General Partnership Deed

General Partnership Deed

Sh 100,000

Notes:

  1. This precedent is intended to act as a guide in drafting a General Partnership Agreement. It may be modified or amended as need may be.
  2. This template is applicable in case parties want to enter into a partnership agreement for purposes of doing business.
SKU: COR/INV/AGR/29 Category:

Description

Table of Contents

  1. DEFINITIONS AND INTERPRETATION
  2. ARTICLE I: THE PARTNERSHIP
  3. ARTICLE II MEMBERS OF PARTNERSHIP
  4. ARTICLE III CAPITAL ACCOUNTS
  5. ARTICLE IV- ALLOCATION AND DISTRIBUTION OF PROFITS AND LOSSES
  6. ARTICLE V- MANAGEMENT OF PARTNERSHIP AFFAIRS AND VOTING RIGHTS
  7. ARTICLE VI- BOOKS, RECORDS, AND ACCOUNTS
  8. ARTICLE VII-RIGHTS, DUTIES AND RESTRICTIONS OF PARTNERS
  9. ARTICLE VIII -PARTNERSHIP MEETINGS
  10. ARTICLE IX-ASSIGNMENT AND/OR TRANSFER OF PARTNERSHIP INTEREST
  11. ARTICLE X -LIABILITIES OF PARTNERS
  12. ARTICLE XI -PROHIBITED TRANSACTIONS
  13. ARTICLE XII -DISSOLUTION OF THE PARTNERSHIP
  14. ARTICLE XIII MISCELLANEOUS PROVISIONS
  15. SCHEDULE 1 ALLOCATION AND DISTRIBUTION OF PROFITS AND LOSSES

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