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Membership Interest Purchase Agreement (LLC) review

Purchase of LLC membership interests, the LLC analog to a stock purchase agreement, with tax-treatment and 754-election terms.

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What it checks

Interests conveyed and capitalization representation

Critical · MNA-101

Purchase price and working-capital adjustment

Warning · MNA-102

Tax treatment and elections

Critical · MNA-103

Operating-agreement consents and admission of the buyer

Critical · MNA-104

Indemnity, caps, baskets, and survival

Warning · MNA-105

Seller non-compete and non-solicit

Warning · MNA-106

Closing conditions and deliverables

Warning · MNA-107

Every run also applies 125 general checks that belong to any agreement: structure, parties and signatures, defined terms, cross-references, dates, amounts, and one-sided terms.

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  3. Get a Word report in which every finding quotes the clause and cites the rule and source behind it — one of 1,946 checks across 286 document types.
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