Bylaws Operating Agreement Template

You can open the Bylaws Operating Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Bylaws Operating Agreement Template

Printable | Editable Form




Bylaws Operating Agreement Template (1)
Between:
[Name of the Company]
[Company’s ID]
[Company’s Address]
[Company’s Phone]
[Company’s Email]
And:
[Name of the Member]
[Member’s ID]
[Member’s Address]
Introduction:
This document establishes the operating agreement of [Company Name], effective as of [Effective Date], to outline the governance and operational procedures of the company.
Article 1: Formation
The Company was formed as a [Type of Entity] under the laws of [State/Country] on [Formation Date].
Article 2: Purpose
The purpose of the Company is to engage in [Describe purpose and business activities].
Article 3: Members
The members of the Company are as follows:
[List each member, including name, address, and ownership percentage].
Article 4: Management
The management of the Company shall be vested in its members, who will make decisions by majority vote unless otherwise specified.
Article 5: Capital Contributions
Each member shall make capital contributions as follows:
[Specify contributions, how they are valued, and any requirements for additional contributions].
Article 6: Distributions
Distributions of profits and losses will be made to the members in proportion to their ownership interests in the Company.
Article 7: Meetings
Regular meetings will be held [Specify frequency and notice requirements]; special meetings may be called by any member.
Article 8: Indemnification
Each member shall be indemnified to the fullest extent permitted by the law against claims related to Company activities, provided there is no gross negligence or wrongful conduct.
Article 9: Amendment
This operating agreement may be amended only by a written agreement signed by all members.
Signed in [City], [Date].
Sincerely,
[Signature of the Member]
[Name of the Member]
Bylaws Operating Agreement Template (2)
Between:
[Name of the Company]
[Company’s ID]
[Company’s Address]
[Company’s Phone]
[Company’s Email]
And:
[Name of the Member]
[Member’s ID]
[Member’s Address]
Introduction:
This operating agreement outlines the bylaws governing the operations of [Company Name], established on [Effective Date].
Article 1: Company Name
The official name of the Company is [Company Name].
Article 2: Registered Office
The principal office of the Company shall be located at [Office Address].
Article 3: Member Contributions
Each member will contribute the following capital:
[Detail contributions associated with each member].
Article 4: Decision Making
Decisions shall be made through a voting process, where each member has votes proportionate to their ownership interest.
Article 5: Fiscal Matters
The fiscal year of the Company shall end on the 31st day of December each year.
Article 6: Accounting
The Company shall maintain its books and records in accordance with generally accepted accounting principles.
Article 7: Withdrawal or Removal of Members
The procedure for a member’s withdrawal or removal shall be as follows:
[Outline procedures and conditions].
Article 8: Governing Law
This agreement will be governed in accordance with the laws of [State/Country].
Article 9: Miscellaneous Provisions
This agreement constitutes the entire agreement among the members and supersedes all prior negotiations and agreements.
This agreement may be executed in counterparts.
Signed in [City], [Date].
Sincerely,
[Signature of the Member]
[Name of the Member]

Form

Please complete the form below to create the Bylaws 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.

Bylaws Operating Agreement Template

1. Company Information


2. Member Information


3. Purpose of the Company

4. Governance Structure

5. Management Responsibilities

6. Distribution of Profits and Losses

7. Meetings

8. Amendment Procedure

9. Indemnification

10. Signatures and Acceptance

11. Member Declaration and Signatures



PDF


WORD

Printable

Bylaws Operating Agreement Template

Printable | Editable Form




Bylaws Operating Agreement Template