Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Generic Partnership Agreement
"I need a Generic Partnership Agreement for a small technology consulting firm with three equal partners, including provisions for intellectual property protection and a clear process for adding new partners in the future, with the agreement planned to take effect from March 1, 2025."
1. Parties: Identifies all partners entering into the agreement, including full legal names and addresses
2. Background: Outlines the context and purpose of the partnership, including the business objectives
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Partnership Formation: States the creation of the partnership, its name, and effective date
5. Business Purpose: Detailed description of the partnership's business activities and scope
6. Capital Contributions: Specifies initial and any required future capital contributions from each partner
7. Profit and Loss Allocation: Details how profits and losses will be distributed among partners
8. Management and Voting: Establishes management structure and voting rights for partnership decisions
9. Partner Rights and Duties: Outlines the rights, responsibilities, and obligations of all partners
10. Books and Records: Specifies requirements for maintaining partnership financial records and partner access rights
11. Bank Accounts: Details the management of partnership bank accounts and signing authority
12. Transfer of Partnership Interests: Procedures for transferring partnership interests and restrictions thereon
13. Withdrawal and Dissolution: Process for partner withdrawal and partnership dissolution
14. Dispute Resolution: Procedures for resolving disputes between partners
15. Governing Law: Specifies the jurisdiction and laws governing the agreement
16. General Provisions: Standard legal provisions including amendments, notices, and severability
1. Non-Competition: Restricts partners from competing with the partnership; used when intellectual property or trade secrets are involved
2. Intellectual Property Rights: Addresses ownership and use of IP; important for partnerships developing proprietary technology or content
3. Insurance: Specifies required insurance coverage; important for high-risk businesses or regulated industries
4. Employment of Partners: Details terms if partners will be employed by the partnership; useful for professional services firms
5. Additional Capital Calls: Procedures for requesting additional capital; important for capital-intensive businesses
6. Tag-Along/Drag-Along Rights: Special provisions for sale of partnership interests; useful for partnerships planning future sale or investment
7. International Operations: Provisions for international business activities; needed if operating across borders
8. Environmental Compliance: Environmental obligations and compliance; necessary for businesses with environmental impact
1. Schedule A - Capital Contributions: Detailed list of initial capital contributions from each partner
2. Schedule B - Profit Sharing Ratios: Specific percentages or formulas for profit and loss allocation
3. Schedule C - Partner Contact Information: Complete contact details for all partners and authorized representatives
4. Schedule D - Business Plan: Initial business plan and operational objectives
5. Schedule E - Partnership Assets: Inventory of partnership assets and their agreed values
6. Appendix 1 - Management Procedures: Detailed procedures for day-to-day management and decision-making
7. Appendix 2 - Banking Resolution: Banking arrangements and authorized signatories
8. Appendix 3 - Form of Partner Certificate: Standard form for documenting partnership interests
Authors
Professional Services
Retail
Manufacturing
Technology
Real Estate
Construction
Healthcare
Hospitality
Agriculture
Education
Consulting
Entertainment
Financial Services
Transportation
Energy
Environmental Services
Legal
Finance
Corporate Governance
Executive Leadership
Business Development
Operations
Risk Management
Compliance
Corporate Secretary Office
Strategic Planning
Business Owner
Managing Partner
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
General Counsel
Business Development Manager
Corporate Lawyer
Legal Counsel
Partnership Manager
Business Manager
Operations Director
Risk Manager
Compliance Officer
Finance Director
Company Secretary
Managing Director
Entrepreneur
Find the exact document you need
Real Estate Partnership Contract
A U.S.-governed agreement establishing a partnership for real estate investment, development, or management, defining partner rights, responsibilities, and operational procedures.
Business Partnership Agreement Contract
A U.S.-governed legal agreement establishing the terms, conditions, and operational framework for a business partnership under federal and state partnership laws.
3 Partner Business Agreement
A U.S.-governed agreement establishing a three-party business partnership, defining ownership, management, and operational terms.
50 50 Business Partnership Contract
A U.S.-governed legal agreement establishing an equal (50/50) partnership between two partners, defining their rights, responsibilities, and business operations.
Business To Business Partnership Agreement
A US-law governed agreement establishing a formal partnership between business entities, defining their rights, responsibilities, and operational framework.
Silent Partnership Agreement
A U.S.-governed agreement establishing a partnership between an active business operator and a silent capital investor, defining their rights, obligations, and profit-sharing arrangements while maintaining the silent partner's confidentiality.
Two Company Partnership Agreement
A U.S.-governed legal agreement establishing a formal business partnership between two companies, defining their rights, responsibilities, and operational framework.
Salon Partnership Agreement
A U.S.-governed agreement establishing a partnership between individuals operating a salon business, covering operational, financial, and regulatory requirements.
Profit Sharing Agreement Between Partners
A U.S.-governed agreement establishing profit-sharing terms and conditions between business partners, including calculation methods and distribution schedules.
Business Partner Agreement Contract
A U.S.-governed agreement establishing terms and conditions for business partnerships between entities, including roles, responsibilities, and commercial terms.
Corporation Partnership Agreement
A U.S.-governed agreement establishing a partnership between corporations, defining their relationship, contributions, and operational framework.
Generic Partnership Agreement
A U.S.-governed agreement establishing a business partnership, defining partner rights, responsibilities, and operational framework under state and federal laws.
Partnership Agreement Between 3 Parties
A U.S.-governed agreement establishing a formal partnership between three parties, defining their rights, responsibilities, and business relationship.
Strategic Partnership Contract
A U.S.-governed agreement establishing terms and conditions for strategic partnership between organizations, detailing collaboration scope, responsibilities, and mutual obligations.
Startup Business Partnership Agreement
US-governed legal agreement establishing partnership terms and conditions for startup ventures, including ownership, management, and operational framework.
General Partnership Contract
A U.S.-governed legal agreement establishing a general partnership between two or more partners, defining their rights, responsibilities, and business relationship under federal and state partnership laws.
Partnership Share Agreement
A US-governed agreement establishing ownership structure and rights between business partners, including share distribution and management provisions.
Medical Partnership Agreement
A U.S.-governed agreement establishing a partnership between medical professionals, outlining operational, financial, and compliance requirements for joint medical practice.
Partnership Percentage Agreement
A U.S.-governed agreement establishing partnership ownership percentages, profit-sharing arrangements, and related rights and obligations between business partners.
Capital Contribution Partnership Agreement
A U.S.-governed agreement establishing terms for partner capital contributions and resulting partnership rights and obligations.
Accounting Partnership Agreement
A U.S.-governed agreement establishing the terms and conditions of a partnership between accounting professionals, including operational, financial, and professional compliance requirements.
Equity Partner Contract
U.S.-governed agreement establishing terms and conditions for admission of an equity partner into a partnership, including rights, obligations, and economic terms.
Mutual Partnership Agreement
A U.S.-governed agreement establishing the terms and conditions of a business partnership, including rights, responsibilities, and operational framework under federal and state laws.
Online Partnership Agreement
A U.S.-governed agreement establishing partnership terms for online business operations, covering both traditional partnership and digital business elements.
Farming Partnership Agreement
A U.S.-governed agreement establishing a partnership between parties for joint farming operations, detailing operational, financial, and management terms under federal and state agricultural laws.
Operating Partnership Agreement
A U.S.-governed agreement establishing an operating partnership's structure, management, and partner relationships while ensuring compliance with federal and state partnership laws.
Partnership Investment Agreement
A U.S.-governed agreement establishing terms for partnership investment, including capital contributions, ownership rights, and management structure.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.