Download a free Florida LLC Operating Agreement. List LLC Members, how profits are split, how LLC is taxed.The agreement protects members' private assets from collection in the event of litigation or bankruptcy. During the course of the transfer, the non-compliant Member will maintain complete powers of membership in the Company. Multi-Member-Managed Operating Agreement. You can write your own agreement, or fill out our attorney-drafted template to generate your multi-member LLC's operating agreement for free. An LLC Operating Agreement is a legal document for LLC members to document how their business will be run. Download an LLC operating agreement template to establish your business as a limited liability company and establish operational procedures. Complete the fillable PDF form using your computer. An operating agreement is really the contract between the members or owners of an LLC.