Free operating agreement template for single member LLCs. Free sample operating agreement template you can complete in minutes.1. Review the agreement sections thoroughly. Here is a Membermanaged Operating Agreement template available in 3 formats. This can be used for a Single-Member LLC or a Multi-Member LLC. For the performance of said services, Artist shall receive a sum not to exceed. Member LLC operating agreement is a document that verifies one party to be the sole owner of a company. An LLC operating agreement is a legal document between the owners (members) of a company that governs its decisions, rules, and ownership. See What is backup withholding, later. This depends on how your LLC is structured and taxed.