LLC Management Agreement

Document Sample
LLC Management Agreement Powered By Docstoc
					                          LIMITED LIABILITY COMPANY
                           MANAGEMENT AGREEMENT


               THIS LIMITED LIABILITY COMPANY MANAGEMENT AGREEMENT (this
"Agreement") is effective as of the           day of                by and between
       , a California limited liability company (the “Company”) and
(the "Manager").

                                        RECITALS

             A. The Company is a limited liability company formed pursuant to an Operating
Agreement dated as of                    (the “Operating Agreement”);

             B. Manager is an affiliate of      , who is designated as Managing Member of
the Company in the Operating Agreement (the “Managing Member”);

               C. The Company desires to engage Manager to manage its affairs and operations,
on the terms and conditions set forth herein;

              NOW, THEREFORE, it is agreed as follows:

                1.     Engagement of Manager. The Company hereby engages Manager to
perform all of the functions set forth herein, and Manager hereby agrees to perform such
functions on the terms and conditions set forth herein.

              2.     Duties of Manager. Subject to the supervision of the Managing Member,
Manager shall administer, control, and operate the business and affairs of the Company, and
shall:

                      2.1   Employ such personnel and do all of those things necessary or
desirable to manage the Company for the term of this Agreement;

                     2.2     Maintain accurate, complete and separate books and records of all
revenues and expenses relating to the operations and activities of the Company;

                    2.3     Evaluate potential acquisitions for the Company, and advise it on
the manag
				
DOCUMENT INFO
Shared By:
Stats:
views:759
posted:1/12/2011
language:English
pages:3
Description: LLC Management Agreement
BUY THIS DOCUMENT NOW PRICE: $14.99 100% MONEY BACK GUARANTEED
PARTNER California Legal Documents