Disclaimer
The content provided is intended solely as a general example for informational purposes related to forming and managing a limited liability company in the United States. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in corporate or business law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.
Please note: This is a sample Operating Agreement for a U.S. LLC, provided for informational purposes only. Actual terms may vary based on specific legal requirements and member agreements.
Sample Operating Agreement for LLC (United States)
Introduction:
This Operating Agreement outlines the governance, management, and operational procedures of the LLC named _____ (hereafter referred to as “the Company”).
Members:
Member 1: ______________________
Address: ______________________
Member 2: ______________________
Address: ______________________
Purpose of the LLC:
The purpose of the Company is to engage in lawful business activities in the United States, including but not limited to ____.
Management and Voting:
The LLC shall be managed by its members. Decisions shall be made based on voting rights as specified herein, with each member holding ____% of voting interest unless otherwise agreed.
Capital Contributions:
Members shall contribute capital as follows: Member 1: $____; Member 2: $____. Additional contributions may be made upon mutual agreement.
Distribution of Profits and Losses:
Profits and losses shall be allocated in proportion to each member’s percentage interest in the LLC, unless otherwise stipulated.
Dissolution and Termination:
The LLC may be dissolved upon the decision of members holding ____% or more interest, or as otherwise provided herein. Distribution of assets shall follow applicable laws and member agreements.
Governing Law:
This agreement shall be governed by the laws of the State of _____.
Additional Provisions:
- Amendments to this agreement require written consent of all members.
- Members agree to abide by the operating procedures outlined herein.
- Any disputes will be resolved through binding arbitration or court proceedings in the specified jurisdiction.
[City], ______________________
Member 1 Signature
Member 2 Signature