LLC Agreement: Deadlock (with Mediation) | Practical Law

LLC Agreement: Deadlock (with Mediation) | Practical Law

A standard deadlock provision in an LLC agreement which contemplates mediation as the deadlock resolution procedure. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

LLC Agreement: Deadlock (with Mediation)

Practical Law Standard Clauses 2-383-9943 (Approx. 12 pages)

LLC Agreement: Deadlock (with Mediation)

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A standard deadlock provision in an LLC agreement which contemplates mediation as the deadlock resolution procedure. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.