General Partnership Agreement printable pdf download

General Partnership Agreement

Topic 5: General Partnership Agreement

Exhibit E: General Partnership Agreement

General Partnership Agreement

This partnership agreement is made on this the __________ day of __________, 20__ by

and between ___________________________________________ and

_______________________________________________________.

1. Partnership Name, Nature of Business, and Principal Office

The name of the partnership shall be _______________________________________.

The nature of the partnership business shall be_______________________________.

The principal office of the partnership business shall be located at the following address:

____________________________________________________________________

2. Partnership Duration

The partnership shall begin on the date of the execution of this agreement, and shall

continue until terminated as permitted under the terms and conditions of this agreement.

3. Capital Contributions

Each partner must contribute $50,000 in cash to the partnership upon execution of this

agreement. A separate capital account shall be maintained for each partner. For the

duration of the partnership’s existence, neither partner shall withdraw any portion of his

or her capital contribution.

General Partnership Agreement