Partnership Agreement Deed

Partnership Agreement Deed

This Partnership Agreement Deed ("Deed") is entered into on [date], by and between [Your Name], residing at [Your Address], and [Name of Partner 2], residing at [Partner 2's Address], collectively referred to as the "Partners".

I. Formation of Partnership

The Partners hereby agree to form a partnership ("Partnership") for the purpose of [brief description of the partnership's purpose].

II. Name and Location

The Partnership shall operate under the name of [Name of Partnership] and shall be located at [Address of Partnership]. The Partners may mutually agree to change the name or location of the Partnership by written consent.

III. Contributions

Each Partner shall contribute to the Partnership the following assets:

Partner

Contribution

Partner 1

[Description]

Partner 2

[Description]

IV. Management and Decision Making

The Partners shall have equal rights in the management and decision-making processes of the Partnership. Major decisions affecting the Partnership shall require the unanimous consent of all Partners.

V. Profits and Losses

The profits and losses of the Partnership shall be shared equally among the Partners, unless otherwise agreed upon in writing.

VI. Records and Accounting

Accurate records of the Partnership's finances and transactions shall be maintained and made available to all Partners upon request. An annual audit may be conducted at the discretion of the Partners.

VII. Dissolution

The Partnership may be dissolved by mutual agreement of the Partners or by operation of law. In the event of dissolution, the assets of the Partnership shall be distributed in accordance with the terms outlined in this Deed.

VIII. Governing Law

This Deed shall be governed by and construed in accordance with the laws of [State/Country]. Any disputes arising out of or in connection with this Deed shall be resolved through arbitration in accordance with the rules of [Arbitration Association].

IX. Signatures


[Your Name]

Date:                               



[Partner 2's Name]

Date:                               

X. Notary Section

On this [day] day of [month], [year], before me, a Notary Public in and for said County and State, personally appeared [Your Name] and [Partner 2's Name], 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]

Date:                               

My commission expires:                               

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