DOCUMENT DISCLAIMER COVER PAGE

 

The following pages contain a document that was originally created in the Interview of Complete Legal Collection.

 

This document was created in the Interview in the proper format and with the language necessary to ensure its validity when all of the required information has been entered completely.

 

It should be understood that any changes made to the content, appearance, or layout of the original document outside of the Interview have been made at the risk of affecting the validity of the document.

 

Parsons Technology can not be responsible for the legal consequences of changes you have made to this document.  Furthermore, Parsons Technology is not in a position to provide answers to questions regarding any changes to this document.  It is strongly recommended that you seek the advice of a lawyer for information about the validity and the consequences of the changes you have made to this document.

 

LIMITED LIABILITY

COMPANY WORKSHEET

 

 

ORGANIZER:

 

Name:                          _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________  Ext.:  _____

 

 

BUSINESS NAME:

 

Legal Name of LLC:     _________________________

Trade Name:                _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________

 

 

BUSINESS ACTIVITIES:  This LLC will begin on __________________, with an initial number of employees of approximately 0, and anticipated first year revenue of approximately $0.00.

 

The primary activities of the LLC can be describes as follows:

 

_________________________

 

 

PERIOD OF DURATION:

 

The LLC's existence shall continue for a period of years as follows:

 

            Maximum allowable by state law.

 

 

PRINCIPAL PLACE OF BUSINESS:

 

The address where the LLC's principal place of business will be located is:

 

                                                _________________________

                                                _________________________, ___  __________

 

 

MEMBERS:

 

 

Name:                          _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________  Ext: _____

 

 

Percentage ownership of LLC:  0.00%

 

Amount to contribute: $0.00

 

 

MANAGEMENT:

 

All members will manage and control the LLC, and there will be no designated managers.

 

 

OFFICERS:

 

The following pesons will be elected to fill the respective offices:

 

Name:                          _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________  Ext: _____

                                   

Office:                          _________________________

 

 

TAX MATTERS MEMBER:

 

The designated member who will be responsible for tax matters will be:

 

Name:                          _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________  Ext: _____

 

 

VOTING:

 

Members shall be entitled to vote based upon the following:

 

Number of capital units owned.

 

All matters that require a vote of the members shall be approved by a majority vote.

 

Action may be taken without a meeting if a majority of the members consent to the action in writing.

 

 

MEETINGS:

 

Meetings of the members of the LLC will be held at the principal place of business.

 

 

PROFIT ALLOCATION:

 

Net income or net loss of the LLC will be allocated to the members in proportion to their ownership of the LLC.

 

 

AGENT FOR SERVICE OF PROCESS:

 

The name and address of the agent of the LLC for service of process will be:

 

Name:                          _________________________

Company:                     _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________  Ext: _____

 

 

GEOGRAPHICAL AREA OF BUSINESS OPERATIONS:

 

The business will conduct its operations in the following geographical area:

 

_________________________

 

FRINGE BENEFITS:

 

The owners are interested in establishing the following:

 

 

KEY EMPLOYEES:

 

The following persons are key employees who will provide important skills and services, but will not be members or managers:

 

Name:                          _________________________

Title:                             _________________________

Address:                       _________________________

                                    _________________________, ___  __________

Phone:                          ______________  Ext: _____

 

Responsibilities:            _________________________

 

 

ADVISORS:

 

The following financial and professional advisors will be providing services to the business: