Operating Agreement Llc Texas Template

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Operating Agreement LLC Texas Template

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Operating Agreement LLC Texas Template (1)
Between:
[Name of the Member]
[Member’s ID or Social Security Number]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
And:
[Name of the LLC]
[LLC’s Registration Number]
[LLC’s Address]
Introduction:
This Operating Agreement is made and entered into as of [Effective Date], by and among the undersigned members of [LLC Name], a Texas Limited Liability Company (hereafter referred to as “the Company”), to establish the rights and responsibilities of the members in relation to the LLC.
Article I: Formation
The Members hereby form a Limited Liability Company pursuant to the laws of the State of Texas. The Company’s name shall be [LLC Name].
Article II: Purpose
The purpose of this Company is to engage in any lawful act or activity for which limited liability companies may be organized under Texas law.
Article III: Duration
The duration of the Company shall be perpetual, unless otherwise dissolved in accordance with this Agreement.
Article IV: Member Contributions
Each member shall make an initial capital contribution as follows: [Specify contributions]. Additional contributions may be required as determined by the Members.
Article V: Management
The management of the Company shall be vested in its Members. Each Member shall have authority to manage the affairs of the Company in the ordinary course of business.
Article VI: Distributions
Distributions of cash or other assets shall be made to the Members in proportion to their respective capital contributions, unless unanimously agreed otherwise.
Article VII: Indemnification
The Company shall indemnify any Member against any loss or damage incurred as a result of any transaction undertaken in good faith on behalf of the Company.
Article VIII: Amendments
This Operating Agreement may be amended only by a written agreement signed by all Members.
Signed in [City], [Date].
Sincerely,
[Signature of the Member]
[Name of the Member]
[Signature of the LLC Representative]
[Name of the LLC Representative]
Operating Agreement LLC Texas Template (2)
Between:
[Name of the Member]
[Member’s ID or Social Security Number]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
And:
[Name of the LLC]
[LLC’s Registration Number]
[LLC’s Address]
Introduction:
This Operating Agreement is established as of [Effective Date] among the Members of [LLC Name] to govern the business, affairs, and conduct of the operations of the Company.
Article I: Formation and Name
The Members hereby form a Texas Limited Liability Company under the name [LLC Name] in accordance with Texas laws.
Article II: Business Purpose
The Company shall operate for any lawful purpose permitted for Limited Liability Companies under Texas law.
Article III: Members
The Members of the LLC shall initially consist of: [List members with details of contributions].
Article IV: Management Structure
The Company shall be managed by its Members and shall not elect a manager.
Article V: Financial Matters
The fiscal year of the Company shall end on the 31st day of December each year. The Members shall keep accurate financial records.
Article VI: Distributions and Allocations
Distributions shall be made to the Members in accordance with their respective ownership percentages unless otherwise agreed.
Article VII: Indemnity
The Company shall indemnify its Members from any losses incurred in good faith due to actions taken on behalf of the Company.
Article VIII: Amendments
Any amendments to this Agreement must be in writing and signed by all Members.
Signed in [City], [Date].
Sincerely,
[Signature of the Member]
[Name of the Member]
[Signature of the LLC Representative]
[Name of the LLC Representative]

Form

Please complete the form below to create the Operating Agreement LLC Texas 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 Texas Template

1. LLC Information


2. Member Information


3. Purpose of the LLC

4. Management Structure


5. Member Contributions

6. Profit and Loss Distribution

7. Voting Rights

8. Amendment Procedures

9. Indemnification

10. Miscellaneous Provisions

11. Signatures and Acceptance

12. Declaration and Signatures




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WORD

Printable

Operating Agreement LLC Texas Template

Printable | Editable Form




Operating Agreement Llc Texas Template