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Multi-Member Operating Agreement

$150.00

A comprehensive, attorney-drafted Operating Agreement for LLCs with multiple members. Ideal for startups, real estate ventures, and partnerships looking to define ownership, decision-making, and profit-sharing terms. Includes editable Word and PDF formats, with guided attorney notes.

A comprehensive, attorney-drafted Operating Agreement for LLCs with multiple members. Ideal for startups, real estate ventures, and partnerships looking to define ownership, decision-making, and profit-sharing terms. Includes editable Word and PDF formats, with guided attorney notes.

Overview

This is a comprehensive Operating Agreement for a Multi-Member LLC, tailored to startups, real estate partnerships, joint ventures, and other multi-owner businesses that want to define clear legal and financial terms from day one.

Whether you're two co-founders launching a new company or several investors pooling resources under a single entity, this agreement provides the structure you need to align interests, assign responsibilities, and protect your business. Users will need to tailor this Agreement to the laws of the state where their LLC is organized.

What’s Included

  • Clean, editable Word + PDF versions of the agreement

  • Modular language for:

    • Capital contributions and ownership percentages

    • Management structure (member-managed or manager-managed)

    • Voting rights and major decisions

    • Profit distributions and tax treatment

    • Buy-sell provisions

    • Transfers, death, withdrawal, and dissolution

  • Attorney Notes to guide you through key sections

  • Signature page + member schedules

Who It’s For

  • Startups with 2+ co-founders

  • Investor-backed real estate or holding companies

  • Service businesses with shared ownership

  • Any LLC with more than one member needing a compliant, formalized structure

Why It Matters

Multi-member LLCs introduce complexity. Without a clear agreement in place, disputes over profit splits, decision-making, or exits can quickly derail your business. This agreement protects your investment and strengthens your operating foundation — helping your team make decisions, raise capital, and grow with confidence.