The Business Operating Agreement Template UK is provided in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.
Business Operating Agreement Template UK Editable – PrintableSample
Business Operating Agreement Template UK 1. Business Information 2. Member Information 3. Purpose of the Business 4. Member Contributions 5. Distribution of Profits and Losses 6. Management Structure 7. Meetings and Voting Procedures 8. Amendments to the Agreement 9. Dissolution of the Business 10. Indemnification Clause 11. Declaration and Signatures
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WORD
Examples
[Name of the Company]
[Company ID Number]
[Company’s Registered Address]
[Company’s Phone Number]
[Company’s Email Address]
[Name of the Member]
[Member’s ID Number]
[Member’s Address]
[Member’s Phone Number]
[Member’s Email Address]
This operating agreement sets forth the structure of [Name of the Company] and the governance among the members, effective from [Start Date].
The Members hereby form a limited liability company pursuant to the laws of [Jurisdiction, e.g., England and Wales] for the purpose of [Purpose of the Business].
The management of the Company shall be vested in [Specify whether it’s member-managed or manager-managed]. Decisions shall be made by [Outline voting rights or consensus if applicable].
The Members shall make initial capital contributions as follows: [Specify contributions for each member]. Additional contributions shall be made upon the unanimous agreement of the Members.
Profits and losses shall be allocated to the Members in proportion to their respective percentage interests in the Company as stated herein.
No Member may transfer their interests in the Company without the prior written consent of the other Members, which shall not be unreasonably withheld.
The Company shall indemnify each Member against any losses, expenses, or liabilities incurred in connection with the Company’s activities, to the fullest extent permitted by law.
This Agreement may be amended only by a written agreement signed by all Members.
[Signature of the Member]
[Name of the Member]
[Signature of the Company Representative]
[Name of the Company Representative]
[Name of the Company]
[Company ID Number]
[Company’s Registered Address]
[Company’s Phone Number]
[Company’s Email Address]
[Name of the Member]
[Member’s ID Number]
[Member’s Address]
[Member’s Phone Number]
[Member’s Email Address]
This operating agreement governs the business operations of [Name of the Company], including rights and responsibilities of the Members, effective on [Start Date].
The purpose of the Company is to engage in [Detailed description of the business activities].
Members shall hold interests in the Company as follows: [Specify percentage interests for each member].
Each Member shall have management rights and responsibilities as outlined in this Agreement. Major decisions require [Specify majority or unanimous vote].
All financial records of the Company shall be maintained and the fiscal year shall end on [Specify fiscal year end].
The Company may be dissolved upon the occurrence of any of the following events: [List events that would lead to dissolution].
Any notice required under this Agreement shall be in writing and shall be sent to the addresses listed above or to such other address as the parties may designate in writing.
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Member]
[Name of the Member]
[Signature of the Company Representative]
[Name of the Company Representative]
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