Multi Member Operating Agreement Template for Indonesia

1. Foreign Investment Provisions: Required when there are foreign members, addressing compliance with Indonesian foreign investment laws

2. Intellectual Property Rights: Necessary when the company owns or develops significant IP assets

3. Non-Competition and Non-Solicitation: Added when members have competing business interests or access to sensitive information

4. Tag-Along and Drag-Along Rights: Important for companies planning future investment rounds or potential sale

5. Employee Matters: Required when members are also employees or when specific employment arrangements need to be addressed

6. Special Purpose Vehicle Provisions: Needed when the company is formed for a specific project or venture

7. Environmental Compliance: Required for businesses in sectors with environmental impact considerations

8. Related Party Transactions: Important when members have business relationships outside the company

1. Schedule A - Initial Capital Contributions: Detailed breakdown of each member's initial capital contributions and corresponding ownership percentages

2. Schedule B - Members Information: Complete details of all members including contact information and authorized representatives

3. Schedule C - Business Plan: Initial business plan and strategic objectives of the company

4. Schedule D - Management Structure: Organizational chart and detailed management responsibilities

5. Schedule E - Reserved Matters: List of decisions requiring special approval or voting thresholds

6. Schedule F - Company Assets: Inventory of company's initial assets and their agreed values

7. Appendix 1 - Meeting Procedures: Detailed procedures for conducting member and management meetings

8. Appendix 2 - Valuation Methods: Agreed methods for valuing company shares or member interests