A multi-member LLC operating agreement, also referred to as a MMLLC, is a legal contract that outlines the agreed-upon ownership structure and sets forth the governing terms for a multi-member LLC. In addition, it sets clear expectations about each member’s powers, roles, and responsibilities. It also sets out clear financial and working relations between the members and the business managers. Join Stokes Lawrence shareholders Sean Griffee and Olivia Gonzalez for this webinar on Thursday, June 9. Topics covered in this webinar include:Managements vs. Member RightsVoting StructureBuy/Sell OptionsDistribution and Tax ProvisionsDeadlock Provisions in 50% / 50% PartnershipsRelated Services Agreements (i.e. one or more Members perform services for the LLC)Thursday, June 9 | 12:00 p.m. – 1:00 p.m.
