Lugar de Noticias Haynes and Boone

The Joint Operating Agreement: Are You Certain...?
Michael H. Cooper

This presentation provides an overview of issues to related to forming a joint operating agreement, including:

Are you certain...?

  • To answer this question, more questions (and answers) are required
  • What is the purpose of an Operating Agreement?
  • Who is/are the expert/experts in drafting Operating Agreements?
  • What form Operating Agreement should you use?
  • Of the facts, the terms of the deal among the parties?
  • Of the pre-printed provisions of the “Form Operating Agreement”?
  • That the “Form Operating Agreement” fits the facts?
  • Of the provisions of the “Form Operating Agreement” that must be revised or stricken to conform the document to the terms of the deal among the parties?
  • Of the “Other Provisions” that must be added to the “Form Operating Agreement”?

To view the presentation slides, click on the PDF linked below.

PDF - JOA_Are_You_Certain.pdf