HUSBAND
AND WIFE-TERMINATION BY DIVORCE
As
a legally binding addendum and amendment to our Operating Agreement for
______________________________________________________ (Name of LLC), dated ________________, we,
________________________________ and ____________________________________ (Names), submit the following:
This
Agreement is effective and shall continue until such time as the husband and
wife are separated or divorced by law. In the event the members are separated or divorced, this Agreement
will be terminated, and any and all assets will be divided equally, and any
rights to property will also be divided equally.
___________________________ ____________________
Member
Date
___________________________ ____________________
Member
Date
___________________________ ____________________
Witness
Date