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New Hampshire Multi-Member LLC Operating Agreement Form

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The New Hampshire multi-member LLC operating agreement is a legal document that is used by companies with more than one (1) member. The document will guide the users through the process of outlining their company operational procedures as well, all company policies.

While implementing this document, the members will create a form of protection for their private assets, as the document will separate the member’s from the business liabilities and debts. All members must agree unanimously on all aspects of the document. The members should review the document. If the document will require amendment or compromise, they may wish to collectively consult with a business attorney to clarify and assist with any changes. Once all of the pages of the document are complete, the members must only provide the final signatures before a Notary Public, so that the document may be effective.

How to Write

Step 1 – Download the form -Enter the name of the company at the top of the form

Step 2 – The Agreement – Provide the following:

  • A date in which the document will become effective – mm/dd/yyyy
  • The members names

Step 3 – Company – Members must review the following titles and enter all required information:

Formation –

  • Provide the date of commencement (mm/dd/yyyy)
  • Provide the company name
  • Submit the company name to be used while conducting the principal business

Name – Submit:

  • The name that will be used to conduct the company’s business
  • Purpose – Review the statement

Office –

  • Submit the physical address that shall be maintained for the principal of the business to be performed

Registered Agent – Enter:

  • The initially registered agent’s, full name
  • The registered address of the office where the business is maintained

Term –

  • Provide the date of the business’ commencement (mm/dd/yyyy)

Review the final two titles in this section:

  • Names and Addresses of Members
  • Admission of Additional Members

Step 4 – Titled Sections and Subsections – Members must carefully read the sections and subsections as follows:

  • Capital Contributions – subsections 2.1 through 2.3
  • Allocations of Profits and Losses;Distributions – subsections 3.1 through 3.3
  • Indemnification
  • Powers and Duties of Managers, Section 5.1 – subsections 5.1.1 through 5.3
  • Salaries, Reimbursement and Payment of Expenses subsections 6.1 through 6.3
  • Books of Account, Accounting Reports, Tax Returns, Fiscal Year, Banking – 7.1 through 7.4
  • Transfer of Membership Interest – 8.1 and 8.2 – subsections 8.2.1 through 8.2.5) – and 8.4 subsection 8.4.1 – 8.5  – subsections 8.5.1 through 8.5.5
  • Dissolution – Review 9.1 – subsections 9.1.1 through 9.1.4 – 9.2 – subsections 9.2.1 through 9.2.3

Step 5 – General Provisions – Members should take the time to carefully review the information available under the following titles:

  • Amendments
  • Governing Law
  • Entire Agreement; Modification
  • Attorney Fees
  • Further Effect
  • Severability
  • Captions
  • Notices

Step 6 – Additional Documents, Member’s Signatures and Acknowledgement – Members, must only submit signatures to the remaining documentation, while in the presence of a Notary Public so that they may be effective –

  • Members must submit typed or printed names
  • Members will provide their signatures

Listing of Members – Schedule 1 – Enter the following:

  • The company name at the beginning of the page
  • A date that the list will become effective – dd/m/yy format
  • The members names
  • The member’s addresses
  • Members must type or print their names
  • Members signatures

Listing of Capital Contributions – Schedule 2 – Submit the following information:

  • The name of the company at the top of the form
  • Members respective names
  • Member’s contribution ($100.00 minimum required)
  • The members percentages of interest
  • The date of application of member’s signatures, in dd/m/yy format
  • Printed or typed members names
  • Member’s signatures

Listing of Valuation of Members Interest – Schedule 3 – Provide:

  • The company name at the top of the form
  • Member’s names
  • Specified amounts of the member’s Valuation Endorsement
  • The date of the member’s signatures in dd/m/yy format
  • Date member’s signatures dd/m/yy
  • Members must provide their signatures in the presence of a notary public

Step 7 – Notarization –

  • Once completed, the notary will complete the remainder of the document with their information. The notary shall then sign the document and affix the official seal in acknowledgement of all signatures

All signatories, must receive a copy of the document for their personal record keeping.