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Submitted by jrminus on April 18, 2008
Category: Miscellaneous
Words: 2563 | Pages: 11
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Jellicoe and Scheer, LLP
Limited Liability Partnership Agreement
This Limited Liability Partnership Agreement (“this Agreement”), dated as of March 7, 2006 (the “Effective Date”), is by and between those persons listed on Schedule 1 hereto (each, a “Partner,” and collectively, the “Partners”).
Recitals:
Whereas, each of the Partners are licensed to practice law in the State of Illinois; and
Whereas, each of the Partners desires to form a limited liability partnership under the Illinois Revised Uniform Partnership Act, Section 1001 et seq. for conducting the general practice of law.
Now, Therefore, for good and valuable consideration, including the mutual covenants contained herein, receipt of which by each Partner being hereby acknowledged, and intending to be legally bound, the Partners hereby agree as follows:
Section 1. Name and Purpose; Limited Liability Partnership Registration
1.1. Name. The limited liability partnership (the “Partnership”) formed hereunder and governed hereby shall be known as “Jellicoe and Scheer” (the “Partnership Name”). If a Partner withdraws or is expelled from the Partnership, the name of such partner will be deleted from the Partnership Name. The partnership may continue to use the name of a deceased or retired Partner, but no compensation shall be paid for the use of such name.
1.2. Purpose. The Partnership is established for the purpose of engaging in the general practice of law and transacting all business incidental to the operation of such a limited liability partnership.
1.3. Registration for Limited Liability.
(a) Any Partner is hereby authorized to file a statement of qualification with the Secretary of State of Illinois under Section 1001 of the Illinois Uniform Partnership Act (or any successor statute) for the purposes of obtaining,...
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