The Operating Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. These versions are both customizable and print-ready, crafted to suit your requirements effortlessly.
Operating Agreement Template – Australia Editable | PrintableSample
1. Parties Involved 2. Name of the Company 3. Purpose of the Company 4. Members and Ownership Structure 5. Management and Voting Rights 6. Financial Contributions 7. Profits and Losses Distribution 8. Meetings 9. Indemnification 10. Amendments to the Agreement 11. Governing Law 12. Signatures and Acceptance
PDF
WORD
Examples
[Member’s Name]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
[Business Name]
[Business ID]
[Business Address]
[Business Phone]
[Business Email]
This Operating Agreement (“Agreement”) outlines the management structure and operational guidelines for [Business Name], effective from [Start Date].
The Members hereby form a limited liability company (the “Company”) under the laws of Australia and agree to the terms set forth in this Agreement.
The purpose of the Company is to [describe business activities and goals], and to engage in any lawful act or activity permitted by Australian law.
Each Member shall contribute the following to the Company: [describe contributions in terms of capital, property, or services].
The management of the Company shall be vested in the Members, who shall make decisions by a majority vote unless otherwise stated.
Profits and losses shall be allocated to Members in proportion to their respective ownership interests in the Company.
The Company will maintain complete and accurate books and records of its business and financial condition, which shall be open to inspection by any Member.
The Company shall indemnify each Member against any losses or liabilities incurred while acting on behalf of the Company, provided such actions are not grossly negligent or willful misconduct.
This Agreement may be amended only by a written agreement signed by all Members.
This Agreement shall be governed by and construed in accordance with the laws of Australia.
[Member’s Signature]
[Member’s Name]
[Business’s Signature]
[Business’s Name]
[Member’s Name]
[Member’s ID]
[Member’s Address]
[Member’s Phone]
[Member’s Email]
[Business Name]
[Business ID]
[Business Address]
[Business Phone]
[Business Email]
This Operating Agreement establishes the operational framework for [Business Name], which began on [Start Date].
The Company shall be operated as a [single-member or multi-member LLC], with each Member having a defined ownership interest.
Each Member shall have the authority to manage the affairs of the Company, and any decision shall be made based on a majority consensus.
The Company shall establish a bank account for all funds and require dual signatures for disbursements over [amount].
Profits shall be distributed annually in accordance with the Members’ ownership percentages.
No Member may withdraw or an additional Member be admitted without the unanimous consent of all existing Members.
A Member’s interest in the Company cannot be sold or transferred without the written consent of the other Members.
In the event of dissolution, the remaining assets of the Company after settling all debts shall be distributed to the Members in proportion to their ownership interests.
Any notice required or permitted to be given under this Agreement shall be in writing and shall be deemed given upon personal delivery or three days after being sent via certified mail.
This Agreement shall be governed by the laws of the State of Australia in which the Company is established.
[Member’s Signature]
[Member’s Name]
[Business’s Signature]
[Business’s Name]
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