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DOCUMENT TITLE:  LIMITED LIABILITY COMPANY AGREEMENT OF STRATOSPHERE ADVERTISING AGENCY LLC .
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Clause Heading
2.1 - Formation.
2.2 - Name.
2.3 - Principal Office.
2.4 - Other Offices.
2.5 - Registered Agent and Registered Office.
2.6 - Purpose.
2.7 - Powers of the Company.
ARTICLE III - CAPITAL CONTRIBUTIONS
4.1 - Profits and Losses.
4.2 - Tax Classification.
5.1 - Operating Distributions.
5.2 - Limitations on Distribution.
6.1 - Limitation of Liability.
6.2 - Powers of the Member.
6.3 - Election of Manager.
6.4 - Appointment of Officers.
(i) - Richard P.
(ii) - Denise Barton - Senior Vice President, Chief Financial Officer, Secretary and Treasurer.
6.5 - Duties, Authority and Responsibilities of Officers.
(a) - President.
(b) - Senior Vice President.
(c) - Secretary.
(d) - Assistant Secretaries.
(e) - Treasurer.
(f) - Assistant Treasurers.
(g) - Execution of Instruments, Deeds and Contracts.
6.6 - Compensation of Officers.
6.7 - Expense Reimbursements.
6.8 - Designation of Authority.
6.9 - Transfer of Interest.
6.10 - Other Ventures.
ARTICLE VII - DISSOLUTION OF THE COMPANY AND
7.1 - Dissolution.
7.2 - Resignation.
7.3 - Distribution on Dissolution and Liquidation.
8.1 - Exculpation.
8.2 - Fiduciary Duty.
8.3 - Indemnity.
8.4 - Determination of Right to Indemnification.
8.5 - Advance Payment of Expenses.
8.6 - Assets of the Company.
9.1 - Ownership Certificates; Legend.
9.2 - Insurance.
9.3 - Complete Agreement.
9.4 - Amendments.
9.5 - Applicable Law; Jurisdiction.
9.6 - Interpretation.
9.7 - Facsimile Copies.
9.8 - Severability.
9.9 - Waivers.
9.10 - No Third Party Beneficiaries.