General Partnership Agreement


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Business Negocio legal Legal agreement acuerdo partnership asociación shall deberá partner compañero

How to draft a proper General Partnership Agreement? Download this General Partnership Agreement template that will perfectly suit your needs!

Legal communication is essential to individuals and companies to ensure truthful, accurate information exchange and enable morally-correct decision making. This is important to give consideration on how to communicate and how to remain lawful in your day-to-day business activities. Therefore, communication in situations that involve legal complications, request extra attention. Using our easy-to-modify General Partnership Agreement helps to make a perfect document for any kind of personalized legal matter.

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The estate of the deceased Partner shall be obligated to sell his or her Partnership interest as provided in this Agreement and shall be entitled, at the election of the personal representative of the deceased Partner, either to one-half of the net profits earned by the Partnership business during this -day period or to (Number) interest for the use during this period of the deceased’s interest in the Partnership business at the rate of percent a year on the value of the partnership interest determined as provided in Paragraph 17 of this Agreement.. All notices between the parties provided for or permitted under this Agreement or by law shall be in writing and shall be deemed duly served when personally delivered to a Partner or, instead of personal service, when deposited in the United States mail, as certified, with postage prepaid, and addressed to the partner at the address of the principal place of business of the Partnership or to another place that may from time to time be specified in a notice given pursuant to this paragraph as the address for service of notice on the Partner..  

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