Partnership Agreement Template


A partnership agreement template is a legally drafted document which can be used by providing required information in order to commence the partnership.

Sample Partnership agreement template:

Agreement File Number: ______________ [file number]

This partnership agreement is initiated between Mr. __________________ [name of first partner], located at: City: __________, State: ______________, PIN: ____________ [address details]

And Mr. _____________ [name of the second partner], resided inside: City: __________, State: ______________, PIN: ___________ for the business of ___________________ [name of the business] location_________________ [business location]. Hereinafter both parties together referred as “Both the partners”.

This agreement is commencing on: ____/____/___ [date of starting the agreement] and is terminating on: ____/____/___ [date on which agreement is ending].

Following mentioned are the clauses for both the partners to start the business: [all the committed terms & conditions to make the partnership work]

Business Commitment:

Both the partnership will be responsible for sharing profits and loss up to[ mention the percentage decided].

All the business decisions will be taken together.

Renewal of the Agreement:

This partnership can be renewed after a year if no problem and official discrimination is recorded.

Termination:

If any violation occurred due to any of the reasons or by any partners, this partnership agreement will be considered terminated.

Hereby, the agreement is being accepted by both the partners:

Singed by the Partner 1:

______________________

Signature of the Partner 2:

_____________________ [signature of both the partners]

Category: Partnership Agreements

Leave a Reply