This LLC Operating Agreement ("Agreement") represents (insert company name) that was formed in the State of Florida on (insert date) ("Company").
The following represents the initial (number of members) Member(s) of the Company and their respective ownership interest:
[Member1.FirstName] [Member1.LastName] , [Member1.StreetAddress] [Member1.City] [Member1.State] [Member1.PostalCode] , and has a (insert percentage of ownership) ownership in the Company;
[Member2.FirstName] [Member2.LastName] , [Member2.StreetAddress] [Member2.City] [Member2.State] [Member2.PostalCode] , and has a (percentage of ownership) ownership in the Company;
(Insert section for as many initial members as the company shall have)
Whereas the Member(s) desire to create a limited liability company under the laws of the State of Florida and set forth the terms herein for the Company’s operation and management of its day-to-day business activities.
Now Therefore, in consideration of the respective covenants and agreements contained in this Agreement, Members agree as follows:
Most small businesses are single-member or single-owned LLCs. The core reason for forming an LLC is to limit liability for debts owed by the company, preventing owner(s) from being held personally liable should the business fail.
The name of the Company is (registered company name), with a principal place of business at (company’s main business address). The mailing address shall be the same address as the principal place of business.