Partnership Agreement definition: Copy, customize, and use instantly
Introduction
The term "Partnership Agreement" refers to a contract between two or more parties that outlines the terms and conditions under which they will operate together in a business venture. It defines the roles, responsibilities, and obligations of the partners, and ensures the partnership is managed in accordance with agreed-upon terms.
Below are various examples of how "Partnership Agreement" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Partnership Agreement" as a general partnership
This definition ties "Partnership Agreement" to a general partnership.
"Partnership Agreement" means a contract between two or more individuals or entities forming a general partnership, outlining each partner's responsibilities, profit-sharing arrangements, and dispute resolution processes.
Definition of "Partnership Agreement" as a limited partnership
This definition connects "Partnership Agreement" to a limited partnership.
"Partnership Agreement" refers to a contract that establishes a limited partnership, specifying the roles and liabilities of the general partners and limited partners, as well as the distribution of profits.
Definition of "Partnership Agreement" as a partnership in a specific industry
This definition links "Partnership Agreement" to an industry-specific partnership.
"Partnership Agreement" means a contract between parties forming a partnership specifically for operating in [industry], outlining the allocation of responsibilities, capital contributions, and profit-sharing.
Definition of "Partnership Agreement" as a profit-sharing partnership
This definition applies "Partnership Agreement" to profit-sharing arrangements.
"Partnership Agreement" refers to an agreement between partners who share the profits of a business venture according to a pre-established ratio, and outlines each partner’s contributions and obligations.
Definition of "Partnership Agreement" as a strategic alliance
This definition ties "Partnership Agreement" to a strategic alliance.
"Partnership Agreement" means a contract formed between two or more parties to cooperate in achieving mutual business objectives, where each party retains its independence while sharing resources and risks.
Definition of "Partnership Agreement" as a joint venture
This definition connects "Partnership Agreement" to a joint venture.
"Partnership Agreement" refers to an agreement forming a joint venture between two or more parties, specifying the scope of the venture, contributions, responsibilities, and the distribution of profits and losses.
Definition of "Partnership Agreement" as a partnership with limited liability
This definition links "Partnership Agreement" to limited liability.
"Partnership Agreement" means a contract establishing a partnership with limited liability for certain partners, specifying the roles and responsibilities of the general partners and the limited liability partners.
Definition of "Partnership Agreement" as an agreement for professional services
This definition applies "Partnership Agreement" to a professional service arrangement.
"Partnership Agreement" refers to a contract between professionals (such as lawyers, doctors, or accountants) forming a partnership to provide services, detailing their respective contributions and obligations.
Definition of "Partnership Agreement" as an agreement for a family business
This definition connects "Partnership Agreement" to family businesses.
"Partnership Agreement" refers to an agreement between family members forming a partnership for the operation of a family business, specifying their roles, financial contributions, and methods for resolving disputes.
Definition of "Partnership Agreement" as a silent partnership
This definition links "Partnership Agreement" to silent partnerships.
"Partnership Agreement" means a contract between a silent partner and an active partner, where the silent partner provides capital but does not participate in the management or operation of the business.
Definition of "Partnership Agreement" as a partnership with equity sharing
This definition ties "Partnership Agreement" to equity sharing.
"Partnership Agreement" refers to an agreement between partners who contribute both capital and expertise, and who share equity and profits according to their contributions.
Definition of "Partnership Agreement" as a partnership with a fixed term
This definition connects "Partnership Agreement" to fixed-term partnerships.
"Partnership Agreement" refers to a contract that establishes a partnership for a defined term, specifying the start and end dates, as well as the partners’ obligations during that period.
Definition of "Partnership Agreement" as a partnership in a real estate project
This definition links "Partnership Agreement" to real estate ventures.
"Partnership Agreement" means an agreement between parties involved in a real estate development project, outlining their roles, contributions, and profit-sharing arrangements related to the project.
Definition of "Partnership Agreement" as a partnership for financing
This definition ties "Partnership Agreement" to financing ventures.
"Partnership Agreement" refers to an agreement between investors and operators where the partners contribute capital and expertise for financing a business or project, with profits distributed based on ownership shares.
Definition of "Partnership Agreement" as a partnership in research and development
This definition connects "Partnership Agreement" to R&D collaborations.
"Partnership Agreement" means a contract between entities in a research and development partnership, outlining the scope of the R&D efforts, the sharing of intellectual property, and the distribution of any resulting profits.
Definition of "Partnership Agreement" as an equity joint venture
This definition links "Partnership Agreement" to an equity-based joint venture.
"Partnership Agreement" refers to a contract for a joint venture between two or more parties, where each partner contributes capital, and profits and losses are shared based on equity ownership.
Definition of "Partnership Agreement" as a partnership for an import/export business
This definition applies "Partnership Agreement" to international trade.
"Partnership Agreement" refers to a contract between two or more parties engaged in an import/export business, specifying roles, contributions, profit distribution, and the management of international trade operations.
Definition of "Partnership Agreement" as an agreement for technology licensing
This definition ties "Partnership Agreement" to technology licensing.
"Partnership Agreement" means a contract between parties where one partner licenses its technology or intellectual property to another partner, with terms for revenue sharing and licensing fees.
Definition of "Partnership Agreement" as a contract for a multi-party venture
This definition connects "Partnership Agreement" to multi-party ventures.
"Partnership Agreement" refers to an agreement between multiple parties who pool their resources, knowledge, and skills to pursue a common business goal, sharing profits and liabilities according to the terms of the contract.
Definition of "Partnership Agreement" as a non-equity partnership
This definition links "Partnership Agreement" to non-equity ventures.
"Partnership Agreement" refers to a partnership where the parties collaborate without any equity sharing, with each partner contributing resources or services in exchange for compensation or other benefits.
Definition of "Partnership Agreement" as a partnership with shared decision-making
This definition ties "Partnership Agreement" to decision-making processes.
"Partnership Agreement" means a contract that outlines how decisions will be made within the partnership, specifying the rights and responsibilities of each partner in management and operations.
Definition of "Partnership Agreement" as a partnership with an exit strategy
This definition connects "Partnership Agreement" to exit strategies.
"Partnership Agreement" refers to an agreement that includes provisions for the exit of a partner, outlining buyout terms, valuation methods, and the procedures to be followed in case a partner wishes to leave.
Definition of "Partnership Agreement" as a partnership with profit and loss sharing
This definition links "Partnership Agreement" to financial arrangements.
"Partnership Agreement" means a contract where partners agree to share profits and losses according to a pre-established formula based on their contributions or other agreed factors.
Definition of "Partnership Agreement" as a partnership for manufacturing
This definition ties "Partnership Agreement" to manufacturing ventures.
"Partnership Agreement" refers to an agreement between parties who collaborate in the manufacturing of products, specifying responsibilities, costs, and the sharing of manufacturing profits.
Definition of "Partnership Agreement" as a partnership in franchising
This definition connects "Partnership Agreement" to franchising.
"Partnership Agreement" means a contract between a franchisor and a franchisee, outlining the terms for the franchise relationship, including financial contributions, obligations, and profit sharing.
Definition of "Partnership Agreement" as a partnership for service delivery
This definition links "Partnership Agreement" to service-based businesses.
"Partnership Agreement" refers to a contract between service providers who agree to deliver services jointly, defining the division of responsibilities and profit-sharing arrangements.
Definition of "Partnership Agreement" as a partnership with intellectual property sharing
This definition ties "Partnership Agreement" to intellectual property.
"Partnership Agreement" means a contract where the partners agree to share intellectual property, with clear terms on ownership, use, and revenue-sharing from the intellectual property created or licensed.
Definition of "Partnership Agreement" as a partnership for mutual business growth
This definition connects "Partnership Agreement" to growth initiatives.
"Partnership Agreement" refers to an agreement formed to foster mutual growth between partners, with terms outlining how each party will contribute to the partnership’s expansion and success.
Definition of "Partnership Agreement" as a partnership for educational purposes
This definition links "Partnership Agreement" to educational ventures.
"Partnership Agreement" means a contract between educational institutions or organizations for the joint provision of educational services or programs, specifying roles, resources, and profit-sharing.
Definition of "Partnership Agreement" as a partnership for environmental projects
This definition ties "Partnership Agreement" to environmental initiatives.
"Partnership Agreement" refers to an agreement between parties who collaborate on environmental projects, specifying contributions to environmental conservation, project management, and benefit-sharing.
Definition of "Partnership Agreement" as a partnership for research
This definition connects "Partnership Agreement" to research collaborations.
"Partnership Agreement" means a contract between organizations or individuals engaging in collaborative research, outlining responsibilities, funding, intellectual property rights, and publication rights.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.