Looking to execute an operating agreement for your New Hampshire LLC? Well, that’s a wise move. On this page, we’ve shared a generic template of the agreement which can modify and use as per your needs.
Operating Agreement – Is it Really Important?
As per New Hampshire LLCs statutes, an operating agreement is not a required document. However not having one can post a serious risk for the business.
The document serves as a backbone for any LLC. It lays out important duties and obligation of each member in black white, thus preventing any future dispute.
A well-drafted agreement can provide peaceful resolutions to internal issues. At the same time, it’s a good indicator to the court that member(s) followed the standard business norms. It further shields the members from any liability.
Key points that should be covered in the agreement:
- Member(s) duties and obligation
- Voting rights
- Distribution profit/loss
- Capital Investment
- Provision for buyout/transfer/sale of membership interest.
- Non-Compete Clause
- Tax information
Below you can find a generic operating agreement which can be used by any New Hampshire LLC.
Download New Hampshire LLC Operating Agreement (PDF/DOCX)
Based on the type of your LLC, download the relevant document.
Disclaimer: The document is shared for reference purpose only. We disclaim all liability and responsibility arising from any reliance placed on the information shared. We encourage you to consult a professional business attorney to get a professional agreement made.
Last Updated: 02/01/2019