Source: https://www.pandadoc.

com/operating-agreement-template/

OPERATING AGREEMENT
OF

[COMPANY NAME]

A [STATE] LIMITED LIABILITY COMPANY

This Operating Agreement (as the same may be amended,

restated or otherwise modified from time to time, this
“Agreement”), effective [DATE], is entered into by [INSERT
NAMES OF ALL PARTIES] (the “Members”), as the Members of
[COMPANY NAME] LLC (the “Company”), pursuant to the Act (as
such term is defined below) on the following terms and
conditions: