LLC Formation Agreement (USA)

Set up a Limited Liablity Company (LLC) in the USA with this LLC Formation Agreement. This is an informal preliminary agreement which the members of the LLC can put in place in order to proceed with filing Articles of Organization and form the company, prior to entering into a formal operating agreement. Provisions of the Agreement include:

• The members agree that this is a preliminary agreement only and that they intend to execute a more complex agreement within a reasonable time.
• The members will manage the business of the LLC and will vote according to their proportionate interests.
• The members are free to carry on other businesses as long as they do not compete or conflict with the business of the LLC.
• The members agree that disputes will be settled by arbitration.

This USA LLC Formation Agreement is available in MS Word format, and can be edited as necessary to fit your exact needs.