Medical Practice Partnership Agreement

This Medical Practice Partnership Agreement (“Agreement”) is made and entered into as of by and between:

• (“Partner 1”)
• (“Partner 2”)

The parties agree to enter into a partnership for the purpose of operating a medical practice according to the terms below.

1. Name and Purpose

The partnership will operate under the name: (“Practice Name”).
Purpose:

2. Principal Place of Business

The principal office and location of the practice will be at:

3. Term

This Agreement shall commence on and continue until terminated in accordance with this Agreement.

4. Capital Contributions

1. Partner 1 shall contribute:
2. Partner 2 shall contribute:

5. Profits and Losses

The net profits and losses of the practice shall be divided among the partners as follows:

• Partner 1: %
• Partner 2: %

6. Management and Duties

The partners shall have equal rights in the management of the practice. The duties and responsibilities of each partner are detailed as follows:

• Partner 1 responsibilities:
• Partner 2 responsibilities:

7. Banking

All partnership funds shall be deposited in the name of the practice at a bank selected by the partners.

8. Decision Making

All major decisions shall require the consent of all partners.

9. Admission, Retirement, or Expulsion of Partners

Procedures for admission, retirement, or expulsion of a partner:

1. Admission:
2. Retirement:
3. Expulsion:

10. Dissolution

Procedures for dissolution of the partnership:

11. Miscellaneous

• Governing Law:
• Notices:
• Entire Agreement: