Llc Operating Agreement Template UK

The LLC Operating Agreement Template UK is available in multiple formats including PDF, Word, and Google Docs, offering both editable and printable samples for your convenience.


Sample

Llc Operating Agreement Template UK

Editable – Printable



LLC Operating Agreement Template UK

1. Company Information


2. Member Information


3. Purpose of the LLC

4. Management Structure

5. Voting Rights and Decision-Making

6. Distributions of Profits and Losses

7. Accounting and Records

8. Indemnification

9. Amendments to the Agreement

10. Dissolution of the LLC

11. Signatures and Agreement

12. Declaration and Signatures



PDF


WORD

Examples


LLC Operating Agreement Template UK (1)
Introduction:
This Operating Agreement (“Agreement”) is made effective as of [Effective Date], by and between the undersigned Members of [Name of the LLC], a Limited Liability Company organized under the laws of [Jurisdiction, e.g., England and Wales].
Clause 1: Formation
The Members hereby form a Limited Liability Company pursuant to the laws of [Jurisdiction], and agree that the LLC shall operate under the name [Name of the LLC].
Clause 2: Purpose
The purpose of the LLC is to conduct any lawful business as permitted by the laws of [Jurisdiction], including but not limited to [Specific Business Activities].
Clause 3: Members and Ownership
The Members of the LLC shall include:
[Name of Member 1] – [Percentage Ownership]
[Name of Member 2] – [Percentage Ownership]
[Name of Member 3] – [Percentage Ownership]
Clause 4: Management
The management of the LLC shall be vested in the Members, and the decisions shall be made by a majority vote unless otherwise specified in this Agreement.
Clause 5: Contributions
Each Member shall contribute to the capital of the LLC as follows:
[Member Name] – [Amount]
[Member Name] – [Amount]
Clause 6: Distributions
Profits and losses of the LLC shall be allocated to Members in accordance with their ownership interests, and distributions shall be made as determined by a majority vote of the Members.
Clause 7: Transfer of Membership Interests
A Member may not transfer their interest in the LLC without the prior written consent of the remaining Members, except as provided herein.
Clause 8: Dissolution
The LLC may be dissolved upon the unanimous consent of the Members or as otherwise required by law; upon dissolution, the assets will be distributed as per the ownership interests.
Clause 9: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
[Signature of Member 3]
[Name of Member 3]
LLC Operating Agreement Template UK (2)
Introduction:
This Limited Liability Company Operating Agreement sets the framework for the operation of [Name of the LLC], and outlines the rights and obligations of its Members as of [Effective Date].
Clause 1: Name and Principal Office
The name of this LLC is [Name of the LLC], and its principal office shall be located at [Office Address].
Clause 2: Business Purpose
The purpose of the LLC is to engage in [Description of Business Purpose, e.g., retail, consulting, etc.], and any other lawful business activities.
Clause 3: Members and Contributions
The Members of the LLC include:
[Name of Member 1] – [Initial Contribution]
[Name of Member 2] – [Initial Contribution]
Clause 4: Decision Making
All decisions regarding the management of the LLC shall require the consent of [Specify Voting Requirements, e.g., majority or unanimous].
Clause 5: Financial Matters
The LLC shall maintain its financial records and accounts, and shall designate a fiscal year ending on [Fiscal Year End Date].
Clause 6: Distributions to Members
Distributions to Members shall be made at the discretion of the Members in accordance with their respective ownership percentages.
Clause 7: Indemnification
The LLC shall indemnify its Members from any and all losses, liabilities, and legal expenses related to the LLC, except for those arising from gross negligence or willful misconduct.
Clause 8: Amendments
This Agreement may be amended only by a written agreement signed by all Members, providing clarity and revision to the operation of the LLC.
Clause 9: Governing Law
This Agreement shall be interpreted and governed according to the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

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Llc Operating Agreement Template UK