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Page 4—OPERATING AGREEMENT 5.5.3 To amend the Articles of Organization of the Company; 5.5.4 To change the nature of the business of the Company;or 5.5.5 To commence a voluntary bankruptcy case for the Company. The Managers may, but are not required to,refer any other matter to the Member for approval. 5.6 Other Agents. By action of the Managers,other agents may be authorized to act on behalf of the company. The authority given such agents may be general or may be limited to specific matters. 5.7 Powers of Member. The member is not authorized to act on behalf of the Company in his capacity as a Member. 5.8 Devotion of Time; Outside Activities. Each Manager must devote so much time and attention to the business of the company as the Manager or Managers then serving deem is appropriate. Managers may engage in business and investment activities outside the Company,and neither the Company nor the Member has any rights to the property, profits or benefits of such activities. But no Manager may enter into any business or investment activity that is competitive with the business of the Company unless the activity was approved in advance by the Member. No Manager may use any property or assets of the Company other than for the operation of the Company's business. For the purpose,the property and assets of the Company include,without limitation,information developed for the Company, opportunities offered to the Company,and other information or opportunities entrusted to a Manager as a result of being a Manager of the Company. 5.9 Compensation and Reimbursement. Managers will be paid such salaries and other compensation as may be fixed from time to time by the Member. Managers are also entitled to reimbursement from the Company for reasonable expenses incurred on behalf of the Company including expenses incurred in the formation,dissolution,and liquidation of the Company.