Sample Business Partnership Agreement

A sample business partnership agreement is a legal commitment between the two interested parties, who are willing to do business together by sharing the profits and loss. Both the parties are considered responsible for the growth of the business, whereas the share ratio can be varied.

Sample Business Partnership Agreement:

Business partnership agreement No: 6869/ SPA

Date of the agreement: January 28th, 2011

This business partnership agreement is commenced between:

Partner 1:

Name: Eddy Smith

Address: Office No: 45/ L, Wing- D, Salt Lake City, New York, America

Contact Number: 5899 688 6849

Partner 2:

Name: Martin Sully

Address:  Office No: 9, Near Spencer Park, New York, America

Contact Number: 6895 385 3288

Hereinafter referred as Partner 2

Whereas, both the entrepreneurs are willing to share the trade by participating in committed covenants and will divide the profit & loss as per promised ratio.

This agreement is starting on January 28th, 2011 and is valid till January 29th, 2013.

Terms & conditions:

  • Partner1 & Partner 2 will take the sales & marketing decisions together to run the business successfully, whereas the profits % losses will be shared as 60% to 40% respectively.
  • Partner 2 will not be allowed to participate in the legitimate foreign trade decision.
  • Both the partner will validate any internal and national level activity for the growth of business.
  • Any mismanagement in accounts and a dispute may lead to the termination of this partnership agreement.

Approved by both the parties:

Partner 1:                                          Partner 2:

Eddy Smith                                       Martin Sully

Category: Business Agreements

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