Common Contracts
1 similar Partnership Dissolution Agreement contracts
Partnership dissolution agreement templatePartnership Dissolution Agreement • January 1st, 2022
An association dissolution agreement is a document used by two or more associates who are in a business association jointly to terminate the association. This Agreement creates a plan to complete an inventory of the Collaborating Associations' stocks, settle the obligations and debts of the Association and distribute any remaining assets of the Association to the Associates. By formally dissolving the Association, the Members may ensure that they are no longer individually liable for the debts of the Association and no Member may bind the other Members to any commercial agreement without the knowledge or agreement of the other Members. A dissolution agreement may be especially useful if the Association has been operating without an association agreement or if the existing Association Agreement does not provide terms and conditions for terminating the association. By creating a clear timeline, defining roles and responsibilities for each of the Associates and explaining in detail the di
