Amended Operating Agreement Template

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Sample

Amended Operating Agreement Template

Printable | Editable Form




Amended Operating Agreement Template (1)
Between:
[Name of the Company]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
And:
[Name of Member 1]
[Member 1 ID]
[Member 1 Address]
And:
[Name of Member 2]
[Member 2 ID]
[Member 2 Address]
Introduction:
This Amended Operating Agreement is made effective as of [Effective Date], amending the original Operating Agreement dated [Original Agreement Date].
Clause 1: Purpose
The purpose of this amended agreement is to outline the management structure, operational guidelines, and ownership percentiles among members.
Clause 2: Membership Interests
The ownership percentages of the members are as follows: [Detail ownership percentages].
Clause 3: Management Structure
The management of the Company shall be vested in the members as follows: [Specify management roles and responsibilities].
Clause 4: Meetings and Voting
Meetings of the members shall be held at least [Frequency] and voting rights shall be allocated in accordance with ownership percentages.
Clause 5: Amendment Process
This agreement may be amended only by the written consent of all members.
Clause 6: Governing Law
This agreement shall be governed by the laws of [State/Country].
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Amended Operating Agreement Template (2)
Between:
[Name of the Company]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
And:
[Name of Member 1]
[Member 1 ID]
[Member 1 Address]
And:
[Name of Member 2]
[Member 2 ID]
[Member 2 Address]
Introduction:
This Amended Operating Agreement is crafted to ensure clarity and compliance with applicable laws as of [Effective Date], replacing the previous agreement dated [Original Agreement Date].
Clause 1: Overview of the Company
The Company is formed for the purpose of [Specify purpose] and shall engage in [Description of activities].
Clause 2: Capital Contributions
The members agree to contribute capital to the Company as follows: [Detail contributions].
Clause 3: Distributions
Profits and losses shall be allocated to members based on their respective ownership percentages as detailed in Clause 2.
Clause 4: Indemnification
The Company shall indemnify members for any liabilities incurred in good faith on behalf of the Company.
Clause 5: Dissolution
In the event of dissolution, assets will be distributed in accordance with the ownership percentages established in the previous clauses.
Clause 6: Governing Law
This agreement shall be interpreted and enforced under the laws of [State/Country].
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 Amended Operating Agreement Template. All fields must be filled out to ensure a clear and comprehensive agreement. We provide examples to guide you through each step.

Amended Operating Agreement Template

1. Company Information


2. Member Information


3. Amendment Purpose

4. Effective Date of Amendment

5. Description of Amendments

6. Voting Rights

7. Profit and Loss Distribution

8. Indemnification Clause

9. Miscellaneous Provisions

10. Signatures and Acceptance

11. Declaration and Signatures




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Printable

Amended Operating Agreement Template

Printable | Editable Form




Amended Operating Agreement Template