North Carolina Llc Operating Agreement Template

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North Carolina LLC Operating Agreement Template

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North Carolina LLC Operating Agreement Template (1)
This Operating Agreement is made and entered into as of:
[Effective Date]
By and Between:
[Name of the LLC]
[LLC’s Principal Office Address]
Members:
[Member 1 Name]
[Member 1 Address]
[Member 1 Contribution]

[Member 2 Name]
[Member 2 Address]
[Member 2 Contribution]
Article I: Formation
This LLC was formed under the laws of the State of North Carolina by filing Articles of Organization on [Filing Date].
Article II: Purpose
The purpose of the LLC is to engage in any lawful business activity in accordance with North Carolina law.
Article III: Management
The LLC will be managed by its Members. Decisions shall be made by a majority vote of the Members unless otherwise specified.
Article IV: Capital Contributions
Members shall make initial contributions as follows: [Detail contributions from each member].
Article V: Distributions
Profits and losses shall be allocated to Members in proportion to their respective percentage interests in the LLC.
Article VI: Meetings
Regular meetings of the Members shall be held at least annually at a time and place agreed upon by the Members.
Article VII: Indemnification
To the fullest extent permitted by North Carolina law, the LLC shall indemnify its Members against any expenses incurred in connection with the LLC.
Article VIII: Amendments
This Agreement may be amended only with the consent of all Members in writing.
IN WITNESS WHEREOF, the Members have executed this Operating Agreement as of the date first above written.
Signed:
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
North Carolina LLC Operating Agreement Template (2)
This Operating Agreement is entered into on:
[Effective Date]
By:
[Name of the LLC]
[LLC’s Principal Office Address]
And:
[Member Names and Addresses]
Article I: Formation of the LLC
The Members have formed a limited liability company (LLC) named [Name of LLC] in accordance with the North Carolina Limited Liability Company Act.
Article II: Purpose
The principal business purpose of the LLC is to conduct any lawful business and activities permitted in the state of North Carolina.
Article III: Management
The LLC shall be managed by its Members, with each Member having equal rights in the management and conduct of the LLC.
Article IV: Member Contributions
Initial contributions of Members are as follows: [List contributions]. Any additional contributions must be made upon unanimous approval of the Members.
Article V: Allocation of Profits and Losses
Profits and losses shall be allocated to each Member in accordance with their respective percentage interests as defined herein.
Article VI: Meetings and Voting
Regular meetings of the Members shall be held at least once per year, and special meetings may be called by any Member.
Article VII: Limitation of Liability
The Members shall not be personally liable for the debts or liabilities of the LLC beyond their respective capital contributions.
Article VIII: Amendments
The Agreement may only be amended through a written agreement signed by all Members.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first above written.
Signed:
[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 North Carolina 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.

North Carolina LLC Operating Agreement Template

1. LLC Information


2. Member Information


3. Agreement Purpose

4. Management Structure

5. Capital Contributions

6. Profits and Losses

7. Distributions

8. Meetings

9. Amendments

10. Indemnification

11. Governing Law

12. Signatures and Acceptance

13. Declaration and Signatures



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North Carolina LLC Operating Agreement Template

Printable | Editable Form




North Carolina Llc Operating Agreement Template