Small Business Partnership Dissolution Agreement
Date:
This Dissolution Agreement ("Agreement") is entered into by and between:
and
(hereinafter "Partners")
Business Name:
Business Address:
1. Recitals
The Partners entered into a partnership under the above business name. The Partners now wish to dissolve the partnership.
2. Effective Date of Dissolution
The dissolution of the partnership shall be effective as of:
3. Winding Up Affairs
The Partners agree to wind up the affairs of the partnership by:
This includes payment of liabilities and distribution of partnership assets.
4. Distribution of Assets
The assets of the partnership shall be distributed as follows:
5. Release of Claims
Each Partner releases the other from all claims arising from the partnership except as stated in this Agreement.
6. Miscellaneous
This Agreement represents the entire understanding between the Partners and may only be amended in writing signed by both Partners.
This Agreement shall be governed by the laws of the State of:
Partner 1 Signature:
Name:
Partner 2 Signature:
Name: