Hi, attached is  draft language:
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"substantially in the form attached hereto as  Exhibit A, provided that 
theLLC  Agreement may differ from such form in such respects (which may or 
maynot be substantial, but which shall not affect  the economic rights of 
theparties  thereto) as may be necessary or desirable to properly reflect?[
Pegasus as the sole owner] [the treatment] of  the?LLC for?federal income  
tax purposes"

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Please feel free to  call me with any questions.
_____________
Suzanne Pepe
Paul, Hastings, Janofsky & Walker LLP
1055 Washington Blvd.
Stamford, Connecticut 06901
Note New E-Mail suzannepepe@paulhastings.com
Phone: (203) 961-7432
Fax (general):? (203) 359-3031
Fax (dedicated): (203) 674-7632
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