The New Hampshire Restated Limited Liability Company Agreement of LLC is a legal document that outlines the internal operations and management structure of a limited liability company (LLC) incorporated in the state of New Hampshire. This agreement serves as the backbone of the LLC and governs important aspects such as ownership interests, decision-making processes, capital contributions, profit distributions, and member responsibilities. The New Hampshire Restated Limited Liability Company Agreement of LLC primarily establishes the rights and obligations of members within the LLC, while also outlining their respective roles and responsibilities. It is important to note that the agreement must comply with New Hampshire state law and the specific requirements set forth by the New Hampshire Secretary of State's office. There may be various types of New Hampshire Restated Limited Liability Company Agreement of LLC, tailored to suit the specific needs and preferences of different LCS. Some commonly encountered variations can include: 1. Member-Managed LLC Agreement: This type of agreement is suitable for LCS in which all members actively participate in daily operations, decision-making processes, and management duties. Each member has an equal say in the LLC's affairs, with voting rights typically being decided on a per-member basis. 2. Manager-Managed LLC Agreement: In contrast to member-managed LCS, this agreement is designed for LCS that appoint one or more managers to oversee the company's day-to-day operations. Manager members are responsible for making key business decisions, while non-manager members usually have limited voting rights and are more passive in the management of the LLC. 3. Single-Member LLC Agreement: When an LLC is owned and operated by a single individual, the Single-Member LLC Agreement applies. While similar to the member-managed agreement, this document tailors the provisions to reflect the fact that only one member is involved in decision-making and management duties. 4. Multi-Member LLC Agreement: LCS with multiple members often utilize the Multi-Member LLC Agreement, which establishes the framework for the relationship between all the members. This agreement typically covers various provisions such as member rights and duties, the allocation of profits and losses, dispute resolution mechanisms, and withdrawal or transfer of ownership interests. The New Hampshire Restated Limited Liability Company Agreement of LLC is a crucial document for any LLC operating in New Hampshire. It provides a solid legal foundation for the company's operations, serves as a reference point for resolving disputes, and helps ensure that all members are aware of their rights and responsibilities. It is advised to consult a legal professional or attorney experienced in New Hampshire LLC law to draft and review such agreements to ensure compliance with state regulations and to address the unique needs of each LLC.