Formal Partnership Agreement Template for Belgium

1. Non-Competition: Restrictions on partners competing with the partnership - include when partners may have other business interests

2. Intellectual Property Rights: IP ownership and usage rights - include when the partnership will develop or use significant IP

3. Confidentiality: Protection of partnership secrets - include when dealing with sensitive information

4. Death of a Partner: Succession planning provisions - include when partners want specific arrangements for their interests after death

5. Force Majeure: Provisions for unforeseen circumstances - include when business is susceptible to external disruptions

6. Alternative Dispute Resolution: Mediation or arbitration procedures - include when partners prefer alternatives to court proceedings

7. Insurance: Required insurance coverage - include when specific risks need to be covered

8. Employee Management: Rules for hiring and managing employees - include when partnership will have employees

1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions

2. Schedule 2 - Profit Sharing Ratios: Specific percentages or formulas for profit distribution

3. Schedule 3 - Partnership Property: Inventory of partnership assets and property

4. Schedule 4 - Business Plan: Initial business plan and objectives

5. Schedule 5 - Management Procedures: Detailed operational and management procedures

6. Schedule 6 - Partner Contact Details: Complete contact information for all partners

7. Schedule 7 - Reserved Matters: Decisions requiring unanimous or special majority approval

8. Appendix A - Partnership Registration Documents: Copies of official registration documents

9. Appendix B - Partner Qualifications: Professional qualifications or certifications of partners where relevant