Generate a comprehensive operating agreement for single-member or multi-member LLCs. I built this generator from operating agreements used in my own law practice, covering management structure, profit sharing, transfer restrictions, and member rights.
Want an attorney to do this one instead? A simple contract drafted or redlined by me is a flat $750, up to three rounds of revisions by email. Complex and enterprise work is $1,200. I am Sergei Tokmakov, a California attorney, California Bar #279869.
An LLC Operating Agreement is the foundational document that governs how your limited liability company operates. It defines ownership percentages, member rights and responsibilities, profit distribution, voting procedures, and what happens if a member leaves or the company dissolves. While not required in all states, having an Operating Agreement is essential for protecting your limited liability status and preventing disputes between members.
Member-Managed: All members participate in daily operations and decision-making. Best for small LLCs where all owners are actively involved. Each member typically has authority to bind the company. Manager-Managed: Designated managers (who may or may not be members) handle operations while other members remain passive investors. Ideal for LLCs with silent partners, investors, or when you want to separate ownership from management.
Even single-member LLCs benefit from an Operating Agreement. It reinforces the separation between you and your business, documents your management procedures, and prepares for future members. This generator creates appropriate agreements for both single-member and multi-member LLCs, with provisions tailored to your ownership structure.
Flat fees, confirmed in writing before I start any work. I am Sergei Tokmakov, a California attorney, California Bar #279869, and you work with me directly rather than with a document service.
I draft the llc operating agreement around your actual deal, or redline the draft you built here. Includes written comments on the clauses that shift risk and up to three rounds of revisions by email.
Request this package: $750For longer agreements, several related documents, enterprise procurement redlines, or a counterparty whose counsel is already marking up the draft.
Request this package: $1,200Send your question, a short factual summary, and the key documents. You get a written attorney response identifying the main issues, the risks, and the practical next steps.
Request this package: $240Every engagement starts with a conflict check and a written confirmation of scope. Overflow beyond the flat fee is billed at $300 per hour by invoice, and I tell you before that happens.
Send me the draft you generated here plus the deal context, and I will tell you what has to change before anyone signs it. I reply to intake email within one business day.
Sergei Tokmakov, Esq. | California Bar #279869 | owner@terms.law
This generator and this page provide general information, not legal advice, and do not create an attorney-client relationship. A generated document is a starting draft, not a document prepared for your specific facts. Each engagement requires a conflict check and written confirmation of scope. I am licensed in California.