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1. Parties: Identification of all partners, including full legal names, addresses, and tax identification numbers
2. Background: Context of the partnership formation and brief description of the business purpose
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Formation: Declaration of partnership formation, business name, and commencement date
5. Business Purpose: Detailed description of the partnership's business activities and objectives
6. Capital Contributions: Details of initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Agreement on how profits and losses will be distributed among partners
8. Management and Control: Structure for partnership management and decision-making processes
9. Partners' Rights and Obligations: Detailed description of partners' rights, duties, and responsibilities
10. Banking and Financial Matters: Banking arrangements and financial management procedures
11. Accounting and Records: Requirements for maintaining books, records, and preparing financial statements
12. Transfer of Partnership Interest: Rules regarding the transfer of partnership interests to third parties
13. Term and Termination: Duration of partnership and conditions for termination
14. Dissolution and Liquidation: Procedures for partnership dissolution and asset distribution
15. Governing Law: Specification of Philippine law as governing law and jurisdiction
16. Dispute Resolution: Procedures for resolving disputes between partners
17. Notices: Process for giving formal notices under the agreement
18. General Provisions: Miscellaneous legal provisions including severability, entire agreement, and amendments
1. Intellectual Property Rights: Provisions regarding ownership and use of intellectual property, necessary when the partnership involves IP assets
2. Non-Competition: Restrictions on partners competing with the partnership, useful for protecting business interests
3. Confidentiality: Provisions for protecting confidential information, important when dealing with sensitive business information
4. Insurance: Requirements for partnership insurance coverage, recommended for high-risk businesses
5. Employee Management: Procedures for hiring and managing employees, necessary when the partnership will have employees
6. Additional Capital Calls: Procedures for requesting additional capital from partners, useful for businesses anticipating future capital needs
7. Foreign Investment Provisions: Special provisions required when one or more partners are foreign entities
8. Exit Strategy: Detailed procedures for partner exit scenarios, useful for long-term partnerships
1. Schedule A - Capital Contributions: Detailed breakdown of each partner's initial capital contributions, including valuations of non-cash contributions
2. Schedule B - Profit Sharing Ratios: Detailed breakdown of profit and loss sharing arrangements, including any special allocations
3. Schedule C - Partner Information: Detailed information about each partner, including contact details and tax information
4. Schedule D - Business Plan: Initial business plan and operational strategy
5. Schedule E - Assets Register: List of partnership assets and their allocated values
6. Appendix 1 - Management Procedures: Detailed procedures for partnership management and decision-making
7. Appendix 2 - Accounting Policies: Specific accounting policies and procedures to be followed by the partnership
Retail
Professional Services
Manufacturing
Technology
Real Estate
Food and Beverage
Agriculture
Construction
Tourism and Hospitality
Healthcare
Education
Import/Export
Consulting
Financial Services
Entertainment
Transportation and Logistics
Legal
Finance
Executive Leadership
Operations
Compliance
Corporate Secretariat
Business Development
Risk Management
Partner Relations
Administrative
Business Owner
Managing Partner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Business Development Manager
Operations Manager
Company Secretary
Finance Director
Managing Director
Compliance Officer
Partner Relations Manager
General Counsel
Corporate Lawyer
Business Manager
Entrepreneur
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