Amendment To Llc Operating Agreement Template

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Amendment To LLC Operating Agreement

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Amendment To LLC Operating Agreement Template (1)
Between:
[Name of the LLC]
[LLC’s ID]
[LLC’s Address]
[Contact Person’s Phone]
[Contact Person’s Email]
And:
[Name of the Members]
[Members’ IDs]
[Members’ Addresses]
Introduction:
This Amendment is made on [Amendment Date] to modify the Operating Agreement of [Name of the LLC], originally dated [Original Agreement Date], to incorporate additional provisions as mutually agreed upon by the parties.
Clause 1: Purpose of Amendment
The purpose of this Amendment is to: [Detail the specific reasons for the amendment, e.g., changes in management structure, addition of new members, modification of profit distribution, etc.].
Clause 2: Changes to the Operating Agreement
The following sections of the Operating Agreement are amended as follows:
[Section Number/Title]
[Describe the changes to this section in detail. Be specific about what is being added, removed, or modified.].
Clause 3: Member Contributions
The contributions of existing and new members shall be modified as follows:
[Detail the contribution amounts, terms, and any new obligations for members].
Clause 4: Voting Rights
The voting rights of the members shall now be defined as follows:
[Specify any changes to voting thresholds, rights of different classes of members, etc.].
Clause 5: Miscellaneous Provisions
This Amendment shall be governed by the laws of [Jurisdiction]. Inclusion of this Amendment into the Operating Agreement shall not affect any other terms or provisions which remain in full force and effect unless explicitly stated otherwise.
This Amendment is signed in [City], [Date].
Sincerely,
[Signature of the LLC Representative]
[Name of the LLC Representative]
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Amendment To LLC Operating Agreement Template (2)
Between:
[Name of the LLC]
[LLC’s ID]
[LLC’s Address]
[Contact Person’s Phone]
[Contact Person’s Email]
And:
[Name of the Members]
[Members’ IDs]
[Members’ Addresses]
Introduction:
This Amendment modifies the Operating Agreement of [Name of the LLC], dated [Original Agreement Date], to reflect changes in membership and operations as of [Amendment Date].
Clause 1: Addition of New Members
The membership of the LLC is amended to admit the following new members:
[List new members, their contributions, and any relevant details].
Clause 2: Changes in Management Structure
The management structure shall be reorganized as follows:
[Describe any changes in management roles, responsibilities, or appointment processes].
Clause 3: Profit and Loss Distribution
The distribution of profits and losses shall be modified as follows:
[Clearly specify new percentages or formulas for profit and loss allocation among members].
Clause 4: Indemnification Clause
The indemnification clause will now read:
[Include or modify the indemnification provisions for members or managers, as applicable].
Clause 5: Effectiveness
This Amendment shall be effective upon execution by all parties and shall become part of the Operating Agreement, superseding any conflicting provisions within it.
This Amendment is signed in [City], [Date].
Sincerely,
[Signature of the LLC Representative]
[Name of the LLC Representative]
[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 Amendment To LLC Operating Agreement Template. All fields must be filled out to ensure a clear and complete amendment. We provide examples to guide you through each step.

Amendment To LLC Operating Agreement Template

1. LLC Information


2. Amendment Purpose

3. Effective Date of Amendment

4. Amendment Details

5. Member Information
Member A


Member B


6. Additional Provisions

7. Consent of Members

8. Other Relevant Clauses

9. Signatures and Acceptance

10. Declaration and Signatures


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WORD

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Amendment To LLC Operating Agreement

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Amendment To Llc Operating Agreement Template