Partnership Agreement For Llc Template

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Partnership Agreement For LLC Template

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Partnership Agreement for LLC Template (1)
Between:
[Name of Partner 1]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
And:
[Name of Partner 2]
[Partner 2’s ID]
[Partner 2’s Address]
[Partner 2’s Phone]
[Partner 2’s Email]
Introduction:
This Partnership Agreement is made on [Effective Date], to establish a partnership between the parties for the operation of an LLC named [Name of LLC].
Clause 1: Purpose of Partnership
The purpose of this partnership is to engage in [Specify the business activities or products].
Clause 2: Contributions
Each partner shall contribute the following to the LLC: [Specify contributions, e.g., capital, property, services].
Clause 3: Profit and Loss Distribution
Profits and losses shall be distributed among the partners as follows: [Specify distribution percentages or criteria].
Clause 4: Management and Voting
Management responsibilities and voting rights are designated as follows: [Specify roles, voting rights, and decision-making processes].
Clause 5: Termination of Partnership
The partnership may be terminated by mutual agreement or under the following conditions: [Specify conditions for termination].
Clause 6: Confidentiality
Partners agree to keep confidential all information concerning the business and affairs of the LLC.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of Partner 1]
[Name of Partner 1]
[Signature of Partner 2]
[Name of Partner 2]
Partnership Agreement for LLC Template (2)
Between:
[Name of Partner 1]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
And:
[Name of Partner 2]
[Partner 2’s ID]
[Partner 2’s Address]
[Partner 2’s Phone]
[Partner 2’s Email]
Introduction:
This agreement outlines the terms and conditions for establishing a partnership for the management of [Name of LLC], effective as of [Effective Date].
Clause 1: Nature of the Business
The nature of the business conducted under this partnership shall include: [Detail the scope of operations].
Clause 2: Initial Capital Contributions
Partners agree to contribute capital as follows: [Specify the amount and nature of contributions from each partner].
Clause 3: Allocation of Profits and Losses
Profits and losses will be allocated among the partners based on the following percentages: [Specify details].
Clause 4: Management Structure
The management of the LLC will be conducted as follows: [Outline management roles, responsibilities, and meeting protocols].
Clause 5: Conditions for Dissolution
The partnership may be dissolved under the following terms: [List conditions for dissolution of the partnership].
Clause 6: Non-Disclosure Agreement
All partners agree to a non-disclosure regarding sensitive business information and operations.
Clause 7: Jurisdiction and Governing Law
This agreement is governed by the laws of [Jurisdiction] and any disputes shall be settled therein.
Signed in [City], [Date].
Sincerely,
[Signature of Partner 1]
[Name of Partner 1]
[Signature of Partner 2]
[Name of Partner 2]

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Please complete the form below to create the Partnership Agreement for LLC Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Partnership Agreement for LLC Template

1. Partnership Information


2. Partner Information





3. Business Purpose

4. Contribution of Partners

5. Profit and Loss Distribution

6. Decision-Making Process

7. Partnership Duration

8. Withdrawal or Addition of Partners

9. Dissolution Terms

10. Signatures and Acceptance

11. Declaration and Signatures



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Partnership Agreement For LLC Template

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Partnership Agreement For Llc Template