Homepage Attorney-Verified Operating Agreement Template for New Hampshire
Content Overview

When forming a Limited Liability Company (LLC) in New Hampshire, one essential document that owners must consider is the Operating Agreement. This agreement serves as a foundational blueprint for the company's management structure and operational procedures. It outlines the roles and responsibilities of members, clarifies how profits and losses will be distributed, and establishes protocols for decision-making processes. Additionally, the Operating Agreement can address important matters such as member voting rights, procedures for adding or removing members, and guidelines for handling disputes. While New Hampshire does not legally require an Operating Agreement, having one in place can significantly enhance the clarity and functionality of the business, protecting both the company and its members from potential conflicts. By thoughtfully crafting this document, LLC owners can ensure that their vision for the business is clearly articulated and upheld, fostering a collaborative environment as the company grows and evolves.

New Hampshire Operating Agreement Sample

New Hampshire Operating Agreement Template

This Operating Agreement, dated ____ [Month] ____ [Day], ____ [Year], is entered into by and among the members of ____ [Name of the LLC]____ (the "Company"), a New Hampshire Limited Liability Company. This agreement is intended to outline the operating rules of the company and is governed by the laws of the State of New Hampshire, specifically the New Hampshire Revised Statutes Annotated (RSA) Chapter 304-C, the New Hampshire Uniform Limited Liability Company Act.

1. Formation
This agreement confirms that the Company was formed on ____ [Date of Formation]____, by filing the Articles of Organization with the state of New Hampshire in accordance with the New Hampshire Uniform Limited Liability Company Act.

2. Name and Principal Place of Business
The name of the Company is ____ [Name of the LLC]____. The principal place of business of the Company shall be ____ [Principal Business Address]____, or such other place as the Members may from time to time designate.

3. Members
The members of the Company as of the date of this Agreement are:

  • ____ [Member Name 1]____, with a mailing address of ____ [Address]____
  • ____ [Member Name 2]____, with a mailing address of ____ [Address]____
  • Add additional members as necessary

4. Contributions
The Members have contributed to the Company the following property, services, or cash as capitalized contributions:

  • ____ [Member Name]____: ____ [Contribution]____
  • ____ [Member Name]____: ____ [Contribution]____
  • Add additional contributions as necessary

5. Distributions
Distributions shall be made to the Members in accordance with their respective Percentage Interest in the Company as described in Exhibit A attached to this Agreement or as agreed by all Members in writing.

6. Management
The Company shall be managed by its Members. Decisions shall be made by a majority vote of the Members. Each Member shall have one vote, unless otherwise agreed in writing by all Members.

7. Transfers of Membership Interest
A Member may not transfer their interest in the Company without the written consent of all other Members.

8. Dissolution
The Company may be dissolved upon the agreement of ___% of the Members. Upon dissolution, the Company's assets shall be liquidated, and the proceeds shall be distributed to the Members in accordance with their Percentage Interest in the Company.

9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of New Hampshire.

10. Amendments
This Agreement may only be amended or modified by a written document signed by all Members.

IN WITNESS WHEREOF, the Members have executed this Operating Agreement as of the date first above written.

Member Signatures:
_____________________ ___________________
[Member Name] [Date]

_____________________ ___________________
[Member Name] [Date]

Add more signature lines as necessary

PDF Specs

Fact Name Details
Purpose The New Hampshire Operating Agreement form outlines the management structure and operating procedures for a limited liability company (LLC).
Governing Law This form is governed by the New Hampshire Revised Statutes, specifically RSA 304-C, which pertains to limited liability companies.
Customization Members of the LLC can customize the agreement to fit their specific needs, covering aspects such as profit distribution and member responsibilities.
Filing Requirement While it is not required to file the Operating Agreement with the state, having one is crucial for internal governance and can help resolve disputes.
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