Sample Llc Operating Agreement Template

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Sample

LLC Operating Agreement Template

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Sample LLC Operating Agreement Template (1)
Between:
[Name of the Member]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
And:
[Name of the LLC]
[LLC’s ID]
[LLC’s Address]
Introduction:
This Operating Agreement (“Agreement”) is entered into as of [Date], by and between the members of [Name of the LLC] to govern the operations and management of the LLC.
Article I: Formation
The Members hereby form a Limited Liability Company (LLC) pursuant to the provisions of the [State] Limited Liability Company Act.
Article II: Purpose
The purpose of the LLC is to engage in any lawful business activity as allowed under the laws of the state.
Article III: Members and Capital Contributions
The Members contributions to the capital of the LLC are as follows: [List Member Names and their Capital Contributions].
Article IV: Management
The management of the LLC shall be vested in the Members. Decisions will be made by a majority vote of the Members.
Article V: Distributions
Distributions of profits and losses shall be allocated to the Members in proportion to their respective percentage interests in the LLC.
Article VI: Indemnification
The LLC shall indemnify each Member for any loss or damage incurred while acting on behalf of the LLC, provided such action was lawful and in good faith.
Article VII: Amendment
This Agreement may be amended only by a written agreement signed by all Members.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Sample LLC Operating Agreement Template (2)
Between:
[Name of the Member]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
And:
[Name of the LLC]
[LLC’s ID]
[LLC’s Address]
Introduction:
This Operating Agreement (“Agreement”) is established to outline the operational framework and responsibilities of the members of the LLC as of [Date].
Article I: Name of the LLC
The name of the Limited Liability Company is [Name of the LLC].
Article II: Principal Office
The principal office of the LLC shall be located at [Address].
Article III: Member’s Information
Each Member’s share and personal information are as follows: [List all Members with their details].
Article IV: Voting Rights
Each Member shall have voting rights proportional to their ownership interests in the LLC.
Article V: Profits and Losses
Profits and losses shall be allocated in accordance with Members’ percentage interests as recorded in this Agreement.
Article VI: Dissolution
The LLC may be dissolved upon the unanimous consent of the Members or as provided by law.
Article VII: Miscellaneous
This Agreement shall be governed by the laws of [State]. Any disputes shall be resolved through mediation and, if necessary, arbitration.
Signed in [City], [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 Sample 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.

Sample LLC Operating Agreement Template

1. Company Information


2. Member Information



3. Purpose of the LLC

4. Management Structure

5. Voting Rights

6. Distributions

7. Records Keeping

8. Indemnification

9. Amendment Procedures

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

LLC Operating Agreement Template

Printable | Editable Form




Sample Llc Operating Agreement Template