Partnership agreement -set % -3 partners-new p'ship-no

Simple contract. Any State. This partnership agreement is for 3 partners in a new partnership. It contains different levels of initial investment and continuing obligations and benefits derived from that initial investment. It seeks to keep the relative proportions of profit/loss/contibution/drawing of each partner the same as a set percentage throughout the life of the partnership. This often happens where an initial contribution, or an invention or a special expertise etc. requires a particular partner to be recognised throughout the life of the partnership. It deals with possible retirement of a partner but has little to say about death except some simple terms for dealing with the executor of the will and trustee of the deceased partner's estate.

Document: 
L-3105Partne_0.doc
Price: 
AUD $44.00
No. of pages: 
7

Partnership agreement for 3 partners in a new partnership.

Pay-per-Download - Free to members
Reference: 
L-3105