Draw up a
General Partnership Agreement for a USA partnership with this comprehensive template.
- If either partner fails to make its capital contributions on time, the partnership will be dissolved.
- Voluntary capital contributions or withdrawals require the consent of all partners.
- Profits and losses will be divided equally among the partners.
- The partnership books will be kept on a fiscal year basis.
- New partners will be admitted with the written consent of all partners, and each new partner must match the initial capital contributions of the existing partners.
- The partnership dissolves upon the death, disability or voluntary withdrawal of a partner.
- Non-competition clause for withdrawing partners.
This
USA General Partnership Agreement template is available in MS Word format, and is fully editable to fit your specific circumstances.