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1. Parties: Identification of all partners, including both active partners and the sleeping partner(s), with their complete details and addresses
2. Background: Context of the partnership formation, nature of business, and the intention to include a sleeping partner
3. Definitions: Key terms used throughout the deed, including 'Sleeping Partner', 'Active Partners', 'Business', 'Capital Contribution', etc.
4. Partnership Business: Detailed description of the business activities and scope
5. Capital Contribution: Details of capital contributed by each partner, including the sleeping partner's investment
6. Profit and Loss Sharing: Ratio and terms of profit/loss distribution among partners
7. Role and Limitations of Sleeping Partner: Clear definition of the sleeping partner's non-participation in management and limited liability
8. Management Rights: Specification that active partners will manage the business and make decisions
9. Banking Arrangements: Details of partnership bank accounts and signing authorities
10. Books of Accounts: Provisions for maintaining accounts and the sleeping partner's right to inspect
11. Term and Termination: Duration of partnership and conditions for termination
12. Governing Law: Specification that the deed is governed by Pakistani law
13. Dispute Resolution: Mechanism for resolving disputes between partners
14. Execution: Signature blocks and attestation requirements
1. Death and Incapacity: Procedures in case of death or incapacity of any partner - important for family businesses
2. Transfer of Interest: Rules for transferring partnership interest - include if partners want specific restrictions
3. Non-Competition: Restrictions on partners engaging in competing businesses - relevant for specialized industries
4. Intellectual Property Rights: Ownership and use of IP - include if business involves significant IP assets
5. Insurance: Requirements for business insurance - important for high-risk businesses
6. Amendment Procedure: Process for modifying the deed - include if flexibility is needed for future changes
7. Confidentiality: Protection of business secrets - important for sensitive business information
8. Exit Strategy: Detailed procedures for partner exit - important for larger investments
1. Schedule A - Capital Contributions: Detailed breakdown of each partner's capital contribution, including valuation of non-cash assets
2. Schedule B - Profit Sharing Formula: Detailed calculation method for profit distribution and any special allocations
3. Schedule C - Business Assets: List of all assets owned by the partnership at formation
4. Schedule D - Business Plan: Overview of business objectives and operational strategy
5. Appendix 1 - Partner Information: Detailed information about all partners including contact details and nominee information
6. Appendix 2 - Bank Account Details: Partnership bank account information and authorized signatories
Sleeping Partner
Business
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Deed
Financial Year
Firm
Firm Name
Governing Law
Initial Capital
Management Rights
Net Profits
Net Losses
Partnership
Partnership Assets
Partnership Property
Principal Place of Business
Profit Sharing Ratio
Registrar of Firms
Reserved Matters
Tax Year
Term
Territory
Working Capital
Business Day
Material Breach
Effective Date
Force Majeure Event
Insolvency Event
Intellectual Property Rights
Losses
Related Party
Relevant Authority
Definitions
Partnership Formation
Capital Contribution
Profit and Loss Sharing
Management Rights
Non-Participation
Limited Liability
Banking Operations
Accounting and Records
Audit Rights
Confidentiality
Non-Competition
Term and Duration
Termination
Death and Incapacity
Assignment and Transfer
Intellectual Property
Indemnification
Force Majeure
Dispute Resolution
Governing Law
Notices
Amendment
Severability
Entire Agreement
Good Faith
Registration
Partner Withdrawal
Business Name
Partnership Property
Insurance
Compliance with Laws
Partner Meetings
Reserved Matters
Manufacturing
Retail
Real Estate
Technology
Healthcare
Agriculture
Construction
Trading
Professional Services
Hospitality
Education
Transport and Logistics
Food and Beverage
Legal
Finance
Corporate Affairs
Compliance
Risk Management
Business Development
Investment
Operations
Corporate Governance
Administrative
Business Owner
Managing Partner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Company Secretary
Investment Manager
Business Development Manager
Finance Director
Compliance Officer
Risk Manager
Partnership Registry Officer
Corporate Lawyer
Investment Advisor
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