Director or Manager Services means, a client or clients who are the majority shareholders or majority member certificate holders, have nominated a Director or Managing Member too oversee the Director/Manager completes their responsibilities. At ILS we are proud to offer Professional Director/Manager Services. It is important to understand that Directors/Managers have a responsibility to the shareholders/certificate holders that all legal responsibilities of the managers of the business have been reported annually and that their responsibilities according to the By-Laws/Operating Agreement have been satisfied.

Why should shareholder(s)/certificate holder(s) appoint Director(s)/Manager(s), especially when shareholder(s)/certificate holder(s) might be part of the management team? Simply put, in the event of lawsuits against an entity it is common that when a manager also appears as a Director, the manager could also be named in the lawsuit. In Nevada Shareholders/Certificate holders are held privately, however, directors/managers are public on the internet. The key to asset protection is privacy. These services provide the ultimate form of continuance of the American constitutional principal, that of a citizens right for privacy!

ILS provides Director/Manager services for their clients per the following terms:

1. Office Identity and Resident Agent services must be provided by Inc Legal Services

2. The Annual fee is $250.00

3. Additional fees for Director/Manager Activities, are $35 for the signing and forwarding of a group of documents required to be signed by the shareholders. The Director/Manager fee for all other services required by the shareholders is $65 per hour. Legal review is $125 per hour.

4. The company General Manager is required to provide the Director/Manager with an annual report to include the company has performed all functions legally per the By-Laws/Operating Agreement, and that all taxes have been paid and a copy of the first page of the corporations 1120/1540 corporate/partner tax returns will be presented in advance of presentation to IRS.

DIRECTOR SERVICES (Corp) CONTRACT

SCHEDULE A
(Successors & Assigns)

MANAGER (LLC) CONTRACT

SCHEDULE A
(Successors & Assigns)

 

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