At Speedy Template, You can download Sample Partnership Agreement 2 . There are a few ways to find the forms or templates you need. You can choose forms in your state, use search feature to find the related forms. At the end of each page, there is "Download" button for the forms you are looking form if the forms don't display properly on the page, the Word or Excel or PDF files should give you a better reivew of the page.
(An Investment Club)
This AGREEMENT of PARTNERSHIP, effective as of 05/29/2008, by and between the
undersigned, to wit:
NOW, THEREFORE IT IS AGREED:
1.FORMATION OF THE PARTNERSHIP:The undersigned hereby form a
Limited LiabilityCompanyin, and in accordance with and subject to the laws
of the State of Iowa.
2.NAME OF THE PARTNERSHIP: The legal name of the partnership shall be
Skywalk CapitalInvestment Club.
3.INITIAL REGISTERED OFFICE AND AGENT. The address of the initial
registered office is106257
StreetDes Moines, IA50311. The name of the
initial registered agent at this address isChris Davis.
4.PRINCIPAL OFFICE ADDRESS. Theaddress of the principal office is 106257
StreetDes Moines, IA50311.
5. TERM: The Partnership shall begin on 05/01/2008and shall continue until
December 31 of the same year and thereafter from year to year unless earlier
terminated as hereinafter provided.
6.PURPOSE: The only purpose of the partnership is to invest the assets of the
partnership for the education and benefit of the partners.
7.MEETINGS: Periodic meetings shall be held as determined by the
8.CAPITAL CONTRIBUTIONS:The partners may make capital contributions
to the Partnership on the date of each periodic meeting in such amounts as
the Partnership shall determine. The partnership will have received a capital
contribution only once the contribution has been physically deposited into the
partnership's bank or brokerage account, and that deposithas been accepted
by the bank or broker.
9.VALUATION: The current value of the assets of the Partnership, less the
current value of the liabilities of the Partnership, (hereinafter referred to as
the "value of the Partnership") shall be determined as ofa regularly
scheduled date and time ("valuation date") preceding the date of each
periodic meeting determined by the Club. The value of the Partnership will be
allocated pro-rata on the basis of units of participation outstanding.
10.CAPITAL ACCOUNTS:A capital account shall be maintained in the name of
each partner. Any increase or decrease in the realized value of the
Partnership on any valuation date shall be credited or debited, respectively, to
each partner's capital account in proportion to each partner’s share of the
total investments owned on said date. Partner’s capital accounts will not be
adjusted for unrealized gains or losses. The term “realized” means closed
positions for tax purposes. Any other method of valuating each partner's
capital account may be substituted for this method, provided the substituted
method results in exactly the same valuation as previously provided herein.
Each partner's contribution to, or capital withdrawal from, the Partnership
shall be credited, or debited, respectively, to that partner's capital account.
Speedy Template provides all kinds of legal templates, forms and waivers in different editable formats. Use the template search on the top to find the customized templates that fit your needs with absolutely no cost. Those templates are collected online so we do not claim the ownership of those templates. You can think this website as a legal document search portal and use it to find the printable templates and download them to your local computers and make appropriate adjustments from your end. There is no need to create an account or provide your credit card information. Feel free to download those Word, Excel, PowerPoint or PDF files while we continue to improve this website. Hope you can find those free printable templates useful for business or personal purposes.