Partnership & LLCGeneral US

Free General US Partnership and LLC Operating Agreement Form

Download a comprehensive, professional US Partnership and LLC Operating Agreement template. Fully customizable, legally sound, and ready for business use.

415 wordsUpdated July 9, 2026

Who is this template for?

Two or more business partners forming a new LLC to define ownership percentages and management roles.
Existing business partners looking to formalize their internal operations and dispute resolution processes.
Entrepreneurs seeking to protect personal assets by establishing clear corporate governance and liability limitations.
Small business owners requiring a standardized framework for capital contributions and profit distribution.

Template Preview

1. PARTIES

This Limited Liability Company Operating Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and among [MEMBER 1 NAME] of [ADDRESS], [MEMBER 2 NAME] of [ADDRESS], and any other persons who may become members of the Company (collectively, the "Members").

2. FORMATION

The Members have formed a Limited Liability Company (the "Company") under the laws of the State of [STATE] by filing Articles of Organization with the Secretary of State. The Company shall be governed by the terms of this Agreement and the applicable statutes of the jurisdiction.

3. NAME AND PRINCIPAL OFFICE

The name of the Company shall be [COMPANY NAME], LLC. The principal office of the Company shall be located at [ADDRESS], or at such other place as the Members may determine from time to time.

4. PURPOSE

The purpose of the Company is to engage in [BUSINESS DESCRIPTION] and any other lawful business activity for which a limited liability company may be organized under the laws of the State of [STATE].

Continue reading — download the full template free.

Preview ends here. Download the full template below.

Free General US Partnership and LLC Operating Agreement Form Template | Download Now | TermScore