USA LLC Formation Agreement with 3 Classes of Members USA LLC Formation Agreement with 3 Classes of Members USA LLC Formation Agreement with 3 Classes of Members

LLC Formation Agreement with 3 Classes of Members | USA

This LLC Formation Agreement provides for a limited liability company to have three classes of members.

  • The member classes are defined by their profit and loss allocations, their share of the assets upon dissolution of the company, and their voting rights, as follows:
    • Class A Investor Members receive 60% of the profits, bear 90% of the losses, and have 5 votes.
    • Class B Manager Members are responsible for the management and direction of the LLC. They receive 30% of the profits, bear 10% of the losses, and have 2 votes, and are the only members to vote on company decisions which do not, by law, require the vote of all members.
    • Class C Employee Members receive 10% of the profits, bear none of the losses, and have 1 vote.
  • The Formation Agreement can be used by LLCs anywhere in the United States. Buy the form, download, fill in, print and sign.
Document Type: Microsoft Word
Last Updated: 12-August-2025
SKU: 7393
$29.99
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