The Startup Business Partnership Agreement is a foundational document used when two or more individuals or entities come together to establish a startup venture in Australia. This agreement is essential at the early stages of business formation, particularly when founders are establishing their formal working relationship and business structure. It addresses critical aspects specific to startup operations, including intellectual property rights, technology development, capital raising, and growth strategies. The document ensures compliance with Australian partnership law while providing flexibility for future business evolution. It's particularly crucial for protecting all parties' interests, establishing clear governance structures, and setting expectations for both current operations and future scenarios such as exits or additional investment rounds.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification and details of all founding partners entering the agreement
2. Background: Context of the partnership formation, business purpose, and shared vision
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Partnership Structure: Legal form of partnership, business name, and registered address
5. Capital Contributions: Initial and ongoing capital contributions from each partner, valuation methods, and timing
6. Ownership and Profit Sharing: Partnership interests, profit/loss allocation, and distribution policies
7. Management and Decision Making: Governance structure, voting rights, and decision-making processes
8. Partners' Duties and Obligations: Roles, responsibilities, commitments, and performance expectations of each partner
9. Intellectual Property: Ownership, protection, and management of IP created before and during the partnership
10. Confidentiality: Protection of confidential information and trade secrets
11. Non-Competition and Non-Solicitation: Restrictions on competing activities and solicitation of employees/customers
12. Financial Management: Banking, accounting practices, financial records, and reporting requirements
13. Addition of New Partners: Process and terms for admitting new partners
14. Exit Provisions: Terms for partner withdrawal, retirement, or death
15. Dispute Resolution: Process for resolving conflicts between partners
16. Dissolution: Circumstances and procedures for partnership dissolution
17. General Provisions: Governing law, notices, amendments, and other standard clauses
1. Employee Stock Option Pool: Include when planning to offer equity incentives to future employees
2. International Operations: Include when business operations extend beyond Australia
3. Technology Development: Include for tech startups with specific development milestones and responsibilities
4. External Investment: Include provisions for accepting future venture capital or angel investment
5. Founder Vesting: Include when implementing vesting schedules for founder equity
6. Related Party Transactions: Include when partners have other business interests that may interact with the partnership
7. Social Media and Public Relations: Include when specific protocols for public communications are needed
8. Environmental and Social Responsibility: Include for startups with specific sustainability or social impact goals
1. Schedule A - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions, including cash, assets, and intellectual property
2. Schedule B - Ownership Structure: Detailed breakdown of partnership interests and any special rights attached
3. Schedule C - Business Plan: Initial business plan including market analysis, strategy, and financial projections
4. Schedule D - Intellectual Property Register: Comprehensive list of all IP owned by or licensed to the partnership
5. Schedule E - Partner Contact Details: Full contact information and designated representatives for each partner
6. Schedule F - Approved Budget: Initial operating budget and capital expenditure plans
7. Appendix 1 - Conflict Resolution Procedures: Detailed procedures for handling various types of partnership disputes
8. Appendix 2 - Management Protocols: Specific procedures for day-to-day management and decision-making
Relevant legal definitions
Agreement
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Default Event
Effective Date
Encumbrance
Financial Year
Founding Partners
GST
Initial Capital
Intellectual Property
Management Committee
Material Change
Net Profit
Partnership
Partnership Assets
Partnership Interest
Pre-Existing IP
Profit Share
Related Body Corporate
Related Party
Relevant Interest
Reserved Matters
Share
Special Resolution
Startup IP
Term
Territory
Transfer
Valuation
Venture Capital Investment
Working Capital
Exit Event
Founder Vesting Period
Good Leaver
Bad Leaver
Investment Round
Key Performance Indicators
Material Contract
Ordinary Resolution
Partnership Property
Qualifying Exit Event
Restricted Activities
Strategic Decision
Technology
Third Party Rights
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Default Event
Effective Date
Encumbrance
Financial Year
Founding Partners
GST
Initial Capital
Intellectual Property
Management Committee
Material Change
Net Profit
Partnership
Partnership Assets
Partnership Interest
Pre-Existing IP
Profit Share
Related Body Corporate
Related Party
Relevant Interest
Reserved Matters
Share
Special Resolution
Startup IP
Term
Territory
Transfer
Valuation
Venture Capital Investment
Working Capital
Exit Event
Founder Vesting Period
Good Leaver
Bad Leaver
Investment Round
Key Performance Indicators
Material Contract
Ordinary Resolution
Partnership Property
Qualifying Exit Event
Restricted Activities
Strategic Decision
Technology
Third Party Rights
Clauses
Interpretation
Formation of Partnership
Term and Renewal
Capital Contributions
Ownership Structure
Profit and Loss Sharing
Management Rights
Decision Making
Partner Duties
Intellectual Property Rights
Technology Development
Confidentiality
Non-Competition
Non-Solicitation
Financial Management
Banking Arrangements
Accounting and Records
Tax Matters
GST Compliance
Addition of Partners
Transfer Restrictions
Founder Vesting
Investment Rounds
Exit Provisions
Death or Incapacity
Termination
Default Events
Force Majeure
Dispute Resolution
Mediation
Arbitration
Partnership Property
Business Name and Branding
Employee Matters
Insurance
Indemnification
Representations and Warranties
Further Assurance
Notices
Assignment
Amendment
Severability
Governing Law
Entire Agreement
Formation of Partnership
Term and Renewal
Capital Contributions
Ownership Structure
Profit and Loss Sharing
Management Rights
Decision Making
Partner Duties
Intellectual Property Rights
Technology Development
Confidentiality
Non-Competition
Non-Solicitation
Financial Management
Banking Arrangements
Accounting and Records
Tax Matters
GST Compliance
Addition of Partners
Transfer Restrictions
Founder Vesting
Investment Rounds
Exit Provisions
Death or Incapacity
Termination
Default Events
Force Majeure
Dispute Resolution
Mediation
Arbitration
Partnership Property
Business Name and Branding
Employee Matters
Insurance
Indemnification
Representations and Warranties
Further Assurance
Notices
Assignment
Amendment
Severability
Governing Law
Entire Agreement
Relevant Industries
Technology
E-commerce
Financial Services
Healthcare
Renewable Energy
Professional Services
Software Development
Biotechnology
Digital Media
Education Technology
Manufacturing
Retail
Consulting
Environmental Services
AgTech
Relevant Teams
Legal
Executive Leadership
Corporate Development
Finance
Operations
Strategy
Governance
Compliance
Business Development
Investment
Relevant Roles
Founder
Co-Founder
CEO
CTO
CFO
COO
Business Development Director
Legal Counsel
Startup Lawyer
Company Secretary
Partnership Manager
Investment Manager
Venture Capital Associate
Business Angel
Strategic Planning Director
Innovation Manager
Find the exact document you need
Precedent Partnership Agreement
Australian Partnership Agreement template for establishing and governing business partnerships, compliant with Australian partnership laws and regulations.
find out more
Limited Partnership Subscription Agreement
An Australian-law governed agreement for investing in a limited partnership as a Limited Partner, setting out subscription terms and regulatory compliance requirements.
find out more
Budget Partnership Agreement
An Australian legal agreement establishing terms for joint budget management and financial collaboration between partners.
find out more
Limited Partners Agreement
An Australian legal agreement establishing a limited partnership structure between managing General Partners and investing Limited Partners, governed by Australian partnership law and regulations.
find out more
Domestic Partner Agreement
An Australian law-governed agreement establishing rights and obligations between domestic partners, including financial and personal arrangements.
find out more
Partnership Agreement Between Two Companies
An Australian legal agreement establishing a business partnership between two companies, governed by federal and state partnership laws.
find out more
Simple Collaboration Agreement
An Australian law-governed agreement establishing terms and conditions for collaboration between multiple parties, defining roles, responsibilities, and mutual obligations.
find out more
Non Binding Partnership Agreement
An Australian jurisdiction document that outlines intended partnership arrangements between parties while maintaining a non-binding legal status.
find out more
Letter Of Intent Partnership Agreement
An Australian-compliant preliminary document outlining intended partnership terms and conditions, serving as a framework for negotiating a formal partnership agreement.
find out more
Letter For Partnership Agreement
An Australian-compliant formal letter establishing a business partnership arrangement, outlining key terms and conditions in a concise, personal format.
find out more
Salaried Partnership Agreement
An Australian law-governed agreement establishing the terms for appointing a salaried partner, defining their rights, responsibilities, and relationship with the partnership.
find out more
Brand Partnership Contract
An Australian law-governed agreement establishing terms and conditions for brand collaboration between parties, including IP rights, marketing obligations, and compliance requirements.
find out more
Social Media Partnership Agreement
An Australian-compliant agreement governing social media marketing partnerships between businesses and influencers, addressing content, compensation, and regulatory requirements.
find out more
Partnership License Agreement
An Australian-law governed agreement establishing partnership terms and licensing arrangements between parties, including rights usage and revenue sharing structures.
find out more
Formal Partnership Agreement
An Australian-law governed agreement establishing the terms and conditions between business partners, including rights, responsibilities, and operational procedures.
find out more
Buy Sell Agreement Between Business Partners
An Australian-compliant agreement establishing terms for business ownership transfers between partners, including valuation methods and triggering events.
find out more
Technology Partnership Agreement
An Australian law-governed agreement establishing terms and conditions for technology-related partnerships between organizations, covering IP rights, data protection, and operational procedures.
find out more
Startup Partnership Agreement
An Australian law-governed agreement establishing partnership terms between startup founders, covering ownership, management, and operational framework.
find out more
Software Partnership Agreement
An Australian-law agreement establishing a partnership for software development, distribution, or commercialization, covering technical, commercial, and legal aspects of the collaboration.
find out more
Software Partner Agreement
An Australian-law governed agreement establishing a business partnership between a software provider and their partner for software distribution or implementation services.
find out more
Sponsorship Partnership Agreement
An Australian law-governed agreement establishing sponsorship partnership terms, rights, and obligations between sponsor and recipient.
find out more
Simple 50 50 Partnership Agreement
An Australian-compliant agreement establishing a 50-50 partnership between two parties, defining equal rights, responsibilities, and profit sharing arrangements.
find out more
Simple Partnership Dissolution Agreement
An Australian law-governed agreement that formally dissolves a business partnership and sets out terms for winding up partnership affairs.
find out more
Simple Limited Partnership Agreement
An Australian legal agreement establishing a limited partnership structure with defined roles for general and limited partners, including capital contributions and management rights.
find out more
Revenue Share Partnership Agreement
An Australian-law governed agreement establishing terms for business partners to share revenue from joint business activities, including calculation methods and partnership obligations.
find out more
Restaurant Profit Sharing Agreement
An Australian-compliant agreement establishing profit-sharing arrangements between parties in a restaurant business, outlining financial distribution and operational responsibilities.
find out more
Real Estate Limited Partnership Agreement
An Australian-law governed agreement establishing a limited partnership structure for real estate investments, defining partner relationships and operational parameters.
find out more
Real Estate Joint Venture Agreement
An Australian law-governed agreement establishing a joint venture between parties for real estate investment, development, or management purposes.
find out more
Profit Sharing Ratio Partnership Agreement
An Australian law-governed agreement establishing partnership terms and profit-sharing arrangements between partners, including operational and financial frameworks.
find out more
Preliminary Partnership Agreement
An Australian-law governed agreement establishing preliminary terms and conditions between potential business partners while they evaluate a formal partnership arrangement.
find out more
Preferred Partnership Agreement
An Australian law-governed agreement establishing a preferred partnership arrangement between entities, defining preferential business terms and mutual obligations.
find out more
Pre Partnership Agreement
An Australian law-governed agreement that establishes terms and conditions for parties exploring a potential business partnership, protecting all parties during the preliminary phase.
find out more
Partnership Non Disclosure Agreement
An Australian-law governed Non-Disclosure Agreement for protecting confidential information in partnership arrangements.
find out more
Partnership Framework Agreement
An Australian law-governed agreement establishing the framework for business partnerships, including key terms, management structure, and partner obligations.
find out more
Partnership Contract Agreement
An Australian-law governed agreement establishing a formal partnership structure, defining partners' rights, responsibilities, and operational framework.
find out more
Partnership Buy In Agreement
An Australian law-governed agreement facilitating the admission of a new partner into an existing partnership, outlining buy-in terms, rights, and obligations.
find out more
Partner Exit Agreement
An Australian-compliant agreement governing a partner's exit from a partnership, including financial settlements, obligations, and post-exit arrangements.
find out more
Nonprofit Partnership Agreement
An Australian law-governed agreement establishing a formal partnership between nonprofit organizations, outlining collaboration terms and regulatory compliance requirements.
find out more
Non Equity Partner Agreement
An Australian legal agreement establishing the terms and conditions for non-equity partners in professional firms, defining their rights and responsibilities without equity ownership.
find out more
Memorandum Of Understanding Between Two Partners
An Australian law-compliant Memorandum of Understanding template for establishing partnership intentions between two parties while maintaining a non-binding nature.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)