Annual Operating Agreement

Annual Operating Agreement Template for England and Wales

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

4.6 / 5

4.8 / 5

Let's create your Annual 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:

"I need an Annual Operating Agreement for a manufacturing facility in Leeds, covering production operations, quality standards, and maintenance requirements, to be effective from March 2025 with our new third-party operator."

Document background

The Annual Operating Agreement serves as a fundamental instrument for managing operational relationships in England and Wales. It is particularly suited for situations requiring detailed operational oversight, performance monitoring, and clear accountability structures. This agreement type is commonly used when parties need to establish comprehensive operational frameworks that include service levels, financial arrangements, and compliance requirements. The document typically covers a one-year period and provides mechanisms for review, adjustment, and renewal based on operational performance and changing business needs.

Suggested Sections

1. Parties: Identification and details of all contracting parties

2. Background: Context and purpose of the operating agreement

3. Definitions: Key terms used throughout the agreement

4. Scope of Operations: Detailed description of permitted activities and operational boundaries

5. Performance Standards: Required service levels and operational metrics

6. Financial Terms: Budget, costs, and payment arrangements

7. Term and Termination: Duration and conditions for ending the agreement

8. Governing Law: Confirmation of applicable law and jurisdiction

Optional Sections

1. Environmental Compliance: Environmental obligations and standards - include when operations have environmental impact

2. Health and Safety: Safety standards and procedures - include when physical operations or workplace safety is relevant

3. Intellectual Property: IP rights and protections - include when IP is created or used in operations

4. Data Protection: Data handling and privacy requirements - include when personal data is processed

Suggested Schedules

1. Schedule 1 - Service Level Agreement: Detailed performance metrics and standards

2. Schedule 2 - Pricing and Payment Terms: Detailed financial arrangements and calculations

3. Schedule 3 - Operating Procedures: Specific operational processes and requirements

4. Schedule 4 - Key Personnel: List of key staff and their roles

5. Schedule 5 - Reporting Requirements: Format and frequency of operational reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Manufacturing
Logistics
Facilities Management
IT Services
Healthcare

Relevant Teams

Operations
Legal
Finance
Procurement
Quality Assurance

Relevant Roles

Operations Director
Commercial Manager
Contract Manager
Facility Manager
Project Manager

��������Ƶ

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

Let's create your Annual Operating Agreement

Authors

Alex Denne

Find the exact document you need

Standard LLC Agreement

Small Business Operating Agreement

Simple Operating Agreement For Two Member LLC

Simple Operating Agreement

Restaurant Operating Agreement

Real Estate Partnership Operating Agreement

Professional LLC Operating Agreement

Professional Limited Liability Company Operating Agreement

Photography LLC Operating Agreement

Operating Service Agreement

Operating Agreement Llp

Operating Agreement For Trucking Company

Operating Agreement For Non Profit Corporation

Operating Agreement For Incorporation

Operating Agreement For Corporation

Operating Agreement Between Partners

Nonprofit LLC Operating Agreement

Non Profit Operating Agreement

Multi Member Managed LLC Operating Agreement

Multi Member LLC Agreement

Members Agreement For LLC

Management Agreement Between Two Companies

LLC Profit Interest Agreement

LLC Operating Agreement For Shared Vacation Home

LLC Membership Admission Agreement

LLC Member Control Agreement

LLC Equity Agreement

LLC Bylaws

Limited Liability Agreement

Limited Company Agreement

Joint Operation Contract

Joint Operation Agreement

Joint Operating Agreement

Investment Fund Operating Agreement

Independent Contractor Operating Agreement

Holding Company Operating Agreement

Hedge Fund LLC Operating Agreement

General Partnership Operating Agreement

Guaranteed Payments LLC Operating Agreement

Farm LLC Operating Agreement

Family LLC Operating Agreement

Contractor Operating Agreement

C Corp Operating Agreement

Aircraft LLC Operating Agreement

Asset Protection LLC Operating Agreement

Annual Operating Agreement

Amended Operating Agreement LLC

Aircraft Operating Lease Agreement

Aircraft Operating Agreement

50 50 Operating Agreement

50 50 LLC Operating Agreement

Bylaws And Operating Agreement

Limited Liability Company Contract

LLC Operating Agreement Bank Account

LLC Holding Company Operating Agreement

Single Member Managed LLC Operating Agreement

Custom Operating Agreement

Construction LLC Operating Agreement

Llp Operating Agreement

LLC Buyout Agreement

Single Owner LLC Operating Agreement

Limited Liability Company Operating Agreement

Construction Operating Agreement

Profit Sharing Agreement Between Partners

Limited Partnership Operating Agreement

LLC Ownership Percentage Agreement

Member Managed Operating Agreement

Operating Agreement For Bank Account

Sole Proprietorship Operating Agreement

Multi Member LLC Operating Agreement

Member Managed LLC Operating Agreement

Shareholder Operating Agreement

Real Estate LLC Operating Agreement

Manager Managed LLC Operating Agreement

��Ƶ

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

�ұ�Ծ��’s Security Promise