Common Contracts
1 similar Partnership Agreement contracts
Accounting Firm Partnership AgreementsPartnership Agreement • February 23rd, 2010
A four-year term is typical, though not universal, and the partnership agreement may provide for term limits, subject to supermajority override. The managing partner may be re- moved by either a vote of a ma- jority of the executive commit- tee or a supermajority vote of the partners. Generally, there does not have to be a specified reason to remove the managing partner. It is enough that the confidence in the managing partner’s lead- ership has been lost.
