Washington Llc Operating Agreement Template

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Washington LLC Operating Agreement Template

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Washington LLC Operating Agreement Template (1)
Effective Date:
[Effective Date]
Company Name:
[Name of the LLC]
Address:
[Principal Office Address]
Members:
[List of Members and Addresses]
Article I: Formation
This LLC Operating Agreement is established in accordance with the Washington Limited Liability Company Act.
Article II: Purpose
The purpose of this company is to engage in any lawful business activity permitted under the laws of the State of Washington.
Article III: Management
The management of the LLC shall be vested in its Members according to the terms set forth herein.
Article IV: Capital Contributions
The Members shall contribute the following capital: [Specify capital contributions of each Member].
Article V: Distributions
Distributions of profits and losses shall be allocated to the Members in proportion to their respective percentage interests as follows: [Specify distribution terms].
Article VI: Meetings
Regular meetings of the Members shall be held annually, and special meetings may be called as needed with proper notice to all Members.
Article VII: Indemnification
The LLC shall indemnify Members and Managers to the fullest extent permitted by law against any and all expenses and liabilities incurred in connection with the LLC.
Article VIII: Amendments
This Operating Agreement may be amended only by a written agreement signed by all Members.
Signed in [City], Washington, on [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Washington LLC Operating Agreement Template (2)
Effective Date:
[Effective Date]
Company Name:
[Name of the LLC]
Principal Office:
[Principal Office Address]
Members:
[Names and Addresses of all Members]
Article I: Formation
This LLC is formed under the Washington Limited Liability Company Act, with the intent to conduct lawful business.
Article II: Purpose
The LLC is organized for the purpose of [Specify business purpose] and shall have all powers necessary to carry out said purpose.
Article III: Management Structure
The LLC will be managed by its Members, unless otherwise decided by the Members in writing.
Article IV: Capital Contributions
Each Member shall make the initial capital contributions as follows: [List contributions].
Article V: Profit and Loss Allocation
The allocation of profits and losses shall be based on each Member’s percentage of ownership as detailed here: [Specify allocation].
Article VI: Meetings and Voting
Meetings of the Members will be conducted at a location chosen by the Members and voting rights shall be based on ownership percentages.
Article VII: Indemnification of Members
Members party to this agreement shall be indemnified against any and all claims arising out of the operation of the LLC, as permitted by law.
Article VIII: Amendments Procedure
Any amendments to this Operating Agreement must be documented in writing and signed by all Members for validity.
Dated in [City], Washington, this [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Form

Please complete the form below to create the Washington LLC Operating Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Washington LLC Operating Agreement Template

1. Company Information


2. Member Information


3. Purpose of the LLC

4. Management Structure

5. Initial Capital Contributions

6. Allocation of Profits and Losses

7. Distributions

8. Meetings and Voting

9. Amendment Procedures

10. Indemnification

11. Miscellaneous Provisions

12. Signatures and Acceptance

13. Declaration and Signatures



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Washington LLC Operating Agreement Template

Printable | Editable Form




Washington Llc Operating Agreement Template