Partnership Details

• Indicate full name of the Partnership:

  !

  A general partnership name must be distinguishable and avoid misrepresentation.

  While many partnerships operate under their partners’ surnames, a unique name is also acceptable. The chosen name cannot be similar to existing registered names or misleadingly suggest government affiliation.

• Describe in details for which purpose/type of business the Partnership is created:

• Indicate full business address of the General Partnership:

• Indicate the date when this Partnership should start:

  !

  This is the date when a General Partnership should start operating and doing business.

• Select the state, where a General Partnership is being created:

  Choose option Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming District of Columbia

  !

  The laws of a state selected as an answer to this question will apply towards this Agreement.

Financial Contributions

• Select the form in which Partner 1 makes their contribution to the Partnership:

  • Monetary contribution
  • Certain goods
  • Certain services

• Describe the list of all services the Partner 1 shall contribute:

• Indicate the Partner's 1 cash contribution in USD:

• Describe in detail the list of all goods Partner 1 shall contribute:

• Select the form in which Partner 2 makes their contribution to the Partnership:

  • Monetary contribution
  • Certain goods
  • Certain services

• Describe the list of all services the Partner 2 shall contribute:

• Indicate the Partner's 2 cash contribution in USD:

• Describe in detail the list of all goods Partner 2 shall contribute:

• Select the form in which Partner 3 makes their contribution to the Partnership:

  • Monetary contribution
  • Certain goods
  • Certain services

• Describe the list of all services the Partner 3 shall contribute:

• Indicate the Partner's 3 cash contribution in USD:

• Describe in detail the list of all goods Partner 3 shall contribute:

• Select the form in which Partner 4 makes their contribution to the Partnership:

  • Monetary contribution
  • Certain goods
  • Certain services

• Describe the list of all services the Partner 4 shall contribute:

• Indicate the Partner's 4 cash contribution in USD:

• Describe in detail the list of all goods Partner 4 shall contribute:

• Describe in detail type and value of contributions made by each Partner:

• By which date all contributions should be made in full by Partners?

  !

  This is the latest date by which each Partner should make a full capital contribution.

• Indicate which exact percentage from all the Partnership's assets, liabilities and profits should belong to each of Partners:

Profits and Losses

• How frequently the Partnership's profits and losses should be distributed amongst the Partnership?

  • Every year
  • Every month
  • Every week
  • Other arrangement

• Describe in detail with which frequency the Partnership's profits and losses should be distributed amongst partners:

• Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 1:

• Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 2:

• Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 3:

• Indicate the percentage (%) from all assets, liabilities and losses of the Partnership that should belong to the Partner 4:

• Indicate the date and month, on which the Partnership's fiscal year should end:

• Indicate the full name of a Partner, who is appointed to deal with all tax matters regarding the Partnership:

Daily Management

• Should the Partnership be able to join new Partners?

  • Yes
  • No

• The Partnership may be dissolved only with:

  • Unanimous consent of all Partners
  • Majority vote of all the Partners (50% +1)

• How frequently regular meetings of all Partners should take place?

  • Every week
  • Every month
  • Every year
  • Other arrangement

• Describe in detail how frequently all Partners should meet together to discuss Partnership's business:

• Who should manage the daily operations of the Partnership?

  • All partners together
  • A specifically designated partner

• Indicate the full name of a Managing Partner. This is a partner who will manage and control of the day-to-day business of the Partnership.

• Do you want to add a signature?

  • Yes
  • No

• Partner's signature

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