Common Contracts
1 similar Model Partnership Agreement contracts
MODEL PARTNERSHIP AGREEMENTModel Partnership Agreement • May 20th, 2003
The partnership agreement below has been carefully written to meet the specific needs of its two partners. For example, note the manner in which the partners have agreed to share and distribute profits. They have also agreed to pay themselves a monthly salary, an amount they will agree upon yearly. Note also the extensive provisions regarding partners’ dissociations and buyouts of the partners’ interests. They have tried to anticipate every situation so that they will have an agreement covering anything that might happen. By having a well-written, comprehensive agreement, they reduce the risk that they will have expensive disagreements in the future.
