Operating Agreement Template Incorporation

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Operating Agreement Template Incorporation

Printable | Editable Form




Operating Agreement Template Incorporation (1)
Between:
[Name of the Company]
[Company Registration Number]
[Company Address]
And:
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
Introduction:
This Operating Agreement is made as of [Effective Date] to govern the operation and management of [Name of the Company].
Article 1: Formation
The Members hereby form a limited liability company (the “Company”) under the laws of [State].
Article 2: Purpose
The purpose of the Company is to engage in any lawful activity as permitted under the laws of the state of [State].
Article 3: Members and Ownership Interests
The Members of the Company and their respective ownership interests are as follows:
[List Members and their Ownership Percentages].
Article 4: Management
The management of the Company shall be vested in its Members. Each Member shall have the authority to make decisions on behalf of the Company.
Article 5: Capital Contributions
Each Member shall make an initial capital contribution as follows:
[Detail contributions].
Article 6: Distributions
The profits and losses of the Company shall be allocated to the Members in proportion to their respective ownership interests.
Article 7: Indemnification
The Company shall indemnify any Member for actions taken in good faith on behalf of the Company.
Article 8: Amendments
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]
Operating Agreement Template Incorporation (2)
Between:
[Name of the Company]
[Company Registration Number]
[Company Address]
And:
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
And:
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
Introduction:
This Operating Agreement is established on [Effective Date] to officially govern the business practices and operations of [Name of the Company].
Article 1: Formation of Company
The Members hereby agree to form a limited liability company under the laws of [State].
Article 2: Business Purpose
The business purpose of the Company is to carry out any lawful activity permitted under the laws of [State].
Article 3: Membership Interests
The ownership interests of the Members are as follows:
[List Members and Ownership Percentages].
Article 4: Management Structure
The Company will be managed by its Members, allowing for equal authority among them in decision-making.
Article 5: Initial Contributions
The Members agree to make initial contributions as stated below:
[Detail contributions].
Article 6: Distribution of Profits
The profits and losses will be distributed to the Members in proportion to their respective ownership interests.
Article 7: Liability and Indemnity
The Company will indemnify each Member for actions taken in the best interests of the Company.
Article 8: Changes to the Agreement
No amendments shall be made to this Agreement except by written consent of all Members.
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 Operating Agreement Template for Incorporation. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Operating Agreement Template for Incorporation

1. Company Information


2. Member Information


3. Purpose of the LLC

4. Capital Contributions

5. Profit and Loss Allocation

6. Management Structure

7. Meetings and Voting

8. Indemnification

9. Amendments

10. Signatures and Acceptance

11. Declaration and Signatures




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WORD

Printable

Operating Agreement Template Incorporation

Printable | Editable Form




Operating Agreement Template Incorporation