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
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partner a name
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partner b name
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partnership name
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business address
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business purpose
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partner a contribution
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partner b contribution
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partner a share
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partner b share
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distribution frequency
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management structure
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spending threshold
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time commitment
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accounting method
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banking authority
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salary arrangement
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withdrawal notice
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dispute resolution
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governing state
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partner a signer name
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partner b signer name
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