Partnership Agreement

Purpose: This Partnership Agreement outlines the terms, responsibilities, and profit-sharing arrangements between the involved business partners. This document is crucial for establishing a clear understanding of each partner's duties and the nature of the partnership.

1. Parties

This Partnership Agreement is made between the following parties:

{#partners}

• Partner Name: {fullName}, Address: {address}, Email: {email}

{/partners}

2. Name and Purpose of the Partnership

The name of the business partnership shall be {partnershipName}.

The purpose of the partnership is to {partnershipPurpose}.

3. Commencement and Duration

This partnership shall commence on {startDate} and shall continue until {endDate} unless terminated earlier by the terms outlined herein.

4. Capital Contributions

Each Partner has contributed the following amounts toward the partnership:

5. Profit and Loss Distribution

Profits and losses shall be distributed as follows:

6. Roles and Responsibilities

Each Partner will be responsible for the following roles and duties:

7. Decision-Making Process

Major decisions shall be made based on the following procedure:

{decisionMakingProcess}

8. Banking and Financial Matters

Partnership funds shall be maintained at the following bank:

Bank Name: {bankName}

Account Number: {accountNumber}

All expenses and income shall be recorded and accessible to all partners.

9. Meetings

Regular partnership meetings shall be held with the following frequency: {meetingFrequency}

Additional meetings may be called upon request by any partner.

10. Withdrawal or Addition of Partners

Any partner may withdraw subject to the terms outlined herein. New partners may be added only with unanimous agreement of existing partners.

{withdrawalPolicy}

11. Dispute Resolution

Any disputes arising from this agreement will be resolved in the following manner:

{disputeResolution}

12. Termination

This agreement may be terminated under the following conditions:

{terminationConditions}

13. Signatures

By signing below, the partners accept the terms of this Partnership Agreement: