Amended Operating Agreement
If you need to amend the members and managers of your llc you should also file articles of amendment with your state of formation.
Amended operating agreement. As defined in section 804a. With respect to each spe an amendment to the limited liability company agreement of each spe providing for a change in the sole member thereof from contributor to venture. The members formed the company in accordance with the laws of the state of and in connection therewith the member entered into the agreement. Amended operating agreement means the operating agreement of pjm interconnection llc as amended by action of the pjm members committee on february 8 2001 as such agreement may be further amended from time to time.
Realdealdocs contains millions of easily searchable legal documents and clauses from top law firms. You do not file your llc operating agreement with the state you formed your llc in. Means this amended and restated operating agreement as it may be further amended or supplemented from time to time. The operating agreement cannot reduce the membership vote required to amend the articles of organization below a majority in interest of members.
An amended and restated llc operating agreement is an agreement that has been amended changed one or more times but is now restated with the amendments incorporated into the operating agreement. This document helps to streamline the document and clarify its provisions. Unless the operating agreement states otherwise the operating agreement must be amended by the written consent of all the members. Please take advantage of our free llc articles of amendment form to amend your llc articles of organization if needed.
This llc operating agreement involves pzena investment management inc pzena investment management llc.