Minnesota Operating Agreement between NBC Internet, Inc. and Velocity, Inc. The Minnesota Operating Agreement is a legal document that outlines the terms and conditions of the partnership between NBC Internet, Inc. and Velocity, Inc. This agreement is specific to the state of Minnesota and governs the operations and decision-making processes of the two entities. Keywords: Minnesota, Operating Agreement, NBC Internet, Inc., Velocity, Inc., partnership, terms and conditions, decision-making processes. Types of Minnesota Operating Agreements: 1. General Minnesota Operating Agreement: This is a comprehensive agreement that covers all aspects of the partnership between NBC Internet, Inc. and Velocity, Inc. It includes provisions related to the division of profits and losses, management responsibilities, decision-making procedures, dispute resolution mechanisms, and the duration of the agreement. 2. Financial Minnesota Operating Agreement: This type of agreement focuses primarily on the financial aspects of the partnership. It outlines the investment contributions of each party, the distribution of profits and losses, mechanisms for raising additional capital, and any financial obligations or liabilities. 3. Management Minnesota Operating Agreement: This agreement explicitly details the roles and responsibilities of each party in the partnership. It defines the decision-making authority, the appointment and removal of officers or managers, and the overall management structure of the partnership. 4. Dissolution Minnesota Operating Agreement: This agreement outlines the process and procedures for the termination of the partnership between NBC Internet, Inc. and Velocity, Inc. It covers the distribution of assets and liabilities, settling of outstanding obligations, and the winding down of operations. Remember, the specific terms and contents of the Minnesota Operating Agreement between NBC Internet, Inc. and Velocity, Inc. may vary based on the specific intentions, priorities, and circumstances of the parties involved.
Minnesota Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
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