Limited Liability Agreement Template

You can open the Limited Liability Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Limited Liability Agreement Template

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Limited Liability Agreement Template (1)
Between:
[Name of the Company]
[Company ID]
[Company Address]
[Contact Phone]
[Contact Email]
And:
[Name of the Member]
[Member’s ID]
[Member’s Address]
Introduction:
This document serves to formalize the Limited Liability Agreement between the above-mentioned parties, effective as of [Effective Date].
Clause 1: Formation
The parties hereby agree to form a Limited Liability Company (LLC) under the laws of [Jurisdiction]. The name of the LLC shall be [Name of LLC].
Clause 2: Purpose
The purpose of the LLC is to engage in [Specify business activities], and any other lawful activities as permitted under the laws of [Jurisdiction].
Clause 3: Membership Interests
The Member shall contribute the following capital to the LLC: [Specify contribution] in exchange for a [Percentage]% membership interest.
Clause 4: Management of the LLC
The management of the LLC shall be vested in the Member, who shall have the full authority to manage and control the business and affairs of the LLC.
Clause 5: Profit and Loss Distribution
Profits and losses of the LLC shall be allocated to the Member in proportion to their membership interest.
Clause 6: Indemnification
The LLC shall indemnify the Member to the fullest extent permitted by law against any losses, claims, or damages incurred in connection with their role in the LLC.
Clause 7: Amendment
This agreement may be amended only by a written agreement signed by both parties.
Clause 8: Governing Law
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Company Representative]
[Name of the Representative]
[Title]
[Signature of the Member]
[Name of the Member]
Limited Liability Agreement Template (2)
Between:
[Name of the Limited Liability Company]
[Company ID]
[Company Address]
[Company Contact Number]
[Company Email]
And:
[Name of the Member]
[Member’s ID]
[Member’s Address]
Introduction:
This Limited Liability Agreement is made to govern the relationship between the Company and the Member regarding the formation and operation of the LLC effective from [Effective Date].
Clause 1: Name of the LLC
The official name of the Limited Liability Company is [Name of LLC], and it shall conduct business under that name.
Clause 2: Purpose of the Company
The purpose of the LLC is to [Define the scope and objectives of the business operations].
Clause 3: Contributions
Each Member shall make an initial capital contribution as follows: [Specify details] in exchange for their respective membership interests.
Clause 4: Management Structure
Management of the LLC shall be conducted by the Member, who will make all decisions regarding the business operations.
Clause 5: Distribution of Profits and Losses
Profits and losses shall be allocated to the Member based on their percentage of ownership interest in the LLC.
Clause 6: Liability Limitation
The Member’s liability is limited to their capital contribution and shall not extend to personal assets notwithstanding any actions arising from the LLC’s operation.
Clause 7: Modifications
Any modifications to this agreement must be documented in writing and signed by both parties.
Clause 8: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Company Representative]
[Name of the Representative]
[Title]
[Signature of the Member]
[Name of the Member]

Form

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

Limited Liability Agreement Template

1. Company Information


2. Members Information


3. Agreement Purpose

4. Contribution of Members

5. Profit and Loss Distribution

6. Management Structure

7. Rights and Duties of Members

8. Indemnification

9. Amendment Provisions

10. Governing Law

11. Signatures and Acceptance

12. Declaration and Signatures



PDF


WORD

Printable

Limited Liability Agreement Template

Printable | Editable Form




Limited Liability Agreement Template