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1. Parties: Identification and details of all partners involved in the settlement
2. Background: History of the partnership, reason for dissolution, and context of the settlement
3. Definitions: Definitions of key terms used throughout the agreement
4. Dissolution Date: Specific date when the partnership will be or was dissolved
5. Settlement Terms: Core terms of the settlement including financial arrangements and asset distribution
6. Asset Distribution: Detailed allocation of partnership assets among partners
7. Liabilities and Debts: Assignment and handling of partnership liabilities and outstanding debts
8. Financial Settlements: Details of financial settlements between partners
9. Mutual Release: Partners' mutual release from future claims related to the partnership
10. Confidentiality: Confidentiality obligations regarding partnership information and settlement terms
11. Non-Disparagement: Agreement not to make negative statements about other partners or the partnership
12. Governing Law: Specification of New Zealand law as governing law
13. Execution: Signature blocks and execution requirements
1. Intellectual Property Rights: Distribution and ongoing rights to partnership IP assets, used when IP assets exist
2. Client and Contract Assignment: Assignment of ongoing clients and contracts, relevant for service-based partnerships
3. Non-Compete Provisions: Restrictions on competitive activities, used when partners agree to limit future competition
4. Employee Matters: Handling of employment relationships, needed when partnership has employees
5. Tax Arrangements: Specific tax planning and allocation provisions, used for complex tax situations
6. Outstanding Legal Matters: Handling of ongoing legal issues or claims, included when applicable
7. Insurance and Indemnification: Ongoing insurance obligations and indemnification provisions, used when continuing liabilities exist
8. Partnership Name and Branding: Future use of partnership name and brand elements, relevant when brand has value
1. Schedule 1 - Asset Register: Detailed list of all partnership assets and their agreed values
2. Schedule 2 - Distribution Plan: Detailed plan for distribution of assets, including timing and method
3. Schedule 3 - Outstanding Liabilities: List of all partnership liabilities and payment responsibilities
4. Schedule 4 - Client List: List of clients and their allocation between partners
5. Schedule 5 - Financial Statements: Final partnership accounts and financial statements
6. Appendix A - Valuation Reports: Independent valuations of partnership assets
7. Appendix B - Tax Certificates: Relevant tax clearances and certificates
8. Appendix C - Legal Opinions: Any legal opinions obtained regarding settlement matters
Professional Services
Legal Services
Accounting
Construction
Real Estate
Healthcare
Retail
Hospitality
Technology
Manufacturing
Agriculture
Consulting
Architecture
Engineering
Legal
Finance
Executive Leadership
Corporate Affairs
Risk and Compliance
Business Development
Accounting
Administration
Corporate Secretariat
Managing Partner
Senior Partner
Business Owner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Business Lawyer
Partnership Manager
Business Development Manager
Finance Director
Accountant
Company Secretary
Risk Manager
Compliance Officer
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