Restated Operating Agreement

Restated Operating Agreement Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Restated Operating Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Document background

The Restated Operating Agreement is essential when a company operating under Danish law needs to consolidate multiple amendments or updates to its original operating agreement into a single, clear document. This typically occurs when numerous changes have accumulated over time through various amendments, making the original agreement difficult to interpret, or when significant organizational changes necessitate a comprehensive update. The document comprehensively addresses corporate governance, ownership structure, management rights, capital contributions, profit distribution, and transfer restrictions, all while ensuring compliance with Danish corporate law, particularly the Selskabsloven. It serves as a fresh starting point for the company's governance while maintaining historical continuity, making it particularly valuable during company restructuring, new member admission, or preparation for investment rounds.

Suggested Sections

1. Parties: Identification of all members/partners and the company entity

2. Background: Context of the restatement, history of previous agreements, and purpose of this restatement

3. Definitions: Comprehensive list of defined terms used throughout the agreement

4. Company Formation and Purpose: Legal status, business purpose, and principal place of business

5. Restatement and Amendment: Declaration of restatement and its relationship to previous operating agreement(s)

6. Capital Contributions: Initial and additional capital contributions, capital accounts management

7. Membership Interests: Classes of interests, voting rights, and ownership percentages

8. Management Structure: Management rights, appointment of managers, and decision-making processes

9. Meetings and Voting: Procedures for member meetings, voting requirements, and quorum rules

10. Distributions: Profit and loss allocation, distribution policies and procedures

11. Transfer Restrictions: Limitations on transfer of interests and right of first refusal provisions

12. Exit Provisions: Member withdrawal, expulsion, and buy-out procedures

13. Dissolution and Liquidation: Process for winding up the company and asset distribution

14. Books and Records: Record-keeping requirements and access rights

15. Confidentiality: Protection of company and member confidential information

16. Governing Law and Jurisdiction: Specification of Danish law application and jurisdiction

17. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability

Optional Sections

1. Tax Provisions: Detailed tax treatment and allocations - include if company has specific tax requirements or international operations

2. Intellectual Property: IP ownership and protection - include if company has significant IP assets

3. Non-Competition: Non-compete and non-solicitation provisions - include if protecting market position is crucial

4. Advisory Board: Structure and role of advisory board - include if company plans to have external advisors

5. Employee Incentive Plans: Framework for employee ownership or option plans - include if company plans to offer equity incentives

6. International Operations: Provisions for foreign operations - include if company operates internationally

7. Digital Governance: Rules for digital meetings and electronic communications - include if company operates primarily digitally

Suggested Schedules

1. Schedule A - Members and Capital Contributions: Detailed list of members and their initial/subsequent capital contributions

2. Schedule B - Ownership Interests: Current ownership percentages and classes of interests

3. Schedule C - Management Structure: Organizational chart and management responsibilities

4. Schedule D - Prior Agreements: List of all previous operating agreements being restated

5. Schedule E - Special Rights and Obligations: Any special arrangements or obligations of specific members

6. Appendix 1 - Voting Procedures: Detailed voting and meeting procedures

7. Appendix 2 - Transfer Procedures: Detailed procedures for interest transfers

8. Appendix 3 - Valuation Methods: Agreed methods for company/interest valuation

Authors

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

Find the exact document you need

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.

Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research

Oops! Something went wrong while submitting the form.

�ұ�Ծ��’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; �ұ�Ծ��’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

��Ƶ

How ��Ƶ reduced drafting time by 75% for a legal firm

private

sovereign

Careers

Restated Operating Agreement Template for Denmark

Let's create your Restated Operating Agreement