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Establishes the Company’s purpose under Pennsylvania’s Uniform Limited Liability Company Act of 2016, governance by the Member (including authority to appoint and remove officers and agents), and a calendar-year fiscal year. 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Purpose. The object and purpose of, and the nature of the business to be conducted and promoted by, the Company is engaging in any lawful act or activity for which limited liability companies may be formed under the Pennsylvania Uniform Limited Liability Company Act of 2016, 15 Pa.C.S. § 8821, et seq., as amended from time to time (the “Act”), and engaging in any and all lawful activities necessary or incidental to the foregoing.  \n2. Member. The name and address of the Member is:  \nJoshua Portia  \n55 Newfoundland Drive Mifflintown, PA  \n3. Management.  \n(a) The business and affairs of the Company shall be managed by the Member. The Member, on behalf of the Company, shall have the power to do any and all acts necessary or convenient to, or for the furtherance of, the business and affairs of the Company.  \n(b) The Member may appoint officers and agents of the Company to which the Member may delegate whatever duties, responsibilities, and authority the Member may desire. Any officer or agent may be removed by the Member at any time. The Member hereby appoints himself President of the Company.  \n(c) If an officer of the Company is appointed by the Member and given a title that is used by officers ofa business corporation, the Member shall be deemed to have delegated to the officer the duties, responsibilities, and authority that would be exercised by an officer of a business corporation with the same title, unless the Member provides otherwise.  \n4. Fiscal Year. The Company will operate on a calendar year.  \n5. Title to Company Property. All real and personal property shall be acquired in the name of the Company and title to any property so acquired shall vest in the Company itself rather than in the Member.  \n6. Compensation of Member. The Member may be reimbursed for all expenses incurred in managing the Company and may, at the election of the Member, be entitled to compensation for management services rendered, in an amount to be determined from time to time by the Member.  \n7. Distributions. Distributions shall be made to the Member (in cash or in kind) at the times and in the aggregate amounts determined by the Member and as permitted by applicable law.  \n8. Elections. The Member may make any tax elections for the Company allowed under the Internal Revenue Code of 1986, as amended, or the tax laws of any state or other jurisdiction having taxing jurisdiction over the Company.  \n9. Assignability of Membership Interest. The economic interest of the Member in the Company is assignable, in whole or in part, either voluntarily or by operation of law.  \n10. Admission of Additional Members. Additional members of the Company may be admitted to the Company at the direction of the Member only if a new operating agreement or an amendment and restatement of this Agreement is executed.  \n11. Liability of the Member. The Member shall not have any liability for the debts, obligations or liabilities of the Company or for the acts or omissions of himself acting as a Member or President or in any other capacity and for any other member, officer, agent, or employee of the Company, except to the extent provided in the Act. The failure of the Member to observe any formalities or requirements relating to the exercise of the powers of the Member or the management of the business and affairs of the Company under this Agreement or the Actshall not be grounds for imposing liability on the Member for liabilities of the Company.  \n12. Indemnification. The Company shall indemnify the Member, and those authorized officers, agents, and employees of the Company identified in writing by the Member as entitled to be indemnified under this section for all costs, losses, liabilities and damages pai","cbCaifkAxc6TOvgs","https://ap.wps.com/l/cbCaifkAxc6TOvgs","pdf",136302,"English","# Purpose\n# Member\n# Management\n# Fiscal Year\n# Title to Company Property\n# Compensation of Member\n# Distributions\n# Elections\n# Assignability of Membership Interest\n# Admission of Additional Members\n# Liability of the Member\n# Indemnification\n# Dissolution\n# Conflicts of Interest","[{\"question\":\"Who adopted this Operating Agreement and in what capacity?\",\"answer\":\"Joshua Portia adopted the Operating Agreement as the sole Member of Portia’s Organic Treats, LLC.\"},{\"question\":\"How is the Company managed under the Agreement?\",\"answer\":\"The business and affairs are managed by the Member, who has authority to take necessary or convenient actions and may appoint officers and agents and delegate duties.\"},{\"question\":\"When does the Company dissolve and how are assets distributed?\",\"answer\":\"The Company dissolves on the Member’s written direction or by judicial dissolution. During winding up, property is distributed first to creditors (including the Member if applicable), then to the Member.\"}]","Portia’s Organic Treats, LLC Operating Agreement - Sample | PDF",1789574998]