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LLC Operating Agreement

$497.00
Description
This agreement is essential for your limited liability company (LLC). Here’s why: An operating agreement will establish and protect the folks in business with you. When it comes to the question marks in life (and business), this document will spell everything out in the clearest terms possible. This agreement will help you outline expectations in a variety of circumstances that may arise in your business: What happens if your business partner wants to pursue new opportunities? Can you buy out their share of the business? What needs to happen if someone needs to take a leave of absence like maternity leave or disability? Who’s responsible for what? These are the questions that an LLC Operating Agreement will help you answer. If you’ve got partners, investors, or co-owners, this agreement is a must!
How It Works

You’ll get instant access to this digital download as a PDF containing a link to a Google Doc, which you can copy or download and easily customize to suit your brand. In addition, you’ll receive attorney-approved instructions on how to put this contract into practice.

Clauses Included

Names of Parties to the Agreement
Identification of All Members
Company Information
Purpose of Company
Principal Place of Business
Registered Office and Agent
Term
Members’ Information
Ownership Interest
Capital Contributions
Capital Accounts
Management
Transferring Ownership Interest
Voting
Actions Requiring Unanimous Consent
Compensation and Reimbursement
Allocation
Distribution of Net Profits
Distribution of Net Loss
Distributions to Satisfy Taxes
Additional Distributions
Record Keeping
Reporting to Members
Tax Return
Tax Matters Representative
Dissolution
Dissociation
Withdrawal
Expulsion
Dissolution Causing Liquidation
In-Kind Property Distribution
Negative Capital Accounts
No Obligation to Indemnify
Limited Liability
Governing Law
Binding Effect
Litigation Expenses
Counterparts
Severability
No-Third-Party Beneficiaries
Signature Blocks

Noteworthy Features

–Instant access to your template in Google Doc format
–Free lifetime updates
–Simple, fill in the blank customization
–Access to a private Facebook Group for personalized support
–Detailed, easy instructions to implement your new document: Just copy and paste!
–Mumbo-jumbo free: Legal language you can actually understand.
–The most detailed, legal material on the market, tailor-made for your niche
–Peace of Mind Guarantee: Every template, document, and business tool was crafted by The Artists’ Lawyer: Magi Fisher, Esq., a licensed attorney and seasoned entrepreneur. Our offerings are tailored to your business and the unique needs of your industry. Long story short: We’d never sell anything we wouldn’t use ourselves (and depending on the template, there’s a good chance we have!).

LLC Operating Agreement

$497.00

Your purchase supports the environment.

As a One Percent For the Planet member, The Artists' Lawyer stands for small business, creativity, AND environmentalism. Through our 1% for the Planet partnership, we give back 1% of all profits to environmental organizations. Our digital shop reflects our ethos: accessible, sustainable, and forward-thinking. Opting for our contract templates that are optimized for digital use isn't just a win for your business, it's a nod to environmental responsibility. Every choice counts and every action has impact, even something as (seemingly) small as your business contract.

It's as easy as 1, 2, 3!
Purchase

Download your document directly after purchasing from the confirmation email in your inbox.

Customize

(It's Easy!)

It couldn’t be easier! Just switch out the highlighted content for your own business name and particulars.

Implement

Simply save in your system and send. Congratulations creative, you can breathe a sigh of relief!

Meticulous + Methodical

Crafted with a thorough understanding of both law and your specific field, Magi’s contracts and business tools are a necessary framework for any entrepreneur.

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Easily Customizable

Designed specifically for your business, these detailed blueprints can be customized to fit your needs with just a few minor tweaks.

Clear + Simple

Free of confusing jargon and unnecessary legal language, Magi’s documents are straightforward and easy to follow for both you and your clients.

For Life

No need to worry about legal documentation ever again. These agreements serve your business for life with access to the latest version whenever you need it.

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Free Resources, Just For You

With hundreds of resources claiming to improve your daily workflow, deciding on the right one to follow can be a daunting (and often costly) task. Simplify your operation with my favorite tools and takeaways for entrepreneurs.

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REFUND POLICY
Due to the digital nature of the product(s), all sales are final and non-refundable. If you have any questions, please contact us at shop@theartistslawyer.com prior to making your purchase.

DISCLAIMER
As The Artists’ Lawyer, I’m happy to share my resources, templates, and legal know-how. I am an attorney, but I’m not your attorney. No attorney-client relationship is formed unless a legal service agreement is signed between you and our sister company, East and Bay Law. 

The contracts, legal tools, and templates available for purchase in our store are drafted in accordance with contract principles in the United States. They are not state specific. Please make the most of the highlighted, customizable sections in your template to align with your business and the laws in your state. You can make these revisions on your own, but when in doubt, contact a licensed attorney in your state to assist you with the changes. 

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