You can open the Series LLC Operating Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Series LLC Operating Agreement Template Printable | Editable FormSample
[Name of the Series LLC]
[Series LLC’s ID]
[Series LLC’s Address]
[Name of the Managing Member]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
This Operating Agreement is made effective as of [Date], and governs the operation of the Series LLC formed under [State Law].
The Member hereby forms a Series LLC and agrees to be governed by this Operating Agreement.
The purpose of the Series LLC is to engage in any lawful business activity, and to provide the flexibility for the establishment of individual series with distinct assets and liabilities.
The Series LLC is managed by the Managing Member. Additional members can be added upon the unanimous consent of the existing members.
New series may be created by a written resolution of the Managing Member stating the name and purpose of such series.
The Managing Member shall have complete authority to manage the business and affairs of the Series LLC and each individual series.
Members shall contribute capital to the Series LLC as agreed upon. The Managing Member shall determine the allocation of profits and losses for each series.
The Series LLC shall indemnify the Managing Member against any losses or liabilities arising from the operation of the Series LLC.
This Operating Agreement may be amended only by written agreement signed by all members of the Series LLC.
[Signature of the Managing Member]
[Name of the Managing Member]
[Name of the Series LLC]
[Series LLC’s ID]
[Series LLC’s Address]
[Name of the Managing Member]
[Member’s ID]
[Member’s Address]
This agreement outlines the governance of the Series LLC formed on [Formation Date], under the laws of [State].
The name of the Series LLC is [Name], and it is located at [Address].
The Series LLC is authorized to conduct any lawful business as permitted under the laws of [State].
Each series shall maintain its assets and liabilities distinct from one another, as specified in its creation documents.
Decisions regarding the management and operation of the Series LLC, including the creation of new series, are reserved for the Managing Member.
Each member shall have equal rights to profits and losses, unless otherwise provided in this agreement.
The Managing Member shall maintain accurate financial records and provide annual reports to all members.
Distributions shall be made to the members at the discretion of the Managing Member and in accordance with their ownership interests.
The Series LLC may be dissolved upon the unanimous consent of the members, or in accordance with applicable state law.
[Signature of the Managing Member]
[Name of the Managing Member]
Form
Please complete the form below to create the Series LLC Operating Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Series LLC Operating Agreement Template 1. Company Information 2. Member Information 3. Purpose of the Series LLC 4. Creation of Series 5. Management Structure 6. Financial Contributions 7. Profit and Loss Distribution 8. Indemnification of Members and Managers 9. Records Maintenance 10. Amendments to the Agreement 11. Signatures and Acceptance 12. Declaration and Signatures
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WORD
Series LLC Operating Agreement Template Printable | Editable FormPrintable
