Suppose a lobster wholesale business in Maine, formed by two boat owners and a buyer with a truck, with $110,000 of capital between them. Their Maine LLC operating agreement has to say what each of them owns, what they are paid out of a profit, and who has to agree before the company borrows, sells or takes a new member. Each of those is a figure, and the figures are worked from the contributions, the profit, the reserve and the thresholds the members choose. This page follows that company through its agreement's arithmetic and points at the free worksheet on this site that works the same figures from your own inputs. Nothing here is clause text, a Maine rule or a fee; the state's filing office and your attorney hold those.
Profit, reserve and distribution, worked in that order
For a lobster wholesale business in Maine, formed by two boat owners and a buyer with a truck, distributions are not profit: the company keeps a reserve first, and the members split the remainder by share. The example keeps 10% of $130,000, leaving $117,000 to distribute, of which the largest member is owed $58,500. A Maine owner entering their own profit and reserve gets their own figures on the page, with nothing stored and no account; the paid plan is only for keeping the record year on year.
A decision threshold, turned into the members it takes
The clause that says what needs a supermajority is written as a percentage, and the worksheet makes it concrete: 75% of $110,000 is $82,500 of capital that must vote yes. Read against shares of 50.0%, 27.3% and 22.7%, that names which members can carry a decision and which cannot block one. The threshold in a Maine agreement is the members' own; this page publishes no rule about where it should sit.
Who is in the Maine company, and what they put in
The members of a Maine LLC and their contributions are the first thing the agreement records and the figure every other clause depends on. On this page's example the three members put in $55,000, $30,000 and $25,000, a total of $110,000, and the worksheet returns shares of 50.0%, 27.3% and 22.7%. Members can agree a different split; if they do, the agreement records the agreed one and the worksheet works everything downstream from it.
Where a Maine agreement's rules live, and where its numbers do
Whether Maine requires a written operating agreement, what it must contain and what the state charges to form or maintain the company are questions for the Maine Secretary of State, Bureau of Corporations, named below, and for your attorney; this page publishes no rule text, no fee and no legal advice. What it does publish is the arithmetic the agreement records: the shares from the contributions, the distributions from the profit and the capital a decision needs, worked free on this site from the members' own figures, and kept against the company by LLC Lane Pro when the members want the record.
Questions people ask about maine llc operating agreement
Does a Maine LLC need an operating agreement?
Whether Maine requires one is a question for the Maine Secretary of State, Bureau of Corporations and your attorney, and this site does not answer it. What every multi-member company needs, required or not, is agreement on the shares, the distributions and the vote, which is what the free worksheet works from your own figures.
What does a Maine LLC operating agreement cost?
This site publishes no fee and no attorney's rate. The worksheet that works the agreement's numbers is free with no account; LLC Lane Pro, which keeps every company, member and agreement against the record, is one flat monthly price shown on the pricing page.
Is the worksheet a template with clause text?
No. It works the figures the clauses record: shares from capital, distributions after a reserve and the capital a major decision needs. The clause wording is your attorney's; the numbers in the blanks are the worksheet's, so they agree with each other before anyone signs.