Key description
- Multi-member LLC operating agreement
- The agreement is inclusive of fair clauses granting power according to percentage of capital contributions to avoid any potential disputes.
Language
Categories
Industries
Covered clausesGeneral
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Definitions
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Formation
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Members, Contributions & Interests
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Allocation of Profits and Losses
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Distributions
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Management and Administration
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Accounting and Records
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Dissociation and Dissolution
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Winding Up and Liquidation
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Transfer of Members' Interests
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Indemnification and Liability Limitation
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Miscellaneous Provisions
