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A partnership involves two or more individuals, groups, companies or corporations. Each partner participates in business operations and is liable for company actions. Business debts and profits pass through to the partne

 

Partnership Agreement Between Two CompaniesPartnership Agreement Between Two Companies

A partnership agreement in which each partner is a company.

This Partnership Agreement:

  • Includes a director’s guarantee for each partner company
  • Each guarantor is appointed to act exclusively on behalf of the company he or she guarantees
  • Each guarantor also guarantees the performance of its respective company in relation to the other partners in the partnership

 

CONTENTS

  • 1          Interpretation
  • 2          Commencement and term
  • 3          Premises
  • 4          Capital, assets and profits/losses of the partnership
  • 5          Drawings
  • 6          Expenses
  • 7          Bank account
  • 8          Lawyers and Accountants
  • 9          Books and accounts
  • 10       Annual accounts
  • 11       Decisions and acts of the Partners
  • 12       Insurance
  • 13       Duties of the Partners
  • 14       Restrictions on Partners
  • 15       Dispute resolution
  • 16       Winding up of the Partnership
  • 17       Notices
  • 18       Proper law
  • 19       Waivers
  • 20       Cumulative Rights
  • 21       Further Assurances
  • 22       Severability
  • 23       Guarantee and Indemnity

 

 

This Partnership Agreement between two Companies is :

  • 27 pages long

 

 

 

 

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