LLC Operating Agreement Template for India

1. Foreign Investment Compliance: Required when LLC has foreign members or investments

2. Intellectual Property Rights: Needed when LLC owns or develops IP

3. Non-Compete Provisions: Used when members need to be restricted from competing activities

4. Tag-Along Rights: Protection for minority members in sale scenarios

5. Drag-Along Rights: Mechanism for forcing minority members to join in sale

6. Put and Call Options: Special rights for buying or selling membership interests

7. Employee Management: Required when LLC has employees

8. Branch Offices: Needed when LLC operates multiple locations

9. Special Purpose Vehicle Provisions: For LLCs formed for specific projects or ventures

1. Schedule A - Member Details: Complete information about members including contact details and initial capital contributions

2. Schedule B - Capital Structure: Detailed breakdown of capital contributions and ownership percentages

3. Schedule C - Business Plan: Initial business plan and operational strategy

4. Schedule D - Management Structure: Detailed organizational chart and management responsibilities

5. Schedule E - Initial Assets: List of assets contributed to the LLC at formation

6. Appendix 1 - Meeting Procedures: Detailed procedures for conducting meetings and maintaining minutes

7. Appendix 2 - Valuation Methods: Agreed methods for valuing LLC interests

8. Appendix 3 - Compliance Checklist: List of regulatory compliance requirements and deadlines