Operating Agreement Llc Texas Template UK

The Operating Agreement LLC Texas Template UK is offered in multiple formats, including PDF, Word, and Google Docs, and features customizable and printable examples.


Sample

Operating Agreement Llc Texas Template UK

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Operating Agreement LLC Texas Template UK

1. Company Information


2. Member Information


3. Purpose of the LLC

4. Formation and Duration

5. Member Contributions

6. Profit and Loss Distribution

7. Management Structure

8. Voting Rights

9. Indemnification

10. Amendment Procedures

11. Dissolution Procedures

12. Signatures and Agreement

13. Member Declarations




PDF


WORD

Examples


Operating Agreement LLC Texas Template (1)
Article I: Formation
This Limited Liability Company (“Company”) was formed on [Formation Date] in the State of Texas.
Article II: Company Name
The name of the Company is [Name of the LLC].
Article III: Purpose
The purpose of the Company is to engage in any lawful activity permitted under the laws of the State of Texas.
Article IV: Principal Office
The principal office of the Company is located at [Company Address].
Article V: Members
The Members of the Company are as follows:
[Name of Member 1], [Address of Member 1], [Percentage of Membership]
[Name of Member 2], [Address of Member 2], [Percentage of Membership]
Article VI: Management
The management of the Company shall be vested in its Members. The Members shall have full authority to manage and control the business and affairs of the Company.
Article VII: Contribution of Members
Each Member shall contribute to the capital of the Company as follows:
[Member Name], [Capital Contribution Details]
Article VIII: Distributions
Distributions of profits and losses shall be made to the Members in proportion to their respective Membership Percentages.
Article IX: Amendment
This Operating Agreement may be amended only by a written agreement signed by all Members.
Executed on [Date] in [City], Texas.
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Operating Agreement LLC Texas Template (2)
Article I: Name and Principal Office
The name of the Limited Liability Company is [Name of LLC] and its principal office shall be located at [Company Address].
Article II: Purpose
The purpose of the Company is to conduct any lawful business in accordance with the Texas Business Organizations Code.
Article III: Members
The Members of the Company are:
[Member Name 1], [Address 1], [Ownership Percentage 1]
[Member Name 2], [Address 2], [Ownership Percentage 2]
Article IV: Management Structure
The Company shall be managed by the Members. Decisions shall be made by a majority vote of the Members.
Article V: Initial Contributions
Members shall make the following initial capital contributions:
[Member Name 1]: [Amount/Description]
[Member Name 2]: [Amount/Description]
Article VI: Profits, Losses, and Distributions
Profits and losses shall be allocated to the Members in proportion to their respective ownership percentages and distributions shall be made at the discretion of the Members.
Article VII: Indemnification
To the fullest extent permitted by law, the Company shall indemnify any Member against losses or damages incurred in connection with the Company.
Article VIII: Amendment of Agreement
Any amendment to this Operating Agreement shall require the unanimous consent of all Members and must be documented in writing.
Executed in [City], Texas on [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

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Operating Agreement Llc Texas Template UK