You can use one of our attorney-drafted templates to fill out, save, and download your operating agreement for free. Your Contract Lawyer can assist in drafting or reviewing your operating agreement contract.An LLC operating agreement is a foundational legal document that outlines the ownership and corporate governance of a limited liability company. The Operating Agreement establishes the rights and responsibilities of the members and, generally, your basic business or purpose statement. Choose a unique name. An operating agreement outlining the ownership structure, management rules, and other vital company information is a key document for your LLC. Download this free LLC Operating Agreement for a multi-member LLC in California. This guide will walk you through the entire process, stepbystep, for forming your California LLC. An LLC operating agreement is one that LLC members use to govern their business. You can make yours for free, send it, and store it here with Contractbook.