Common Contracts
2 similar Professional Partnership Agreement contracts
SPECIMEN PROFESSIONAL PARTNERSHIP AGREEMENTProfessional Partnership Agreement • February 19th, 2021
This Specimen Agreement illustrates the buy-sell arrangement on the withdrawal of a partner from a professional partnership in certain circumstances whereby the other partners will purchase the partnership interest of the withdrawing partner using borrowed funds that are collaterally secured by life insurance polices on the lives of the partners and held as partnership property.
Standard Contracts
SPECIMEN PROFESSIONAL PARTNERSHIP AGREEMENTProfessional Partnership Agreement • August 2nd, 2020
This Specimen Agreement illustrates the buy-sell arrangement on the withdrawal of a partner from a professional partnership in certain circumstances whereby the other partners will purchase the partnership interest of the withdrawing partner using borrowed funds that are collaterally secured by life insurance polices on the lives of the partners and held as partnership property.
