Description
It is essential that operating agreements for multi-member LLCs be comprehensive, taking into account the financial and working relationships of the members in a way that addresses the specifics of the business. Join us for this 90-minute webcast that provides an overview of both basic and complex considerations for negotiating, drafting, and fine-tuning LLC operating agreements, including:
• Understanding the role of the Limited Liability Company Agreement or Operating Agreement in corporate governance matters
• Recognizing different types of distribution schemes
• Analyzing and interpreting allocations provisions
• Considerations regarding equity incentive plans
• Management provisions
• Transfer restrictions
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via on-demand.