Limited Liability Company Operating Agreement Template

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


Sample

Limited Liability Company Operating Agreement Template

Printable | Editable Form




Limited Liability Company Operating Agreement Template (1)
Article I: Formation
This Limited Liability Company (“Company”) is formed pursuant to the laws of the state of [State], effective as of [Date of Formation].
Article II: Name
The name of the Company is [Name of the Company].
Article III: Purpose
The purpose of the Company is to engage in any lawful business activity as permitted by the laws of [State].
Article IV: Principal Office
The principal office of the Company shall be located at [Address].
Article V: Members
The Members of the Company are:
[Name of Member 1], [Address], [Ownership Percentage]
[Name of Member 2], [Address], [Ownership Percentage]
Article VI: Management
The Company shall be managed by its Members. Decisions shall be made by a majority vote of the Members.
Article VII: Capital Contributions
Each Member shall contribute the following capital: [Specify contributions].
Article VIII: Profits and Losses
Profits and losses shall be allocated to Members in proportion to their respective ownership percentages.
Article IX: Distributions
Distributions shall be made at the discretion of the Members based on available cash and business needs.
Article X: Termination
The Company may be dissolved upon the consensus of the Members or in accordance with state law.
Executed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Limited Liability Company Operating Agreement Template (2)
Article I: Formation
This Operating Agreement (“Agreement”) is made effective as of [Date], by and among the Members listed below in accordance with the laws of the state of [State].
Article II: Company Name
The name of the Limited Liability Company is [Name of the Company].
Article III: Purpose
The purpose of this Company is to conduct any lawful business as permitted by [State].
Article IV: Registered Office
The registered office for the Company shall be established at [Address].
Article V: Membership Interests
Members of the Company and their respective ownership interests are as follows:
[Name of Member 1], [Address], [Percentage]%
[Name of Member 2], [Address], [Percentage]%
[Additional Members as necessary]
Article VI: Management Structure
The management of the Company shall be vested in the Members in accordance with their respective ownership interests.
Article VII: Capital Contributions and Ownership
Each Member agrees to contribute capital to the Company as follows: [Detail contributions].
Article VIII: Allocation of Profits
Profits, losses, and distributions are to be allocated among the Members in proportion to their respective membership interests.
Article IX: Distributions of Cash
Distributions to Members will be made at the discretion of the Members based on Company performance.
Article X: Dissolution
The Company may be dissolved if agreed upon by all Members or in accordance with the governing laws of [State].
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 Limited Liability Company 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.

Limited Liability Company Operating Agreement Template

1. Company Information


2. Member Information



3. Purpose of the Company

4. Management Structure

5. Voting Rights

6. Distributions

7. Indemnification

8. Amendment Procedures

9. Miscellaneous Provisions

10. Signatures of Members




PDF


WORD

Printable

Limited Liability Company Operating Agreement Template

Printable | Editable Form




Limited Liability Company Operating Agreement Template