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1. Parties: Identification and details of all members/owners of the LLC
2. Background: Context of the agreement and formation of the LLC
3. Definitions: Key terms used throughout the agreement
4. Company Formation: Details of LLC establishment and structure
5. Capital Contributions: Initial and subsequent capital requirements
6. Ownership Interests: Allocation of ownership percentages and voting rights
7. Management Structure: Governance and decision-making processes
8. Profit Distribution: Rules for distributing profits and losses
9. Transfer Restrictions: Rules governing transfer of ownership interests
10. Termination: Conditions and procedures for termination
1. Non-Compete Provisions: Restrictions on competitive activities - use when protecting business interests from member competition
2. Tag-Along Rights: Rights of minority members to join in sale of majority interests - use when protecting minority owners
3. Drag-Along Rights: Rights of majority to force minority participation in sale - use when facilitating potential future sale
4. International Operations: Provisions for international business activities - use when company operates across borders
1. Schedule 1: Member Details: Detailed information about each member including contact details and ownership percentage
2. Schedule 2: Initial Capital Contributions: Itemized list of initial capital contributions by each member
3. Schedule 3: Company Constitution: Copy of the company constitution or reference to it
4. Appendix A: Valuation Methods: Agreed methods for valuing ownership interests
5. Appendix B: Management Procedures: Detailed procedures for management meetings and decision-making
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