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General Partnership Agreement Template


General Partnership Agreement Template
GENERAL PARTNERSHIP AGREEMENT
THIS PARTNERSHIP AGREEMENT is entered into on _______________ between
the following persons:
_______________
_______________
_______________
_______________
_______________
_______________
The above-named persons agree that upon the commencement date of this
partnership, they shall be deemed to have become partners in
business. The purposes, terms and conditions of this partnership are
as follows:
1. Name - The firm name of the partnership shall be _______________.
2. Principal place of business - The principal place of business of
the partnership shall be _______________.
3. Purpose - The business of the partnership is set forth below and
includes any other business related thereto.
_______________________________________________________________________
_________________________________________________.
4. Term - The partnership shall commence on and continue until
dissolved by mutual agreement of the partners.
5. Capital contribution and distribution of profits and losses:
Name of Partner Capital Contribution
Percentage
Agreed Upon Distribution
Specific Cash Value of of Profit
Contribution Contributions and Loss
_______________ Specified $_______________ _______________%
Services and
Expertise
_______________ $________ $_______________ _______________%
Specified
Services and
Expertise
General Partnership Agreement Template
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