tiktok³ÉÈ˰æ

Operating Agreement For Corporation Template for England and Wales

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

4.6 / 5
4.8 / 5

Let's create your Operating Agreement For Corporation

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:

Operating Agreement For Corporation

"I need an Operating Agreement For Corporation for my new tech startup based in London, with three founding shareholders who will also act as directors, including specific provisions for future investment rounds and a detailed share vesting schedule starting from March 2025."

Document background
An Operating Agreement For Corporation is essential when establishing or restructuring a company in England and Wales. It provides the framework for corporate governance, defining relationships between shareholders and directors, outlining operational procedures, and establishing mechanisms for decision-making. This document is particularly crucial for companies seeking to establish clear internal protocols while ensuring compliance with UK company law. It typically includes provisions for share transfers, voting rights, board composition, and dispute resolution mechanisms, all within the context of English and Welsh legal requirements.
Suggested Sections

1. Parties: Identification of the company and its shareholders/members

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the document

4. Company Name and Registered Office: Official details of the company

5. Share Capital: Structure and classes of shares

6. Directors and Management: Appointment, removal, and powers of directors

7. Shareholders' Rights and Obligations: Voting rights and responsibilities

8. General Meetings: Procedures for company meetings

Optional Sections

1. Share Transfer Restrictions: Rules governing the transfer of shares between existing shareholders and to third parties

2. Tag-Along Rights: Provisions allowing minority shareholders to join in the sale of shares on the same terms as majority shareholders

3. Drag-Along Rights: Provisions allowing majority shareholders to force minority shareholders to join in the sale of shares

4. Dividend Policy: Specific arrangements for the distribution of profits and declaration of dividends

Suggested Schedules

1. Share Capital Structure: Detailed breakdown of share classes and associated rights

2. Reserved Matters: List of decisions requiring special majority or unanimous approval

3. Initial Directors: List of first appointed directors and their details

4. Deed of Adherence: Template document for new shareholders joining the company

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






































Industries

Companies Act 2006: Primary legislation governing company formation, operation, and management in the UK. Contains core requirements for company documentation, directors' duties, and shareholder rights.

Small Business, Enterprise and Employment Act 2015: Legislation aimed at making the UK a more attractive place to start, finance and grow a business. Includes provisions affecting company transparency and filing requirements.

Corporate Insolvency and Governance Act 2020: Legislation introducing permanent and temporary measures to support companies during periods of economic difficulty and reform corporate governance.

Financial Services and Markets Act 2000: Regulatory framework for financial services in the UK, relevant if the corporation engages in regulated financial activities.

Bribery Act 2010: Anti-corruption legislation that companies must comply with, including provisions for preventing bribery and maintaining adequate procedures.

Modern Slavery Act 2015: Requires larger companies to ensure transparency in supply chains and publish statements regarding steps taken to prevent modern slavery.

Data Protection Act 2018: UK's implementation of GDPR, governing how companies must handle and protect personal data.

UK Corporate Governance Code: Set of principles and provisions for good corporate governance practices, particularly relevant for listed companies.

FCA Handbook: Collection of rules and guidance from the Financial Conduct Authority, applicable to companies in regulated financial sectors.

PSC Regulations: Requirements for companies to maintain a register of People with Significant Control, enhancing corporate transparency.

Company Directors Disqualification Act 1986: Legislation governing the disqualification of directors and requirements for director conduct.

Employment Rights Act 1996: Core employment legislation defining basic employment rights and responsibilities relevant to company operations.

Equality Act 2010: Legislation protecting against discrimination in the workplace and ensuring equal treatment in company operations.

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

Standard LLC Agreement

find out more

Small Business Operating Agreement

find out more

Simple Operating Agreement For Two Member LLC

find out more

Simple Operating Agreement

find out more

Restaurant Operating Agreement

find out more

Real Estate Partnership Operating Agreement

find out more

Professional LLC Operating Agreement

find out more

Professional Limited Liability Company Operating Agreement

find out more

Photography LLC Operating Agreement

find out more

Operating Service Agreement

find out more

Operating Agreement Llp

find out more

Operating Agreement For Trucking Company

find out more

Operating Agreement For Non Profit Corporation

find out more

Operating Agreement For Incorporation

find out more

Operating Agreement For Corporation

find out more

Operating Agreement Between Partners

find out more

Nonprofit LLC Operating Agreement

find out more

Non Profit Operating Agreement

find out more

Multi Member Managed LLC Operating Agreement

find out more

Multi Member LLC Agreement

find out more

Members Agreement For LLC

find out more

Management Agreement Between Two Companies

find out more

LLC Profit Interest Agreement

find out more

LLC Operating Agreement For Shared Vacation Home

find out more

LLC Membership Admission Agreement

find out more

LLC Member Control Agreement

find out more

LLC Equity Agreement

find out more

LLC Bylaws

find out more

Limited Liability Agreement

find out more

Limited Company Agreement

find out more

Joint Operation Contract

find out more

Joint Operation Agreement

find out more

Joint Operating Agreement

find out more

Investment Fund Operating Agreement

find out more

Independent Contractor Operating Agreement

find out more

Holding Company Operating Agreement

find out more

Hedge Fund LLC Operating Agreement

find out more

General Partnership Operating Agreement

find out more

Guaranteed Payments LLC Operating Agreement

find out more

Farm LLC Operating Agreement

find out more

Family LLC Operating Agreement

find out more

Contractor Operating Agreement

find out more

C Corp Operating Agreement

find out more

Aircraft LLC Operating Agreement

find out more

Asset Protection LLC Operating Agreement

find out more

Annual Operating Agreement

find out more

Amended Operating Agreement LLC

find out more

Aircraft Operating Lease Agreement

find out more

Aircraft Operating Agreement

find out more

50 50 Operating Agreement

find out more

50 50 LLC Operating Agreement

find out more

Bylaws And Operating Agreement

A governing document under English and Welsh law that sets out company rules, procedures, and operational guidelines.

find out more

Limited Liability Company Contract

A governing document for limited liability companies under English and Welsh law that establishes company rules, shareholder rights, and management structure.

find out more

LLC Operating Agreement Bank Account

An operating agreement governing LLC bank account management and controls under English and Welsh law.

find out more

LLC Holding Company Operating Agreement

A governing document for holding company operations under English and Welsh law, defining structure, management, and member rights.

find out more

Single Member Managed LLC Operating Agreement

A governing agreement for a single-member managed LLC, adapted for compliance with English and Welsh law.

find out more

Custom Operating Agreement

A legally binding document under English and Welsh law that establishes the operational framework and governance structure of a business entity.

find out more

Construction LLC Operating Agreement

A legal framework document governing the operation of a construction-focused limited liability company under England and Wales law.

find out more

Llp Operating Agreement

A governing document for Limited Liability Partnerships under English and Welsh law that sets out member rights, responsibilities, and operational procedures.

find out more

LLC Buyout Agreement

An agreement under English and Welsh law governing the sale of LLC membership interests between selling and buying parties.

find out more

Single Owner LLC Operating Agreement

A governing document for a single-member private limited company under English and Welsh law, establishing management and operational procedures.

find out more

Limited Liability Company Operating Agreement

A governing document that establishes management and operational procedures for limited liability companies under English and Welsh law.

find out more

Construction Operating Agreement

A legally binding agreement under English and Welsh law that establishes operational procedures and responsibilities for construction projects.

find out more

Profit Sharing Agreement Between Partners

An English law agreement defining profit-sharing arrangements between business partners, including calculation methods and distribution terms.

find out more

Limited Partnership Operating Agreement

An English law agreement governing the operation and management of a limited partnership, defining partner rights and obligations.

find out more

LLC Ownership Percentage Agreement

A legal agreement under England and Wales law that defines and governs ownership stakes and rights in a Limited Liability Company.

find out more

Member Managed Operating Agreement

A legal agreement under English and Welsh law defining how members manage and operate a limited liability company.

find out more

Operating Agreement For Bank Account

A legally binding agreement under English and Welsh law that governs the operation of a bank account, establishing terms and conditions between the bank and account holder(s).

find out more

Sole Proprietorship Operating Agreement

A governing document for sole trader businesses under English and Welsh law, establishing operational procedures and business management framework.

find out more

Multi Member LLC Operating Agreement

A governing document for multi-member business entities under English and Welsh law, establishing operational and management frameworks for LLPs or Ltd companies.

find out more

Member Managed LLC Operating Agreement

A governing agreement for business operations under English and Welsh law, structured for either an LLP or Ltd company format.

find out more

Shareholder Operating Agreement

A legal agreement under English and Welsh law that governs the relationship between shareholders and establishes company operating procedures.

find out more

Real Estate LLC Operating Agreement

A governing document for real estate investment entities under England and Wales law, establishing operational and management frameworks.

find out more

Manager Managed LLC Operating Agreement

A governing document for manager-managed LLCs operating under England and Wales law, establishing operational and management frameworks.

find out more

LLC Shareholder Agreement

A legally binding agreement governing shareholder relationships and rights in an LLC under English and Welsh law.

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.