Use our manager-managed LLC operating agreement template, covering all crucial aspects from organization to dissolution and compliance with regulations. An LLC Operating Agreement is a legal document for LLC members to document how their business will be run.The following information has been developed to answer your questions regarding formation of an LLC and to assist in the filing of the Articles of Organization. Create and personalize your LLC operating agreement template with Form Pros in 3 easy steps. Fill out the document with the LLC's name, purpose, and contact information. Include a copy of the LLC operating agreement with the filing. An LLC agreement considers the formation of a "board" or "board of managers", how managers or managing members are selected, and who can appoint them.