Limited partnership agreement template pdfLimited Partnership Agreement • April 4th, 2021
Contract Type FiledApril 4th, 2021AGREEMENT OF LIMITED PARTNERSHIP This Agreement of Limited Partnership is entered into and effective as of the th day of , 199_ by and between the "General Partner" and the "Limited Partner". ARTICLE I FORMATION OF LIMITED PARTNERSHIP 1.01 PARTNERSHIP FORMATION AND PURPOSE. The parties hereto hereby form a limited partnership (the "Partnership") pursuant to the Uniform Limited Partnership Act (the "Act"). 1.02 PURPOSE. The purpose of the Partnership is to enter into exclusive recording, publishing, and songwriter agreements with musical talent, to record, publish, manufacture, and distribute phonorecords to the public for profit . The Partnership anticipates the recording, release, and promotion of at least 2 (two) long playing albums per year. The Partnership anticipates the acquisition of the copyrights for at least 50 (fifty) musical compositions per year. The Partnership shall be the sole owner of the copyrights for all musical compositions acquired by the Partnership. In addition,