Amendment To Operating Agreement Template – US

Notice

The information provided is intended solely as a general example regarding modifications to the operating agreement of a business entity. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney experienced in corporate or contractual law. Regulations and legal requirements may differ by jurisdiction, and modifications should be tailored accordingly to ensure compliance. The use of this example is at the user’s own risk, and no liability is accepted for errors, omissions, or consequences resulting from its implementation without professional legal review.

Please note: This is a sample template for an Amendment to Operating Agreement in the US, provided for informational purposes only. Actual language and terms may vary based on specific circumstances and legal requirements.

Amendment to Operating Agreement (Sample Template)

Parties:

Member A: John Doe
Address: 123 Elm Street, Springfield, IL 62704

Member B: Jane Smith
Address: 456 Maple Avenue, Springfield, IL 62705

Purpose of Amendment:

This document serves to amend the Operating Agreement dated January 1, 2023, to modify the ownership percentage and voting rights of the Members as specified herein.

Amended Provisions:

• Section 2.1 is hereby amended to read: “Member A shall hold a 60% ownership interest.”
• Section 3.2 is hereby amended to read: “Voting rights shall be proportional to ownership interest, with Member A holding 60% of votes.”
• All other provisions of the original Operating Agreement remain in full force and effect unless explicitly modified herein.

Effective Date of this amendment: ________________