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Aircraft LLC Operating Agreement Template for Germany

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Key Requirements PROMPT example:

Aircraft LLC Operating Agreement

"I need an Aircraft LLC Operating Agreement under German law for a private two-member company that will own and operate a single Cessna Citation business jet, with operations starting March 2025 and both members having equal ownership rights."

Document background
The Aircraft LLC Operating Agreement is a foundational document required when establishing and operating an aircraft-focused limited liability company under German law. This document is essential when two or more parties wish to form a business entity for aircraft ownership and operation while limiting their personal liability. It integrates requirements from the German GmbH-Gesetz (Limited Liability Company Act) with specific provisions from German and EU aviation regulations. The agreement is particularly relevant for private aviation services, corporate flight departments, and charter operations. It addresses crucial aspects such as ownership structure, capital contributions, management responsibilities, operational procedures, regulatory compliance, and risk management. The document must comply with both German corporate law requirements and aviation-specific regulations, including the Luftverkehrsgesetz (Aviation Act) and relevant EU aviation directives.
Suggested Sections

1. Parties: Identification of all members/shareholders of the LLC and their respective ownership interests

2. Background: Context of the LLC formation, purpose of the aircraft operation, and basic business objectives

3. Definitions: Comprehensive definitions of terms used throughout the agreement, including aviation-specific terminology

4. Formation and Name: Legal establishment of the LLC, registered name, and address details according to German GmbH law

5. Purpose and Business Activities: Detailed description of permitted aviation activities, operational scope, and business objectives

6. Capital Contributions: Initial and ongoing capital requirements, including aircraft acquisition and maintenance funding

7. Membership Interests: Distribution of ownership, voting rights, and economic interests among members

8. Management Structure: Governance framework, appointment of managing directors (Geschäftsführer), and decision-making processes

9. Aircraft Operations: Basic operational rules, compliance requirements, and safety protocols

10. Financial Management: Accounting principles, fiscal year, reporting requirements, and distribution of profits/losses

11. Compliance and Reporting: Regulatory compliance obligations under German and EU aviation laws

12. Transfer Restrictions: Rules governing the transfer of membership interests and admission of new members

13. Dissolution and Liquidation: Procedures for winding up the LLC and distributing assets

14. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes

Optional Sections

1. Multiple Aircraft Operations: Additional provisions for LLCs operating more than one aircraft, including fleet management protocols

2. International Operations: Specific provisions for cross-border flights and international aviation compliance

3. Charter Operations: Regulations and procedures for commercial charter services if the LLC engages in such activities

4. Aircraft Sharing Arrangements: Rules for sharing aircraft with other entities or individuals

5. Maintenance Management: Detailed maintenance protocols beyond basic operations requirements

6. Insurance Requirements: Specific insurance obligations beyond standard coverage

7. Environmental Compliance: Additional environmental regulations and carbon offset requirements

8. Pilot Qualification Requirements: Specific pilot qualification and training requirements beyond regulatory minimums

Suggested Schedules

1. Schedule A - Aircraft Specifications: Detailed technical specifications of the aircraft(s) operated by the LLC

2. Schedule B - Members' Capital Contributions: Detailed breakdown of initial and committed capital contributions

3. Schedule C - Operating Procedures: Standard operating procedures and safety protocols

4. Schedule D - Maintenance Schedule: Aircraft maintenance requirements and schedules

5. Schedule E - Insurance Specifications: Required insurance coverage details and minimum requirements

6. Schedule F - Regulatory Certificates: Copies of all required aviation certificates and permits

7. Schedule G - Management Structure: Detailed organizational chart and management responsibilities

8. Appendix 1 - Aviation Authority Compliance: Documentation of compliance with German aviation authorities

9. Appendix 2 - Emergency Procedures: Emergency response procedures and contact information

10. Appendix 3 - Financial Reporting Templates: Standard formats for required financial reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses


































Relevant Industries

Aviation

Corporate Services

Transportation

Luxury Services

Business Travel

Tourism

Manufacturing

Energy

Private Aviation

Financial Services

Relevant Teams

Legal

Aviation Operations

Compliance

Finance

Risk Management

Safety and Security

Corporate Governance

Fleet Management

Maintenance Operations

Executive Leadership

Relevant Roles

Chief Executive Officer

Aviation Director

Chief Operating Officer

Chief Financial Officer

Legal Counsel

Compliance Officer

Flight Operations Manager

Aircraft Maintenance Manager

Risk Manager

Safety Director

Corporate Secretary

Managing Director

Fleet Manager

Aviation Insurance Specialist

Corporate Governance Officer

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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