Oregon Llc Operating Agreement Template UK

The Oregon LLC Operating Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring editable and printable samples for your convenience.


Sample

Oregon Llc Operating Agreement Template UK

Editable – Printable



Oregon LLC Operating Agreement Template

1. LLC Information


2. Member Information


3. Management Structure

4. Purpose of the LLC

5. Distribution of Profits and Losses

6. Meetings and Voting

7. Indemnification

8. Amendment Procedures

9. Dissolution Procedures

10. Signatures and Approval

11. Member Signatures




PDF


WORD

Examples


Oregon LLC Operating Agreement Template UK (1)
Company Name:
[Name of the LLC]
Principal Office:
[Address of the Principal Office]
Members:
1. [Member Name, Address, and Ownership Percentage]
2. [Member Name, Address, and Ownership Percentage]
Introduction:
This Operating Agreement (“Agreement”) is made and entered into as of [Effective Date] by and among the Members for the purpose of governing the business and affairs of the LLC.
Clause 1: Formation
The Members hereby form a limited liability company under the laws of the State of Oregon and agree to operate according to this Agreement.
Clause 2: Purpose
The purpose of the LLC is to engage in any lawful act or activity permitted by Oregon law and to conduct the business as specified herein.
Clause 3: Management
The LLC shall be managed by its Members, and decisions shall be made by a majority vote based on ownership percentages.
Clause 4: Capital Contributions
Each Member shall make an initial capital contribution of [Amount], with additional contributions made as required by the LLC’s operational needs.
Clause 5: Distributions
Distributions of profits and losses shall be allocated to the Members in proportion to their respective ownership percentages.
Clause 6: Meetings
Regular meetings shall be held at least [Frequency] to discuss business affairs, with notice provided to all Members at least [Notice Period] in advance.
Clause 7: Indemnification
The LLC shall indemnify its Members to the fullest extent permitted by law against any claims or liabilities incurred as a result of their duties to the LLC.
Clause 8: Amendments
This Agreement may be amended only with the written consent of all Members.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Oregon LLC Operating Agreement Template UK (2)
Company Name:
[Name of the LLC]
Principal Office:
[Address of the Principal Office]
Members:
1. [Member Name, Address, and Ownership Percentage]
2. [Member Name, Address, and Ownership Percentage]
Introduction:
This Operating Agreement is established to set forth the rights and obligations of the Members of the LLC formed in Oregon.
Clause 1: Formation
The Members hereby form a limited liability company under the Oregon Limited Liability Company Act, which will be governed by this Operating Agreement.
Clause 2: Purpose
The LLC is formed to conduct any lawful business activities as agreed upon by the Membership.
Clause 3: Member Responsibilities
Each Member shall be responsible for their respective roles and obligations as outlined in this Agreement.
Clause 4: Financial Matters
The LLC’s fiscal year shall end on the 31st day of December, and the accounting records shall be kept on a cash basis unless otherwise determined.
Clause 5: Distributions
Distributions shall be made to the Members after the payment of all expenses and obligations, in accordance with the Ownership Percentages.
Clause 6: Meetings
Meetings shall be held at least annually and may be called by any Member upon giving [Notice Period] notice to all others.
Clause 7: Record Keeping
The LLC shall maintain complete and accurate records of its business and affairs to ensure transparency among Members.
Clause 8: Dissolution
The LLC may be dissolved with the consent of all Members or by operation of law, and all Members shall share in the distribution of surplus assets after liabilities are satisfied.
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

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Oregon Llc Operating Agreement Template UK