Documents the voluntary withdrawal of a member from an LLC, covering the redemption of the departing member's interest, final distributions, release of claims, and indemnification.
The LLC Member Withdrawal Agreement is a ready-to-use corporate & business template you can send for signature in minutes. It is written for 2 signers (company and withdrawing member) and, by default, expires 30 days after it is sent if left unsigned. It covers llc, member withdrawal, buyout, redemption, membership interest, exit. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# LLC Member Withdrawal Agreement **Effective Date of Withdrawal:** ___________ **LLC Name:** ___________ **State of Formation:** ___________ **Operating Agreement Date:** ___________ --- ## Parties **Company (the LLC):** ___________ **Company Principal Office:** ___________ **Withdrawing Member:** ___________ **Withdrawing Member Address:** ___________ --- ## Recitals The Withdrawing Member is a member of the Company holding the membership interest described herein and desires to withdraw from the Company. The Company and the remaining members consent to such withdrawal on the terms and conditions set forth in this Agreement. ## 1. Withdrawal and Redemption of Interest ### 1.1 Withdrawal Effective as of the Effective Date of Withdrawal, the Withdrawing Member hereby withdraws from the Company and relinquishes all rights, title, and interest in the Company as a member, including all voting rights, management rights, and information rights. ### 1.2 Interest Being Redeemed **Percentage Interest Redeemed:** ___________% **Class of Units (if applicable):** ___________