Partnership Agreement

A partnership agreement is a legal document that defines the terms and conditions of a business partnership between two or more individuals or entities. A partnership agreement can include the following information:

• The name and purpose of the partnership
• The names and addresses of the partners
• The capital contributions and ownership shares of each partner
• The profit and loss distribution and accounting methods of the partnership
• The roles and responsibilities of each partner

• The decision-making and voting procedures of the partnership
• The admission and withdrawal of partners
• The dissolution and termination of the partnership
• The dispute resolution and arbitration mechanisms of the partnership