Name: Partnership Agreement
Availability: InStock

Partnership Agreement

We have our own corporate lawyer who will prepare the Partnership Agreement. We have made it very simple and easy. All you need to do is, filling out this step by step form, pay and submit. Our specialist will review your submitted information, will contact you if anything is missing.

Step 1 of 12

1.1 Please Select Your Province

Different provinces have different rules and regulations. Your Partnership Agreement will be customized for this province.

1.2 Partnership Name

1.3 Phone

1.4 Email

1.5 Address

Street Address City State / Province / Region ZIP / Postal Code Country

Partnership Details

2.1 What are the usual business activities of the partnership?

2.2 What is the start date for your partnership?

2.3 The partnership will continue:

2.4 Fixed Term End Date:

Partner Details / First Partner

Type:

Full Name:

Phone

Address

Same as Partnership Address

Enter Address

Street Address City State / Province / Region ZIP / Postal Code Country

Second Partner

Type:

Full Name:

Phone

Address

Same as Partnership Address

Enter Address

Street Address City State / Province / Region ZIP / Postal Code Country

3.1 Do you want to add another partner:

Third Partner

Type:

Full Name:

Phone

Address

Same as Partnership Address

Enter Address

Street Address City State / Province / Region ZIP / Postal Code Country

3.2 Do you want to add another partner:

Fourth Partner

Type:

Full Name:

Phone

Address

Same as Partnership Address

Enter Address

Street Address City State / Province / Region ZIP / Postal Code Country

3.3 Do you want to add another partner:

Fifth Partner

Type:

Full Name:

Phone

Address

Same as Partnership Address

Enter Address

Street Address City State / Province / Region ZIP / Postal Code Country

Partner Details / Primary Partner Contributions

Describe all contributions made by this partner:

What is the total value of this partner's contributions?

Second Partner Contributions

Describe all contributions made by this partner:

What is the total value of this partner's contributions?

Third Partner Contributions

Describe all contributions made by this partner:

What is the total value of this partner's contributions?

Fourth Partner Contributions

Describe all contributions made by this partner:

What is the total value of this partner's contributions?

Fifth Partner Contributions

Describe all contributions made by this partner:

What is the total value of this partner's contributions?

Profit and Loss

4.1 How will your profits and losses be distributed?

First partner's share of profit or loss

Second partner's share of profit or loss

Third partner's share of profit or loss

Fourth partner's share of profit or loss

Fifth partner's share of profit or loss

Remember: The total for all partners should equal 100.00%

New Partners

4.2 Will your partnership allow new partners in future?

What is required to admit a new partner?

Partner Wants to Leave

4.3 What is the notice period required before a partner can withdraw?

4.4 Will your partnership dissolve on withdrawal of any partner?:

After a partner leaves, that partner cannot compete against your partnership for:

Dissolving the Partnership

4.5 What vote is required to dissolve your partnership?

4.6 How will assets be distributed when winding up your partnership?

First partner's dissolution share:

Second partner's dissolution share:

Third partner's dissolution share:

Fourth partner's dissolution share:

Fifth partner's dissolution share:

Remember: The total for all partners should equal 100.00%

Accounting / Partner Compensation

5.1 Will the partners receive compensation for work done for the partnership?

Compensation would be in addition to a share of the profits.

5.2 What is your fiscal year end?

5.3 In addition to the federal income tax report, what other reports do you want to include in your annual report to partners?

Supporting income statement

Balance sheet

Cash flow statement

Profit and loss summary

Management

6.1 Who will be responsible for the day-to-day management of your partnership?

Major issues would still be determined with a vote of the partners.

6.2 Who will be the managing partner?

Major issues would still be determined with a vote of the partners.

6.3 If necessary, how will you remove a managing partner?

Major issues would still be determined with a vote of the partners.

Management / Voting

6.4 How will partnership votes be determined?

6.5 What vote will be required to make financial decisions?

6.6 What vote will be required to make business decisions?

6.7 Who can bind your partnership in contract?

6.8 Percent vote to bind partners in contract:

Management / Partner Meetings

6.9 When will regular meetings be held?

6.10 Who can request special meetings?

Management / Unanimous Consent

6.11 Which decisions will require the consent of all partners?

Who can sign company cheques.

Assume new debts over a certain amount.

Assume new expenses over a certain amount.

Sell a partnership asset over a certain value.

Hire new employees where salary is over a certain amount.

Fire employees.

Release partnership claims except for payment in full.

Decisions affecting the unusual use or lending of partnership equipment.

Additional Clauses

7.1 Do you want to include any additional terms or information?

No additional terms are needed for most agreements.

- First Additional Clause

7.2 Do you want add another Additional Clause

- Second Additional Clause

7.3 Do you want add another Additional Clause

- Third Additional Clause

7.4 Do you want add another Additional Clause

- Forth Additional Clause

7.5 Do you want add another Additional Clause

- Fifth Additional Clause

Sign & Witness

8.1 When will your agreement be signed?

- Date

8.2 Are witness signatures needed?

Total Payment:

Price:

Final Review

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Partnership Agreement

Partnership Details

Partner Details / First Partner

Second Partner

Third Partner

Fourth Partner

Fifth Partner

Partner Details / Primary Partner Contributions

Second Partner Contributions

Third Partner Contributions

Fourth Partner Contributions

Fifth Partner Contributions

Profit and Loss

New Partners

Partner Wants to Leave

Dissolving the Partnership

Accounting / Partner Compensation

Management

Management / Voting

Management / Partner Meetings

Management / Unanimous Consent

Additional Clauses

Sign & Witness

Final Review

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