Amend Llc Operating Agreement Template UK

The Amend LLC Operating Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring editable and printable samples for your convenience.


Sample

Amend Llc Operating Agreement Template UK

Editable – Printable



Amend LLC Operating Agreement Template UK

1. Company Information


2. Member Information


3. Amendment Details

4. Amendment Purpose

5. Member Contributions

6. Voting Rights

7. Distribution of Profits and Losses

8. Management Structure

9. Indemnification Clause

10. Amendments to the Agreement

11. Signatures and Agreement

12. Declaration and Signatures




PDF


WORD

Examples


Amend LLC Operating Agreement Template UK (1)
Between:
[Name of the LLC]
[Company Registration Number]
[LLC’s Address]
[Contact Person’s Name]
[Contact Person’s Email]
And:
[Member Name]
[Member ID or Reference Number]
[Member Address]
[Member Phone]
[Member Email]
Introduction:
This operating agreement outlines the amendments to the original operating agreement of [Name of the LLC], made effective as of [Effective Date].
Clause 1: Purpose of Amendments
The purpose of these amendments is to update the terms concerning management structure, member roles, and responsibilities within the LLC.
Clause 2: Management Structure
The management of the LLC shall be conducted by [Specify Management Structure, e.g., Member-managed or Manager-managed]. Each member’s decision-making authority is defined as follows: [List decision-making processes and authority levels].
Clause 3: Member Contributions
Each member agrees to make the following capital contributions to the LLC: [Specify member contributions, including cash, property, or services].
Clause 4: Allocations and Distributions
Profits and losses shall be allocated among the members in proportion to their respective contributions. Distributions shall occur on [Distribution Schedule, e.g., quarterly, annually].
Clause 5: Amendment Process
Any future amendments to this operating agreement shall be made with the consent of [Specify Percentage] of the members and documented in writing.
Clause 6: Governing Law
This agreement shall be governed by and interpreted in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Member]
[Name of the Member]
[Signature of the Authorized Representative]
[Name of the Authorized Representative]
Amend LLC Operating Agreement Template UK (2)
Between:
[Name of the LLC]
[Company Registration Number]
[LLC’s Address]
[Contact Person’s Name]
[Contact Person’s Email]
And:
[Member Name]
[Member ID or Reference Number]
[Member Address]
[Member Phone]
[Member Email]
Introduction:
This document serves as an amendment to the original operating agreement of [Name of the LLC] to reflect changes in membership, management roles, and profit-sharing arrangements, effective as of [Effective Date].
Clause 1: Identification of Members
The current members of the LLC are as follows: [List of Members with details such as contribution, ownership percentage].
Clause 2: Management Authority
The management authority of the LLC will be vested in [Specify who has authority, including any limits on authority]. Decisions shall be made based on [Outline decision-making procedures, e.g., simple majority, unanimous vote].
Clause 3: Financial Contributions
Members shall contribute the following amounts which will be recorded as capital accounts: [Details on individual contributions].
Clause 4: Distribution of Profits
Profits and losses shall be allocated in accordance with the ratio of members’ contributions unless otherwise stated in a member’s consent.
Clause 5: Expulsion of Members
A member may be expelled from the LLC under the following conditions: [Specify grounds for expulsion and process].
Clause 6: Miscellaneous
This agreement contains the entire understanding of the parties and supersedes any prior discussions or agreements. No modifications shall be valid unless in writing and signed by all members.
Signed in [City], [Date].
Sincerely,
[Signature of the Member]
[Name of the Member]
[Signature of the Authorized Representative]
[Name of the Authorized Representative]

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Amend Llc Operating Agreement Template UK