Wisconsin Llc Operating Agreement Template

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Wisconsin LLC Operating Agreement Template

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Wisconsin LLC Operating Agreement Template (1)
Between:
[Member 1 Name]
[Member 1 Address]
[Member 1 Email]
[Member 1 Phone Number]
And:
[Member 2 Name]
[Member 2 Address]
[Member 2 Email]
Introduction:
This Operating Agreement (“Agreement”) is made and entered into as of [Date] by and between the Members listed above for the purpose of governing the operation of [Company Name], an LLC formed under the laws of the State of Wisconsin.
Article I: Formation
The Members hereby form a Limited Liability Company (“Company”) pursuant to the Wisconsin LLC Act, and the rights and obligations of the Members shall be as set forth in this Agreement.
Article II: Purpose
The purpose of the Company is to engage in any lawful activity for which Limited Liability Companies may be organized in the State of Wisconsin.
Article III: Members
The Members of the Company shall be as follows:
1. [Member 1 Name], [Percentage of Ownership]%
2. [Member 2 Name], [Percentage of Ownership]%
Article IV: Management
The management of the Company shall be vested in the Members. Any decision relating to the business of the Company shall require the approval of Members holding a majority of the ownership interests.
Article V: Capital Contributions
Each Member shall contribute the following capital to the Company:
1. [Member 1 Name]: [Amount]
2. [Member 2 Name]: [Amount]
Article VI: Distributions
Distributions of profits and losses shall be allocated to the Members in proportion to their respective ownership interests.
Article VII: Indemnification
The Company shall indemnify and hold harmless any Member or manager from any claims, damages, or liabilities arising out of their role with the Company, except in the case of willful misconduct or gross negligence.
Article VIII: Amendment
This Agreement may be amended only by a written agreement signed by all Members.
Signed in [City], Wisconsin, on [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Wisconsin LLC Operating Agreement Template (2)
Between:
[Member 1 Name]
[Member 1 Address]
[Member 1 Email]
[Member 1 Phone Number]
And:
[Member 2 Name]
[Member 2 Address]
[Member 2 Email]
Introduction:
This Operating Agreement (“Agreement”) outlines the management and operational procedures for [Company Name], a Limited Liability Company organized under the laws of Wisconsin, effective as of [Date].
Article I: Company Formation
The Members hereby form a Limited Liability Company pursuant to the statutes of the State of Wisconsin.
Article II: Business Purpose
The business purpose of the Company is to conduct any lawful business activities permitted under Wisconsin law.
Article III: Member Information
The following are the Members of the LLC:
1. [Member 1 Name], [Ownership Percentage]%
2. [Member 2 Name], [Ownership Percentage]%.
Article IV: Management Structure
The business and affairs of the LLC shall be managed by the Members, who may appoint a manager to oversee operations.
Article V: Contributions and Distributions
Initial capital contributions shall be as follows:
1. [Member 1 Name]: [Amount]
2. [Member 2 Name]: [Amount].
Distributions shall be made according to ownership percentages.
Article VI: Indemnification Clause
Each Member shall be indemnified to the fullest extent allowed by Wisconsin law against any liabilities or losses incurred while acting on behalf of the Company.
Article VII: Amendment Process
This Agreement may be amended with the consent of all Members and shall be documented in writing.
Signed in [City], Wisconsin, on [Date].
Sincerely,
[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 Wisconsin LLC Operating Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Wisconsin LLC Operating Agreement Template

1. LLC Information


2. Member Information


3. Purpose of the LLC

4. Term of the LLC

5. Management Structure

6. Capital Contributions

7. Profit and Loss Distribution

8. Meeting Procedures

9. Amendments

10. Governing Law

11. Indemnification

12. Signatures and Acceptance

13. Declaration and Signatures



PDF


WORD

Printable

Wisconsin LLC Operating Agreement Template

Printable | Editable Form




Wisconsin Llc Operating Agreement Template