Partnership Agreements

Download Partnership Agreements in word format.

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Partnership Agreement (simple)

A Simple Partnership Agreement is necessary as a foundation of your business partnership.  This agreement ensures that your interests, and that of your partners, protected. Apart from reflecting clearly what business terms the partners agree on, this agreement also provides guidance to mediate any disputes that may arise

An agreement that covers off all the essentials.

Clauses cover:

  • Commencement
  • Place of business
  • Business Names
  • Retirement of partners
  • Equal shares
  • Capital
  • Further capital
  • Partnership Asset
  • Bank
  • Bank account
  • Outgoings and expenses
  • Net profits
  • Duties of partners
  • Execution of documents
  • Personal debts
  • Financial records
  • Annual and quarterly accounts
  • Dissolution of partnership
  • Death of partner
  • Assignment
  • Dispute resolution
  • Notices
  • SCHEDULE contains
    • Date of agreement
    • Parties
    • Commencement of partnership
    • Name of partnership
    • Address of partnership business
    • Description of partnership business

7 pages long.

 

 

 

 

 

 

Partnership Agreement Between Two Companies

also a Partnership Deed

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

 

 

 

 

 

 

Partnership Agreement Between Two Companies

also a Partnership Deed

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

 

 

 

 

 

 

Partnership Agreement Between Trustees

A partnership agreement between trustees including natural persons and family trusts as parties.

This agreement:
 May be adopted by an existing partnership that is already trading
 Family trusts of each partner are included as parties and may share in partnership profits. This allows maximum flexibility in terms of minimising tax and incoming distribution

This Partnership Agreement Between Trustees Includes:-

  • 1. INTERPRETATION
  • DURATION
  • NAME NATURE AND CONDUCT OF BUSINESS
  • PRINCIPALS
  • PLACE OF BUSINESS
  • CAPITAL
  • GOODWILL
  • LOANS TO AND BY PARTNERS
  • SHARE OF PROFITS AND LOSSES
  • LEAVE ENTITLEMENTS
  • DUTIES OF PARTNERS
  • PROHIBITIONS OF PARTNERS AND PRINCIPAL
  • ACCOUNTS AND FINANCIAL RECORDS
  • ANNUAL ACCOUNTS
  • BANKING
  • INSURANCE
  • PARTNER LIABILITIES
  • ILLNESS AND INCAPACITY
  • PARTNERSHIP MEETINGS
  • ADMISSION OF NEW PARTNERS.
  • RETIREMENT
  • DEATH BANKRUPTCY AND INSOLVENCY OF A PARTNER
  • EXPULSION OF A PARTNER
  • RESTRAINT ON PRINCIPALS
  • SALE OF PARTNERSHIP INTERESTS/RIGHTS OF FIRST REFUSAL
  • MAJORITY SALE
  • CHANGE IN CONTROL OF PARTNER
  • AMENDMENT
  • DISSOLUTION
  • ARBITRATION OF DISPUTES
  • NOTICES
  • SPECIAL RESOLUTION
  • FIRST SCHEDULE
  • SECOND SCHEDULE
  • THIRD SCHEDULE

 

 

 

 

 

WE ALSO RECOMMEND THE FOLLOWING ATTACHMENTS or SEARCH

sale of business agreeme

Service Agreement

Sale of Shares

company consitutions

Restraint of Trade

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