Washington State Llc Operating Agreement Template

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Washington State LLC Operating Agreement Template

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Washington State LLC Operating Agreement Template (1)
Article I: Formation
This Limited Liability Company (LLC) is formed under the laws of the State of Washington, commencing on [Effective Date].
Article II: Name
The name of the LLC is [LLC Name], in accordance with RCW 25.15.010.
Article III: Principal Office
The principal office of the LLC is located at [Address].
Article IV: Purpose
The purpose of the LLC is to engage in any lawful act or activity for which LLCs may be organized in the State of Washington.
Article V: Members
The Members of the LLC are as follows:
[Name of Member 1], [Address], [Ownership Percentage]
[Name of Member 2], [Address], [Ownership Percentage]
Article VI: Management
The LLC will be managed by its Members. Major decisions require a majority vote of the Members.
Article VII: Capital Contributions
The initial capital contributions of the Members are as follows:
[Member Name] – [Amount]
[Member Name] – [Amount]
Article VIII: Distributions
Distributions shall be made to Members in proportion to their respective ownership percentages.
Article IX: Indemnification
The LLC shall indemnify the Members against any losses incurred in connection with the LLC’s activities, to the fullest extent permitted by law.
Article X: Amendment
This Operating Agreement may be amended only by a written agreement signed by all Members.
Executed by the undersigned Members on [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Washington State LLC Operating Agreement Template (2)
Article I: Formation
This Operating Agreement establishes the terms for the operation of [LLC Name] formed in the State of Washington as of [Effective Date].
Article II: Name of the LLC
The official name of the LLC shall be [LLC Name].
Article III: Office Location
The principal business location of the LLC is [Address].
Article IV: Purpose of the LLC
The LLC is organized for any lawful purpose as defined by the laws of the State of Washington.
Article V: Members and Capital Contributions
The following individuals are Members of the LLC:
[Name of Member 1]: Contribution: [Amount], Ownership Percentage: [Value]
[Name of Member 2]: Contribution: [Amount], Ownership Percentage: [Value]
Article VI: Management Structure
The LLC shall be a member-managed entity, where all Members have equal voting rights on decisions affecting the LLC.
Article VII: Allocation of Profits and Losses
Profits and losses will be allocated to Members in accordance with their respective ownership percentages.
Article VIII: Indemnity
Each Member shall be indemnified by the LLC for any claims arising from their role within the LLC, except in instances of gross negligence or willful misconduct.
Article IX: Amendment of Agreement
Any changes to this Operating Agreement require a written amendment approved by all Members.
Signed this [Date] by the below Members.
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Form

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

Washington State LLC Operating Agreement Template

1. LLC Information


2. Member Information


3. Purpose of the LLC

4. Management Structure

5. Member Contributions

6. Distribution of Profits and Losses

7. Meetings

8. Indemnification

9. Amendments

10. Miscellaneous Provisions

11. Signatures and Acceptance

12. Declaration and Signatures




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Washington State LLC Operating Agreement Template

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Washington State Llc Operating Agreement Template