Operating Agreement

OPERATING AGREEMENT

This Operating Agreement (“Agreement”) is entered into as of [Date], by and among and any other members identified herein (collectively, “Members”), for [Your Company Name], a [State] limited liability company (the "Company").

1. Formation

1.1 Company Name

The name of the Company shall be [Your Company Name].

1.2 Principal Office

The principal office of the Company shall be located at [Your Company Address].

1.3 Registered Agent

The registered agent for service of process is [Agent Name], located at [Agent Address].

1.4 Term

The duration of the Company shall be perpetual unless dissolved pursuant to the terms of this Agreement.

2. Purpose

The purpose of the Company is to engage in any lawful act or activity for which a limited liability company may be organized under the laws of the State of [State].

3. Members and Capital Contributions

3.1 Members

The Members of the Company are as listed below:

  • [Your Name]

  • [Member 2 Name]

3.2 Initial Capital Contributions

The Members have contributed the following amounts to the capital of the Company:

Member

Capital Contribution

[Your Name]

[Contribution Amount]

[Member Name 2]

[Contribution Amount]

4. Management

4.1 Management Structure

The management of the Company shall be vested in [Your Management Structure, e.g., "a Manager"] elected by the Members.

4.2 Meetings

Meetings of the Members shall be held at times and places as agreed to by the Members.

5. Distributions

Distributions of cash or other assets of the Company shall be allocated among the Members as decided by a majority vote.

6. Books and Records

The Company shall maintain complete and accurate books of account and records.

7. Dissolution and Winding Up

The Company shall be dissolved upon the occurrence of an event set forth in [Applicable State Statute], or as otherwise provided for in this Agreement.

8. Miscellaneous

8.1 Amendments

This Agreement may be amended only by a written agreement of all Members.

8.2 Governing Law

This Agreement shall be governed by the laws of the State of [State].

IN WITNESS WHEREOF, the parties hereto have executed this Operating Agreement as of the day and year first above written.

[Your Name]

Member

[Member 2 Name]

Member