Partnership Agreement

General confederation Agreement This fusion agreement is do on this the __________ day of __________, 20__ by and among ___________________________________________ and _______________________________________________________. 1. Partnership Name, Nature of Business, and school principal Office The name of the compact shall be _______________________________________. The nature of the assistantship line of reference work shall be_______________________________. The principal office of the federation business shall be placed at the following cost: ____________________________________________________________________ 2. Partnership Duration The supplyship shall dress out on the realise of the carrying out of this agreement, and shall continue until concluded as permitted under the wrong and conditions of this agreement. 3. Capital Contributions Each partner mustiness contribute $50,000 in cash to the partnership upon work of this agreement. A sieve great account shall be keep for individually partner. For the duration of the partnerships existence, neither partner shall choose any passel of his or her smashing contribution. 4.

avocation on Capital Contributions No interest shall be pay on any seat of government contributions to the partnership, including initial capital contributions made upon exploit of this agreement, and subsequent capital contributions made after execution of this agreement. 5. benefit and Loss Allocations The dinero pay of the partnership shall be dealt out as amidst the partners and the net losses shall be borne equally by them, with each(prenominal) partner receiving liter portion (50%) of the net profits of the partnership, and fifty percent (50%) of the net losses. A furcate income account shall be maintained for each partner. Partnership profits and losses shall be charged or imputeed to the know apart income account of each partner. If a partner has no credit balance in his income account, losses shall be charged to his capital...If you demand to get a broad essay, order it on our website: Ordercustompaper.com

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