Operating Agreement Llc California Template

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Operating Agreement LLC California Template

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Operating Agreement LLC California Template (1)
Article I: Formation
This Limited Liability Company (“LLC”) is formed under the laws of the State of California pursuant to the California Revised Uniform Limited Liability Company Act.
Article II: Name
The name of the LLC is [Name of the LLC].
Article III: Principal Office
The principal office of the LLC is located at [Address of the LLC].
Article IV: Purpose
The purpose of the LLC is to engage in any lawful business activity within the State of California.
Article V: Members
The LLC shall have the following members:
1. [Member Name, Address, and Ownership Percentage]
2. [Member Name, Address, and Ownership Percentage]
Article VI: Management
The LLC will be managed by its members. All decisions shall require a majority vote of the members.
Article VII: Capital Contributions
Members shall contribute capital as follows: [Detail capital contributions of each member].
Article VIII: Distributions
Distributions of profits and losses shall be allocated to members in proportion to their ownership percentage.
Article IX: Indemnification
The LLC shall indemnify members and managers to the fullest extent permissible by law.
Article X: Amendment
This Operating Agreement may be amended only with the written consent of all members.
Executed in [City], California, on [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Operating Agreement LLC California Template (2)
Article I: Organization
This Operating Agreement governs the formation and operation of [Name of the LLC] as a California LLC.
Article II: Duration
The duration of the LLC shall be perpetual unless terminated as provided herein.
Article III: Registered Agent
The registered agent for service of process is [Registered Agent Name and Address].
Article IV: Member Contributions
Each member shall contribute the following assets: [Detail contributions].
Article V: Voting Rights
Each member shall have voting rights in proportion to their ownership percentage.
Article VI: Accounting
The fiscal year of the LLC shall end on the 31st day of December.
Article VII: Transfer of Membership Interests
No member may transfer their membership interest without the consent of the other members.
Article VIII: Dissolution
The LLC may be dissolved upon the vote of the majority of the members or by operation of law.
Article IX: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of California.
Executed in [City], California, 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 California Template

1. LLC Information


2. Member Information


3. Purpose of the LLC

4. Management Structure

5. Voting Rights

6. Distributions of Profits and Losses

7. Admission of New Members

8. Buyout Provisions

9. Indemnification

10. Amendments

11. Signatures and Acceptance

12. Declaration and Signatures



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Operating Agreement LLC California Template

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Operating Agreement Llc California Template