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Partnership Agreement

An agreement defining capital, profit-sharing, and responsibilities among business partners.

What each clause means

  • Capital

    The amount each partner invests.

  • Profit & loss sharing

    The ratio in which profits and losses are divided.

  • Decision-making

    How important decisions are made.

  • Dissolution

    The procedure for dissolving the partnership.

Preview

PARTNERSHIP AGREEMENT

This agreement is made on [date] between:

1. [Partner 1] — capital: [amount]
2. [Partner 2] — capital: [amount]

Terms:
1. Profit/loss sharing: [ratio]
2. Business name: [name]

Signatures: ____________   ____________

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