Manager Managed LLC Operating Agreement Template for Germany

1. Non-Competition: Restrictions on members' competing activities - include when members are active in similar industries

2. Advisory Board: Structure and powers of an advisory board (Beirat) - include for larger LLCs or when additional oversight is desired

3. Intellectual Property: IP ownership and usage rights - include when IP is significant to the business

4. Tag-Along/Drag-Along Rights: Share transfer provisions - include for companies planning future sale or investment

5. Deadlock Resolution: Procedures for resolving member disputes - include when there are equal shareholdings

6. Employee Participation: Employee share schemes or profit participation - include when employee ownership is planned

7. International Operations: Provisions for foreign business activities - include for companies operating internationally

8. Digital Meetings: Provisions for virtual meetings and electronic communications - include for modern operating procedures

1. Initial Members and Contributions: Detailed list of members and their initial capital contributions

2. Share Certificate Template: Standard form for share certificates if used

3. Management Procedures: Detailed management protocols and internal regulations

4. Restricted Matters: List of actions requiring special approval

5. Business Plan: Initial business plan and strategic objectives

6. Specimen Signatures: Authorized signatures of managers and key representatives

7. Related Party Agreements: List of existing agreements with related parties

8. Compliance Guidelines: Internal compliance and governance procedures