Ready to Use: Operating Agreement & Summary Terms for a Venture Capital or Investment Fund features an operating agreement in a Microsoft Word document that can be customized to fit your needs. Written by top corporate lawyers and fine tuned by leading venture capitalists, the contract is the industry standard used in venture capital. The document features line by line wording on the following topics: formation of the fund, rights and duties of the manager, members, expenses and management fees, limitation of liability and indemnification, board of directors, capital contributions, accounts, allocations, distributions, valuation of fund assets, admission and transferability of membership interests, withdrawal, removal of manager, dissolution and termination, liquidation, accounting matters, waiver and amendment, special manager provisions and miscellaneous provisions.
