Operating Agreement Form 1

Personal Details

First name

Last name

Phone

Business Details

What is the legal name of the business?

What is the purpose or nature of the business?

What is the business's principal address?

Ownership & Membership

Provide the following details for the first member of the company: Full name, address, partnership percentage, and title in the company.

Provide the following details for the second member of the company: Full name, address, partnership percentage, and title in the company.

Provide the following details for the third member of the company: Full name, address, partnership percentage, and title in the company.

Provide the following details for the fourth member of the company: Full name, address, partnership percentage, and title in the company.

Provide the following details for the fifth member of the company: Full name, address, partnership percentage, and title in the company.

Do any limitations exist regarding the transfer or sale of membership interests? If so, kindly elaborate.

Capital Contributions

How much initial capital will the first member contribute to the business? Please provide the following details for the first member of the company using the dollar format:

How much initial capital will the third member contribute to the business? Please provide the following details for the second member of the company using the dollar format:

How much initial capital will the fourth member contribute to the business? Please provide the following details for the second member of the company using the dollar format:

How much initial capital will the first member contribute to the business? Please provide the following details for the second member of the company using the dollar format:

How much initial capital will the fourth member contribute to the business? Please provide the following details for the second member of the company using the dollar format:

If you answered yes, explain how the additional contributions will be required in the future below.

If you answered other, let us know below.

MANAGEMENT & DECISION-MAKING

If you answered other, let us know below.

Name some decision-making process that will be followed for major business decisions? See some examples descriptions below.

Are there any specific limitations or conditions on management authority? If yes, explain.