The Managers, or any one of them, may execute and file any duly authorized amendments to the Articles of Organization from time to time in a form prescribed by the Act. To the extent this Agreement is inconsistent in any respect with the Act, this Agreement The rights and obligations of the Member and the administration of the Company shall be governed by this Agreement and the Act. Pursuant to the filing of an amendment to the Articles of Organization on September 17, 2007, the Company shall be manager-managed. Pursuant to the filing of an Amendment to Articles of Organization on August 27, 2007, the name of the Company was changed to Harrahs Las Vegas National Organization of the Company with the office of the Secretary of the State of Nevada. The Company was formed under the name HWOOD, LLC on March 1, 2005 pursuant to Chapter 86 of the Nevada Revised Statutes, as amended from time to time (the Act), by the filing of Articles of September 17, 2007, and shall amend and restate, in entirety, all previous Operating Agreements of the Company. Time, this Agreement) of Harrahs Las Vegas National Golf Management Company, LLC (the Company) is made by Harrahs Operating Company, Inc. This AMENDED AND RESTATED OPERATING AGREEMENT (as amended from time to HARRAHS LAS VEGAS NATIONAL GOLF MANAGEMENT COMPANY, LLC Amended and Restated Operating Agreement of Las Vegas Golf Management, LLC
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