Free Notary For Partnership Agreement Template
Notary For Partnership Agreement
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I. Partnership Agreement
This Partnership Agreement ("Agreement") is entered into on April 15, 2050, by and between, [Your Name], residing at [Your Company Address], hereinafter referred to as "Partner 1", and [Name of Partner ], residing at [Address of Partner 2], hereinafter referred to as "Partner 2".
II. Purpose of Agreement
The Partners hereby agree to form a partnership for operating a sustainable agriculture business.
III. Term of Partnership
The partnership shall commence on April 15, 2050, and shall continue until terminated by mutual agreement of the Partners or as otherwise provided herein.
IV. Capital Contributions
Each Partner shall contribute the following capital to the partnership: $50,000 from Partner 1 and $30,000 from Partner 2.
V. Profit and Loss Sharing
Profits and losses of the partnership shall be allocated among the Partners by the percentage of their capital contributions.
VI. Management and Decision-Making
Management and decision-making authority of the partnership shall be shared equally between the Partners.
VII. Dissolution
In the event of dissolution of the partnership, assets shall be liquidated and liabilities settled proportionally based on each partner's capital contribution.
VIII. Governing Law
This Agreement shall be governed by and construed by the laws of [Jurisdiction].
IN WITNESS WHEREOF, the Partners have executed this Agreement as of the date first above written.
[Your Name]
[Date Signed]
[Name of Partner]
[Date Signed]
IX. Acknowledgment
On this April 15, 2050, before me, a Notary Public in and for said County and State, personally appeared [Your Name] and [Name of Partner], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged to me that they executed the same for the purposes therein contained.
[Notary Public Name]
Notary Public for the State of [State]
My commission expires: [Expiration Date]
Notary Seal
[Attach notary seal if applicable]
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