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1. Parties: Identifies the company member and any other relevant parties
2. Background: Context and purpose of the operating agreement
3. Definitions: Key terms used throughout the agreement
4. Company Formation: Details of company structure and registration
5. Management and Control: Decision-making processes and management structure
6. Capital Contributions: Details of initial and subsequent capital contributions
7. Distributions: Rules for profit distribution and drawings
8. Transfer of Interests: Procedures for transferring ownership interests
9. Dissolution: Procedures for winding up the company
1. Additional Members: Procedures for admitting new members (if future expansion is contemplated)
2. Succession Planning: Provisions for business continuation after death/incapacity
3. Intellectual Property: IP ownership and protection if relevant to the business
4. Employee Management: If the company plans to have employees
1. Initial Capital Contributions: Detailed breakdown of initial investments
2. Company Assets: List of company assets at formation
3. Business Plan: Initial business plan and projections
4. Registered Office Details: Official company address and contact information
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