tiktok³ÉÈ˰æ

Multi Member LLC Operating Agreement Template for Germany

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Multi Member LLC Operating Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Multi Member LLC Operating Agreement

"I need a Multi Member LLC Operating Agreement for a German technology startup with three founding members who will have equal shares and voting rights, including specific provisions for future investment rounds and a detailed IP rights framework to protect our software development."

Document background
The Multi Member LLC Operating Agreement (GmbH-Gesellschaftsvertrag) is essential when establishing a limited liability company in Germany with multiple shareholders. This document is required under German corporate law, specifically the GmbHG, and must be notarized to be legally valid. It serves as the foundational document that governs the internal affairs of the company, including capital structure, management rights, profit distribution, and decision-making processes. The agreement is particularly crucial as it provides clarity on member relationships, prevents potential disputes, and establishes clear procedures for various business scenarios. It must be drafted with careful consideration of both mandatory legal requirements and the specific needs of the business venture, as it will govern the entire lifecycle of the company from formation through to potential dissolution.
Suggested Sections

1. Parties: Identification of all founding members (Gesellschafter) with their full legal names, addresses, and ownership percentages

2. Background: Context of the company formation and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including German legal terminology

4. Formation and Name: Company's legal name, registered office, and formation details in compliance with GmbHG

5. Purpose of the Company: Detailed description of business activities and objectives (Unternehmensgegenstand)

6. Share Capital and Contributions: Details of the company's share capital (Stammkapital) and members' contributions

7. Members' Rights and Obligations: Core rights and duties of members, including voting rights and contribution obligations

8. Management and Representation: Appointment, removal, and powers of managing directors (³Ò±ð²õ³¦³óä´Ú³Ù²õ´Úü³ó°ù±ð°ù)

9. Members' Meetings: Procedures for convening and conducting members' meetings (Gesellschafterversammlungen)

10. Resolutions: Decision-making processes and majority requirements

11. Financial Matters: Profit distribution, losses, and accounting principles

12. Transfer of Shares: Rules and restrictions regarding the transfer of company shares

13. Termination and Liquidation: Process for company dissolution and member exit

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

Optional Sections

1. Non-Competition and Confidentiality: Restrictions on competitive activities and handling of confidential information

2. Deadlock Resolution: Procedures for resolving disputes between equal shareholders

3. Tag-Along and Drag-Along Rights: Special provisions for share sales in case of majority shareholder exit

4. Advisory Board: Structure and powers of an optional advisory board (Beirat)

5. Intellectual Property Rights: Handling of IP rights between company and members

6. Additional Capital Contributions: Procedures for requesting additional capital from members

7. Special Rights of Individual Members: Any special veto rights or privileges granted to specific members

8. Compliance and Ethics: Additional compliance requirements and ethical business practices

Suggested Schedules

1. Schedule 1: Initial Capital Contributions: Detailed breakdown of each member's initial capital contribution

2. Schedule 2: Members' Information: Complete details of all members including contact information and tax ID numbers

3. Schedule 3: Business Plan: Initial business plan and financial projections

4. Schedule 4: Management Structure: Organizational chart and management responsibilities

5. Schedule 5: Specimen Signatures: Authorized signatures of managing directors

6. Appendix A: Form of Share Transfer Agreement: Template for future share transfers

7. Appendix B: Power of Attorney Templates: Standard forms for voting by proxy

8. Appendix C: Compliance Policies: Key company policies and procedures

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

Technology and Software

Manufacturing

Professional Services

Real Estate

Retail and E-commerce

Healthcare

Financial Services

Construction

Hospitality

Consulting

Media and Entertainment

Agriculture

Energy

Transportation and Logistics

Relevant Teams

Legal

Corporate Governance

Executive Leadership

Finance

Compliance

Business Development

Corporate Affairs

Tax

Risk Management

Strategic Planning

Relevant Roles

Chief Executive Officer

Managing Director

Chief Financial Officer

General Counsel

Corporate Lawyer

Company Secretary

Legal Director

Business Development Director

Chief Operating Officer

Finance Director

Compliance Officer

Corporate Governance Officer

Board Member

Shareholder Representative

Investment Manager

Tax Director

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

Find the exact document you need

Capital Contribution LLC Operating Agreement

A German law-governed agreement establishing terms for capital contributions in a GmbH, including share allocation and management rights.

find out more

Standard Operating Agreement For LLC

A German LLC (GmbH) Operating Agreement establishing company governance rules and shareholder rights under German law.

find out more

Single Member Manager Managed LLC Operating Agreement

A German law-governed operating agreement establishing a single-member managed GmbH, defining its structure, management, and operational framework.

find out more

LLC Business Partnership Agreement

A German law-governed agreement establishing and regulating a GmbH partnership structure, defining shareholder relationships and management framework.

find out more

Management Company Operating Agreement

A German law-governed operating agreement establishing the governance and operational framework for a management company, aligned with GmbH-Gesetz requirements.

find out more

Simple Operating Agreement

A German law-governed Simple Operating Agreement (Gesellschaftsvertrag) establishing the core framework for a GmbH's formation and operation.

find out more

Operations And Management Agreement

A German law-governed agreement establishing terms for operational management of facilities or assets by a third-party operator.

find out more

Operating Agreement For Corporation

A German law-governed agreement establishing the organizational structure and operational framework for a corporation (Aktiengesellschaft), compliant with the Aktiengesetz.

find out more

LLC Operating Agreement For Shared Vacation Home

A German law-governed LLC Operating Agreement establishing the framework for shared vacation home ownership and management under German corporate and property regulations.

find out more

LLC Membership Admission Agreement

A German law-governed agreement for admitting new members into a GmbH (German LLC), specifying membership terms and capital contributions.

find out more

LLC Bylaws

German LLC (GmbH) bylaws document establishing the fundamental rules and governance structure of a limited liability company under German law.

find out more

Limited Liability Agreement

A German law-compliant Limited Liability Agreement establishing boundaries of liability between contracting parties while ensuring adherence to German legal requirements.

find out more

Joint Operating Agreement

A German law-governed agreement establishing the framework for joint operations between multiple parties, detailing management, operational procedures, and risk allocation.

find out more

Holding Company Operating Agreement

A German law-governed agreement establishing the operational framework and governance structure for a holding company, including shareholder rights and management procedures.

find out more

Asset Protection LLC Operating Agreement

A German law-governed LLC Operating Agreement with specialized provisions for asset protection, establishing the framework for company operations and asset safeguarding under German corporate law.

find out more

Aircraft LLC Operating Agreement

A German law-governed operating agreement for an aircraft LLC, combining corporate governance requirements with aviation regulations and operational procedures.

find out more

Single Member Operating Agreement

A German law-compliant operating agreement establishing and governing a single-member GmbH (limited liability company), defining its structure and management framework.

find out more

Limited Liability Company Operating Agreement

A German law-governed operating agreement establishing the structure and governance framework for a GmbH (Limited Liability Company).

find out more

Operating Agreement For Member Managed Limited Liability Company

German LLC (GmbH) Operating Agreement establishing governance structure and member rights under German law.

find out more

Bylaws Operating Agreement

German law-compliant corporate governance document establishing fundamental company rules and operational framework under German corporate law.

find out more

Multi Member LLC Operating Agreement

A German law-governed operating agreement establishing the framework for a Multi-Member GmbH, defining member rights, management structure, and operational procedures.

find out more

Member Managed LLC Operating Agreement

A German law-governed operating agreement for a member-managed limited liability company (GmbH equivalent), defining member rights, responsibilities, and management structure.

find out more

Shareholder Operating Agreement

A German law-governed agreement establishing operational and governance framework for a GmbH, defining shareholder rights and company management structure.

find out more

Real Estate LLC Operating Agreement

A German law-governed operating agreement for a real estate-focused GmbH, establishing the company's structure and operational framework.

find out more

Manager Managed LLC Operating Agreement

A comprehensive operating agreement for a German manager-managed GmbH (LLC), establishing governance structure and management framework under German law.

find out more

Operations Transfer Agreement

German law-governed agreement for transferring business operations between entities, ensuring compliance with §613a BGB and related regulations.

find out more

LLC Shareholder Agreement

A German law-governed agreement establishing rights and obligations between GmbH shareholders, including ownership, management, and operational procedures.

find out more

Joint Venture Operating Agreement

A German law-governed agreement establishing the operational framework and governance structure for a joint venture between multiple parties.

find out more

Operating Management Agreement

A German law-governed agreement establishing terms for professional management and operation of a business or facility by an external operator.

find out more

Addendum To Operating Agreement

A German law-compliant document that amends an existing operating agreement (Gesellschaftsvertrag), typically for a GmbH, incorporating specific modifications while maintaining legal validity.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.