The Washington Operating Agreement between NBC Internet, Inc. and Velocity, Inc. is a legal contract outlining the terms and conditions of their business partnership or operational relationship in the state of Washington. This agreement sets the foundation for their collaboration, specifying the rights, obligations, and responsibilities of each party involved. Keywords: Washington Operating Agreement, NBC Internet, Inc., Velocity, Inc., business partnership, operational relationship, terms and conditions, collaboration, rights, obligations, responsibilities. There may be different types of Washington Operating Agreements that can be tailored to meet specific business needs between NBC Internet, Inc. and Velocity, Inc. Some potential variations or types of agreements could include: 1. General Washington Operating Agreement: This is a comprehensive agreement that covers various aspects of the partnership, such as profit-sharing arrangements, management responsibilities, decision-making authority, and dispute resolution procedures. 2. Membership Interest Agreement: If the partnership involves the transfer or allocation of membership interests or shares between the two companies, this type of agreement would outline the terms and conditions related to those transactions. 3. Capital Contribution Agreement: If one company is contributing capital or assets to the partnership, this agreement would define the terms under which the contribution is made, including valuation and ownership rights. 4. Buy-Sell Agreement: In the event that one party wants to sell its ownership interests to the other or in the case of certain triggering events like death, disability, or retirement, a buy-sell agreement would outline the terms and conditions of such transactions. 5. Dissolution Agreement: If the parties decide to dissolve or terminate their partnership, this agreement would govern the process of winding down the business, including asset distribution, debt settlement, and any post-dissolution obligations. These examples illustrate some potential variations of Washington Operating Agreements between NBC Internet, Inc. and Velocity, Inc. The specific type of agreement entered into would depend on the nature and objectives of their partnership.