Washington Operating Agreement between NBC Internet, Inc. and Telocity, Inc.

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Multi-State
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US-EG-9126
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Operating Agreement between NBC Internet, Inc. and Telocity, Inc. dated December 10, 1999. 58 pages

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.

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  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
  • Preview Operating Agreement between NBC Internet, Inc. and Telocity, Inc.

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FAQ

Washington state doesn't legally require an LLC to adopt a written operating agreement. However, a written operating agreement is important for proving ownership and limited liability status. It can also help you resolve disputes.

Both LLCs and corporations must pay the same Annual Renewal fee of $71. You can file a Washington Annual Renewal online, which is the recommended approach. Online filings are processed more quickly, usually within 7 business days.

The state of Oregon does not require an LLC Operating Agreement, but it may still be recommended for many LLCs. Without an Operating Agreement, disputes are governed by the default LLC operating rules outlined in Oregon law (OR Rev Stat Chap 63).

How to Form a Limited Liability Company (LLC) in Washington Choose an LLC Name. File a Certificate of Formation. Create an LLC Operating Agreement. Apply for a Federal Employer Identification Number (EIN) Choose the type of business entity for tax purposes. File any required state and local business licenses.

In the District of Columbia, an LLC operating agreement isn't required but is advised. You should include all of the members' names and signatures, what their capital contributions and percentage interests are, and when the annual meetings are held.

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This agreement serves as a guideline for how both parties will operate and cooperate in achieving their mutual goals and objectives. It is important to note ... How to fill out Agreement Nbc Form? When it comes to drafting a legal form, it's easier to leave it to the specialists. However, that doesn't mean you ...Dec 15, 2022 — The operating agreement, when signed by all members, is a legally binding contract outlining your LLC's policies on many important issues, ... Get a comprehensive Washington LLC Operating Agreement template to ensure proper governance of your LLC in Washington - Edit, Sign, and Download in PDF. LLC Operating Agreement instructions. Follow along step-by-step as I complete an LLC Operating Agreement. Free PDF download you can use for ... It is written by the LLC's members, who outline both the management and ownership of the company within the agreement. Once you have completed your operating agreement and the business members agree, each member should receive a copy of the operating agreement. If you ask three different business owners how to draft an operating agreement for a limited liability company, you'll get three different answers. That's ... An operating agreement allows LLC owners to create a suitable operating structure for the company by establishing the rights, duties, and financial investments ... A Washington LLC Operating Agreement is a legal document for LLC members to document how an LLC in Washington will be run. Make yours for free and save, ...

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Washington Operating Agreement between NBC Internet, Inc. and Telocity, Inc.