The Operating Agreement Template – Canada comes in multiple formats including PDF, Word, and Google Docs. These versions are both customizable and ready for printing, ensuring they fit your requirements perfectly.
Operating Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Operating Agreement 3. Formation of the Company 4. Management Structure 5. Capital Contributions 6. Profit and Loss Distribution 7. Indemnification 8. Books and Records 9. Transfer of Interests 10. Amendments 11. Governing Law 12. Signatures and Acceptance
PDF
WORD
Examples
[Company Name]
[Member 1 Name], [Member 2 Name], [Member 3 Name]
[Effective Date]
This Operating Agreement (“Agreement”) is made and entered into by the Members for the purpose of regulating the affairs of [Company Name] (the “Company”), organized in accordance with the laws of Canada.
The Members hereby form a limited liability company pursuant to the laws of Canada, effective as of the Effective Date.
The purpose of the Company is to engage in any lawful activity for which a limited liability company may be organized in Canada.
Each Member shall contribute the following amounts to the capital of the Company:
[Member 1 Name] – [Amount]
[Member 2 Name] – [Amount]
[Member 3 Name] – [Amount]
The management of the Company shall be vested in the Members. All decisions shall require a majority vote of the Members, unless otherwise specified in this Agreement.
Distributions of profits and losses shall be made to the Members in proportion to their respective ownership interests as follows:
[Member 1 Name] – [Percentage]%;
[Member 2 Name] – [Percentage]%;
[Member 3 Name] – [Percentage]%;
The Company shall maintain complete and accurate books and records of the Company’s affairs and financial conditions.
All Members agree to maintain the confidentiality of the Company’s business affairs and shall not disclose any confidential information to third parties without consent.
This Agreement shall be governed by and construed in accordance with the laws of the Province of [Province] and the federal laws of Canada.
[Member 1 Signature]
[Member 1 Name]
[Member 2 Signature]
[Member 2 Name]
[Member 3 Signature]
[Member 3 Name]
[Company Name]
[Member 1 Name], [Member 2 Name]
[Effective Date]
This Operating Agreement (“Agreement”) outlines the operational and management protocols of [Company Name], organized as a limited liability company under Canadian law.
The Members hereby establish a limited liability company under the laws of Canada that shall operate in alignment with this Agreement.
The Company is established primarily to [describe main business activities or purpose].
Each Member shall make an initial contribution to the Company as follows:
[Member 1 Name] – [Amount]
[Member 2 Name] – [Amount]
The management of the Company is the responsibility of the Members collectively, requiring a unanimous consent for critical decisions.
Profits will be allocated to Members in accordance with their contribution percentages, as follows:
[Member 1 Name] – [Percentage]%
[Member 2 Name] – [Percentage]%;
The Company shall keep accurate financial records that reflect all transactions and the condition of the Company.
Members must keep confidential all sensitive information concerning the Company, unless legally obligated to disclose.
This Agreement shall be governed by the laws of the Province of [Province] and the laws of Canada applicable therein.
[Member 1 Signature]
[Member 1 Name]
[Member 2 Signature]
[Member 2 Name]
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