USA Transfer of LLC Membership Interest

This Transfer of LLC Membership Interest should be attached as an addendum to an original LLC Operating Agreement for a USA limited liability company.

The Transfer addendum sets out the rules set up by the members governing the transfer of a membership interest from a departing or deceased member to a related party (spouses or family members) or to a non-related party. The Transfer addendum covers the following topics:

permitted transfers to related parties;
voluntary transfers to non-related parties;
involuntary transfers to related and non-related parties;
method of determining purchase value;
payment of purchase value;
admission of new members.

This USA Transfer of LLC Membership Interest template is available in MS Word format, and is fully editable to fit your specific circumstances.