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1. Parties: Identification and details of all co-owners entering into the agreement
2. Background: Context of the agreement, including business purpose and relationship between parties
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Ownership Structure: Details of ownership percentages, capital contributions, and ownership certificates
5. Business Purpose and Scope: Detailed description of the business activities and limitations
6. Capital Contributions: Initial and ongoing capital requirements, valuation of non-cash contributions
7. Management and Control: Decision-making processes, voting rights, and management structure
8. Roles and Responsibilities: Specific duties and obligations of each co-owner
9. Financial Matters: Profit sharing, loss allocation, accounting practices, and financial reporting
10. Banking and Financial Controls: Banking arrangements, signing authorities, and financial control mechanisms
11. Transfer of Ownership: Rules and procedures for transferring ownership interests
12. Exit Provisions: Procedures for owner exit, including buy-sell provisions and valuation methods
13. Dispute Resolution: Procedures for resolving conflicts between co-owners
14. Term and Termination: Duration of agreement and conditions for termination
15. General Provisions: Standard legal provisions including governing law, notices, and amendments
1. Non-Compete and Confidentiality: Restrictions on competitive activities and protection of confidential information - include when intellectual property or trade secrets are involved
2. Intellectual Property Rights: Ownership and usage of intellectual property - include when the business involves significant IP assets
3. Employee Matters: Policies regarding hiring, firing, and managing employees - include for businesses with employees
4. Insurance Requirements: Mandatory insurance coverage - include for high-risk businesses or significant assets
5. International Operations: Provisions for international business activities - include if business operates across borders
6. Digital Assets and Online Presence: Management of website, social media, and digital assets - include for businesses with significant online presence
7. Religious or Cultural Considerations: Specific provisions relating to religious or cultural practices - include when relevant to the business operations in Pakistan
1. Schedule A - Capital Contributions: Detailed list of initial capital contributions from each co-owner
2. Schedule B - Ownership Allocation: Detailed breakdown of ownership percentages and classes of ownership
3. Schedule C - Business Assets: Comprehensive list of business assets and their agreed values
4. Schedule D - Management Structure: Detailed organizational chart and management responsibilities
5. Schedule E - Prohibited Actions: List of actions requiring unanimous consent
6. Schedule F - Valuation Method: Agreed methodology for business valuation in case of exit or disputes
7. Appendix 1 - Business Plan: Initial business plan and strategic objectives
8. Appendix 2 - Operating Procedures: Detailed operating procedures and policies
9. Appendix 3 - Required Licenses: List of required business licenses and permits
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