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1. Parties: Details of all partners including full names, addresses, and national identification numbers
2. Background: Context of the partnership formation and brief description of the construction business objectives
3. Definitions: Definitions of key terms used throughout the deed
4. Partnership Name and Business: Official name of the partnership and scope of construction business activities
5. Term of Partnership: Duration of partnership, commencement date, and conditions for continuation
6. Capital Contribution: Details of initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Ratio and mechanism for distribution of profits and losses
8. Management and Control: Management structure, decision-making process, and partners' authorities
9. Banking and Finance: Banking arrangements, signing authorities, and financial management procedures
10. Books of Account: Accounting procedures, audit requirements, and financial record-keeping obligations
11. Rights and Duties of Partners: Detailed responsibilities and rights of each partner
12. Restrictions on Partners: Non-compete clauses and limitations on partners' external activities
13. Addition of New Partners: Process and conditions for admitting new partners
14. Retirement and Death: Procedures in case of partner retirement or death
15. Dissolution and Winding Up: Circumstances and procedures for partnership dissolution
16. Dispute Resolution: Mechanism for resolving disputes between partners
17. Governing Law: Specification of Pakistani law as governing law and jurisdiction
1. Project Bidding Protocol: Procedures for bidding on construction projects, used when the partnership wants to establish specific bidding rules
2. Equipment Ownership: Details of construction equipment ownership and usage rights, needed when partners bring significant equipment to the business
3. Intellectual Property Rights: Protection of designs, methodologies, and other IP, relevant when the partnership develops proprietary construction methods
4. International Operations: Rules for international projects and cross-border operations, needed for partnerships planning to work internationally
5. Environmental Compliance: Specific environmental obligations and procedures, important for partnerships handling environmentally sensitive projects
6. Insurance Requirements: Detailed insurance obligations beyond standard coverage, needed for high-risk construction activities
7. Succession Planning: Detailed procedures for generational transfer of partnership interests, relevant for family-based partnerships
1. Schedule A - Capital Contributions: Detailed breakdown of each partner's capital contributions, including cash, equipment, and other assets
2. Schedule B - Profit Sharing Ratios: Detailed profit and loss sharing arrangements, including any variations based on project type
3. Schedule C - Partner Responsibilities: Specific roles and responsibilities assigned to each partner
4. Schedule D - Equipment Inventory: List of partnership-owned construction equipment and their valuations
5. Schedule E - Key Personnel: List of key employees and their roles in the partnership
6. Appendix 1 - Operating Procedures: Detailed operational procedures for construction projects
7. Appendix 2 - Quality Control Standards: Construction quality standards and compliance procedures
8. Appendix 3 - Safety Protocols: Safety standards and procedures for construction sites
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