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1. Non-Competition: Restricts partners from engaging in competing businesses - used when partners have other business interests

2. Intellectual Property Rights: Addresses ownership and use of IP - included when the business involves significant IP assets

3. Admission of New Partners: Procedures for admitting new partners - relevant for partnerships planning future expansion

4. Death or Incapacity: Procedures following death or incapacity of a partner - important for long-term partnerships

5. Dispute Resolution: Details mediation and arbitration procedures - recommended for complex partnerships

6. Insurance: Requirements for business insurance - relevant when significant assets or risks are involved

7. Confidentiality: Protects sensitive business information - important when dealing with trade secrets or proprietary information

1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's capital contributions, including valuations of non-cash assets

2. Schedule 2: Profit Sharing Formula: Detailed calculations and examples of how profits will be calculated and distributed

3. Schedule 3: Partner Details: Complete information about each partner including contact details and bank account information

4. Schedule 4: Business Assets: Inventory of business assets and their agreed values

5. Appendix A: Financial Procedures: Detailed procedures for accounting, reporting, and profit distribution

6. Appendix B: Management Structure: Detailed organizational structure and management responsibilities