In the first segment, "Anatomy of an LLC Operating Agreement," we will go through a sample agreement and highlight the practical business and legal issues involved, including scope of business, duties of members to each other, management, capitalization, and transfer restrictions. In the second segment, "Shareholder Buy-Sell Agreements," we will review various corporate provisions, focusing on various buy-sell triggers, approaches to setting a sale price, payment terms, using life insurance to fund a purchase, and (where applicable) provisions to protect a corporation's S election.

Includes a Happy Hour

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