LLC Ownership Percentage Agreement Template for Philippines

1. Foreign Ownership Provisions: Special provisions required when foreign members are involved, ensuring compliance with Philippine foreign ownership restrictions

2. Tag-Along Rights: Rights of minority members to join in the sale of ownership interests by majority members

3. Drag-Along Rights: Rights of majority members to force minority members to join in the sale of the company

4. Anti-Dilution Protection: Provisions protecting members from ownership dilution in future capital raises

5. Right of First Refusal: Procedure giving existing members priority in purchasing available ownership interests

6. Deadlock Resolution: Special procedures for resolving management deadlocks

7. Put and Call Options: Rights to force purchase or sale of ownership interests under specific circumstances

8. Special Voting Arrangements: Any specific voting arrangements for particular decisions or circumstances

1. Schedule A - Initial Ownership Structure: Detailed table showing initial ownership percentages and capital contributions of each member

2. Schedule B - Valuation Methodology: Agreed method for valuing ownership interests for future transfers or buyouts

3. Schedule C - Transfer Procedures: Detailed procedures and forms for executing ownership transfers

4. Schedule D - Voting Thresholds: List of decisions requiring different voting thresholds

5. Schedule E - Member Details: Complete information about each member including contact details and representatives

6. Appendix 1 - Corporation Documents: Copies of relevant corporate documents including SEC registration and licenses

7. Appendix 2 - Specimen Signature Cards: Authorized signatures of all members and their representatives

8. Appendix 3 - Required Forms: Standard forms for various procedures under the agreement (transfer notices, voting proxies, etc.)