multi - member LLC operating agreement
Budget: $250 – $750 USD
Hello, I am forming a software development company that will be classified as a multi-member LLC. I need to create an operating agreement that defines the general terms of an LLC. In addition, I need the agreement to cover topics such as:
1. Vesting Schedules
2. Adding and removing members.
3. Grounds for removal of a member
3. Declaring a manager- managed structure
To summarize, I will be offering a certain amount of ownership interest to each member, in exchange for their services to help build software. In order to properly manage the production of the other members, I need the agreement to define me as the final authority in decisions made, including adding or removing members on proper and justified grounds.
1. Vesting Schedules
2. Adding and removing members.
3. Grounds for removal of a member
3. Declaring a manager- managed structure
To summarize, I will be offering a certain amount of ownership interest to each member, in exchange for their services to help build software. In order to properly manage the production of the other members, I need the agreement to define me as the final authority in decisions made, including adding or removing members on proper and justified grounds.