EXHIBIT 3.108
PAGE 1 OF 5
SHORT FORM
OPERATING AGREEMENT
OF
VALLE VISTA HOSPITAL, LLC
MEMBERS
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Cash Contributed or Agreed
Aggregate Percentage Interest Value of Other Property or
Name, Address, TIN Percentage Interest of Each Class Services Contributed
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Financial Governance Financial Governance
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BHC Valle Vista Hospital, Inc. 100% 100% 100% 100% $1,000
102 Woodmont Blvd.
Suite 800
Nashville, TN 37205
EIN:_________
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PAGE 2 OF 5
VALLE VISTA HOSPITAL, LLC
OPERATING AGREEMENT
PARTIES TO CONTRIBUTION AGREEMENTS
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Class of Membership Amount of Cash or Value of Time at Which
Interest and Percentage Property or Services Required Contribution is Required to
Name, Address, TIN Interest to be Acquired to be Contributed be Made
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None
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PAGE 3 OF 5
VALLE VISTA HOSPITAL, LLC
OPERATING AGREEMENT
PARTIES TO CONTRIBUTION ALLOWANCE AGREEMENTS
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Class of Membership Amount of Cash or Value of Time at Which
Interest and Percentage Property or Services that must be Contribution is to be
Name, Address, TIN Interest Able to be Acquired Contributed to Acquire Interest Made
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None
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PAGE 4 OF 5
VALLE VISTA HOSPITAL, LLC
OPERATING AGREEMENT
ASSIGNEES OF FINANCIAL RIGHTS
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Name of
Name, Address, TIN Assignor Amount of Financial Rights Assigned
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None
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PAGE 5 OF 5
VALLE VISTA HOSPITAL, LLC
OPERATING AGREEMENT
MANAGERS AND TAX MATTERS MEMBER
President: Edward A. Stack
Vice President, Secretary & Treasurer: Michael E. Davis
Vice President: Neal G. Cury, Jr.
Vice President: Sheila Mischler
Tax Matters Member: BHC Valle Vista Hospital, Inc.
Principal Executive Office: 102 Woodmont Blvd.
Suite 800
Nashville, TN 37205
Manager:
Except as provided herein, the LLC shall be controlled by the default rules of
the Delaware Limited Liability Company Act and the provisions of the Articles.
The Membership Interest (Financial Rights and Governance Rights) are as set
forth herein. Membership Interests and Financial Rights may only be assigned
upon the Majority Vote of the Members. New Members may only be admitted on a
Majority Vote of the Members. For these purposes, "Majority Vote" shall mean a
majority of the Governance Rights entitled to vote on the matter, whether or not
present at a meeting.
FIRST AMENDMENT TO THE
OPERATING AGREEMENT OF
VALLE VISTA, LLC
Pursuant to the provisions of the Delaware Limited Liability
Company Act (the "Act"), the following amendment to the operating agreement of
Valle Vista, LLC, a Delaware limited liability company (the "Company"), dated
July 1, 1998, is hereby amended as follows:
1. The Managers and Tax Matters Members listed on page 5
of 5 of the Operating Agreement shall be deleted in their entirety and replaced
with the following:
MANAGERS
President: Vernon S. Westrich
Senior Vice President & Treasurer: William P. Barnes
Senior Vice President & Secretary: Stephen C. Petrovich
Risk Management & Vice President: Margaret Jo Cooper
Vice President: James N. Schnuck
Vice President: Scott Kardenetz
Vice President: Debra Moore
Vice President: Anne Knapp
2. This amendment was duly adopted by the sole member on
March 21, 2001.