Below is an Operating Agreement created by the Sustainable Economies Law Center for a worker‐owned cooperative popsicle company (hence, the popsicle‐shaped people). We are sharing it with their permission. Please note that it was written to conform with California law and with the particular preferences and needs of that cooperative. Thus, it may not be readily applicable to other cooperatives or LLCs. It’s quirky in both good ways and not, in our opinion. Also note that it was written originally in Spanish, then translated into English, and we’ve been told that there is room for improvement in the Spanish. This document should not be construed as legal advice and you should seek the advice of an attorney before adapting this model to your LLC. In other words, this thing isn’t perfect, so use it with caution. But enjoy!
This Operating Agreement was originally created as a PowerPoint presentation– there is no legal requirement that they be in any particular form of document! PDF and PowerPoint versions are available to download below.