Non-Profit Operating Agreement

Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

NON-PROFIT OPERATING AGREEMENT

This Non-Profit Operating Agreement (the “Agreement”) is made and entered into as of this {{day}} day of {{month}}, {{year}}, by and among the undersigned founding members (hereinafter referred to as “Members”) of {{organization_name}}, a non-profit organization established under the laws of {{jurisdiction}} (hereinafter referred to as the “Organization”).

ARTICLE I: NAME AND MISSION

1.1. Name: The name of the non-profit organization shall be {{organization_name}}.

1.2. Mission and Purpose: The mission of the Organization is to {{mission_statement}}. The Organization shall operate exclusively for charitable, educational, religious, or scientific purposes within the meaning of applicable tax exemption provisions.

ARTICLE II: MEMBERSHIP

2.1. Membership Classes: The Organization shall have the following classes of membership: {{membership_classes_description}}.

2.2. Admission of Members: New members shall be admitted upon {{admission_criteria_process}}.

2.3. Rights and Responsibilities of Members: Members shall have the right to {{member_rights}}, and shall be responsible for {{member_responsibilities}}.

2.4. Termination of Membership: Membership may be terminated due to {{termination_reasons_process}}.

ARTICLE III: GOVERNANCE AND MANAGEMENT

3.1. Board of Directors: The Organization shall be governed by a Board of Directors (the “Board”) consisting of not less than {{min_directors}} and not more than {{max_directors}} members.

3.2. Election and Term of Directors: Directors shall be elected by {{election_process}} for a term of {{term_length}} years.

3.3. Powers and Duties of the Board: The Board shall have the power to {{board_powers}} and shall be responsible for {{board_duties}}.

3.4. Officers: The officers of the Organization shall include a President, Secretary, and Treasurer. Additional officers may be appointed by the Board as deemed necessary. Their roles and responsibilities are as follows: {{officer_roles_responsibilities}}.

ARTICLE IV: MEETINGS

4.1. Annual General Meeting: An Annual General Meeting of the Members shall be held at least once every calendar year, at a time and place determined by the Board, for the purpose of electing directors and transacting any other business as may properly come before the meeting.

4.2. Board Meetings: The Board shall meet at least {{board_meeting_frequency}} times per year. Special meetings of the Board may be called by the President or by a majority of the directors.

4.3. Quorum: A quorum for a Members’ meeting shall consist of {{members_quorum_percentage}}% of the voting members. A quorum for a Board meeting shall consist of {{board_quorum_percentage}}% of the directors.

4.4. Notice: Notice of all meetings shall be provided in accordance with {{notice_period_method}}.

ARTICLE V: FINANCIAL MANAGEMENT

5.1. Fiscal Year: The fiscal year of the Organization shall begin on {{fiscal_year_start_date}} and end on {{fiscal_year_end_date}}.

5.2. Bank Accounts: All funds of the Organization shall be deposited in such bank accounts as the Board may designate.

5.3. Financial Records and Audits: Proper books and records of account shall be kept. The Board shall arrange for an annual audit/review of the financial statements by an independent auditor if required by law or deemed necessary by the Board.

5.4. Budget: The Treasurer, in consultation with the Board, shall prepare an annual budget for approval by the Board.

ARTICLE VI: AMENDMENTS AND DISSOLUTION

6.1. Amendments: This Agreement may be amended by a {{amendment_vote_percentage}}% vote of the Board of Directors, provided that notice of the proposed amendment is given to all directors at least {{notice_period_amendments}} days prior to the meeting at which the amendment is to be considered.

6.2. Dissolution: In the event of the dissolution of the Organization, after paying or making provision for the payment of all of the liabilities of the Organization, the remaining assets of the Organization shall be distributed exclusively to {{dissolution_asset_distribution_entity}}, which is organized and operated exclusively for charitable, educational, religious, or scientific purposes.

SIGNATURES

IN WITNESS WHEREOF, the undersigned Members have executed this Non-Profit Operating Agreement as of the date first written above.

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{{member_name_1}}

{{member_id_1}}

_______________________________

{{member_name_2}}

{{member_id_2}}

_______________________________

{{member_name_3}}

{{member_id_3}}