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I will draft your multi member llc operating agreement with ownership and exit terms
US LLC FORMATION, EIN and Operating Agreement, Non US Residents Welcome
Hi, I’m Bradley, a business setup specialist focused on helping entrepreneurs and individuals start and structure their US LLCs the right way.
I assist with LLC registration, EIN applications, operati...
About this Gig
A handshake may start a business partnership, but it does not answer what happens when members disagree, contribute unequal amounts, stop working, request a buyout or want to transfer their ownership.
I will draft a multi-member LLC Operating Agreement that records how your company will be owned, managed and controlled. The agreement can define capital contributions, profit allocation, member responsibilities, voting rights and the decisions requiring unanimous or majority approval.
I also address situations that are often overlooked at formation, including admitting a new member, restricting ownership transfers, resolving a voting deadlock, valuing a departing members interest and handling withdrawal, death, incapacity or dissolution.
Your document will be structured around the information agreed by the members and the operating rules selected for the LLC. This allows every member to understand their authority, financial rights and obligations before a disagreement arises.
Send me your LLCs state, number of members, ownership percentages and the main issue you want the agreement to settle.
Target country:
United States
Type of Business:
LLC
Document type:
LLC operating agreement
•
Partnership agreement
Business formation & registration Gigs are not screened
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Other Business Formation & Registration Services I Offer
FAQ
Can you draft an agreement for members with unequal ownership percentages?
Yes. The agreement can record different ownership percentages, capital contributions, voting power and profit allocations based on the arrangement supplied by the members.
What happens if the LLC is owned 50/50?
A 50/50 structure can create a deadlock when the members disagree. The agreement can include escalation, mediation, buyout or another agreed procedure for resolving tied decisions.
Can you update an Operating Agreement for an existing LLC?
Yes. Upload the current agreement and explain what has changed, such as a new member, revised ownership, new management roles or a planned member exit.
Can profit distribution be different from ownership percentages?
It may be structured differently, but the arrangement can create tax consequences. All members should confirm the intended allocation with a qualified tax professional before it is written into the agreement.
Can the agreement stop a member from selling their interest to an outsider?
It can include transfer restrictions, approval requirements or a right of first refusal allowing the LLC or existing members to purchase the interest first.
What if one member wants to leave the LLC?
The agreement can establish notice requirements, valuation methods, payment terms and the process for transferring or purchasing the departing member’s interest.
Must all members approve the information before drafting begins?
Yes. The members should agree on the key commercial terms. I will document the arrangement provided, but I cannot decide ownership, voting power or financial rights on behalf of the members.
