You can open the LLC Membership Admission Agreement Template in multiple formats, including PDF, Word, and Google Docs.
LLC Membership Admission Agreement Template Printable | Editable FormSample
[Name of New Member]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
[Name of LLC]
[LLC’s ID]
[LLC’s Address]
This LLC Membership Admission Agreement is entered into as of [Effective Date] to outline the terms under which the new member is admitted into [Name of LLC].
The New Member is hereby admitted as a member of [Name of LLC] upon execution of this Agreement and the payment of the initial capital contribution of [Amount] within [Specify timeframe].
The New Member agrees to contribute the amount of [Amount] to the LLC, and acknowledges that this contribution reflects their ownership interest as [Percentage]% in the LLC.
The New Member shall have all rights, responsibilities, and obligations as defined in the Operating Agreement of [Name of LLC], including but not limited to voting rights and profit-sharing ratios.
The LLC agrees to indemnify and hold harmless the New Member from any claims, losses, or expenses arising from their role as a member, provided such indemnification is not due to gross negligence or willful misconduct by the New Member.
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
[Signature of the New Member]
[Name of the New Member]
[Signature of Manager or Existing Member]
[Name of Manager or Existing Member]
[Name of New Member]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
[Name of LLC]
[LLC’s ID]
[LLC’s Address]
This agreement outlines the terms for the admission of [Name of New Member] as a member of [Name of LLC], effective as of [Effective Date].
The New Member shall acquire a [Percentage]% membership interest in the LLC, subject to the terms of this Agreement.
The New Member’s initial capital contribution of [Amount] is due on or before [Due Date], which shall be made payable to [Name of LLC].
The New Member shall enjoy the benefits of membership, which includes voting rights proportional to their membership interest as defined in the Operating Agreement.
The New Member may withdraw from the LLC under conditions outlined in the Operating Agreement, subject to any necessary conditions for withdrawal.
Any amendments to this Agreement must be made in writing and signed by both parties, as well as in accordance with the Operating Agreement requirements.
[Signature of the New Member]
[Name of the New Member]
[Signature of Manager or Existing Member]
[Name of Manager or Existing Member]
Form
Please complete the form below to create the LLC Membership Admission Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. LLC Membership Admission Agreement Template 1. New Member Information 2. LLC Details 3. Purpose of Admission 4. Membership Interest 5. Rights and Obligations 6. Management Structure 7. Indemnification Clause 8. Amendment Procedures 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
LLC Membership Admission Agreement Template Printable | Editable FormPrintable
