Contract template · Partnership Agreements

Free Partnership Agreement Template

A Partnership Agreement governs a general or limited partnership — who contributes what, who decides what, how profits are split, and what happens when someone wants out. Without one, your partnership defaults to your state's UPA rules, which usually aren't what anyone wants.

What's in a Partnership Agreement?

A typical partnership agreement covers the following key clauses:

Capital contributions of each partner
Profit/loss allocation
Management and decision rights
Partner draws and distributions
Admission of new partners
Dissolution and buyout terms

Pick your industry

We've prepared an industry-tailored version of the Partnership Agreement for each of the 20 industries below. Click your industry to see the industry-specific considerations and a downloadable template.

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Legal disclaimer: This template is provided for general informational purposes and is not legal advice. Laws vary by state and country, and contract enforceability depends on specifics that this template can't anticipate. For high-stakes contracts, consult a licensed attorney in your jurisdiction.

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