The cis-hydride-eta2-dihydrogen complex [(PP3)OsH(eta2-H-2)]BPh4 (4), PP3 = P(CH2CH2PPh2)3, has been prepared by either protonation of the dihydride [(PP3)OsH2] or reaction of the novel dinitrogen complex [(PP3)OsH(N2)]-BPh4 (6) with H-2. The nonclassical structure of 4 has been established in solution by variable-temperature NMR spectroscopy (H-1, P-31), T1 measurements, and J(HD) values. An X-ray diffraction analysis has shown that the solid-state geometry of the compound is not inconsistent with the nonclassical assignment. Crystals of 4 are triclinic, space group P1BAR with a = 16.841(4) angstrom, b = 15.135(2) angstrom, c = 12.450(3) angstrom, alpha = 91.53(2)degrees, beta = 96.07(2)degrees, gamma = 106.75(2)-degrees, V = 3016.23 angstrom3, and Z = 2. In the solid state and in solution at low temperature, [(PP3)OsH(eta2-H-2)]+ is octahedral and the hydride and dihydrogen ligands occupy mutually cis positions. The H2 ligand is trans to the bridgehead phosphorus Of PP3. At ambient temperature, 4 is highly fluxional. The dynamic behavior of the complex in solution has been studied by variable-temperature P-31{H-1] NMR spectroscopy using the DNMR3 program. A comparison of the chemical properties, in particular H-2-displacement reactions, within the series [(PP3)MH(eta2-H-2)]+ (M = Fe, Ru, Os) leads to the conclusion that the osmium complex has the strongest interaction with the H-2 ligand. Complex 4 has been found capable of reacting with (CD3)2CO to give the perdeuterated isotopomer 4-d3 via a keto-enol tautomerization reaction of acetone-d6. The isolation and characterization of the mixed osmium-gold dihydride [(PP3)OsH{eta2-HAu(PPh3)}]PF6 has provided experimental evidence for the correctness of the H-2 and HAu(PPh3) isolobal relationship. The dinitrogen ligand in 6 can easily be displaced by a plethora of ligands, including weak ones such as THF and acetone. The latter reagent reacts with 6 to form the first example of a stable and isolable cis-hydride-eta1-ketone complex, [(PP3)OsH{eta1-OC(CH3)2}]BPh4, a suggested key intermediate in metal-assisted hydrogenation reactions of ketones.