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1. Parties: Identifies and provides full details of all partners entering into the partnership agreement
2. Background: Explains the context and purpose for forming the partnership
3. Definitions: Defines key terms used throughout the agreement
4. Partnership Formation: Establishes the creation of the partnership, its name, and commencement date
5. Nature of Business: Defines the scope and type of business activities the partnership will undertake
6. Term and Duration: Specifies whether the partnership is for a fixed term or indefinite period
7. Capital Contributions: Details the initial and ongoing capital contributions required from each partner
8. Profit and Loss Sharing: Specifies how profits and losses will be distributed among partners
9. Management and Decision Making: Outlines the management structure and decision-making processes
10. Partners' Duties and Obligations: Details the responsibilities and commitments of each partner
11. Banking and Financial Matters: Establishes banking arrangements and financial management procedures
12. Accounting and Records: Specifies requirements for maintaining partnership accounts and records
13. Addition of New Partners: Procedures for admitting new partners to the partnership
14. Retirement and Withdrawal: Processes for partner retirement or voluntary withdrawal
15. Termination and Dissolution: Circumstances and procedures for ending the partnership
16. Governing Law and Jurisdiction: Confirms the application of Dutch law and jurisdiction
1. Intellectual Property Rights: Addresses ownership and use of IP when the partnership involves creative or technical work
2. Non-Competition and Confidentiality: Restrictions on partners' competing activities and handling of confidential information
3. Insurance: Requirements for partnership insurance when specific coverage is needed
4. Death or Incapacity: Procedures in case of partner death or incapacity, particularly relevant for smaller partnerships
5. Dispute Resolution: Alternative dispute resolution procedures if partners prefer mediation before court proceedings
6. International Operations: Additional provisions for partnerships operating across borders
7. Property and Assets: Specific provisions for partnerships owning significant physical assets or real estate
8. Employee Management: Framework for hiring and managing employees when applicable
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule 2: Profit Sharing Ratios: Specific percentages or formulas for profit and loss distribution
3. Schedule 3: Partner Details: Complete partner information including contact details and registered addresses
4. Schedule 4: Business Plan: Initial business plan and strategic objectives of the partnership
5. Schedule 5: Asset Register: List of partnership assets and their agreed values
6. Appendix A: Partnership Policies: Key operational policies and procedures
7. Appendix B: Banking Mandates: Specified banking arrangements and authorized signatories
8. Appendix C: Accounting Procedures: Detailed accounting policies and procedures
Business
Business Day
Business Hours
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Current Account
Default Event
Dispute
Drawing Account
Financial Year
Governing Law
Initial Capital
Intellectual Property Rights
Management Board
Managing Partner
Material Breach
Net Profit
Operating Expenses
Partner
Partnership
Partnership Assets
Partnership Capital
Partnership Interest
Partnership Property
Profit Share
Quarter
Reserved Matters
Retirement Date
Silent Partner
Tax Year
Term
Territory
Transfer
Valuation Date
Working Capital
Interpretation
Partnership Establishment
Duration
Capital Contribution
Profit and Loss Distribution
Management Rights
Decision Making
Partner Duties
Financial Management
Banking Arrangements
Accounting and Audit
Partner Restrictions
Confidentiality
Intellectual Property
Non-Competition
New Partners Admission
Partner Withdrawal
Death and Incapacity
Termination
Dissolution
Asset Distribution
Dispute Resolution
Force Majeure
Notices
Amendment
Severability
Entire Agreement
Governing Law
Business Name
Partnership Property
Insurance
Partner Meetings
Record Keeping
Tax Matters
Employment
Indemnification
Assignment
Professional Services
Consulting
Real Estate
Healthcare
Legal Services
Accounting
Architecture
Engineering
Information Technology
Retail
Manufacturing
Agriculture
Construction
Hospitality
Creative Industries
Financial Services
Legal
Finance
Corporate Affairs
Business Development
Operations
Risk Management
Compliance
Strategy
Corporate Governance
Executive Leadership
Business Owner
Managing Partner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Business Development Manager
Professional Practitioner
Entrepreneur
Company Director
Partnership Manager
Corporate Lawyer
Investment Manager
Operations Director
Strategic Planning Manager
Risk Manager
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