PARTNERSHIP AGREEMENT TEMPLATE
SAMPLE TEMPLATE - Review applicable local law before use.

Parties
Partner 1: [Name and address]   Partner 2: [Name and address]

Business and Purpose
Business name: [Name]   Purpose: [Describe activities]

Contributions and Ownership
Initial contributions: [Details]   Ownership percentages: [Details]

Profits, Losses and Decisions
Profit/loss allocation: [Terms]   Voting and decision rules: [Terms]

Duties and Management
Responsibilities of each partner: [Details]

Withdrawal and Transfer
Exit, retirement, transfer and buyout procedure: [Terms]

Disputes and Dissolution
Dispute process and winding-up terms: [Details]

Signatures
Partner 1: __________________ Date: ______   Partner 2: __________________ Date: ______