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Limited Liability Company Operating Agreement Template - A Single Membermanaged Limited Liability Company

LIMITED LIABILITY COMPANY OPERATING AGREEMENT

FOR

_________________________

A Single Member‐Managed Limited Liability Company

ARTICLE I

Company Formation

1.1

FORMATION. The Member hereby does form a Limited Liability Company ("Company")

subject to the provisions of the Limited Liability Company Act as currently in effect as of

this date. Articles of Organization shall be filed with the Secretary of State.

1.2

NAME. The name of the Company shall be: ____________________________________.

1.3

REGISTERED AGENT. The name and location of the registered agent of the Company

shall be:

____________________________________

______________________

_______________________

1.4

TERM. The Company shall continue for a perpetual period unless,

(a) The Member votes for dissolution; or

(b) Any event which makes it unlawful for the business of the Company to be carried on

by the Member; or

of the State of ___________________.

1.5

CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the

event of an occurrence described in ARTICLE 1.4(c), if there is at least one remaining

Member, said remaining Member shall have the right to continue the business of the

Company. Such right can be exercised by the written vote of the remaining

Member within ninety (90) days after the occurrence of an event described in ARTICLE

1.4(c). If not so exercised, the right of the Member to continue the business of the

Company may expire if that member desires.

Limited Liability Company Operating Agreement

Limited Liability Company Operating Agreement Template - A Single Membermanaged Limited Liability Company