Operating Agreement Llc Arizona Template

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Sample

Operating Agreement LLC Arizona Template

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Operating Agreement LLC Arizona Template (1)
Between:
[Name of Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of Member 2]
[Member 2’s ID]
[Member 2’s Address]
Introduction:
This Operating Agreement (“Agreement”) is made effective as of [Effective Date], between the above-mentioned members of [LLC Name], a limited liability company organized in the state of Arizona.
Article I: Formation
The Members hereby form a Limited Liability Company (LLC) pursuant to the laws of Arizona.
Article II: Purpose
The purpose of this LLC is to engage in any lawful activity permitted under the laws of the State of Arizona.
Article III: Members
The Members of the Company are as follows:
[List Members, their respective ownership percentages and capital contributions].
Article IV: Management
The management of the LLC shall be vested in the Members. Decisions will be made by majority vote based on ownership percentages.
Article V: Capital Contributions
Initial capital contributions by each Member shall be as follows:
[Specify contributions]. Additional contributions may be made upon unanimous agreement.
Article VI: Distributions
Distributions of cash or other assets shall be made to the Members in proportion to their respective membership interests.
Article VII: Indemnification
The LLC shall indemnify the Members to the fullest extent permitted by law for any claims arising from the LLC’s activities.
Article VIII: Amendments
This Agreement may be amended only by a written agreement signed by all Members.
Article IX: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona.
Executed on [City], [Date].
In Witness Whereof,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Operating Agreement LLC Arizona Template (2)
Between:
[Name of Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of Member 2]
[Member 2’s ID]
[Member 2’s Address]
Introduction:
This Operating Agreement (“Agreement”) is made effective as of [Effective Date], establishing the formal structure of [LLC Name], an Arizona limited liability company.
Article I: Formation
The Members hereby form a Limited Liability Company (LLC) under Arizona law.
Article II: Purpose
The purpose of this LLC is to conduct any lawful business activity, including but not limited to [Specify Business Activities].
Article III: Members
The Members of the Company are: [Insert Member Names, ownership percentages, and capital contributions].
Article IV: Management Structure
Management will be conducted by the Members themselves, with decisions made based on a majority vote weighted by ownership stakes.
Article V: Contributions
Each Member’s initial capital contribution is documented as follows:
[Detailed Contributions]. Further contributions shall be agreed upon by all Members.
Article VI: Distribution of Profits and Losses
Profits and losses shall be allocated to the Members in accordance with their respective ownership interests.
Article VII: Indemnity
The LLC shall indemnify each Member against any losses or claims that arise from the conduct of LLC’s business.
Article VIII: Amendment of Agreement
This Agreement may be amended through a written instrument that is signed by all Members.
Article IX: Legal Compliance
This Agreement shall promote operations in compliance with Arizona laws and regulations.
Executed in [City], [Date].
In Witness Whereof,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Form

Please complete the form below to create the Operating Agreement LLC Arizona Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Operating Agreement LLC Arizona Template

1. LLC Information


2. Member Information


3. Purpose of the LLC

4. Duration of the LLC

5. Management Structure

6. Capital Contributions

7. Distribution of Profits and Losses

8. Meetings

9. Amendment Procedures

10. Indemnification

11. Signatures and Acceptance

By signing below, the members acknowledge and agree to the terms outlined in this Operating Agreement.

12. Declaration and Signatures



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Operating Agreement LLC Arizona Template

Printable | Editable Form




Operating Agreement Llc Arizona Template