Equity Partnership Agreement Template for New Zealand

1. Intellectual Property: Provisions for IP ownership and licensing when the partnership involves significant IP assets

2. Employment of Partners: Terms for partners who are also employees, including roles and remuneration

3. Non-Competition and Confidentiality: Restrictions on competitive activities and protection of confidential information

4. Insurance: Required insurance coverage when partnership has significant risk exposure

5. External Financing: Provisions for obtaining and managing external funding when anticipated

6. Property Ownership: Specific provisions for partnerships holding real estate or significant physical assets

7. International Operations: Additional provisions for partnerships operating across multiple jurisdictions

8. Tag-Along and Drag-Along Rights: Special provisions for partnerships with potential exit strategies or sale prospects

1. Schedule 1: Partner Details: Detailed information about each partner, including contact details and initial capital contributions

2. Schedule 2: Business Plan: Initial business plan and strategic objectives of the partnership

3. Schedule 3: Capital Accounts: Details of partner capital accounts and valuation methodologies

4. Schedule 4: Asset Register: List of partnership assets and their agreed values

5. Schedule 5: Deed of Adherence: Template for new partners joining the partnership

6. Schedule 6: Management Structure: Detailed management structure and reporting lines

7. Schedule 7: Reserved Matters: List of decisions requiring special or unanimous partner approval

8. Appendix A: Valuation Rules: Detailed methodology for valuing partnership interests

9. Appendix B: Financial Procedures: Detailed accounting and financial management procedures

10. Appendix C: Exit Procedures: Detailed procedures for partner exits and interest transfers