Template for Partnership Agreement

A partnership agreement is a legal document that outlines the rights, responsibilities, and obligations of partners entering a business partnership. It establishes the terms of the relationship, including contributions, profit-sharing,... read more

Partnership Agreement Template

Date: Effective Date


Parties:


Partner 1: Partner 1 - Name

Address: Partner 1 - Address

Email: Partner 1 - Email Address


Partner 2: Partner 2 - Name

Address: Partner 2 - Address

Email: Partner 2 - Email Address

Name and Purpose

The partnership shall be conducted under the name Partnership Name and shall engage in Business Purpose.

Contributions

Each partner will contribute the following:


Partner 1: Partner 1 - Contributions


Partner 2: Partner 2 - Contributions

Profit and Loss Distribution

Profits and losses will be shared equally, unless otherwise agreed in writing.

Decision Making

Decisions will be made by Terms - Decision Making, with each partner having Terms - Voting Rights voting rights.

Management Duties

Responsibilities of each partner are as follows:


Partner 1: Partner 1 - Management Duties


Partner 2: Partner 2 - Management Duties

Withdrawal or Death

In the event of a partner's withdrawal or death, the remaining partner(s) may Terms - Withdrawal or Death Termination.

Dispute Resolution

Disputes will be resolved through Terms - Dispute Resolution.

Governing Law

This agreement shall be governed by the laws of Governing Law - State/Country.

Amendments

Any amendments to this agreement must be made in writing and signed by all partners.

Entire Agreement

This document represents the entire agreement between the parties and supersedes all prior discussions.


Signatures:


Partner 1 Signature: ___________________________

Date: Effective Date


Partner 2 Signature: _______________________

Date: Effective Date

Customize the contract by updating the variables below.

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