Operating Agreement Llc Template UK

The Operating Agreement LLC Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring editable and printable versions for your convenience.


Sample

Operating Agreement Llc Template UK

Editable – Printable



Operating Agreement LLC Template UK

1. Company Information


2. Member Information


3. Purpose of the LLC

4. Duration of the LLC

5. Member Contributions

6. Allocation of Profits and Losses

7. Management Structure

8. Meetings of Members

9. Indemnification of Members

10. Amendments to the Agreement

11. Severability Clause

12. Signatures and Consent




PDF


WORD

Examples


Operating Agreement LLC Template UK (1)
Between:
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
[Member 2’s Phone]
[Member 2’s Email]
Introduction:
This Operating Agreement outlines the governance structure, responsibilities, and operational procedures for [Name of LLC], commencing on [Start Date].
Article 1: Formation
The Members hereby form a Limited Liability Company under the name [Name of LLC] pursuant to the laws of [Jurisdiction, e.g., England and Wales].
Article 2: Purpose
The purpose of the LLC is to engage in [Brief Description of Business Activities] and any other lawful activities as permitted by law.
Article 3: Membership Interests
The Members shall hold the following percentage interests in the LLC:
– [Name of Member 1]: [Percentage]%
– [Name of Member 2]: [Percentage]%
Article 4: Management
The LLC will be managed by its Members, who shall have equal authority in all LLC matters unless otherwise agreed.
Article 5: Distributions
Distributions of profit and loss will be allocated according to the Members’ respective percentage interests.
Article 6: Meetings
Meetings shall be held at least [Frequency, e.g., annually], and special meetings may be called by any Member.
Article 7: Indemnification
The LLC shall indemnify its Members against any losses or liabilities incurred in connection with the LLC, except in cases of gross negligence or willful misconduct.
Article 8: Amendments
This Agreement may be amended only by a written agreement signed by all Members.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Operating Agreement LLC Template UK (2)
Between:
[Name of the Member 1]
[Member 1’s ID]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of the Member 2]
[Member 2’s ID]
[Member 2’s Address]
[Member 2’s Phone]
[Member 2’s Email]
Introduction:
This Operating Agreement is established for [Name of LLC] to define the rights and responsibilities of the Members, commencing on [Start Date].
Article 1: Formation
The Members establish [Name of LLC] under the applicable laws and regulations of [Jurisdiction, e.g., England and Wales].
Article 2: Business Purpose
The LLC is formed for the purpose of conducting [Describe the nature of the business and any related activities].
Article 3: Member Contributions
The Members initial contributions shall be as follows:
– [Name of Member 1]: [Amount] GBP
– [Name of Member 2]: [Amount] GBP
Article 4: Management Structure
The LLC shall be managed by [Manager/Member], who shall be responsible for the day-to-day operations of the business.
Article 5: Profit Distribution
Profits will be distributed according to the Members’ ownership percentages, subject to the provisions outlined in this Agreement.
Article 6: Regular Meetings
Regular meetings will be held [Frequency, e.g., quarterly], and will be scheduled by [Name of Member/Manager].
Article 7: Liability Protection
Members shall not be personally liable for the debts and liabilities of the LLC beyond their capital contributions.
Article 8: Amendment Procedures
Any amendments to this Agreement require the consent of [Number] of the Members.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Printable



Operating Agreement Llc Template UK