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I will draft a multi member llc operating agreement with waterfall distributions
Licensed US Attorney High Stakes Transactional Regulatory Law
I am Mark Harris Adams, a licensed US Attorney (Bar #1895) specializing in high-stakes transactional and regulatory law. With extensive experience in complex corporate governance, M&A, FDA compliance,...
About this Gig
A standard LLC operating agreement is insufficient for high-net-worth multi-member ventures. Without sophisticated clauses handling capital calls, voting deadlocks, and tiered profit distributions, your business is at risk of internal collapse.
As a Licensed US Attorney (Bar #1895), I draft sophisticated, high-stakes Operating Agreements tailored to your investment and operational structure.
Key Drafting Inclusions:
- Waterfall Distributions: Tiered profit distribution models (Return of Capital, Preferred Returns, Carried Interest).
- Tax Allocation Clauses: IRS-compliant provisions for pass-through taxation.
- Deadlock Dissolution Provisions: "Texas Shootout" or mediation clauses for unresolved member disputes.
- Buy-Sell Provisions: Rights of first refusal, drag-along, and tag-along rights.
Note: Drafting only. Secure your corporate governance today by selecting your required package.
Field of law:
Business (corporate)
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International
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Commercial
Legal consulting Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Pro freelancers in this category have gone through a vetting process. You can find more details here.
Other Legal Consulting Services I Offer
FAQ
What is a waterfall distribution?
It is a method of splitting profits in tiers, allowing different members to receive varying percentages of cash flow as the company hits specific financial milestones.
Are these agreements valid in my state?
Yes, I draft these to be compliant with the specific LLC laws of your chosen US state (e.g., Delaware, Wyoming, Nevada).
Do you file the LLC for me?
No, this gig is strictly for drafting the internal Operating Agreement.
What is a deadlock resolution clause?
It outlines the exact legal mechanism to resolve a 50/50 voting tie between members, preventing expensive litigation.
Can you include drag-along rights?
Yes, the Premium package includes advanced exit clauses like drag-along and tag-along rights.
