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LLC Operating Agreement

An LLC operating agreement is the legal document that governs your business. Articles of Organization do NOT govern your LLC but are simply the information you file with your state to get registered. An operating agreement shows who owns and manages the LLC, how profits are dealt with, and how any problems the LLC may have now or in the future will be resolved. While it's not required to have when you register your LLC, it's really important to have it since it's the only document that governs the operation of your business. Note: this template is for single-member LLCs.

CLAUSES INCLUDED

- Names of parties to the operating agreement

- Name of principal place of business

- Formation

- Purpose

- Member Capital Contributions

- Distributions

- Books, Records, and Tax Returns

- Bank Accounts

- Management of the Company

- Dissolution and Liquidation

- Notices

- Arbitration

- Amendments

- Indemnification Clause

- Miscellaneous Clause

- Signature Lines

TEMPLATE FEATURES

Every template is prepared by The Legal PaigeLLC, attorney drafted and reviewed, and created specifically for your industry.

 

Every template is created with easy-to-use fill-in-the-blanks for your unique business. We make it simple to identify what information you need to input with highlighted, editable sections.

Once you’ve finished, you can quickly copy/paste into your client management software, Google Docs, or Microsoft Word to send to clients in a snap.

All language is 100% legal mumbo jumbo-free (aka no complicated legal terms).

Plus, you'll get free access to future template updates from The Legal Paige.

SHOP FAQ

Have a question? Wondering how all this works? Head to our Shop FAQ page to get answers to our most asked questions!

DISCLAIMER

DISCLAIMER: By purchasing a template contract and/or document from The Legal Paige, LLC, you are not given access to Paige and no attorney-client relationship is created.

All template documents are drafted using general U.S. contract principles and are not state-specific. Our products are easy-to-use and have highlighted, editable sections with commentary on what to amend according to your business practices and local state laws. You may modify the document on your own or find an attorney in your state to help you.

TLP’s Easy Step-by-Step Process

Choose a Contract and add to cart

01. CHOOSE A CONTRACT

Choose your product and "add to cart" to purchase. Upon checkout, you’ll get instant access to your contract or clause in your email inbox within seconds. No waiting around for weeks on the lawyer down the street to draft a legal document that you're not even sure is legit.

Make your edits

02. MAKE YOUR EDITS

Not tech savvy? No worries - next: all you need to do is open the document in Microsoft Word (OR you can even Google Docs!). Here you'll edit the document with exactly what we've highlighted for you and get insights straight from The Legal Paige on how to tweak certain clauses to your own business practices.

You are legally legit and protected

03. YOU ARE LEGALLY LEGIT!

Before your next coffee break, you'll be finished editing and ready to upload your brand-spanking-new legally legit document into your CRM... which means both you and your clients are protected from all the "what ifs".

Choose a Contract and add to cart

01. CHOOSE A CONTRACT

Choose your product and "add to cart" to purchase. Upon checkout, you’ll get instant access to your contract or clause in your email inbox within seconds. No waiting around for weeks on the lawyer down the street to draft a legal document that you're not even sure is legit.

Make your edits

02. MAKE YOUR EDITS

Not tech savvy? No worries - next: all you need to do is open the document in Microsoft Word (OR you can even Google Docs!). Here you'll edit the document with exactly what we've highlighted for you and get insights straight from The Legal Paige on how to tweak certain clauses to your own business practices.

You are legally legit and protected

03. YOU ARE LEGALLY LEGIT!

Before your next coffee break, you'll be finished editing and ready to upload your brand-spanking-new legally legit document into your CRM... which means both you and your clients are protected from all the "what ifs".

"IT'S SUCH A RELIEF TO KNOW I'M COVERED!"

"It’s such a relief to know I’m covered when it comes to contracts! Paige knows firsthand what it's like to be a small business owner and has tailored her contracts to cover EVERYTHING you could possibly need! The investment was a “no brainer” for me and Paige is forever my go-to girl for contracts!"

- Jessie Cancio


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