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I am in need of an Operating Agreement to sign with my partners. We are the investors and job knowledge owners of the business and the other family will be operating the business for us, sharing 50/50 of the net profits at the end of the year.
I need an Operating Agreement that will cover our bases in regards to NON-COMPETE clause that covers our interest, In-case of business operators misconduct etc. etc.
I had a few Operating Agreements in the past and am aware that it takes quite sometime to finalize one. SO please be aware that there will be a few drafts and edits before we finalize the agreement.
Thanks in advance for your help.
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