LIMITED LIABILITY COMPANY OPERATING AGREEMENT

[COMPANY NAME], LLC

An Oklahoma Limited Liability Company

Effective Date: [DATE]

[// GUIDANCE: Governed by the Oklahoma Limited Liability Company Act, 18 O.S. §§ 2000 et seq. Oklahoma permits Series LLCs under 18 O.S. § 2054.4. Annual certificate required with the Secretary of State.]

ARTICLE I - FORMATION

1.1 Formation

The Members form a limited liability company pursuant to the Oklahoma Limited Liability Company Act, 18 O.S. §§ 2000 et seq. (the "Act") by filing Articles of Organization with the Oklahoma Secretary of State.

1.2 Name

[COMPANY NAME], LLC

1.3 Principal Office

[ADDRESS], Oklahoma [ZIP]

1.4 Registered Agent

Agent: [NAME]
Address: [ADDRESS], Oklahoma [ZIP]

1.5 Term

Perpetual, unless dissolved.

1.6 Series LLC

☐ This LLC IS a Series LLC under 18 O.S. § 2054.4.
☐ This LLC is NOT a Series LLC.

ARTICLE II - PURPOSE

The Company is formed for [DESCRIBE PURPOSE] and any lawful purpose under the Act.

ARTICLE III - MEMBERS

See Exhibit A for Members, Capital Contributions, and Percentage Interests.

ARTICLE IV - CAPITAL

Initial Contributions per Exhibit A. Capital Accounts per IRC § 704(b).

ARTICLE V - ALLOCATIONS AND DISTRIBUTIONS

Profits, Losses, and Distributions per Percentage Interests.

ARTICLE VI - MANAGEMENT

☐ MEMBER-MANAGED
☐ MANAGER-MANAGED: Manager(s): [NAME(S)]

ARTICLE VII - TRANSFER RESTRICTIONS

Transfers require [majority/unanimous] consent. Right of First Refusal: [30] days.

ARTICLE VIII - DISSOLUTION

Upon Member consent, judicial dissolution, or Act requirements.

ARTICLE IX - INDEMNIFICATION

Company indemnifies Members/Managers for good faith actions.

ARTICLE X - TAX MATTERS

☐ Partnership/Disregarded ☐ S corp ☐ C corp
Partnership Representative: [NAME]

ARTICLE XI - MISCELLANEOUS

Governing Law: State of Oklahoma

EXECUTION

______________________________ Date: __________
[MEMBER NAME]

EXHIBIT A - MEMBERS

Governed by Oklahoma Limited Liability Company Act, 18 O.S. §§ 2000 et seq. Oklahoma permits Series LLCs.