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1. Parties: Identifies the members of the LLC and their contact details
2. Background: Sets out the context and purpose for establishing the LLC
3. Definitions: Defines key terms used throughout the agreement
4. Company Formation: Details of company establishment and structure
5. Capital Contributions: Specifies initial and ongoing capital contributions
6. Membership Interests: Defines ownership percentages and voting rights
7. Management Structure: Outlines how the company will be managed
8. Decision Making: Procedures for company decisions and voting
9. Distributions: Rules for profit distribution
10. Transfer of Interests: Procedures for transferring ownership interests
1. Non-Compete Provisions: Restrictions on competitive activities - use when members may have competing business interests
2. Intellectual Property Rights: Ownership and protection of IP - use when the business involves significant IP assets
3. Additional Capital Calls: Procedures for requesting additional capital - use when future capital needs are anticipated
1. Schedule 1: Initial Capital Contributions: Detailed breakdown of members' initial investments
2. Schedule 2: Members' Contact Information: Complete contact details for all members
3. Schedule 3: Company Assets: List of company's initial assets
4. Appendix A: Business Plan: Initial business plan and projections
Articles of Association
Business
Business Day
Capital Account
Capital Contribution
Company
Companies Act
Confidential Information
Default Event
Directors
Effective Date
Encumbrance
Financial Year
Initial Capital Contribution
Intellectual Property Rights
Law
Members
Membership Interest
Operating Expenses
Percentage Interest
Person
Profits and Losses
Registered Office
Related Party
Reserved Matters
Share Capital
Territory
Transfer
Voting Rights
Capital Contributions
Members' Rights and Obligations
Management Structure
Decision Making
Meetings
Voting Rights
Profit Distribution
Capital Accounts
Transfer of Interests
Admission of New Members
Withdrawal and Termination
Death or Incapacity
Confidentiality
Non-Competition
Intellectual Property
Financial Records
Tax Matters
Dispute Resolution
Amendment Procedures
Dissolution
Indemnification
Force Majeure
Notices
Governing Law
Severability
Entire Agreement
Assignment
Third Party Rights
Further Assurance
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