Operating Agreement Llc Florida Template

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Operating Agreement LLC Florida Template

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Operating Agreement LLC Florida Template (1)
Between:
[Name of the Member 1]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of the Member 2]
[Member 2’s Address]
[Member 2’s Phone]
Introduction:
This Operating Agreement is entered into as of [Effective Date], to govern the operations and management of [Name of LLC], a Florida Limited Liability Company.
Article I: Formation
The Members hereby form a Limited Liability Company under the laws of the State of Florida.
Article II: Name
The name of the LLC shall be [Name of LLC].
Article III: Purpose
The purpose of the LLC is to engage in any lawful activity permitted under Florida law.
Article IV: Principal Office
The principal office of the LLC shall be located at [Address of Principal Office].
Article V: Members
The initial Members of the LLC are as follows:
1. [Name of Member 1] – [Percentage Ownership]
2. [Name of Member 2] – [Percentage Ownership]
Article VI: Management
The management of the LLC shall be vested in the Members. Decisions shall be made by a majority vote of the Members.
Article VII: Capital Contributions
Each Member shall contribute capital to the LLC as follows:
[Member 1 Name]: [Amount]
[Member 2 Name]: [Amount]
Article VIII: Distributions
Distributions of cash or other assets shall be made to the Members in proportion to their respective ownership percentages.
Article IX: Indemnification
The LLC shall indemnify any Member against expenses and liabilities incurred in the course of the LLC’s business provided that the Member acted in good faith.
Article X: Amendments
This Operating Agreement may be amended only by a written agreement signed by all Members.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Operating Agreement LLC Florida Template (2)
Between:
[Name of Member 1]
[Member 1’s Address]
[Member 1’s Phone]
[Member 1’s Email]
And:
[Name of Member 2]
[Member 2’s Address]
[Member 2’s Phone]
Introduction:
This Operating Agreement is hereby executed as of [Effective Date] to outline the management and operational directives of [Name of LLC], a Limited Liability Company established in the state of Florida.
Article I: Formation of the LLC
This LLC is formed in accordance with the Florida Limited Liability Company Act.
Article II: LLC Name
The legal name of the LLC shall be [Name of LLC] and its principal place of business shall be located at [Business Address].
Article III: Purpose of the LLC
The LLC is formed for the purpose of [Detailed Purpose of the LLC].
Article IV: Member Roles
The Members’ roles and responsibilities are as follows:
– [Member 1 Name]: [Role/Responsibilities]
– [Member 2 Name]: [Role/Responsibilities]
Article V: Financial Contributions
Members shall make initial capital contributions as follows:
– [Member 1 Name]: [Amount]
– [Member 2 Name]: [Amount]
Article VI: Distributions of Profits
Profits and losses shall be allocated to Members in accordance with their percentage interest in the LLC.
Article VII: Decision Making
Decisions shall be made based on [Specify the voting process or majority rules].
Article VIII: Records
The LLC shall maintain complete and accurate records of all transactions and meetings of the Members.
Article IX: Indemnity
Members shall be indemnified against any claims related to the LLC’s activities, except in cases of gross negligence or willful misconduct.
Article X: Amendments and Modifications
This Operating Agreement may be modified only by mutual consent in writing by all Members.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Form

Please complete the form below to create the Operating Agreement LLC Florida Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Operating Agreement LLC Florida Template

1. LLC Information

2. Member Information


3. Purpose of the LLC

4. Management Structure


If managed by managers, please provide the names of the designated managers:

5. Capital Contributions

6. Profit and Loss Allocation

7. Distributions

8. Meetings

9. Record Keeping

10. Indemnification

11. Amendment of Agreement

12. Signatures and Acceptance

13. Declaration and Signatures



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Operating Agreement LLC Florida Template

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Operating Agreement Llc Florida Template