partnership agreement
Joint venture terms
A partnership agreement is a contract between business partners establishing how their venture will operate.
It typically covers ownership percentages, profit distribution, decision-making authority, and procedures for adding or removing partners.
The document governs what happens if partners disagree or someone wants out: Their partnership agreement required unanimous consent for major decisions.
- business partnerCo-owner in enterprise
- general partnerFully liable business co-owner
- employment contractBinding job terms document
- contractEnforceable written agreement
- dissolutionBreaking up completely
limited liability · collaboration · profit-sharing · clause · non-compete · succession planning · fiduciary duty · arbitration · joint venture · equity · profit and loss · liability · governance · voting rights · indemnity · vested · valuation · buyout
- agreementshandshake, contract, nod, accords, verbal consent
- contractsbinding contracts, contract length, lease, clause, contract terms
- alliancesalliance, allies, ally, coalition, NATO alliance
- business documentsarticles of incorporation, invoice, charter, bylaws, contract
- legal documentscontract, affidavit, deed, will, subpoena
- official recordsbirth certificate, government documents, birth certificates, death certificate, death certificates
partnership agreementsole proprietorship
Unincorporated individual-owned business
self-employment · individual ownership · sole ownership · going it alone
partnership agreementtermination agreement
Contract formalizing job's end
severance agreement · litigation · hostile takeover · separation agreement · non-compete agreement