Operating Agreement (Single Member Limited Liability Company) Page 6

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8.3. The article, section, and subsection titles and headings in this Agreement are inserted
as a matter of convenience and for ease of reference only and will be disregarded for all other
purposes, including the construction or enforcement of this Agreement or any of its provisions.
8.4. This Agreement may be altered, amended, or repealed only by a writing signed by
the Sole Member.
8.5. Time is of the essence for every provision of this Agreement that specifies a time for
performance.
8.6. This Agreement is made solely for the benefit of the Sole Member and the Sole
Member’s permitted successors and assigns, and no other person or entity will have or acquire
any right by virtue of this Agreement.
8.7. The Sole Member intends the Company to be a limited liability company under the
Act.
The Sole Member hereby executes or causes to be executed this Agreement on
_________________ [date].
___________________________[insert signature]
___________________________[printed name]
Sole Member
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