Llc Membership Interest Transfer Agreement Template

You can open the LLC Membership Interest Transfer Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

LLC Membership Interest Transfer Agreement Template

Printable | Editable Form




LLC Membership Interest Transfer Agreement Template (1)
Between:
[Name of the Transferor]
[Transferor’s ID]
[Transferor’s Address]
[Transferor’s Phone]
[Transferor’s Email]
And:
[Name of the Transferee]
[Transferee’s ID]
[Transferee’s Address]
Introduction:
This agreement formalizes the transfer of membership interest in [Name of LLC] from the Transferor to the Transferee effective as of [Effective Date].
Clause 1: Transfer of Membership Interest
The Transferor hereby agrees to transfer [Percentage]% of their membership interest in [Name of LLC] to the Transferee.
Clause 2: Representations and Warranties
The Transferor represents that they are the lawful owner of the membership interest and have the authority to transfer it. The Transferee acknowledges that they have conducted sufficient due diligence regarding the LLC.
Clause 3: Payment Terms
The total consideration for the transfer shall be [Amount], payable by the Transferee to the Transferor on or before [Payment Due Date].
Clause 4: Rights and Obligations
Upon completion of this transfer, the Transferee shall assume all rights and obligations associated with the transferred membership interest as outlined in the Operating Agreement of [Name of LLC].
Clause 5: Governing Law
This agreement shall be governed by the laws of [State/Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Transferor]
[Name of the Transferor]
[Signature of the Transferee]
[Name of the Transferee]
LLC Membership Interest Transfer Agreement Template (2)
Between:
[Name of the Transferor]
[Transferor’s ID]
[Transferor’s Address]
[Transferor’s Phone]
[Transferor’s Email]
And:
[Name of the Transferee]
[Transferee’s ID]
[Transferee’s Address]
Introduction:
This document serves to outline the terms under which the Transferor will transfer membership interest in [Name of LLC] to the Transferee, effective as of [Effective Date].
Clause 1: Details of the Transfer
The Transferor agrees to transfer a total of [Percentage]% of their membership interest in [Name of LLC] to the Transferee.
Clause 2: Representations
The Transferor guarantees that the membership interest is free from any liens or encumbrances and all necessary consents have been obtained.
Clause 3: Purchase Price
The agreed purchase price for the transferred membership interest is [Amount], to be paid by the Transferee according to the following schedule: [Specify terms].
Clause 4: Assumption of Responsibilities
Upon transfer, the Transferee shall assume all rights, powers, and duties related to the membership interest as prescribed in the Operating Agreement.
Clause 5: Entire Agreement
This document constitutes the entire agreement between the parties concerning the transfer of the membership interest and supersedes any prior agreements.
Signed in [City], [Date].
Sincerely,
[Signature of the Transferor]
[Name of the Transferor]
[Signature of the Transferee]
[Name of the Transferee]

Form

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

LLC Membership Interest Transfer Agreement Template

1. Transferor Information


2. Transferee Information


3. LLC Information

4. Membership Interest Details

5. Effective Date of Transfer

6. Conditions Precedent

7. Representations and Warranties

8. Indemnification

9. Governing Law

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

LLC Membership Interest Transfer Agreement Template

Printable | Editable Form




Llc Membership Interest Transfer Agreement Template