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1. Parties: Identification of all partners/shareholders and their contact details
2. Background: Context of the partnership formation and business objectives
3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation
4. Partnership Structure: Legal structure, business name, registered office, and nature of business
5. Capital Contributions: Initial and ongoing capital contributions, valuation methods
6. Shareholding Structure: Share classes, rights, and ownership percentages
7. Management and Decision Making: Governance structure, voting rights, and decision-making processes
8. Partners' Duties and Obligations: Responsibilities, commitments, and conduct requirements
9. Profit and Loss Distribution: Formula for sharing profits and losses, dividend policy
10. Transfer of Shares: Rules for transferring ownership interests, including right of first refusal
11. Death or Incapacity: Procedures following death or incapacity of a partner
12. Termination and Exit: Conditions for termination and exit procedures
13. Dispute Resolution: Process for resolving conflicts, including mediation and arbitration
14. Confidentiality: Protection of business information and trade secrets
15. General Provisions: Miscellaneous legal provisions including notices, amendments, and governing law
1. Non-Competition: Restrictions on competing activities, used when partners might have other business interests
2. Intellectual Property: IP ownership and usage rights, essential for technology or creative businesses
3. Tag-Along Rights: Minority shareholder protection allowing them to join in sale of majority stakes
4. Drag-Along Rights: Majority shareholder right to force minority participation in sale
5. Put and Call Options: Rights to force sale or purchase of shares under specific conditions
6. Emergency Succession Planning: Detailed procedures for unexpected leadership changes
7. International Operations: Provisions for cross-border activities if the partnership operates internationally
8. Employee Share Schemes: Framework for employee share ownership if applicable
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial and subsequent capital contributions
2. Schedule 2: Shareholding Structure: Complete share allocation table and share class rights
3. Schedule 3: Business Plan: Initial business plan and strategic objectives
4. Schedule 4: Deed of Adherence: Template for new partners joining the partnership
5. Schedule 5: Valuation Methods: Agreed methods for valuing shares and business interests
6. Schedule 6: Management Structure: Detailed management roles and responsibilities
7. Schedule 7: Reserved Matters: List of decisions requiring special majority or unanimous consent
8. Appendix A: Key Performance Indicators: Agreed business performance metrics
9. Appendix B: Company Assets: List of partnership assets and their ownership status
Applicable Law
Articles of Association
Board
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Competing Business
Completion Date
Confidential Information
Default Event
Defaulting Partner
Directors
Disposal
Distributable Profits
Effective Date
Encumbrance
Fair Market Value
Financial Year
General Partner
Good Leaver
Governing Law
Hong Kong
Intellectual Property Rights
Limited Partner
Management Committee
Material Breach
Net Asset Value
New Securities
Ordinary Resolution
Partners
Partnership
Partnership Interest
Partnership Property
Pre-emption Rights
Profits and Losses
Qualified IPO
Reserved Matters
Share
Shareholder
Special Resolution
Tag-Along Rights
Transfer
Valuation Date
Working Capital
Partnership Formation
Duration of Partnership
Capital Contributions
Ownership Structure
Share Classes and Rights
Management Powers
Voting Rights
Decision Making
Board Composition
Partner Duties
Confidentiality
Non-Competition
Profit Distribution
Loss Allocation
Share Transfer Restrictions
Right of First Refusal
Tag-Along Rights
Drag-Along Rights
Pre-emptive Rights
Share Valuation
Partner Admission
Partner Retirement
Death and Incapacity
Good Leaver/Bad Leaver
Business Assets
Intellectual Property
Financial Reporting
Banking Operations
Reserved Matters
Default Events
Dispute Resolution
Deadlock Resolution
Termination
Exit Mechanisms
Force Majeure
Notices
Assignment
Amendments
Governing Law
Entire Agreement
Professional Services
Technology
Consulting
Financial Services
Real Estate
Manufacturing
Trading & Distribution
Healthcare
Media & Entertainment
Education
Retail
Construction
Food & Beverage
Architecture & Design
Legal
Finance
Corporate Secretarial
Compliance
Board of Directors
Executive Management
Risk Management
Corporate Governance
Business Development
Operations
Managing Partner
CEO
CFO
General Counsel
Corporate Secretary
Finance Director
Managing Director
Board Member
Compliance Officer
Business Development Director
Operations Manager
Partnership Manager
Risk Manager
Investment Director
Senior Partner
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