It is intended that the allocations in this Article V effect an
allocation for federal income tax purposes in a manner consistent with Sections 704 and 706 of the Code and comply with any limitations
or restrictions therein. The Manager shall have complete discretion to make the allocations pursuant to this Article V
and the allocations and adjustments to Capital Accounts in any manner consistent with Sections 704 and 706 of the Code. 

 

5.7
Consent to Allocations. Each Member as a condition of becoming a Member expressly consents to the foregoing allocations
as set forth in this Article V. 

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 21 of 39	 

    	 	 	 

    

 

5.8
Withholding.

 

(a)
Notwithstanding any other provision of this Agreement to the contrary, the Manager is authorized to take any action that the Manager
determines to be necessary or appropriate to cause the Company to comply with any foreign or U.S. federal, state or local withholding
or deduction requirement in respect of any allocation, payment or distribution by the Company to any Member or other Person. Any
withholdings authorized by this Section 5.8 shall be made at the applicable statutory rate under the applicable tax law
unless the Manager shall have received an opinion of counsel or other evidence satisfactory to the Manager to the effect that
a lower rate is applicable, or that no withholding is applicable.

 

(b)
To the extent that the aggregate of such payments to a Member for any period exceeds the distributions to which such Member is
entitled for such period, the amount of such excess shall be considered a loan from the Company to such Member. Such loan shall
bear interest (which interest shall be treated as an item of income to the Company) at the General Interest Rate until discharged
by such Member by repayment, including repayments out of distributions to which such Member would otherwise be subsequently entitled.

 

(c)
The Company may (but shall not be required to), where permitted by the rules of any taxing authority, file a composite, combined
or aggregate tax return reflecting the income of the Company and pay the tax, interest and penalties of some or all of the Members
on such income to the taxing authority, in which case the Company shall inform the Members of the amount of such tax, interest
and penalties so paid.

 

(d)
Each Member shall provide such identifying numbers and other certificates as are requested by the Company to enable it to comply
with any tax reporting or withholding requirement under the Code or any applicable state, local or foreign tax law. Notwithstanding
the foregoing provisions of this Section 5.8, the Manager shall have no liability to the Company or any Member for failure
to request or obtain such information from any Member, or to withhold in respect of any Member who has not furnished such information
to the Manager.

 

ARTICLE
VI

MANAGEMENT

 

6.1
Management by Manager.

 

(a)
Generally. Except as expressly provided herein, the Manager shall have the exclusive authority to manage the business and
affairs of the Company and its subsidiaries; provided, however, that the Manager shall not undertake any action or cause the Company
to undertake any action in contravention of the TBOC or this Agreement. The Manager shall devote such time to the affairs of the
Company as the Manager, in its sole discretion, deems appropriate. The actions of the Manager taking in accordance with the provisions
of this Agreement shall bind the Company. No Member of the Company, in its capacity as such, shall have any authority or right
to act on behalf of or bind the Company, unless otherwise provided herein or unless specifically authorized by the Manager pursuant
to a duly adopted resolution expressly authorizing such action. The validity of any transaction, agreement or payment involving
the Company and any Affiliate of the Manager permitted by the terms of this Agreement shall not be affected by reason of the relationship
between the Manager and such Affiliate.

 

(b)
Major Decisions. Notwithstanding anything to the contrary in this Agreement, the Manager may not take, approve or consent
to any of the following actions without the consent or approval of the Members holding a Required Interest:

 

(i)
redeem or repurchase Units, unless such redemption or repurchase is being made pursuant to Article XII;

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC] 

 

    	 	Page 22 of 39	 

    	 	 	 

    

 

(ii)
(A) liquidate, dissolve or wind-up the business and affairs of the Company, or (B) effect any merger, acquisition, consolidation
or other business combination involving the Company;

 

(iii)
license, sell, assign, transfer, abandon or otherwise dispose of all or substantially all of the assets, properties or goodwill
of the Company outside the ordinary course of business;

 

(iv)
increase the total number of Units that may be issued by the Company; and

 

(v)
authorize or approve, or enter into an agreement to take, any of the actions described above in this Section 6.1(b).

 

6.2
Appointment. The Manager of the Company as of the Effective Date shall be Kevin Jones. The Manager need not be a resident
of or have a place of business in the State of Texas. The Manager does not need be a Member. The Manager cannot be removed or
replaced (with or without cause) except by a vote of all of the Members; provided, however, that upon the death of the Manager,
then the Members holding a Required Interest shall have the right to appoint a replacement Manager.

 

6.3
Resignation. The Manager may resign at any time by delivering written notice to the Company. Such resignation shall be
effective upon receipt unless it is specified to be effective at some other time or upon the happening of some other event. Upon
the Manager’s resignation, Members holding a Required Interest shall have the right to appoint a replacement Manager. 

 

6.4
Action of the Manager. Any action required or permitted to be taken by the Manager may be taken without a meeting, by written
consent, if signed by or on behalf of the Manager and the writing is filed with the minutes of the proceedings of the Manager. 

 

6.5
No Compensation. The Manager shall be not entitled to any compensation from the Company; however, the Manager and its representatives
shall be entitled to be reimbursed for reasonable out-of-pocket costs and expenses incurred in the course of their service hereunder,
subject to substantiation requirements for federal income tax purposes.

 

6.6
Officers. The Manager may, from time to time, designate one or more Persons to be officers of the Company (each, an “Officer”
and collectively, the “Officers”). No Officer need be a resident of the State of Texas or a Member.
Any Officer so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to
him or her. The Manager may assign titles to particular Officers. Unless the Manager decides otherwise, if the title is one commonly
used for Officers of a business corporation formed under the TBOC, the assignment of such title shall constitute the delegation
to such Officer of the authority and duties that are normally associated with that office, subject to any specific delegation
of authority and duties made to such Officer by the Manager pursuant to this Section 6.6. Each Officer shall hold office
until the Officer’s successor shall be duly designated or until such Officer’s death or until such Officer shall resign
or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same person. The salaries
or other compensation, if any, of the Officers and agents of the Company shall be fixed from time to time by the Manager. Any
Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified
therein, or if no time be specified, at the time of its receipt by the Manager. The acceptance of a resignation shall not be necessary
to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without
cause, by the Manager for any reason; provided, however, that such removal shall be without prejudice to the contract rights,
if any, of the person so removed. Designation of an Officer shall not of itself create contract rights. Any vacancy occurring
in any office of the Company may be filled by the Manager.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 23 of 39	 

    	 	 	 

    

 

ARTICLE
VII

ACTIONS
AND MEETINGS OF MEMBERS

 

7.1
Rights or Powers of the Members. No Member, in its capacity as such, has the authority or power to act for or on behalf
of the Company, to do any act that would be binding on the Company, or to incur any expenditures on behalf of the Company. 

 

7.2
Voting Rights. Members shall have the right to vote only on each matter that is subject to the vote or approval of the
Members as expressly (a) set forth in this Agreement or (b) required by applicable law. Unless expressly provided otherwise in
this Agreement or the TBOC, any such vote or consent shall require the vote or consent of the Members holding a majority of the
Units entitled to vote on such matter. As set forth more fully in Section 3.9(c), the Profit Unit Members shall not be
entitled to any vote in respect of such Profit Units. 

 

7.3
Meetings.

 

(a)
Meetings of the Members may be called by (i) the Manager or (ii) a Member or group of Members holding more than 33.33% of the
Membership Interests.

 

(b)
Written notice stating the place, date, and time of the meeting and, in the case of a meeting of the Members not regularly scheduled,
describing the purposes for which the meeting is called, shall be delivered not fewer than 10 days and not more than 60 days before
the date of the meeting to each Member, by or at the direction of the Manager or the Member(s) calling the meeting, as the case
may be. The Members may hold meetings at the Company’s principal office or at such other place, within or outside the State
of Texas, as the Manager or the Member(s) calling the meeting may designate in the notice for such meeting.

 

(c)
Any Member may participate in a meeting of the Members by means of conference telephone or other communications equipment by means
of which all Persons participating in the meeting can talk to and hear each other, and participation in a meeting by these means
shall constitute presence in person at such meeting.

 

(d)
On any matter that is to be voted on by the Members, a Member may vote in person or by proxy, and such proxy may be granted in
writing, by means of Electronic Transmission, or as otherwise permitted by applicable law. Every proxy shall be revocable in the
discretion of the Member executing it unless otherwise provided in such proxy; provided, that such right to revocation shall not
invalidate or otherwise affect actions taken under such proxy prior to such revocation. In lieu of a proxy, a Member may grant
an irrevocable power of attorney to conduct the affairs of such Member with respect to Company matters, including matters relating
to the organization, internal affairs, or termination of the Company.

 

(e)
The business to be conducted at such meeting need not be limited to the purpose described in the notice and can include other
business to be conducted by the Members; provided, that the Members shall have been notified of the meeting in accordance with
Section 7.3(b). Attendance of a Member at any meeting shall constitute a waiver of notice of such meeting, except where
a Member attends a meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting
is not lawfully called or convened.

 

(f)
A quorum of any meeting of the Members shall require the presence, whether in person or by proxy, of the Members holding a majority
of the Membership Interests. Subject to Section 7.4, no action may be taken by the Members unless the appropriate quorum
is present at a meeting.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 24 of 39	 

    	 	 	 

    

 

(g)
Subject to Section 7.4 and any other provision of this Agreement or the TBOC requiring the vote, consent, or approval of
a different percentage of the Membership Interests, no action may be taken by the Members at any meeting at which a quorum is
present without the affirmative vote of the Members holding a majority of the Membership Interests.

 

7.4
Actions without Meeting. Notwithstanding the provisions of Section 7.3, any matter that is to be voted on, consented
to, or approved by Members may be taken without a meeting, without prior notice, and without a vote if consented to, in writing
or by Electronic Transmission, by a Member or Members holding not less than the minimum number of votes that would be necessary
to authorize or take such action at a meeting at which each Member entitled to vote on the action is present and votes. A record
shall be maintained by the Manager of each such action taken by written consent of a Member or Members. 

 

ARTICLE
VIII

STANDARD
OF CARE; LIABILITY; INDEMNIFICATION; DUTIES

 

8.1
Standard of Care.

 

(a)
Fiduciary Duties. In the exercise of rights and performance of duties hereunder, each Member (subject to Section 8.4,
to the extent applicable) (in such Member’s capacity as a Member) and the Manager shall, to the fullest extent permitted
by applicable law, have no fiduciary duties to the Company or to any other Member. This section is not intended to modify, amend
or otherwise affect the fiduciary duties, if any, that any Member and/or Manager owes to any Person unrelated to its status as
a Member or Manager of the Company.

 

8.2
Exculpation.

 

(a)
Limited Liability. No Covered Person shall be liable to the Company or any Member for any loss, damage or claim incurred
by reason of any act or omission, including any mistake of fact or error in judgment, taken, suffered or made by such Covered
Person; provided that this provision does not eliminate or limit the liability of such Covered Person for acts or omissions that
constitute such Covered Person’s gross negligence, intentional misconduct, knowing violation of law, breach of any duty
owed to the Company or its Members (subject to Section 8.1) or fraud as determined by final, non-appealable judgment of
a court having competent jurisdiction.

 

(b)
Reliance on Information. A Covered Person shall be fully protected in relying in good faith upon the records of the Company
and upon such information, opinions, reports or statements presented to the Company by any Person as to matters the Covered Person
reasonably believes are within such other Person’s professional or expert competence and who has been selected with reasonable
care by or on behalf of the Company, including information, opinions, reports or statements as to the value and amount of the
assets, liabilities, profits, losses or any other facts pertinent to the existence and amount of assets from which distributions
to Members might properly be paid.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 25 of 39	 

    	 	 	 

    

 

8.3
Indemnification.

 

(a)
Right to Indemnification. Subject to the limitations and conditions as provided in this Section 8.3, each Covered
Person who was or is made a party or is threatened to be made a party to or is involved in any threatened, pending or completed
action, suit or proceeding, whether civil, criminal, administrative, arbitrative or investigative (hereinafter a “Proceeding”),
or any appeal in such a Proceeding or any inquiry or investigation that could lead to such a Proceeding, by reason of the fact
that such Person is or was a Member, Manager or Officer of the Company or is or was serving at the request of the Company as a
manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign
or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan
or other enterprise shall be indemnified by the Company to the fullest extent permitted by the TBOC, as the same exists or may
hereafter be amended (but, in the case of any such amendment, only to the extent that such amendment permits the Company to provide
broader indemnification rights than said law permitted the Company to provide prior to such amendment) against judgments, penalties
(including excise and similar taxes and punitive damages), fines, settlements and reasonable expenses (including attorneys’
fees) actually incurred by such Person in connection with such Proceeding, and indemnification under this Section 8.3 shall
continue as to a Person who has ceased to serve in the capacity which initially entitled such Person to indemnity hereunder. The
rights granted pursuant to this Section 8.3 shall be deemed contract rights, and no amendment, modification or repeal of
this Section 8.3 shall have the effect of limiting or denying any such rights with respect to actions taken or Proceedings
arising prior to any such amendment, modification or repeal. It is expressly acknowledged that the indemnification provided in
this Section 8.3 could involve indemnification for negligence or under theories of strict liability; provided, however,
that notwithstanding the foregoing or any other provision of this Agreement, the Company shall not provide indemnification to
any Covered Person in respect of conduct that constitutes gross negligence, intentional misconduct, knowing violation of law,
breach of any duty owed to the Company or its Members (subject to Section 8.1) or fraud as determined by final, non-appealable
judgment of a court having competent jurisdiction.

 

(b)
Advance Payment. The right to indemnification conferred in this Section 8.3 shall include the right to be paid or
reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section
8.3(a) who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition
of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however,
that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding, shall be made
only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he or she has met
the standard of conduct necessary for indemnification under this Section 8.3 and a written undertaking, by or on behalf
of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled
to be indemnified under this Section 8.3 or otherwise.

 

(c)
Indemnification of Officers, Employees and Agents. The Company, upon a determination by the Manager, may indemnify and
advance expenses to an employee (other than an Officer) or an agent of the Company to the same extent and subject to the same
conditions under which it may indemnify and advance expenses to the Manager or a Member or Officer of the Company under this Section
8.3; and the Company, upon a determination by the Manager, may indemnify and advance expenses to Persons who are not or were
not Members, Officers, employees or agents of the Company or the Manager but who are or were serving at the request of the Company
as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign
or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan
or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status
as such a Person to the same extent that it may indemnify and advance expenses to the Manager or to Members and Officers of the
Company under this Section 8.3.

 

(d)
Insurance. The Company may purchase and maintain insurance, at its expense, to protect itself and any Person who is or
was serving as a Manager, Officer, employee or agent of the Company or is or was serving at the request of the Company as a Manager,
director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic
limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other
enterprise against any expense, liability or loss, whether or not the Company would have the power to indemnify such Person against
such expense, liability or loss under this Section 8.3.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 26 of 39	 

    	 	 	 

    

 

8.4
Transactions with Members. The Company may transact business with (including entering into or modifying any contractual
arrangements with) any Member or Affiliate of a Member, provided that the terms of any such transaction with a Member or one of
its Affiliates are comparable to, or at least as favorable to the Company as, the terms of a transaction at arm’s length
between unaffiliated parties as determined by the Manager. Each of any transaction between the Company and a Member or its Affiliates
that has been approved by the Manager shall be deemed to be at arm’s length between unaffiliated parties. A Member or an
Affiliate of a Member that transacts business with the Company owes no duty to the Company or the other Members to exercise or
to refrain from exercising in any particular manner its rights or powers as a participant in that transaction, including those
arising under any contract with the Company, and (subject to the proviso in the first sentence of this Section 8.4) such
Member or such Affiliate of a Member may realize profits from that transaction. 

 

8.5
General.

 

(a)
No Guarantee; Other Agreements. The Members acknowledge and agree that the Members and their Affiliates do not guarantee
the performance of the Company. In no event will the provisions of this Article VIII relieve any Member or any of its Affiliates
from liability pursuant to the provisions of any contract or transaction that may be entered into between the Company and such
Member or any of its Affiliates.

 

(b)
Modification of Duties. This Article VIII constitutes a modification and disclaimer of duties and obligations (express,
implied, fiduciary or otherwise) under the TBOC or other applicable law with respect to the matters described in this Article
VIII. The Members (and the Members on behalf of the Company) hereby (i) agree that (A) the terms of this Article VIII
to the extent that they modify or limit a duty or other obligation, if any, that a Manager may have to the Company or any Member
under the TBOC or other applicable law are reasonable in form, scope and content and (B) the terms of this Article VIII
shall control to the fullest extent possible if it is in conflict with a duty, if any, that a Manager may have to the Company
or any Member, under the TBOC or any other applicable law and (ii) waive to the fullest extent permitted by the TBOC any duty
or other obligation, if any, that a Manager may have to the Company or any Member, pursuant to the TBOC or any other applicable
law, to the extent necessary to give effect to the terms of this Article VIII.

 

ARTICLE
IX

REPRESENTATIONS AND WARRANTIES

 

9.1
Representations and Warranties. Each Member, severally and not jointly, represents and warrants to the Company and each
other Member that: 

 

(a)
For each such Member that is not an individual, such Member is duly organized, validly existing and in good standing under the
laws of the state of its organization.

 

(b)
For each such Member that is not an individual, such Member has full power and authority to execute and deliver this Agreement,
to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this
Agreement, the performance of its obligations hereunder and the consummation of the transactions contemplated hereby have been
duly authorized by all requisite action of such Member. Such Member has duly executed and delivered this Agreement.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 27 of 39	 

    	 	 	 

    

 

(c)
For each such Member that is an individual, such Member has full capacity to execute and deliver this Agreement, to perform its
obligations hereunder and to consummate the transactions contemplated hereby. Such Member has duly executed and delivered this
Agreement.

 

(d)
This Agreement constitutes the legal, valid and binding obligation of such Member, enforceable against such Member in accordance
with its terms. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated
hereby, require no action by or in respect of, or filing with, any governmental authority.

 

(e)
The execution, delivery and performance by such Member of this Agreement and the consummation of the transactions contemplated
hereby do not (i) conflict with or result in any violation or breach of any provision of any of the organizational documents of
such Member, (ii) conflict with or result in any violation or breach of any provision of any applicable law or (iii) require any
consent or other action by any Person under any provision of any material agreement or other instrument to which the Member is
a party.

 

(f)
Except for this Agreement, such Member has not entered into or agreed to be bound by any other agreements or arrangements of any
kind with any other party with respect to the Units, including agreements or arrangements with respect to the acquisition or disposition
of the Units or any interest therein or the voting of the Units (whether or not such agreements and arrangements are with the
Company or any other Member).

 

ARTICLE
X

TAXES

 

10.1
Preparation of Tax Returns. The Manager shall arrange for the preparation of all returns of Company income, gain, loss,
deduction, credit, and other items necessary for federal, state, and local income tax purposes and shall use commercially reasonable
efforts to cause the same to be filed in a timely manner. Each Member shall furnish to the Manager all pertinent information in
its possession relating to Company operations that is necessary to enable the Company’s income tax returns to be prepared
and filed. 

 

10.2
Tax Elections. The Manager shall determine whether to make any available tax election. Neither the Company, the Manager,
nor any Member may make an election for the Company to be excluded from the application of the provisions of subchapter K of chapter
1 of subtitle A of the Code or any similar provisions of applicable state law, and no provision of this Agreement (including Section
2.6) shall be construed to sanction or approve such an election. 

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 28 of 39	 

    	 	 	 

    

 

10.3
Tax Matters Representative. The Manager shall designate an eligible Person to be the “partnership representative”
of the Company for any tax period subject to the provisions of Section 6223 of the Code, as amended by the Revised Partnership
Audit Procedures (the “Tax Matters Representative”), and in such capacity shall represent the Company
in any disputes, controversies or proceedings with the Internal Revenue Service or with any state, local, or non-U.S. taxing authority
and is hereby authorized to take any and all actions that it is permitted to take by applicable laws when acting in that capacity.
The Tax Matters Representative as of the Effective Date shall be the Manager. Each Person (a “Pass-Through Member”)
that holds or controls Units as a Member on behalf of, or for the benefit of another Person or Persons, or which Pass-Through
Member is beneficially owned (directly or indirectly) by another Person or Persons will, within thirty (30) days following receipt
from the Tax Matters Representative of any notice, demand, request for information or similar document, convey such notice or
other document in writing to all holders of Interests in the Company holding such interests through a Pass-Through Member. In
the event the Company will be the subject of an income tax audit by any federal, state or local authority, to the extent the Company
is treated as an entity for purposes of such audit, including administrative settlement and judicial review, the Tax Matters Representative
will be authorized to act for, and its decision will be final and binding upon, the Company and each Member thereof. The Members
acknowledge and agree that it is the intention of the Members to minimize any obligations of the Company to pay taxes and interest
in connection with any audit of the Company, including, if the Tax Matters Representative so determines, by means of elections
under Section 6226 of the Code and/or the Members filing amended returns under Section 6225(c)(2) of the Code, in each case as
amended by the Revised Partnership Audit Procedures. The Members agree to cooperate in good faith, including without limitation
by timely providing information reasonably requested by the Tax Matters Representative and making elections and filing amended
returns reasonably requested by the Tax Matters Representative, and by paying any applicable taxes, interest and penalties, to
give effect to the preceding sentence. The Company shall make any payments it may be required to make under the Revised Partnership
Audit Procedures and, in the Tax Matters Representative’s reasonable discretion, allocate any such payment among the current
or former Members of the Company for the “reviewed year” to which the payment relates in a manner that reflects the
current or former Members’ respective Membership Interests in the Company for that year and any other factors taken into
account in determining the amount of the payment. To the extent payments are made by the Company on behalf of or with respect
to a current Member in accordance with this Section 10.3, such amounts shall, at the election of the Tax Matters Representative,
(i) be applied to and reduce the next distribution(s) otherwise payable to that Member under this Agreement or (ii) be paid by
that Member to the Company within thirty (30) days of written notice from the Tax Matters Representative requesting the payment.
In addition, if any such payment is made on behalf of or with respect to a former Member, that Member shall pay over to the Company
an amount equal to the amount of such payment made on behalf of or with respect to it within thirty (30) days of written notice
from the Tax Matters Representative requesting the payment. Any amounts required to be paid by any current or former Member to
the Company pursuant to this Section 10.3 that have not been paid within thirty (30) days of written notice from the Tax Matters
Representative requesting such payment shall accrue interest at the General Interest Rate plus two percent (2%) per annum from
the date that the payment was made on behalf of or with respect to such Member until the date that such amount is paid to the
Company. Any cost or expense incurred by the Tax Matters Representative in connection with its duties, including the preparation
for or pursuance of administrative or judicial proceedings, will be paid by the Company, and the Tax Matters Representative shall
be entitled to be indemnified by the Company (solely out of Company assets) with respect to any action brought against it in connection
with the settlement of any such proceeding. The provisions contained in this Section 10.3 shall survive the dissolution of the
Company and the withdrawal of any Member or the Disposition of any Member’s Units and shall apply to any current or former
Member. 

 

ARTICLE
XI

BOOKS,
RECORDS, REPORTS AND BANK ACCOUNTS

 

11.1
Books and Records. The Company shall keep books and records of accounts and shall keep the consents of its Members. The
books of account for the Company shall be maintained on an appropriate federal income tax basis in accordance with the terms of
this Agreement, except that the Capital Accounts of the Members shall be maintained in accordance with Section 5.3. The
calendar year shall be the accounting year of the Company. Except as set forth in Section 11.4, books and records shall
be made available to Members in accordance with the TBOC. 

 

11.2
Reports. On or before the 90th day following the end of each Fiscal Year during the term of the Company, or as soon as
possible thereafter, the Manager shall cause the Company to furnish each Member with a copy of the Company’s federal income
tax return for that Fiscal Year. The Manager also may cause to be prepared or delivered such other reports as they may deem appropriate.
The Company shall bear the costs of all these reports. 

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 29 of 39	 

    	 	 	 

    

 

11.3
Accounts. The Manager shall establish and maintain one or more separate bank and investment accounts and arrangements for
Company funds in the Company name with financial institutions and firms that the Manager determines. The Manager may not commingle
the Company’s funds with the funds of any Member. 

 

11.4
Restriction on Information Rights. No Profit Unit Member shall have any right to receive, review or copy Exhibit A
to this Agreement or any books, records or other information of the Company to the extent such restriction is permitted by the
TBOC. 

 

ARTICLE
XII

PURCHASE
RIGHTS

 

12.1
Purchase Events.

 

(a)
In General. In the event that any of the events set forth below (each a “Purchase Event”) shall
have occurred to or in respect of a Member (such Member or such Member’s estate, trustee, receiver, or successor-in-interest
as applicable, the “Seller”), the Company, or, if the Company notifies the Members other than the Seller
and its Affiliates in writing that it is assigning all or any portion of its purchase right hereunder to such Members, such Members
(the Company or such Members, as applicable, the “Buyer(s)”), shall, subject to Section 12.1(f),
have the continuing right to purchase the Membership Interest of the Seller (pro rata in accordance with the number of Units held
by each such Member as compared to the total number of Units held by all the Members exercising a purchase right under this Article
XII, excluding in each case, any Profit Units held by Profit Unit Members), including all debts and obligations of the Company
owing to the Seller (the “Purchase Interest”). Any purchase and sale of a Purchase Interest pursuant
to this Section 12.1(a) shall be in an amount due and payable as determined pursuant to the provisions of this Article
XII. Notwithstanding the foregoing, for the avoidance of doubt, the Manager, in its sole and absolute discretion, may waive
the Company’s purchase right described in this Article XII or elect to not assign the Company’s purchase right
described in this Article XII to the Members. A Purchase Event is:

 

(i)
any withdrawal or retirement from the Company by the Seller other than as expressly permitted under this Agreement;

 

(ii)
the Seller shall make an assignment for the benefit of creditors, commence (as the debtor) a case in bankruptcy, or commence (as
the debtor) any proceeding under any other insolvency law;

 

(iii)
a case in bankruptcy or any other proceeding under any other insolvency law is commenced against the Seller (as the debtor) and
is consented to by the Seller or remains un-dismissed for 90 days, or the Seller consents to or admits the material allegations
against it in any such case or proceeding;

 

(iv)
a trustee, receiver, agent, liquidator or sequestrator (however named) is appointed or authorized to take charge of all or substantially
all of the property of the Seller for the purpose of enforcing a lien against such property or for the purpose of general administration
of such property for the benefit of creditors and such appointment or authorization is consented to by the Seller or is not overturned
within 90 days;

 

(v)
the Seller shall fail generally to pay its debts as they become due, or suffer any writ of attachment or execution or any similar
process to be issued or levied against it or all or substantially all of its property which is not released, stayed, bonded or
vacated within 90 days after its issue or levy;

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 30 of 39	 

    	 	 	 

    

 

(vi)
the Seller shall suffer any writ of attachment or execution or any similar process to be issued or levied against the Membership
Interest of the Seller which is not released, stayed, bonded or vacated within 90 days after its issue or levy;

 

(vii)
any attempted Disposition by the Seller of any of its rights or interest in the Company or this Agreement except as permitted
by Article III;

 

(viii)
the Seller shall commence to dissolve or wind-up and liquidate the assets of its business;

 

(ix)
the death of the Seller;

 

(x)
the Seller is declared legally incompetent to administer his or her affairs;

 

(xi)
any Disqualification Event of or with respect to the Seller;

 

(xii)
any felony criminal indictment of the Seller;

 

(xiii)
if the Seller is not a natural person, the occurrence of any of the events described in the foregoing clauses (ix) through (xii)
with respect to the natural person who controls the Seller;

 

(xiv)
the occurrence of a “deemed Purchase Event” as set forth in any Unit Award Agreement under which Seller was granted
Profit Units, if applicable, provided that if any such deemed Purchased Event shall overlap with a Purchase Event set forth in
this Section 12.1, then the occurrence of such “deemed Purchase Event” shall be the Purchase Event that occurs
hereunder;

 

(xv)
the occurrence of an event described in Section 3.5; and

 

(xvi)
the occurrence of an event described in Section 3.6, but only to the extent described in Section 3.6.

 

For
the avoidance of doubt, the rights of the Company set forth in this Article XII, shall be in addition to, and not in lieu
of, any purchase rights set forth in the applicable Unit Award Agreement with respect to any Member.

 

(b)
Procedures; Purchase Price.

 

(i)
The Company shall notify all Members promptly after it has knowledge of the occurrence of a Purchase Event. In such notice or
at any time thereafter, the Company may elect to assign all or any portion of its purchase rights under this Article XII
to the Members. In the event that the Company elects to exercise its right under Section 12.1(a) it may give the Seller
written notice of such election at any time after the date on which the Company first has knowledge of the occurrence of such
Purchase Event. If the Company assigns all or any portion of its purchase rights under this Article XII to the Members,
each Member (other than the Seller) will have the option exercisable for a period of 60 days after receipt of the Company’s
notice of assignment to elect to acquire all, but not less than all, of such Members’ pro rata portion (in accordance with
the number of Units held by each such Member as compared to the total number of Units held by all of the Members, excluding, in
each case, any Profit Units held by Profit Unit Members) of the portion of the Purchase Interest assigned by the Company to the
Members, by delivery of written notice to the Company and the Seller.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 31 of 39	 

    	 	 	 

    

 

(ii)
If options to purchase have been exercised by the Company and the Members with respect to some but not all of the Purchase Interest
by the end of the 60-day period specified in the last sentence of the foregoing subsection (i), then the Company shall, immediately
after the expiration of such period, send written notice to those Members who fully exercised their option within such period
(the “Exercising Buyers”). Each Exercising Buyer shall have an additional option to purchase all or
any part of the balance of any such remaining unsubscribed portion of the Purchase Interest. To exercise such additional option,
an Exercising Buyer must deliver a written notice to the Company and the Seller within 10 days after the expiration of the 60-day
period specified in the last sentence of the foregoing subsection (i). In the event there are two or more such Exercising Buyers
that choose to exercise the last-mentioned option for a portion of the Purchase Interest in excess of the portion available, the
remaining portion available for purchase under this subsection (ii) shall be allocated to such Exercising Buyers pro rata (in
accordance with the number of Units held by each such Member as compared to the total number of Units held by all of the Members,
excluding, in each case, any Profit Units held by Profit Unit Members). If the options to purchase the remaining shares are exercised
in full by the Exercising Buyers, the Company shall immediately notify all of the Exercising Buyers and the Seller of that fact.

 

(iii)
The amount of the purchase price for the Purchase Interest in connection with any Purchase Event (unless agreed upon by the Seller
and the all applicable Buyers within 30 days after the first Buyer’s notice to the Seller) shall be the amount which the
Seller would have received with respect to the Purchase Interest had all of the property of the Company been sold at a price equal
to the Fair Market Value of such property (determined (i) as of the date the Seller receives notice of the Buyer(s)’ election
to purchase, and (ii) in accordance with the provisions of Section 12.1(e)), all liabilities of the Company were satisfied,
and the net proceeds of such sale had been distributed to the Members in liquidation pursuant to Section 13.2(c).

 

(c)
Closing and Terms. The closing of such sale shall take place within 60 days after the date the Seller receives notice of
the Buyer(s) election to purchase. The time and place of the closing shall be designated by the Buyer(s) within the first 30 days
of said 60 day period, and the purchase price shall be payable upon terms and conditions agreed to between the Buyer(s) and the
Seller, or if the Buyer(s) and the Seller are unable to agree, then as follows: (i) 25% of the total purchase price shall be paid
by the Buyer(s) to the Seller in cash at the closing and (ii) the remaining portion of the purchase price shall be evidenced by
a promissory note(s) given by the Buyer(s) in favor of the Seller, which promissory note(s) shall bear interest on the unpaid
principal balance at the General Interest Rate and require three equal payments of principal plus all accrued and unpaid interest
thereon with payment being due on the first, second and third anniversary dates, respectively, of the closing date. Each party
shall bear its own legal and accounting fees, if any. At least five business days before the closing, the Seller shall deliver
all appropriate documents of transfer in form satisfactory for execution at the closing. The purchase price hereunder may be funded
by insurance or otherwise.

 

(d)
Effect on Seller’s Interest. From the Purchase Date to the date of the Disposition of the Purchase Interest under
this Article XII, the Units represented by the Purchase Interest will be excluded from any calculation of aggregate Sharing
Ratios for purposes of any approval required of Members under this Agreement, except for approvals required by Section 14.5.
All distributions of cash or assets due to the Seller by the Company from the Purchase Date to the date of the closing of the
purchase may be applied against obligations of the Seller. Without limiting the generality of any other provision of this Agreement,
upon the exercise of the purchase option, the Seller, without further action, will have no rights in the Company or against the
Company or any Member other than the right to receive payment for the Purchase Interest in accordance with Section 12.1(c).
In connection with the closing of any purchase referenced in this Article XII, the Company must (i) use commercially reasonable
efforts to cause any guaranty of the debt of the Company provided by Seller or its Affiliates to be released or the debt to be
refinanced without Seller or any of its Affiliates being a guarantor, and (ii) indemnify the Seller for all liabilities and losses
arising from incidents or transactions occurring after the closing.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 32 of 39	 

    	 	 	 

    

 

(e)
Procedure for Determination of Fair Market Value. In the event that the value of all or any part of the property of the
Company is required to be determined for purposes of Article XII, the value, unless otherwise agreed upon, shall be determined
as provided in this Section 12.1(e). Within 10 days after a determination of value is determined to be required under Article
XII, the Company and the Seller shall select a mutually agreeable independent, qualified valuation consultant (a “Consultant”).
If the Company and the Seller cannot agree on a Consultant within a reasonable time, they shall each promptly select an independent
valuation consultant and those two consultants shall promptly select a third independent, qualified valuation consultant to be
the Consultant. The Consultant so selected shall proceed to determine promptly the Fair Market Value of the property in question
in accordance with such methods and techniques as shall enable the Consultant to complete the valuation of all such property within
30 days of appointment and in the least expensive manner reasonably possible while obtaining a reasonable determination of the
Fair Market Values of the properties including if necessary, procedures producing a result less formal than an appraiser’s
opinion as to value. The Consultant shall deliver a written report of its determination of Fair Market Value to all interested
parties and, absent fraud or manifest error, this determination shall be final and binding on the interested parties for purposes
of this Article XII. After determination of the Fair Market Value of the Company property, the Manager shall make a determination
of the amount due to each Member in accordance with Section 12.1(b) hereof as if all the property of the Company were sold
at the Fair Market Value determined by the Consultant, the liabilities of the Company were satisfied, and the proceeds of the
sale paid and/or distributed pursuant to Section 13.2(c). For purposes of this Section 12.1(e), no minority discount
or lack of marketability discount shall be applied. The fees and expenses of the Consultant shall be borne by the Seller.

 

(f)
Purchase Event Relating to the Termination of Marital Relationship. For a period of 30 days following the date on which
the failure to complete a purchase of an interest in the Company pursuant to Section 3.6 results in a Purchase Event pursuant
to such Section, only the Member Spouse (as defined in Section 3.6) shall have the right to exercise the purchase option
pursuant to this Article XII. The Member Spouse may exercise its purchase option by delivering notice of such exercise
to the Seller (i.e., the Non-Member Spouse) and the other Members within such 30 day period. If the Member Spouse does
not exercise its option within such 30 day period, Article XII shall apply without regard to this Section 12.1(f).

 

12.2
Forfeiture. Upon the occurrence of a Forfeiture Event with respect to a Member (the “Forfeiting Member”),
all of the Forfeiting Member’s Profit Units shall be forfeited to the Company for no consideration without further action
by the Forfeiting Member or the Company. As of the date on which the Forfeiture Event occurred, the Forfeiting Member’s
Profit Units shall not constitute outstanding Units. The Manager is authorized to amend Exhibit A in accordance with this
Section 12.2.

 

ARTICLE
XIII

DISSOLUTION,
LIQUIDATION AND TERMINATION

 

13.1
Dissolution. The Company shall dissolve and its affairs shall be wound up on the first to occur of the following: 

(a)
The approval of a Required Interest of the Members;

 

(b)
entry of a decree of judicial dissolution of the Company under Section 11.051 of the TBOC; or

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 33 of 39	 

    	 	 	 

    

 

(c)
the sale or other disposition of all or substantially all of the Company’s assets.

 

The
death, expulsion, withdrawal, bankruptcy or dissolution of a Member or the occurrence of any other event which terminates the
continued membership of a Member shall not dissolve the Company.

 

13.2
Liquidation and Termination. On dissolution of the Company, the Manager shall act as liquidator unless the Members holding
a Required Interest select another liquidator. The liquidator shall proceed diligently to wind up the affairs of the Company and
make final distributions as provided herein and in the TBOC. The costs of liquidation shall be borne as a Company expense. Until
final distribution, the liquidator shall continue to operate the Company properties with all of the power and authority of the
Manager. The steps to be accomplished by the liquidator are as follows: 

 

(a)
as promptly as possible after dissolution and again after final liquidation, the liquidator shall cause a proper accounting to
be made of the Company’s assets, liabilities, and operations through the last day of the calendar month in which the dissolution
occurs or the final liquidation is completed, as applicable;

 

(b)
the liquidator shall cause the notice described in Section 11.052(a)(2) of the TBOC to be mailed to each known creditor of and
claimant against the Company;

 

(c)
the liquidator shall pay, satisfy or discharge from Company funds all of the debts, liabilities and obligations of the Company
(including all expenses incurred in liquidation and any advances described in Section 4.4) or otherwise make adequate provision
for payment and discharge thereof (including the establishment of a cash escrow fund for contingent liabilities in such amount
and for such term as the liquidator may reasonably determine); and

 

(d)
all remaining assets of the Company shall be distributed to the Members pro rata to the Members in proportion to their relative
Sharing Ratios.

 

All
distributions in kind to the Members shall be made net of, and subject to, the costs, expenses, and liabilities theretofore incurred
or for which the Company has committed prior to the date of termination with respect to such distributions in kind. The distribution
of cash and/or property to a Member in accordance with the provisions of this Section 13.2 constitutes a complete return
to the Member of its Capital Contributions and a complete distribution to the Member of its Membership Interest and all the Company’s
property. Notwithstanding the foregoing or anything herein to the contrary, the Members agree that following dissolution of the
Company, the assets contributed to the Company by GWTI as part of its Capital Contribution may be distributed by the liquidator
to GWTI, but may not be distributed by the liquidator to any other Member, or transferred to any third party, without the prior
written consent of GWTI. In the event that the assets contributed to the Company by GWTI are so distributed to GWTI in connection
with a dissolution of the Company, GWTI shall be deemed to have received a return of its Capital Contribution in full. To the
extent that a Member returns funds to the Company, it has no claim against any other Member for those funds.

 

GWTI’s
Property. It is expressly understood and agreed that (i) GWTI’s contribution to the Company consists of a license to
use certain of its intellectual property and related assets (collectively, “GWTI’s Property”) pursuant to the
Intellectual Property License, with an effective date of August 20, 2019, by and between GWTI and the Company, but that ownership
of GWTI’s Property shall in all events remain with GWTI; and (ii) in the event of any actual liquidation or termination
of the Company, or any type of meritorious legal or equitable action by any creditor of Licensee and/or Licensee’s officers,
directors, or members that is likely to exceed the assets of the Company excluding GWTI’s Property, GWTI’s Property
may not be liened, encumbered, pledged, or otherwise assigned to or for the benefit of any creditor or other party, and GWTI may
in its sole discretion take all steps necessary to prevent any other party from exerting control over, moving, and/or gaining
access to GWTI’s Property.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 34 of 39	 

    	 	 	 

    

 

13.3
Compliance with Timing Requirements of Regulations. It is the intent of the Members that the allocations provided in Section
5.2 result in distributions required pursuant to Section 13.2(d) being in accordance with positive Capital Accounts
as provided for in the Treasury Regulations under Code Section 704(b). However, if after giving hypothetical effect to the allocations
required by Section 5.2, the Capital Accounts of the Members are in such ratios or balances that distributions pursuant
to Section 13.2(d) would not be in accordance with the positive Capital Accounts of the Members as required by the Treasury
Regulations under Code Section 704(b), such failure shall not affect or alter the distributions required by Section 13.2(d). Rather,
Net Profit and Net Loss (or items thereof) shall be allocated among the Members in a manner which, to the extent possible, will
result in the Capital Account of each Member having a balance prior to distribution equal to the amount of distributions to be
received by such Member pursuant to Section 13.2(d). 

 

13.4
Termination of the Company. On completion of the distribution of Company assets as provided herein, the Company is terminated,
and the Manager (or such other Person or Persons as the TBOC may require or permit) shall file a certificate of termination with
the Secretary of State of the State of Texas and take such other actions as may be necessary to terminate the Company. 

 

ARTICLE
XIV

 

GENERAL
PROVISIONS

 

14.1
Offset. Whenever the Company is to pay any sum to any Member, any amounts that Member owes the Company may be deducted
from that sum before payment. 

 

14.2
Notices. Except as expressly set forth to the contrary in this Agreement, all notices, requests, or consents provided for
or permitted to be given under this Agreement must be in writing and must be given either by delivering that writing to the recipient
in person, by courier (including nationally recognized overnight courier), or by confirmed email transmission; and a notice, request,
or consent given under this Agreement is effective on receipt or refusal of receipt by the Person to receive it. All notices,
requests, and consents to be sent to a Member must be sent to or made at the address or email address given for that Member on
Exhibit A hereto with respect to such Member or in the instrument described in Section 3.3(e)(i)(B) or 3.4,
or such other address or email address as that Member may specify by notice to the other Members. Any notice, request, or consent
to the Company or the Manager must be given to the Company or the Manager at the then current address of the principal office
of the Company. Whenever any notice is required to be given by law, the Certificate of Formation or this Agreement, a written
waiver thereof, signed by the Person entitled to notice, whether before or after the time stated therein, shall be deemed equivalent
to the giving of such notice. 

 

14.3
Entire Agreement; Supersedure; Additional Agreements. This Agreement, together with any Subscription Document, constitutes
the entire agreement of the Members relating to the Company and supersedes all prior contracts or agreements of the Members with
respect to the Company, whether oral or written. The representations and warranties of each Member in, and the other provisions
of, any subscription or contribution agreement(s) or Unit Award Agreement(s) between the Company and such Member and/or any instruments
or documents delivered by such Member under Section 3.3 (collectively, the “Subscription Documents”)
shall survive the execution and delivery of this Agreement. 

 

14.4
Effect of Waiver or Consent. A waiver or consent, express or implied, to or of any breach or default by any Person in the
performance by that Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach
or default in the performance by that Person of the same or any other obligations of that Person with respect to the Company.
Failure on the part of a Person to complain of any act of any Person or to declare any Person in default with respect to the Company,
irrespective of how long that failure continues, does not constitute a waiver by that Person of its rights with respect to that
default until the applicable statute-of-limitations period has run. 

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 35 of 39	 

    	 	 	 

    

 

14.5
Amendment or Modification. Except as otherwise provided in Sections 3.3, 3.4, 3.9(b) or Article XII, or as
necessary to give effect to the provisions of this Agreement, this Agreement may be amended or modified from time to time only
by a written instrument adopted by the Manager and the Members holding a Required Interest; provided, that, except as provided
by Sections 3.3, 3.4, 3.9(b) or Article XII, or as necessary to give effect to the provisions of this
Agreement, the allocation or distribution provisions of this Agreement may not be amended to the extent such amendment affects
the allocations or distributions to any Member or materially increases the obligations of any Member without the consent of such
Member; provided, further, that this Agreement may not be amended to the extent that such amendment materially and adversely affects
any Member differently than other similarly situated Members without the consent of such Member. In addition, the Manager may
amend this Agreement without the consent of the Members that merely corrects any error or ambiguity that does not adversely affect
any Member in a material manner. 

 

14.6
Binding Effect. Subject to the restrictions on Dispositions set forth in this Agreement, this Agreement is binding on and
inures to the benefit of the Members and their respective heirs, legal representatives, successors, and assigns. 

 

14.7
Governing Law; Venue. This Agreement shall be construed,
enforced, and governed by the internal laws of the State of Texas (without regard to its choice of law principles). Any proceedings
with respect to disputes under or relating to the Company or this Agreement shall occur exclusively in the federal or state courts
located in Dallas County, Texas. All proceedings, hearings and other events in which the parties must be present shall take place
in Dallas, Texas.

 

14.8
Waiver of Jury Trial. EACH OF THE PARTIES HEREBY IRREVOCABLY
WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF, OR RELATING TO, THIS AGREEMENT.

 

14.9
Equitable Remedies. Each party hereto acknowledges that the other parties hereto would be irreparably damaged in the event
of a breach or threatened breach by such party of any of its obligations under this Agreement and hereby agrees that in the event
of a breach or a threatened breach by such party of any such obligations, each of the other parties hereto shall, in addition
to any and all other rights and remedies that may be available to them in respect of such breach, be entitled to an injunction
from a court of competent jurisdiction (without any requirement to post bond) granting such parties specific performance by such
party of its obligations under this Agreement. In the event that any party files a suit to enforce the covenants contained in
this Agreement (or obtain any other remedy in respect of any breach thereof), the prevailing party in the suit shall be entitled
to receive in addition to all other damages to which it may be entitled, the costs incurred by such party in conduction the suit,
including reasonable attorney’s fees and expenses. 

 

14.10
Attorneys’ Fees. In the event that any party hereto institutes any legal suit, action or proceeding, including arbitration,
against another party in respect of a matter arising out of or relating to this Agreement, the prevailing party in the suit, action
or proceeding shall be entitled to receive, in addition to all other damages to which it may be entitled, the costs incurred by
such party in conducting the suit, action or proceeding, including reasonable attorneys’ fees and expenses and court costs. 

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 36 of 39	 

    	 	 	 

    

 

14.11
Severability of Provisions. If any provision of this Agreement or the application thereof to any Person or circumstance
is held invalid or unenforceable to any extent in any jurisdiction, the remainder of this Agreement and the application of that
provision to other Persons or circumstances or in other jurisdictions is not affected thereby and that provision shall be enforced
to the greatest extent permitted by law.

 

14.12
Further Assurances. In connection with this Agreement and the transactions contemplated hereby, each Member shall execute
and deliver any additional documents and instruments and perform any additional acts that may be necessary or appropriate to effectuate
and perform the provisions of this Agreement and those transactions. 

 

14.13
Waiver of Certain Rights. Each Member irrevocably waives any right it may have to maintain any action for dissolution of
the Company or for partition of the property of the Company. 

 

14.14
Spousal Consents. The undersigned spouses, if any, of the Members join in the execution of this Agreement to evidence that
their community property interest, if any, in the Company shall be bound by the terms of this Agreement, including restrictions
on Disposition, Section 3.6, the provisions of Article XII and Section 14.15. The termination of the marital
relationship of any Member and such Member’s spouse for any reason shall not have the effect of removing any Units otherwise
subject to this Agreement from the coverage hereof. In the event any Member should hereafter become married to any Person other
than such Member’s existing spouse, such Member shall cause such new spouse promptly to execute an instrument acceptable
to the Manager pursuant to which said new spouse shall agree to be bound by the terms of this Agreement, including the terms of
this Section 14.14. Furthermore, each of the undersigned spouses, if any, of the Members hereby appoints the Member to
whom he or she is married as his or her attorney in fact to represent him or her in all matters with regard to the Company and
to bind his or her interest, jointly with the applicable Member’s, including by execution of any document relating to the
Company. This power of attorney is given each such spouse in consideration of the agreements and covenants of the Company and
the Members in connection with the transactions contemplated by this Agreement and is coupled with an interest and shall be irrevocable
unless and until this Agreement terminates in accordance with its terms, and will survive the death, incompetency or disability
of such spouse. 

 

14.15
Powers of Attorney.

 

(a)
Each of the Members, and the undersigned spouses, if any, of each of the Members, does hereby constitute and appoint the Manager
and the liquidators, and their respective designees, any of which may act without the joinder of the others, with full power of
substitution, as its true and lawful agents and attorneys in fact, with full power and authority in its name, place and stead,
to execute, swear to, acknowledge, deliver, file and record (i) all instruments, documents and certificates that may from time
to time be required by any law to effectuate, implement and continue the valid and subsisting existence of the Company, (ii) all
instruments, documents and certificates which the Manager deems appropriate or necessary to reflect any amendment, change, modification
or restatement of this Agreement effected in accordance with Section 14.5, (iii) all instruments, documents and certificates
relating to the admission, withdrawal or substitution of any Member pursuant to Articles III and XII, and (iv) all
instruments, documents and certificates that may be required to effectuate the dissolution and termination of the Company in each
case in accordance with the provisions of this Agreement.

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 37 of 39	 

    	 	 	 

    

 

(b)
Each of the Members, and the undersigned spouses, if any, of each of the Members, does hereby constitute and appoint the Manager,
the liquidators and their respective designees, any of which may act without the joinder of the others, with full power of substitution,
as its proxies and true and lawful agents and attorneys in fact, with full power and authority in its name, place and stead, with
respect to the matters set forth herein, including election of the Manager in accordance with Article VI and regarding
any Drag-Along Sale pursuant to Section 3.3(c), and hereby authorizes each of them to represent, vote and consent, if and
only if the party (i) fails to vote or consent or (ii) attempts to vote or consent (whether by proxy, in person or by written
consent), in a manner which is inconsistent with the terms of this Agreement, all of such Member’s Membership Interests
in favor of the election of persons as Manager determined pursuant to and in accordance with the terms and provisions of this
Agreement or approval of any Drag-Along Sale pursuant to and in accordance with the terms and provisions of Section 3.3(c)
or to take any action necessary to effect the provisions of Section 3.3(c), including the execution, delivery, filing
and recording of any and all instruments, documents and certificates which the Manager or designee of the Dragging Members deems
appropriate or necessary to effect the provisions of Section 3.3(c).

 

(c)
Each of the proxies and powers of attorney granted pursuant to this Section is given in consideration of the agreements and covenants
of the Company and the Members in connection with the transactions contemplated by this Agreement and each is coupled with an
interest and shall be irrevocable unless and until this Agreement terminates in accordance with its terms, and will survive the
death, incompetency, disability or dissolution of such Member. Each Member, and such Member’s spouse, if any, hereby revokes
any and all previous proxies or powers of attorney with respect to the Membership Interests.

 

14.16
Counterparts. This Agreement may be executed (including by Electronic Transmission) in any number of counterparts with
the same effect as if all signing parties had signed the same document. All counterparts shall be construed together and constitute
the same instrument. 

 

*
* * * *

 

IN
WITNESS WHEREOF, the Manager and the Members have executed and adopted this Agreement as of the date first set forth above.

 

{Signatures
on the Following Page}

 

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 38 of 39	 

    	 	 	 

    

 

	 	MANAGER:
	 	 
	 	/s/ Kevin Jones
	 	KEVIN JONES
	 	 	 
	 	MEMBERS:
	 	 	 
	 	MABERT, LLC
	 	 	 
	 	By:	/s/
    Kevin Jones
	 	Name:	Kevin
    Jones
	 	Title:	Managing
    Member
	 	 	 
	 	GREENWAY
    TECHNOLOGIES, INC.
	 	 
	 	By:	/s/
    Kent Harer
	 	Name:	Kent
    Harer
	 	Title:	President
    (Acting)
	 	 	 
	 	 	/s/
    Thomas Phillips
	 	 	THOMAS
    PHILLIPS
	 	 	 
	 	 	THE
    UNDERSIGNED SPOUSE OF THE MEMBER NAMED ABOVE HEREBY CERTIFIES THAT HE/SHE HAS READ THIS AGREEMENT, UNDERSTANDS EACH PROVISION,
    AND AGREES TO BE BOUND BY THE TERMS SET FORTH IN THIS AGREEMENT, INCLUDING SECTION 14.14.
	 	 	 
	 	 	 
	 	 	Print
    Name:________________________________

 

[Limited
Liability Company Agreement of OPM Green Energy, LLC]

 

    	 	Page 39 of 39	 

    	 	 	 

    

 

EXHIBIT
A

 

UNITS
& SHARING RATIOS

 

	Member	 	Units	 	 	Sharing
    Ratio	 
	Mabert, LLC 892 Meadow Hill
    Road Fort Worth, Texas 76108 Attn: Kevin Jones Email: kevin@acfteam.com	 	 	300	 	 	 	42.857	%
	Greenway Technologies, Inc. 1521 N.
    Cooper St. Arlington, Texas 76011 Attn: Raymond Wright Email:raymond.wright@gwtechinc.com	 	 	300	 	 	 	42.857	%
	Tom Phillips 239 West Jefferson Blvd.
    Dallas, Texas 75208 Email: tom.phillips@gwtechinc.com	 	 	100	*	 	 	14.286	%
	Total:	 	 	700	 	 	 	100.00	%
	Authorized Units:	 	 	1,000	 	 	 	 	 

 

Units
designated with an asterisk (*) are Profit Units.

 

[Exhibit A]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}]]