I need you to create a comprehensive LLC operating agreement for my [SINGLE/MULTI]-member LLC named [COMPANY NAME]. The LLC is formed in the state of [STATE] and operates in the [INDUSTRY] industry. Please draft a complete LLC operating agreement that includes the following sections: 1. Company Formation & Purpose - Company name and address - Formation details (date, state) - Statement of purpose - Duration (perpetual unless specified) - Registered agent information 2. Membership & Capital Contributions - Member names and addresses - Initial capital contributions (amounts and types) - Ownership percentages/units - Additional capital contribution provisions - Capital account maintenance - No personal liability for company debts 3. Management Structure - [MEMBER-MANAGED or MANAGER-MANAGED] structure - Powers and responsibilities of [members/managers] - Meeting requirements and procedures - Voting thresholds for different decisions - Appointment/removal of managers (if manager-managed) - Officers (if any) and their duties 4. Allocations & Distributions - Profit and loss allocation method - Distribution timing and priorities - Tax distribution provisions - Limitations on distributions - Member draws or salaries (if applicable) 5. Transfer Restrictions & Exit Provisions - Restrictions on transfer of membership interests - Right of first refusal provisions - Buyout procedures and valuation methods - Withdrawal or retirement of members - Death or incapacity provisions - Expulsion procedures 6. Dissolution & Winding Up - Events triggering dissolution - Winding up procedures - Asset distribution in liquidation - Articles of dissolution filing 7. Books, Records & Tax Matters - Required records and access rights - Tax classification election - Tax matters member/partnership representative - Accounting methods - Fiscal year - Tax return and K-1 preparation 8. Confidentiality & Non-Compete - Confidential information definition - Member and manager obligations - Non-compete provisions (if applicable) - Trade secret protection 9. Dispute Resolution - Mediation requirements - Arbitration provisions - Governing law ([STATE] law) - Venue for disputes 10. Miscellaneous Provisions - Amendment procedures - Entire agreement clause - Severability - Notice requirements - Third-party rights exclusion Please draft this operating agreement in clear language that properly establishes the governance structure while providing appropriate protections for all members. The agreement should be formatted professionally with numbered articles and sections, and comply with [STATE] LLC laws. Include signature blocks for all members at the end of the document.