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Partnership Agreement

Complete this form to produce a Partnership Agreement. Form accommodates information for up to five partners.

Click here for a sample. All information appearing in bold type are the form fields that are either automatically completed by the program or completed based on information you supplied in this form.

Effective Date://
(Select the month, day and year the partnership is in effective)
Partnership:
(Name of the partnership/business)
City:
(City in which business is located)
State/Province:
(Select a state or a Canadian province)
Country:
(Select U.S.A. or Canada)
Purpose:
(Indicate the purpose of the business)
Controlling Law:
(Select state/province and country that governs laws of the partnership)
Complete the following information for each partner involved. You must complete all the information for at least two partners. The other three can be completed if more partners are involved.

Note: total profit/loss percentage must equal 100% (e.g., 2 partners with 50% profit/loss percentage each—total percentage of profit/loss equals 100%).
1st Partner:
(Partner's Name)


(Amount of money this partner invested in the partnership)


(Percent of profit/loss this partner gets)


(Time commitment this partner has to the business)
2nd Partner:
(Partner's Name)


(Amount of money this partner invested in the partnership)


(Percent of profit/loss this partner gets)


(Time commitment this partner has to the business)
3rd Partner:
(Partner's Name)


(Amount of money this partner invested in the partnership)


(Percent of profit/loss this partner gets)


(Time commitment this partner has to the business)
4th Partner:
(Partner's Name)


(Amount of money this partner invested in the partnership)


(Percent of profit/loss this partner gets)


(Time commitment this partner has to the business)
5th Partner:
(Partner's Name)


(Amount of money this partner invested in the partnership)


(Percent of profit/loss this partner gets)


(Time commitment this partner has to the business)

This is not a substitute for legal advice and it is suggested that an attorney be consulted.