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Limited Liability Company Operating Agreement Single Member
"I need a Limited Liability Company Operating Agreement Single Member for my new tech consulting business in Singapore, with specific provisions for intellectual property protection and potential future expansion to include additional members by January 2025."
1. Parties: Identifies the member and the LLC entity
2. Background: Context of LLC formation and purpose
3. Definitions: Key terms used tHRoughout the agreement
4. Formation: Details of LLC formation and registration
5. Capital Contributions: Member's initial and subsequent capital contributions
6. Management: Company management structure and decision-making processes
7. Distributions: Rules for profit distribution and reinvestment
8. Tax Matters: Tax treatment and responsibilities
9. Dissolution: Procedures for company dissolution
1. Additional Members: Procedures for admitting new members - use when future expansion is anticipated
2. Succession Planning: Provisions for transfer upon death/incapacity - use when long-term continuity is desired
3. Intellectual Property: IP ownership and protection - use when company owns significant IP
1. Schedule A - Initial Capital Contributions: Detailed breakdown of initial investments
2. Schedule B - Company Assets: List of company assets at formation
3. Appendix 1 - Management Procedures: Detailed operational procedures
4. Appendix 2 - Compliance Requirements: ACRA compliance checklist
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