(c) Notwithstanding the contrary provision of this chapter, a limited liability company in subsection b) of this section, subject to the standards and limitations of its limited liability social contract, has the power and power to enter into guarantee and guarantee contracts and enter into interest contracts. , basic agreements, currencies, hedge funds or other swap agreements, or cap, fund, sale, options, exchanges or collars, derivatives or other agreements similar to any of the previous agreements. Subject to such standards and limitations, a limited liability company, where it exists, can and is empowered to compensate and compensate members or directors or others against all claims and claims. (b) At the request of a member or officer, the Court of Chancery may hear and designate the result of a vote of members or managers on matters in which members or officers of the limited liability company or a class or group of members or officers are entitled, in accordance with the limited liability contract or any other agreement or chapter (with election) , appointment, dismissal or resignation of executives. In such a claim, the limited liability company is designated as a party and the meaning of the application is considered by the registered representative of the limited liability company to be a service of the limited liability company and no other party should be consulted to allow the Court to rule on the outcome of the vote. The Court may issue such an injunction that respects a subsequent or other notification of such an application, as it is the case in these circumstances. After the successful presentation of your LLC in Delaware, it is recommended to establish a business agreement in order to outline the operation and financial structure of the company. The form is not submitted to the company department, but filed by each party concerned and kept for its personal records. A Delaware LLC agreement is a precondition for the creation and operation of a limited liability company within the state. Read 3 min Although this document is not a legal requirement within the state, it is always wise for LLC members to establish an enterprise agreement and keep it with other business documents. If you complete the required form, you and all other members of your LLC will then have personal liability protection.

This means that personal property is not vulnerable when legal action is taken against the company, such as bankruptcy or litigation. Members of an LLC can also benefit from many tax benefits. A well-developed enterprise agreement should serve as a marital agreement to avoid most partnership conflicts between members if each member decides to move in a different direction. From the beginning, it has the ambition of the parties to tackle the problems later. In our experience, most problems in an LLC are due to disagreements between owners. This enterprise agreement helps address these issues in advance to reduce the chances of future problems. Since an agreement is an important aspect of your business, these agreements with your other business documents must be kept in a safe place. They should NOT be submitted to the state. Enterprise agreements are considered internal documents. These documents should remain confidential and should not be made public under any circumstances. The main aspects of the enterprise agreement for an LLC operating in Delaware are: Here are the following questions: -Can I assign my friend as a manager to the company to use his bank accounts for PayPal and others? – I think I should be the CEO of the company, and my friend will be a sales manager.