Family Business Partnership Agreement

Date:

This Family Business Partnership Agreement (the "Agreement") is entered into by and between:

Name:
Address:
("Partner 1")

Name:
Address:
("Partner 2")

Additional Partners (if any):

1. Business Name and Purpose

The partners form a partnership under the name:
(the "Partnership").

The purpose of the Partnership is:

2. Principal Place of Business

The principal office of the Partnership will be located at:

3. Term

This Agreement will commence on the above date and will continue until terminated in accordance with this Agreement.

4. Capital Contributions

Each partner shall contribute to the Partnership as follows:

• Partner 1:
• Partner 2:
• Other Partners:

5. Profits, Losses, and Distributions

Profits and losses shall be divided among the partners as follows:

• Partner 1: %
• Partner 2: %
• Other Partners: %

Distributions shall be made as agreed by the Partners.

6. Management and Decision Making

The management of the Partnership shall be conducted as follows:

7. Banking

The Partnership's funds shall be placed in a Partnership account at:

8. Withdrawal or Addition of Partners

Provisions regarding the admission or withdrawal of partners:

9. Dissolution

The Partnership may be dissolved under the following conditions:

10. Miscellaneous

• Governing Law:
• Amendments:
• Entire Agreement:
• Signatures:

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IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

_____________________________
Partner 1 Signature & Date

_____________________________
Partner 2 Signature & Date

_____________________________
Additional Partner(s) Signature & Date