Small Business Partnership Agreement

This Partnership Agreement ("Agreement") is made and entered into on this day of , , by and between:

Partner 1:
Address:

Partner 2:
Address:

(Collectively, the "Partners")

1. Partnership Name and Purpose

The Partners hereby form a partnership under the name (the "Partnership") to conduct the following business:

2. Principal Place of Business

The principal office of the Partnership shall be located at:

3. Term

The Partnership shall begin on and continue until terminated as provided in this Agreement.

4. Capital Contributions

Each Partner shall contribute the following capital:

• Partner 1:
• Partner 2:

5. Profit and Loss Allocation

Profits and losses shall be divided as follows:

• Partner 1: %
• Partner 2: %

6. Management and Authority

The Partners agree on the following management structure and authorities:

7. Banking

The Partnership's funds will be held in the following bank account:

8. Admitting New Partners

Procedures for admitting new partners:

9. Withdrawal or Death of a Partner

Terms relating to the withdrawal or death of a partner:

10. Dissolution

Terms for dissolving the Partnership:

11. Miscellaneous

Additional terms:

Signatures

Partner 1: ___________________________ Date: ___________

Partner 2: ___________________________ Date: ___________