Fill and Sign the Free Single Member Llc Operating Agreement Template Form

FL-00LLC-1 LLC SAMPLE OPERATING AGREEMENT This agreement is a sample operating agreement and should be modified to meet your needs. It provides for the LLC to be operated by one or more managers OR by the members. You will have to decide how you want your LLC to operate. Read carefully and make appropriate changes to suit your individual needs and purposes.
All of the following information must be completed: 1. Name of the LLC or its members 2. Name, address and telephone number for the LLC 3. Name, address and telephone number for each member 4. Maximum number of members, if any 5. Name of the owner's agent to act on the LLC's behalf 6. The number of days each member will be expected to be in business. 7. Maximum number of shares of capital stock registered in the name of the LLC or the members 8. Date of the last dividend, interest or sale of common stock 9. Shareholder's right to vote 10. Capitalization 11. Capitalization of each person who would be an officer or director. If you do not select a representative you are not required to include persons other than directors and officers as shareholders. 12. The members of the LLC must be willing to accept payment in shares for services performed by them. 13. When each member is called upon to perform business on behalf of the LLC, the terms and conditions of the principal's or agent's employment with the LLC, as well as the specific nature of the services to be performed will determine whether each of the foregoing is satisfied. 14. Any person who is not a member and who wishes to become a member will have to apply to the LLC. 15. If any member is appointed to one or more of the management positions, each member appointed must provide a signed acceptance of all the terms and conditions of service. This acceptance will be filed with the articles of organization. The terms of service for all service appointments include at least the termination date, the date of approval of the appointment and the effective date of the appointment. If the principal is removed from any of the management positions or a majority of the members resign, the member or persons so appointed will be removed from the LLC and replaced by a person who is qualified under the llc's bylaws. 16. The llc's articles of organization state that any member's election of officer or director is valid and binding for purposes of this document only. Neither the member, agent nor member's successor may act in a fiduciary capacity for the LLC without the consent of the llc's shareholders.<|endowment|>a long time ago in a galaxy far, far away, the great and powerful evil galactic empire had fallen. It was a glorious time to be alive. Everyone's lives seemed great and free and bright and full of hope, the empire had crumbled and the great evils of the galaxy had been crushed under the overwhelming power of the new galactic republic.