Employment Agreement for LLC Managing Director

Description: This is an employment agreement for managing member of a limited liability company (LLC). A managing member is an agent of the company that participates in the day-to-day management of the LLC but also has an ownership interest in the LLC. A managing member is entitled to share in the profits of the company and is also entitled to be compensated for work performed as an employee. As drafted, this agreement contains standard clauses, such as confidentiality and non-competition provisions and a mandatory arbitration clause, but can be customized to ensure the specific terms of the parties’ agreement are addressed.
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