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Multi-Member LLC Operating Agreement (Comprehensive Editable Version)
Protect your business partnership with a professionally drafted Multi-Member LLC Operating Agreement.
This attorney-prepared document provides complete legal structure for multi-owner businesses, outlining management duties, profit sharing, member voting rights, buy-sell procedures, and more.
Designed to meet the needs of both new and existing LLCs, this agreement is fully editable and includes upgraded clauses for modern use and maximum legal protection:
Key Features:
📘 Dispute Resolution Clause – Arbitration under AAA Commercial Arbitration Rules with fill-in-the-blank jurisdiction fields.
💻 Digital Execution Clause – Approves e-signatures via DocuSign, Adobe Sign, or equivalent platforms.
🧾 Statutory Agent Indemnification – Protects agents from liability while representing the LLC.
🔁 Successors & Assigns Clause – Ensures continuity if a member transfers interest or passes away.
🏦 Optional Tax Election Section – Includes checkbox for S-Corporation election for maximum flexibility.
🧩 Fully Editable Word (.docx) format with a clean Table of Contents and signature lines ready for customization.
Perfect For:
Entrepreneurs, real estate investors, and business partners forming or restructuring a multi-member LLC who want a professional, legally sound foundation without hiring a full-time attorney.
Disclaimer: This document is for informational purposes only and does not create an attorney-client relationship. Please consult a licensed attorney in your jurisdiction for personalized legal advice.
Multi-Member LLC Operating Agreement (Comprehensive Editable Version)
Protect your business partnership with a professionally drafted Multi-Member LLC Operating Agreement.
This attorney-prepared document provides complete legal structure for multi-owner businesses, outlining management duties, profit sharing, member voting rights, buy-sell procedures, and more.
Designed to meet the needs of both new and existing LLCs, this agreement is fully editable and includes upgraded clauses for modern use and maximum legal protection:
Key Features:
📘 Dispute Resolution Clause – Arbitration under AAA Commercial Arbitration Rules with fill-in-the-blank jurisdiction fields.
💻 Digital Execution Clause – Approves e-signatures via DocuSign, Adobe Sign, or equivalent platforms.
🧾 Statutory Agent Indemnification – Protects agents from liability while representing the LLC.
🔁 Successors & Assigns Clause – Ensures continuity if a member transfers interest or passes away.
🏦 Optional Tax Election Section – Includes checkbox for S-Corporation election for maximum flexibility.
🧩 Fully Editable Word (.docx) format with a clean Table of Contents and signature lines ready for customization.
Perfect For:
Entrepreneurs, real estate investors, and business partners forming or restructuring a multi-member LLC who want a professional, legally sound foundation without hiring a full-time attorney.
Disclaimer: This document is for informational purposes only and does not create an attorney-client relationship. Please consult a licensed attorney in your jurisdiction for personalized legal advice.