Silent partnership agreement template wordSilent Partnership Agreement • October 16th, 2023
Contract Type FiledOctober 16th, 2023This Silent Partnership Agreement (herein, the "Agreement") is made and entered into by and between:[Partner1.FirstName][Partner1.LastName] (herein, the "Partner 1"), with a mailing address of [Partner1.StreetAddress], [Partner1.City], [Partner1.State][Partner1.PostalCode], and [Partner2.FirstName][Partner2.LastName] (herein, the "Partner 2"), with a mailing address of [Partner2.StreetAddress], [Partner2.City], [Partner2.State][Partner2.PostalCode], each a party, collectively referred to herein as the "Partners," on [Document.CreatedDate].The purpose of this Agreement is to lay out the silent partnership's terms and conditions between Partner 1 and Partner 2, in which Partner 1 will contribute (insert number)% of the capital and Partner 2 will contribute (insert number)% of the capital for (insert purpose of partnership).Partner 1 shall contribute $(insert amount) in capital to the partnership, and Partner 2 shall contribute $(insert amount) in capital to the partnership.
Silent partnership agreement pdfSilent Partnership Agreement • June 17th, 2023
Contract Type FiledJune 17th, 2023SILENT PARTNERSHIP AGREEMENT WHEREAS, the Partners desire to enter into a business partnership; WHEREAS, the Silent Partner(s) showed an interest in joining the business venture silently and the General Partner(s) has accepted this partnership proposal; NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and conditions contained in this Agreement, the Partners to this Agreement agree to the following: . PARTNERSHIP NAME, PLACE, AND BUSINESS The business partnership will be known as (the "Partnership"). However, the business of the Partnership may be conducted, in compliance with all applicable laws, under any other name determined to be appropriate or advisable by the General Partner(s). The Partnership's primary place of business will be , , , . The Partnership's primary purpose is . TERM The Partnership shall commence on the Effective Date and shall continue thereafter until . Contribution(s) will be submitted no later than . . INTEREST ON CONTRIBUTIONS No P