Key description
- Ideal for family businesses or groups of friends working together, this document provides a good framework for setting out how the business will be run. It is slightly less formal than our standard agreement, but still includes the provisions small businesses need.
Language
Categories
Industries
Covered clausesGeneral
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Definition
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Interpretation
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Business of The Partnership
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Partnership Shares
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Partnership Property
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Capital
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Profits And Losses
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Drawings
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Loans of The Partnership
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Banking Arrangements
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Records And Accounts
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Meetings And Voting
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Holidays
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Absence
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Cars
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Insurance
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Good Faith
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Partnership Policies
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Restrictions on Partners
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Continuation of Partnership
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Expulsion
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Termination of The Partnership
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After Termination
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Counterparts
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Miscellaneous Matters