Fill and Sign the Must the Operating Agreement Date Ampampor the Start Doing Business Form

OPERATING AGREEMENT OF ______________________________________ A WYOMING LIMITED LIABILITY COMPANY THIS OPERATING AGREEMENT ("Agreement") is entered into the __________ day of _____________________, 20______, by and between the following persons: 1. _______________________________________________________________ 2. _______________________________________________________________ 3. _______________________________________________________________ 4. _______________________________________________________________ hereinafter, ("Members" or “Parties”). FOR VALUABLE CONSIDERATION, the receipt and sufficiency of which is hereby acknowledged, the Parties covenant, contract and agree as follows: ARTICLE I FORMATION OF LIMITED LIABILITY COMPANY 1. Formation of LLC. The Parties have formed a Wyoming limited liability company named ____________________________________________________________ ("LLC"). The operation of the LLC shall be governed by the terms of this Agreement and the provisions of the Wyoming Limited Liability Company Act (Wyoming Statutes, 17-15-101 through 17-15-144), hereinafter referred to as the "Act". To the extent permitted by the Act, the terms and provisions of this Agreement shall control if there is a conflict between such Law and this Agreement. The Parties intend that the LLC shall be taxed as a partnership. Any provisions of this Agreement, if any, that may cause the LLC not to be taxed as a partnership shall be inoperative. 2. Articles or Organization. The Members acting through one of its Members, _____________________________________, filed Articles of Organization, ("Articles") for record in the office of the Wyoming Secretary of State on _________________________, thereby creating the LLC. 3.
Ineligibility from state corporation commissioner. The LLC is not eligible for corporation business permit, or for any other business permit or license from the state or county. 4. Membership of persons. The members of the LLC are the members of the llc only. The members may include a manager of the LLC or a manager of another llc and/or a manager of another type of business conducted by the LLC, but such a person will not be considered a member of the LLC unless the llc is in the process of operating as a sole proprietorship or as a llc composed of owners other than the manager of the LLC. The llc will not be a member of a partnership unless it is in the process of operating as a sole proprietorship. 5. Creation of limited liability company in another state. A foreign LLC may be formed in another state and maintained and operated in Wyoming by the llc, if: (i) the llc is the actual legal entity of the member whose name appears on the articles of organization and who is the LLC's manager; and (ii) the llc has not been incorporated as a sole proprietorship or as a llc composed of owners other than the manager of the LLC. 6. Use of name. The llc will use the llc's name. 7. Name and address of members. The members shall be: 1. John Doe, llc; 2. John doe, , 2035 state route 24 NW, kansascity, wy 8. Form of articles of organization. The articles of organization shall be in writing and signed by each member. The articles shall require the LLC to be known as the john doe limited liability company, with as many members as the amount of its assets, all of which shall be held solely in trust for the benefit and use of the members. The address of the LLC shall be as follows: john doe limited liability company p. O. Box 2490, kansascity, WY 88008 9. Powers of the llc. 1. For the purpose of carrying on the business of the LLC as an llc, the llc's name, and as used in this agreement, (a) may not be copied, altered, used or attributed to any person; (b) will be used only in connection with the business of the LLC and its members only; (c) will be used only in connection with the use of its name and the members of the LLC; (d) shall not be sold, assigned to, or otherwise disposed.