Professional Limited Liability Company Operating Agreement Template for Pakistan

1. Multiple Classes of Membership: Used when creating different classes of membership with varying rights and obligations

2. Professional Insurance: Detailed insurance requirements if not covered in professional requirements section

3. Intellectual Property: Required when the PLLC needs specific IP protection provisions

4. Non-Compete Provisions: Used when members need to be restricted from competing activities

5. International Operations: Required for PLLCs operating across borders

6. Succession Planning: Detailed provisions for succession of professional practice

7. Technology Use: Policies regarding use of technology and digital assets

8. Branch Offices: Required when the PLLC plans to operate multiple offices

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

2. Schedule 2: Professional Qualifications: List of required qualifications and current status of each member

3. Schedule 3: Management Procedures: Detailed management and operational procedures

4. Schedule 4: Prohibited Acts: Specific actions requiring special approval or prohibited entirely

5. Schedule 5: Fee Structure: Details of professional fee arrangements and billing procedures

6. Schedule 6: Insurance Requirements: Specific insurance coverage requirements and minimum limits

7. Appendix A: Form of Membership Certificate: Template for membership certificates

8. Appendix B: Professional Code of Conduct: Specific professional ethics and conduct requirements