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Sample Partnership Agreement. Sample Partnership Agreement. 1.THIS OPERATING AGREEMENT is made and entered into effective. ,. It is an essential legal document that should be completed whether it is a singlemember or multimember limited liability company. An LLC Operating Agreement is a legal document that outlines the ownership and member duties of your Limited Liability Company. If you plan to form an LLC in California, one of the requirements is to create an Operating Agreement. Set the important rules for your LLC with our operating agreement template. Day-To-Day Operation. The partners shall provide their full-time services and best efforts on behalf of the partnership. Get your free LLC (Limited Liability Company) Operating Agreement template right here.
