Corporate & Business
General Partnership Agreement
Agreement establishing a general partnership, defining contributions, profit sharing, management, and dissolution terms. Two signers.
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# General Partnership Agreement **Effective Date:** ___________ This General Partnership Agreement ("Agreement") is entered into by and between: **Partner A:** ___________ **Partner B:** ___________ (each a "Partner" and collectively the "Partners"). ## 1. Partnership Name and Purpose **Partnership Name:** ___________ **Principal Place of Business:** ___________ **Business Purpose:** ___________ The Partnership shall engage in any lawful activity related to the stated business purpose. ## 2. Term The Partnership shall commence on the Effective Date and continue until dissolved in accordance with this Agreement or by operation of law. ## 3. Capital Contributions Each Partner shall contribute the following to the Partnership: **Partner A's Contribution:** ___________ **Partner B's Contribution:** ___________ No Partner shall be required to make additional capital contributions without unanimous written consent. Capital contributions shall not bear interest. ## 4. Profit and Loss Sharing Profits and losses shall be allocated between the Partners as follows:
Fields (22)
effective date
date · required
partner a name
text · required
partner b name
text · required
partnership name
text · required
business address
text · required
business purpose
textarea · required
partner a contribution
textarea · required
partner b contribution
textarea · required
partner a share
select · required
partner b share
select · required
distribution frequency
select · required
management structure
select · required
spending threshold
text · required
time commitment
select · required
accounting method
select · required
banking authority
select · required
salary arrangement
select · required
withdrawal notice
select · required
dispute resolution
select · required
governing state
select · required
partner a signer name
text · required
partner b signer name
text · required
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