Agreement for Dissolution of Limited Liability Company by bobzepfel

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Agreement for Dissolution of Limited Liability Company

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									                                             Agreement for Dissolution
                                                         of
                                             Limited Liability Company

        This Agreement for Dissolution of Limited Liability Company (this “Agreement”) dated ____ day of
_____, 20__ (the “Effective Date”), is between                      , a Delaware corporation (“Party A”), and
                 a Delaware corporation (“Party B”).

                                                        Recitals

        WHEREAS, on                 , Party A and Party B executed the Limited Liability Company Agreement (the
“LLC Agreement”) of                                            , LLC, a Delaware limited liability company (the
“Company”), under which, among other things, Party A and Party B agreed to the formation of the Company and
the amount of each party’s contribution of capital to the Company; and

      WHEREAS, pursuant to the LLC Agreement, Party A contributed $                                   in cash to the
Company for a % interest in the Company and Party B contributed $                   in cash to the Company for a
      % interest in the Company; and

         WHEREAS, Party A and Party B now wish to dissolve the Company;

                                                      Agreement

          NOW, THEREFORE, in consideration of the foregoing recitals and the covenants and conditions herein set
forth, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereby agree as follows:

          1.     Distribution to Party B. Subject to the provisions of Section 18-804 of the Delaware Limited
Liability Company Act (the “Act”), Party B and Party A shall cause the return of their respective capital
cont
								
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