Quickly set up an LLC with this Formation Agreement for a Limited Liability Company template for use in the United States. 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 onlyand that they intend to execute a more complex agreement by a specified date.
  
• The members will manage the business of the LLC and will vote according to their proportionate interests.
  
• The members may 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 is a USA legal document in MS Word format, and can be edited as necessary to fit your exact needs.