What to Consider in an LLC Agreement: A Comprehensive Guide

What should I look for in a LLC agreement? Top 10 Must Haves in an LLC Operating Agreement Member Financial Interest. What percentage ownership does each member have? Corporate Governance. Corporate Officer’s Power and Compensation. Non-Compete. Books and Records Audit. Arbitration/Forum Selection. Departure of Members. Fiduciary duties. Read more on gouchevlaw.com For many business owners, … Read more

Another Name for Operating Agreement: Understanding LLC Agreements

What is another name for operating agreement? A Limited Liability Company (LLC) operating agreement, also known as an LLC agreement, LLC partnership agreement, or operating agreement, is a legal document that establishes the relationship of the LLC members to one another. The LLC operating agreement details each member’s rights and responsibilities. Read more on www.contractscounsel.com … Read more