Wyoming Operating Agreement Template

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Sample

Wyoming Operating Agreement Template

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Wyoming Operating Agreement Template (1)
Company Name:
[Name of the LLC]
Principal Office:
[Address of the LLC]
Effective Date:
This Operating Agreement will be effective as of [Effective Date].
Article I: Formation
This Limited Liability Company (LLC) is formed under the laws of the State of Wyoming. The members hereby agree to the terms delineated in this agreement.
Article II: Purpose
The purpose of this LLC is to engage in any lawful business as permitted by the Wyoming Secretary of State.
Article III: Members
The names, addresses, and ownership percentages of the members are as follows:
[Member Name] – [Address] – [Ownership %]
Article IV: Management
The LLC will be managed by its members. Decisions regarding the operation of the LLC will require the consent of a majority of the members.
Article V: Capital Contributions
Each member shall make an initial capital contribution as follows:
[Member Name] – [Capital Contribution Amount]
Article VI: Distributions
Distributions of profits and losses will be made to the members in proportion to their respective ownership percentages.
Article VII: Indemnification
The LLC shall indemnify any member against any expenses or liabilities incurred, except in cases of gross negligence or willful misconduct.
Article VIII: 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]
Wyoming Operating Agreement Template (2)
Company Name:
[Name of the LLC]
Principal Office:
[Address of the LLC]
Purpose:
The LLC is formed to engage in business activities allowed under Wyoming law and to conduct any other lawful purpose deemed appropriate by the members.
Article I: Members
The members of the LLC are as follows:
[Member Name] – [Address] – [Ownership %]
Article II: Management Structure
The LLC shall be managed by its members; however, the members may designate a manager if agreed upon.
Article III: Contributions
Each member agrees to contribute the following to the LLC:
[Member Name] – [Contribution Details]
Article IV: Profit and Loss Allocation
Profits and losses shall be allocated to members in accordance with their ownership percentages unless otherwise agreed.
Article V: Transfer of Membership Interests
No member may transfer their membership interest without the written consent of the other members.
Article VI: Records and Accounting
The LLC will maintain complete and accurate records of the accounts and activities of the LLC, with books kept at its principal office.
Article VII: Indemnification and Liability
Members shall not be personally liable for the debts or liabilities of the LLC beyond their capital contributions.
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 Wyoming 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.

Wyoming Operating Agreement Template

1. Company Information


2. Member Information


3. Management Structure

4. Purpose of the Company

5. Voting Rights and Restrictions

6. Distributions

7. Indemnification

8. Amendments and Modifications

9. Miscellaneous Provisions

10. Signatures and Acceptance

11. Declaration and Signatures



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Printable

Wyoming Operating Agreement Template

Printable | Editable Form




Wyoming Operating Agreement Template