Ƶ

Secret Partner Agreement for the United Kingdom

Secret Partner Agreement Template for England and Wales

A Secret Partner Agreement is a legally binding document governed by English and Welsh law that establishes and regulates the relationship between openly disclosed partners and those who wish to remain undisclosed to the public. The agreement details capital contributions, profit-sharing arrangements, management rights, and confidentiality obligations while ensuring compliance with relevant partnership and company laws. It provides protection for both the secret and operating partners while maintaining the confidentiality of the silent partner's involvement.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Secret Partner Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Secret Partner Agreement?

The Secret Partner Agreement is essential when establishing business relationships where certain partners need to maintain anonymity while still participating in the venture's profits and decisions. Common in England and Wales, this document is particularly useful for investors who wish to provide capital without public association, family business arrangements, or strategic business partnerships requiring discretion. The agreement must carefully balance the need for confidentiality with legal compliance, particularly regarding partnership law, tax regulations, and money laundering requirements.

What sections should be included in a Secret Partner Agreement?

1. Parties: Identification of all parties involved in the agreement

2. Background: Context and purpose of the secret partnership

3. Definitions: Key terms used throughout the agreement

4. Partnership Structure: Details of ownership, profit sharing, and management rights

5. Confidentiality: Terms governing the secrecy of the partnership

6. Financial Arrangements: Capital contributions, profit/loss sharing, drawings

7. Duration: Term of the partnership and renewal provisions

What sections are optional to include in a Secret Partner Agreement?

1. Non-Compete: Restrictions on competitive activities when partners have other business interests

2. Intellectual Property: IP ownership and usage rights when partnership involves creation or use of IP

3. Exit Mechanisms: Procedures for partner withdrawal or retirement, recommended for longer-term partnerships

What schedules should be included in a Secret Partner Agreement?

1. Initial Capital Contributions: Detailed breakdown of each partner's initial investment

2. Profit Sharing Formula: Detailed calculations for profit distribution

3. Business Plan: Initial business strategy and objectives

4. Partner Responsibilities: Detailed breakdown of roles and duties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions



























Clauses






























Industries

Partnership Act 1890: Primary legislation governing partnerships in England and Wales, covering basic rights/obligations, partner relationships and liabilities, profit sharing and dissolution procedures

Companies Act 2006: Relevant for partnerships interacting with registered companies, including disclosure requirements and directors' duties if partners are also company directors

Financial Services and Markets Act 2000: Governs regulated financial activities, including registration and disclosure requirements, and regulatory compliance obligations for partnerships in financial services

Money Laundering Regulations 2017: Covers due diligence requirements, reporting obligations, and transparency requirements for preventing money laundering

Income Tax Act 2007 and VAT Act 1994: Key tax legislation affecting partnerships, including partnership tax treatment, VAT implications, and tax disclosure obligations

Common Law Contract Principles: Fundamental principles of contract law including capacity to contract, consideration, and intention to create legal relations

Data Protection Act 2018 and UK GDPR: Legislation governing handling of personal information, privacy obligations, and data sharing agreements

Competition Law (Enterprise Act 2002 & Competition Act 1998): Legislation preventing anti-competitive behavior and regulating business competition in the UK

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Venture Partner Agreement

An England & Wales agreement formalizing venture capital partnerships, detailing roles, responsibilities, and compensation.

find out more

Vacation Home Partnership Agreement

An England & Wales legal document outlining co-ownership terms for a shared vacation property.

find out more

Trucking Partnership Agreement

An England & Wales legal document outlining partnership terms for trucking operations, ensuring compliance and profit sharing.

find out more

Term Sheet For Partnership Agreement

An England & Wales document outlining initial terms for a partnership, guiding final agreement negotiations.

find out more

Temporary Partnership Agreement

An England & Wales legal document outlining terms for a temporary project-specific business collaboration.

find out more

Technology Partnership Agreement

An England & Wales legal agreement formalizing technological collaboration, addressing IP, confidentiality, and compliance.

find out more

Technical Partnership Agreement

An England & Wales legal document outlining terms for technical collaboration and intellectual property management.

find out more

Strategic Technology Partnership Agreement

An England & Wales legal agreement for technological collaboration, addressing data protection, IP rights, and cybersecurity.

find out more

Strategic Alliance Partnership Agreement

An England & Wales legal document formalizing collaborative ventures while maintaining independent legal status for organizations.

find out more

Startup Partnership Agreement

An England & Wales legal document outlining partners' rights and duties in a new business venture.

find out more

Standard Partnership Agreement

An England & Wales legal document defining partnership terms, modifying default rules under the Partnership Act 1890.

find out more

Sponsorship Partnership Agreement

An England & Wales contract detailing sponsorship terms, rights, and obligations for commercial partnerships.

find out more

Software Partnership Agreement

An England & Wales legal contract formalizing software development partnerships, detailing rights, responsibilities, and dispute resolution.

find out more

Software Partner Agreement

An England & Wales legal agreement for software distribution and partnership roles, responsibilities, and compliance.

find out more

Shareholders Agreement Joint Venture

An England & Wales legal document outlining governance and rights in a joint business venture.

find out more

Service Partner Agreement

An England & Wales agreement formalizing service delivery partnerships with external providers, detailing scope, standards, and compliance.

find out more

Simple 50 50 Partnership Agreement

An England & Wales legal document establishing equal partnership rights and responsibilities for business ventures.

find out more

Simple Partnership Dissolution Agreement

An England & Wales legal document detailing terms for amicable partnership dissolution and asset distribution.

find out more

Simple Limited Partnership Agreement

An England & Wales legal document outlining roles and liabilities in a limited partnership agreement.

find out more

Restaurant Profit Sharing Agreement

An England & Wales agreement outlining profit distribution terms for restaurant owners, investors, and employees.

find out more

Revenue Share Partnership Agreement

An England & Wales agreement detailing revenue-sharing terms for collaborative business ventures.

find out more

Secret Partner Agreement

An England & Wales legal document ensuring partner anonymity while participating in business profits and decisions.

find out more

Sales Cooperation Agreement

An England & Wales legal document formalizing sales collaboration through agents or distributors, detailing roles and financial terms.

find out more

Salaried Partner Agreement

An England & Wales agreement outlining terms for salaried partners in professional services firms.

find out more

Real Estate Limited Partnership Agreement

An England & Wales legal document outlining terms for pooled real estate investment with limited liability.

find out more

Real Estate Joint Venture Agreement

An England & Wales legal document outlining terms for joint real estate ventures, including ownership and profit distribution.

find out more

Real Estate Channel Partner Agreement

An England & Wales legal agreement outlining terms for property sales through authorized channel partners.

find out more

Property Partnership Agreement

An England & Wales legal document outlining joint property investment terms, rights, and obligations among partners.

find out more

Profit Sharing Ratio Partnership Agreement

An England & Wales legal document formalizing customized profit-sharing arrangements in business partnerships.

find out more

Profit Sharing Agreement In Business Partnership

An England & Wales legal document outlining profit distribution and responsibilities in a business partnership.

find out more

Profit And Loss Partnership Agreement

An England & Wales legal document outlining profit and loss sharing in business partnerships.

find out more

Production Partnership Agreement

An England & Wales legal document outlining terms for joint production ventures, including governance and profit distribution.

find out more

Product Partnership Agreement

An England & Wales legal document formalizing product collaboration terms between businesses in manufacturing, distribution, or sales.

find out more

Preliminary Partnership Agreement

An England & Wales legal document outlining preliminary terms for forming a business partnership.

find out more

Preferred Partnership Agreement

An England & Wales agreement formalizing strategic business partnerships with preferential rights and compliance provisions.

find out more

Preferred Partner Agreement

An England & Wales legal document formalizing strategic partnerships with key suppliers under preferential terms.

find out more

Pre Partnership Agreement

An England & Wales legal document outlining preliminary terms before formal partnership formation, ensuring confidentiality and exclusivity.

find out more

Photography Partnership Agreement

An England & Wales legal agreement formalizing a business partnership between photography professionals, detailing rights and responsibilities.

find out more

Pharmacy Partnership Agreement

An England & Wales legal document outlining a joint pharmacy business partnership's framework and regulatory compliance.

find out more

Partnership Subscription Agreement

An England & Wales legal document outlining terms for a new partner joining an existing partnership.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it