Partnership Agreement

Partner Details

First Partner

Type:

Individual Business entity

Name:

Address:

(e.g. Street, City, State and Zipcode)

First Partner

Type:

Individual Business entity

Name:

Address:

(e.g. Street, City, State and Zipcode)

Add another Partner

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Partner Contributions

Provide a description of each Partner's capital contributions

Partner #1

Describe all contributions made by this Partner:

What is the total value of this Partner's contributions?

$

Partner #1

Describe all contributions made by this Partner:

What is the total value of this Partner's contributions?

$

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Profit and Loss

How will your profits and losses be distributed?

Equal share In proportion to capital contributions Fixed percent

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New Partners

Will your Partnership allow new Partners in future?

Yes No

What is required to admit a new Partner?

Majority vote Unanimous vote

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When a Partner Wants to leave

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Dissolving the Partnership

What vote is required to dissolve your Partnership?

Majority vote Unanimous vote (recommended)

How will assets be distributed when winding up your Partnership?

Equal share for each Partner In proportion to capital contributions Fixed percent

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Partner Details

First Partner

Type:

First Partner

Type:

Partner Contributions

Provide a description of each Partner's capital contributions

Partner #1

Describe all contributions made by this Partner:

What is the total value of this Partner's contributions?

Partner #1

Describe all contributions made by this Partner:

What is the total value of this Partner's contributions?

Profit and Loss

How will your profits and losses be distributed?

What is each Partner's share of profit or loss?

Partner #1's profit/loss share:

Partner #1's profit/loss share:

New Partners

Will your Partnership allow new Partners in future?

What is required to admit a new Partner?

When a Partner Wants to leave

What is the notice period required before a Partner can withdraw?

Will your Partnership dissolve on withdrawal of any Partner?

After a Partner leaves, that Partner cannot compete against your Partnership for:

Dissolving the Partnership

What vote is required to dissolve your Partnership?

How will assets be distributed when winding up your Partnership?

What percent of the final dissolution distribution will each Partner receive?

Partner #1's dissolution share:

Partner #1's dissolution share:

Frequently Asked Questions