You can open the Multi Member LLC Operating Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Multi Member LLC Operating Agreement Template Printable | Editable FormSample
[Name of Member 1]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
[Name of Member 2]
[Member 2’s Address]
[Member 2’s Phone]
[Member 2’s Email]
This Operating Agreement is made to set forth the terms and conditions governing the operation of the Multi Member Limited Liability Company (the “Company”) formed in accordance with the laws of [State].
The Members hereby agree to establish a Limited Liability Company under the name [LLC Name], effective as of [Formation Date].
The purpose of the Company is to engage in any lawful business activities as permitted by the State of [State] and to perform any other activities permitted by law.
The Members of the Company and their respective initial capital contributions are as follows:
[Member 1 Name]: [Contribution Amount]
[Member 2 Name]: [Contribution Amount].
The management of the Company shall be vested in its Members. Decisions shall be made by a simple majority unless otherwise stated in this Agreement.
Profits and losses shall be allocated to the Members in proportion to their respective ownership interests in the Company, as set forth in Exhibit A.
Distributions of cash or other property shall be made to the Members at the times and in the amounts determined by the Members in accordance with their ownership percentages.
The Company shall indemnify each Member against any losses, expenses, or liabilities incurred in connection with the Company, to the fullest extent provided by law.
This Agreement may be amended only by a written agreement signed by all Members.
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
[Name of Member 1]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
[Name of Member 2]
[Member 2’s Address]
[Member 2’s Phone]
[Member 2’s Email]
[Name of Member 3]
[Member 3’s Address]
[Member 3’s Phone]
[Member 3’s Email]
This Operating Agreement outlines the governance and operational structure of [LLC Name], a Multi Member LLC organized in the State of [State]. This Agreement is effective as of [Formation Date].
The name of the Company shall be [LLC Name]. The principal office of the Company shall be located at [Company Address].
The Company is formed for the purpose of conducting any lawful business permitted by the laws of the State of [State].
The Members hereby agree to the following ownership interests: [Member 1 Name] – [Ownership Percentage], [Member 2 Name] – [Ownership Percentage], [Member 3 Name] – [Ownership Percentage].
The Company shall be managed by its Members. Any decisions regarding the Company shall require the consent of the Members holding a majority of the ownership interests.
Profits and losses shall be allocated to Members in accordance with their respect ownership percentages, as detailed in Exhibit A.
Distributions to Members shall be made at times and amounts determined by the Members based on their ownership interests.
To the fullest extent permitted by law, the Company shall indemnify, defend, and hold harmless each Member from any claims, liabilities, or costs incurred in connection with the Company.
This Agreement may be amended only with the written consent of all Members.
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
[Signature of Member 3]
[Name of Member 3]
Form
Please complete the form below to create the Multi Member 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. Multi Member LLC Operating Agreement Template 1. LLC Information 2. Member Information 3. Purpose of the LLC 4. Capital Contributions 5. Profits and Losses Distribution 6. Management of the LLC 7. Member Voting Rights 8. Indemnification Clause 9. Amendment Procedures 10. Miscellaneous Provisions 11. Signatures and Acceptance 12. Declaration and Signatures
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WORD
Multi Member LLC Operating Agreement Template Printable | Editable FormPrintable
