You can open the S Corp Operating Agreement Template in multiple formats, including PDF, Word, and Google Docs.
S Corp Operating Agreement Template Printable | Editable FormSample
[Name of the S Corporation]
[Principal Address]
This agreement is made to outline the formation of the S Corporation under the laws of [State], as of [Effective Date].
The specific purpose of the corporation is: [Describe purpose of the business].
The initial shareholders of the corporation are:
1. [Name of Shareholder 1] – [Number of Shares]
2. [Name of Shareholder 2] – [Number of Shares]
The management of the corporation shall be vested in a Board of Directors. The initial Directors are:
1. [Name of Director 1]
2. [Name of Director 2]
Regular meetings of the shareholders and the Board of Directors shall be held annually. Special meetings may be called at any time by the President or by shareholders holding at least [Percentage]% of the shares.
Distributions shall be made to shareholders in proportion to their respective ownership of shares, subject to the availability of funds and in compliance with relevant laws.
This Agreement may be amended only by a written agreement signed by shareholders representing at least [Percentage]% of the voting shares.
This Agreement shall be governed by, and construed in accordance with, the laws of the State of [State].
[Signature of Shareholder 1]
[Name of Shareholder 1]
[Signature of Shareholder 2]
[Name of Shareholder 2]
[Name of the S Corporation]
[Office Address]
This Operating Agreement is entered into as of [Effective Date] by and among the Shareholders listed herein.
The corporation is organized for the purpose of conducting business activities including but not limited to: [List business activities].
The Shareholders of the corporation currently are:
– [Shareholder 1 Name]: [Number of Shares]
– [Shareholder 2 Name]: [Number of Shares]
The corporation shall be managed by a Board of Directors consisting of not less than [Number] individuals, elected by the Shareholders. The initial directors include:
– [Director 1 Name]
– [Director 2 Name]
Shareholder meetings shall take place annually, and notice must be provided at least [Number of Days] days prior to the meeting.
Distributions shall be paid in accordance with the Shareholder’s proportionate ownership of shares, and in line with applicable tax regulations.
This Agreement may only be modified or amended by a written document signed by the holders of a majority of the shares entitled to vote.
This Agreement shall be interpreted in accordance with the laws of [State].
[Signature of Shareholder 1]
[Name of Shareholder 1]
[Signature of Shareholder 2]
[Name of Shareholder 2]
Form
Please complete the form below to create the S Corp 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. S Corp Operating Agreement Template 1. Company Information 2. Shareholder Information 3. Purpose of the Corporation 4. Duration of the Corporation 5. Management Structure 6. Voting Rights and Decision-Making 7. Distributions and Allocations 8. Restrictions on Transfer of Shares 9. Indemnification of Directors and Officers 10. Amendments to the Agreement 11. Signatures and Acceptance 12. Declaration and Signatures
PDF
WORD
S Corp Operating Agreement Template Printable | Editable FormPrintable
