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1. Parties: Identification of all members and managers
2. Background: Context and purpose of the LLC formation
3. Definitions: Key terms used throughout the agreement
4. Company Formation: Details of LLC establishment and purpose
5. Management Structure: Manager roles, responsibilities, and authority
6. Capital Contributions: Initial and additional capital requirements
7. Profit and Loss Distribution: Allocation of profits and losses
8. Voting Rights: Decision-making procedures and voting thresholds
9. Transfer of Interests: Rules for transferring membership interests
10. Dissolution: Procedures for company dissolution
1. Tax Provisions: Specific tax treatment preferences and arrangements for the LLC
2. International Operations: Rules and procedures for conducting business across multiple jurisdictions
3. Intellectual Property: Provisions governing IP ownership, licensing, and protection
4. Non-Compete Provisions: Restrictions on competitive activities and protection of business interests
1. Schedule of Members: List of all members and their capital contributions
2. Schedule of Managers: List of appointed managers and their roles
3. Initial Business Plan: Initial operating strategy and objectives
4. Voting Procedures: Detailed voting mechanisms and requirements
5. Financial Procedures: Detailed accounting and financial management procedures
Articles of Organization
Business Day
Capital Account
Capital Contribution
Company
Confidential Information
Default Event
Distributable Cash
Effective Date
Encumbrance
Financial Year
Initial Capital Contribution
Interest
LLC
Manager
Member
Membership Interest
Net Income
Net Loss
Operating Expenses
Percentage Interest
Person
Profits and Losses
Registered Office
Related Party
Reserved Matters
Special Resolution
Supermajority Vote
Tax
Transfer
Transferee
Transferor
Unit
Voting Rights
Capital Contributions
Management Structure
Voting Rights
Meetings
Distributions
Allocation of Profits and Losses
Transfer Restrictions
Withdrawal Rights
Additional Members
Confidentiality
Non-Competition
Intellectual Property
Books and Records
Tax Matters
Indemnification
Insurance
Dissolution and Liquidation
Dispute Resolution
Amendment Procedures
Notices
Assignment
Severability
Governing Law
Entire Agreement
Force Majeure
Termination
Member Death or Incapacity
Banking and Financial Matters
Compliance with Laws
Representations and Warranties
Reserved Matters
Deadlock Resolution
Tag-Along Rights
Drag-Along Rights
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