Company Operating Agreement Sample

Legal communication is essential to individuals and companies to ensure truthful, accurate information exchange and enable morally-correct decision making. This is important to give consideration on how to communicate and how to remain lawful in your day-to-day business activities. Therefore, communication in situations that involve legal complications, request extra attention. Using our easy-to-modify Company Operating Agreement Sample helps to make a perfect document for any kind of personalized legal matter.

Legal professionals are in need of templates more than any other industry. Our trustworthy legal templates are all drafted and screened by legal professionals that have experience in special law-related fields and are actively involved in legal issues around the topic. This Company Operating Agreement Sample template covers the most important subjects and will help you to structure and communicate in a professional and legal way with those involved. 

Download this professional legal Company Operating Agreement Sample template now and save yourself time, efforts and possibly reduce the lawyer-fees in order to become more successful.

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SECTION 4 INDEMNIFICATION The Company shall indemnify any person who was or is a party defendant or is threatened to be made a party defendant, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative (other than an action by or in the right of the Company) by reason of the fact that he is or was a Member of the Company, Manager, employee or agent of the Company, or is or was serving at the request of the Company, against expenses (including attorney s fees), judgments, fines, and amounts paid in settlement actually and reasonably incurred in connection with such action, suit or proceeding if the Members determine that he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interest of the Company, and with respect to any criminal action proceeding, has no reasonable cause to believe his/her conduct was unlawful.. 8.2.4 If the other Members fail or refuse to notify the transferring Member of their desire to acquire all of the Interest proposed to be transferred within the 30day period following receipt of the Notice, then the Members will be deemed to have waived their right to acquire the Interest on the terms described in the Offer, and the transferring Member may sell and convey the Interest consistent with the Offer to any other person or entity provided, however, that notwithstanding anything in Section 8.2 to the contrary, should the sale to a third person be at a price or on terms that are more favorable to the purchaser than stated in the Offer, then the transferring Member must reoffer the sale of the Interest to the remaining Members at that other price or other terms provided, further, that if the sale to a third person is not closed within six months after the expiration of the 30day period describe above, then the provisions of Section 8.2 will again apply to the Interest proposed to be sold or conveyed.. On the dissolution of the Company (if the Company is not  

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For example Real estate forms, Employment forms, General release bank account, Power of attorney, Joint Venture Agreement, Letter of intent, Last will & testament, Secrecy Agreement, Articles of Incorporation of Company, Agreement with Accountant, Purchase contract, Agreement for permission to sublet and much more.  All business templates are easy to find, crafted by professionals, ready to use, easy to customize and intuitive. Pay close attention to the available legal template by browsing through the list. Take the time to review and choose the variety of legal templates to suits your needs.