Fillable Printable Free Llc Operating Agreement Template

Free Llc Operating Agreement Template

**SAMPLE**

OPERATING AGREEMENT

AAR XXX REGION, LLC



 

!"# $

       



%

 

ARTICLE I

&'$(()

* +*                 

              ,  -  

./

0 0                  !"

12345

( ' )6++6+627 

00"

08 0 8999

'(::;"))



0< 0                   

&



0; 0;*71=



0& 0              

 00

>00"

0$ ? 0  # "   

#"

0 0  ::;

;)*@!**!*++et seq.

1 of 17

05 0

 050



00"  $

                      !

                # 



0   0         A

      999  '(  ::;B          

-

0 0

 00

/)999

0 0999'(::;



0  0    0 0     $    -

        ;          

          ,      

.

ARTICLE II

$5($;5C(?

2 +* $       2+    8  

8

-8)

)

2 +2( 999'(::;

2 +6 C  5             

)12345('

)  6++      6+627           

            #    

<



2 +@  #

$;

6@73C( ' **C;)7++

6+6+3             

2 of 17

<4  #

 )

"

))





2 +3      #            

8"))





ARTICLE III

CDC)')(&CE')

1. CF(!C" 

a.                 #

      8  -        

)3+*,.,6.;

              %      

8>-8)3+*,.,6.

    ;                D  )

    

    /   ,.            

G>-

H,.H,.

  H  ,.          "  H  ,.

   5

H,.-

# 



#

 

b.   #          

>              

%

c. 

8"  (



"                      

-8

%

3 of 17

                    

  

 G    -      

#-   -)3+*,.,6. 

;,

.

  

,.-

    -    )  3+*,.,6.      ;  ,  

D).

  ,.                    )

*I+,.,2.;,D

).

6 +2 C   #

          ,.  -          

#

-                    ,.



 (

                  

                    





6 +6 ; !

 

#%

8  ) < : 

)"))

##-

                    

8%

8J0; 0

;-%!!

"J

6 +@ C    )  C"       (    

#"

&H



              

-)@ *6

   $&  



# 

4 of 17

ARTICLE IV

4)(&&D')$4'<&(&$$;')

@ +*   <    &     <      

J

 '-5

  -  >              !

J

<



%

                    

  #     '-            

>

<J&

< &,-

.8<

           D  8          

          <        !!

            





@ +2 (K"C

a. Board.     <  8      

          ;    C    L

C)& <8

 8 ,. 

 

b. Oicers. '<

        <            

<



<



c. Qualications. &          

 &

 )&



 

5 of 17

d. Appointment and Term -- Directors.

i. ;J

5

      >         

;



 

ii.   C           L  C

CC

  C



iii.  LCJ

5

> LC



iv. )&J

5

> )&

                  

)&

v.  &   J

5

> 

vi. 5

&

vii. ;

5

   4    C      

;

viii.             &      



%

 

e. Appointment and Term – Oicers. 

         &       & 

  <

J  Each

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officer shall %

.

f. Powers.

i.     ;        -

                

             

      ;        



%

#"> 

ii.   C            

!!    >      

 C

5<& '-

-<

      C        

%5

<&

><



iii. LC

CC

 

@ +6 <5 <



M 5%

&

( 

<C

>& 

            <            <  

J&>

 &<

-

-

@ +@ E5 >

%<%‐

&

)"<

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%%

<>

@ +3 E% <C

  %          J    %  

,0E%0.J

)""

   D    "          

CE%

      %        5        E%

 (E%

#

%%

-<

@ += :;  '&



%

           &            

5&

%

                        

 5

<

5-&#

%

&"

 '&

%

""



)*@!**!6+3

@ +I &  &     &            

 &

G#G,

.  &<

G

< 

  &          >          

G< 4

&>

- '&

 (

5

                    

8 of 17

& (

&

5

@ +1 <%       <              

%

# C

 C

            ;  #  &  

<$C

 

 

#                    #



@ +7       &    '    

  -)*@!**!

6+=&%

-&-

&#

    &          &#      

#&#

# -

)*@!**!6+=

&"



@ *+      &             

        <         &#      

 &"

H        "      M

     % 

 &&#

5H-!

&

5

-!&

@ **   '<5

&            &   

&#5H-!

9 of 17

@ *2 L C"

LC <"

     -        

  &    "    ,.    ,.    

"5

 (

" L

8

@ *6 )             

&"-

#'-& 

&-



ARTICLE V

4)(&<:()$5'5<')

3 +* 5 5 

                  5  



  ‐

             

  55

,*.,*1.H,2.#

" 5

5,*.

5



                     E

5>

 5



            5        

      

5

3 +2 :    :  #     5#    



       #            

>-



5

#

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3 +6 (  :               

5                #    

-

ARTICLE VI

5''()$5'5<')

= +* 5 

a. ><

5

<

H



b. <5

                  ,.  

C;,6+.

H,.H,.

,*+.5

#-

<J<H,.

,6++./,.

# 

    "          < 



= +2 ) 5  )    5  

<

= +6 C    5     ,.        

)



= +@ (5  E

       <      ,.         

 



,6+.",3+.

5  

,2.D

)5

%

= +3 & $5

                    5      J

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