Silent Partner Investment Agreement
This Silent Partner Investment Agreement ("Agreement") is entered into as of
, by and between:
-
Business Owner:
-
Silent Partner:
1. Investment
The Silent Partner agrees to invest the amount of
in the business known as
("Business").
2. Terms of Investment
- The Silent Partner shall receive
percent ownership of the Business in exchange for the investment.
- The Silent Partner shall not be involved in the day-to-day operations or management of the Business.
- Profit distributions, if any, shall be provided to the Silent Partner as follows:
3. Rights and Obligations
- The Silent Partner's liability is limited to the amount of their investment.
- The Business Owner shall maintain full control and authority over the operation and management of the Business.
- Both parties agree to act in good faith and in the best interests of the Business.
4. Term and Termination
- This Agreement shall remain in effect until
, unless terminated earlier by mutual agreement.
- Upon termination, the Silent Partner shall be entitled to
.
5. Miscellaneous
- This Agreement represents the entire understanding between the parties.
- Any amendments must be in writing and signed by both parties.
- This Agreement shall be governed under the laws of
.