1. Parties: Identifies all founding members of the LLC with their full details and registration/identification numbers
2. Background: Sets out the context for the agreement and the intention to form and operate the LLC
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Formation and Name: Details of company formation, registered name, and business address
5. Purpose and Powers: Defines the company's business objectives and powers to carry out its activities
6. Capital Contributions: Specifies initial and subsequent capital contributions, valuation methods, and capital accounts
7. Membership Interests: Details the allocation of membership interests, voting rights, and economic rights
8. Management Structure: Outlines the management framework, appointment of managers, and decision-making processes
9. Meetings and Voting: Procedures for member meetings, voting requirements, and quorum rules
10. Financial Affairs: Covers accounting practices, fiscal year, banking, and financial reporting requirements
11. Distributions: Rules governing profit distributions, dividend policies, and interim distributions
12. Transfer of Interests: Procedures and restrictions for transferring membership interests
13. Exit Provisions: Mechanisms for member withdrawal, buyout provisions, and valuation methods
14. Termination and Dissolution: Circumstances and procedures for company dissolution and asset distribution
15. Confidentiality: Obligations regarding company and member confidential information
16. Governing Law and Dispute Resolution: Specifies Malaysian law as governing law and outlines dispute resolution procedures
