Exhibit 3.9
ARTICLESOF ORGANIZATION
OF
BADLANDS LEASING, LLC
The undersigned, acting as organizer of BADLANDS LEASING, LLC, under the North Dakota Limited Liability Company Act (Chapter 10-32), adopts the following Articles of Organization for said Limited Liability Company:
I.
NAMEOF COMPANY
The name of the limited liability company is BADLANDS LEASING, LLC (the “Company”).
II.
PERIODOF DURATION
The period of duration is perpetual from the date of filing of these Articles of Organization with the North Dakota Secretary of State, unless the Company is sooner dissolved.
III.
PURPOSE
The Company is organized (1) for the purposes of owning and leasing an airplane; and (2) for any general business purpose or purposes pursuant to Section 10-32-04 of the North Dakota Limited Liability Company Act.
IV.
REGISTERED OFFICEAND AGENT
The address of its initial registered agent, and the name of the initial registered agent at that address is as follows:
| | | | |
| | Lawco of North Dakota, Inc. | | |
| | 111 East Broadway—PO Box 1206 | | |
| | Williston, ND 58802-1206 | | |
ARTICLESOF ORGANIZATIONOF BADLANDS LEASING,
LLC, A NORTH DAKOTA LIMITED
LIABILITY COMPANY
PAGE | 1
V.
MEMBERS
The total amount of cash to contributed by check or wire or certified funds and the fair market value of property contributed by the Members is $540,000.00. The Members have not agreed to make any additional contributions, but may agree to do so in the future upon the terms and conditions set forth in the Operating Agreement.
VI.
ADDITIONAL MEMBERS
The Members reserve the right to admit additional Members upon the unanimous agreement of the Members as to the admission of, and the consideration to be paid by, such new Members, and subject to the terms and conditions of the Company’s Operating Agreement.
VII.
OPERATING AGREEMENT
The Operating Agreement of the Company shall be executed by each Member of the Company and shall set forth all provisions for the affairs of the Company and the conduct of its business to the extent that such provisions are not inconsistent with law or these Articles.
VIII.
LIABILITIESOF MEMBERSAND MANAGERS
Members and managers of the Company are not liable under a judgment, decree or order of a court, or in any other manner, for a debt, obligation or liability of the Company.
ARTICLESOF ORGANIZATIONOF BADLANDS LEASING,
LLC, A NORTH DAKOTA LIMITED
LIABILITY COMPANY
PAGE | 2
IX.
MANAGERS
The name and business address of the initial manager is:
Mark Johnsrud
2951 125th Avenue NW
Watford City, ND 58854
The manager may be removed and replaced by the Members, as provided in the Operating Agreement.
X.
ORGANIZERS
The name and address of the organizer is:
Jennifer M. Nasner
P.O. Box 1206
111 E. Broadway
Williston, ND 58802-1206
IN WITNESS WHEREOF, the undersigned has, caused these Articles of Organization to be executed this13th day of December, 2007.
| | |
By: | | /s/ Jennifer M. Naser |
| | Jennifer M. Naser |
ARTICLESOF ORGANIZATIONOF BADLANDS LEASING,
LLC, A NORTH DAKOTA LIMITED
LIABILITY COMPANY
PAGE | 3