You can open the Operating Agreement Template Texas in multiple formats, including PDF, Word, and Google Docs.
Operating Agreement Template Texas Printable | Editable FormSample
[Name of the Company]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
This Operating Agreement is made effective as of [Effective Date] for the limited liability company, [Company Name], in accordance with the Texas Limited Liability Company Act.
The Members hereby form a limited liability company pursuant to the Texas Limited Liability Company Act and agree to operate under the name [Company Name].
The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be organized in Texas.
The initial Members of the Company are as follows:
1. [Name of Member 1] – [Ownership Percentage]
2. [Name of Member 2] – [Ownership Percentage]
The management of the Company shall be vested in the Members. Decisions shall be made by majority vote, except as otherwise required by this Agreement.
The Members agree to contribute the following capital to the Company:
1. [Name of Member 1] – $[Amount]
2. [Name of Member 2] – $[Amount]
Distributions of profits and losses shall be made to the Members in proportion to their respective ownership interests in the Company.
The Company shall maintain its books and records on a fiscal year basis, ending on the 31st day of December of each year.
To the fullest extent allowed by law, the Company shall indemnify any Member or Manager against any and all expenses and liabilities incurred in connection with the Company.
This Agreement may be amended only by a written agreement signed by all Members.
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
[Name of the Company]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
[Name of Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Name of Member 2]
[Member 2’s ID]
[Member 2’s Address]
This Operating Agreement is made to govern the relationship between the Members of [Company Name], created under the Texas Limited Liability Company Act.
The name of the Company is [Company Name].
The principal office of the Company shall be located at [Company Address].
The Membership Interests shall be as follows:
1. [Name of Member 1] – [Ownership Percentage]
2. [Name of Member 2] – [Ownership Percentage]
The Company shall be managed by the Members, each having the authority to bind the Company in transactions as necessary.
The Members shall contribute the following assets as initial capital:
1. [Name of Member 1] – $[Amount]
2. [Name of Member 2] – $[Amount]
Profit and loss allocations shall follow the percentage of Membership Interest as detailed in Article III.
All records shall be maintained at the principal office and Members shall have access to them at reasonable times.
No Member shall be liable for the debts of the Company beyond their capital contributions.
This Agreement may be modified only by a written agreement signed by all Members.
[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 Template – Texas. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Operating Agreement Template – Texas 1. Company Information 2. Members Information 3. Purpose of the Company 4. Management Structure 5. Voting Rights 6. Distributions 7. Meetings 8. Amendment Procedures 9. Indemnification 10. Signatures and Acceptance 11. Declaration and Signatures
PDF
WORD
Operating Agreement Template Texas Printable | Editable FormPrintable
