General partnership agreement form

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1. THIS PARTNERSHIP AGREEMENT is entered into on between
the following persons:

NAME

ADDRESS


NAME

ADDRESS


NAME

ADDRESS


The above-named persons agree that upon the commencement date of this
partnership, they shall be deemed to have become partners in business. The
purposes, terms and conditions of this partnership are as follows:

1. Name - The firm name of the partnership shall be





2. Principal place of business - The principal place of business of the
partnership shall be







3. Purpose - The business of the partnership is set forth below and
includes any other business related thereto.
















4. Term - The partnership shall commence on and continue until dissolved
by mutual agreement of the partners.

5. Capital contribution and distribution of profits and losses:

Name of partner Capital contribution









6. Control - The partners shall have exclusive control over the business
and each partner shall have equal rights in the management and conduct of
the partnership business. Any difference arising as to the ordinary
matters connected with the partnership business shall be decided by a third
party arbitrator chosen and agreed upon by the partners. Any act beyond
the scope of this partnership agreement or any contract that may subject
this partnership to liability in excess of one hundred thousand dollars
shall be subject to the prior written consent of all of the partners.

7. Disputes - Disputes that would jeopardize new business, contracts, or
existing clients and cannot be resolved by the partners within thirty days
will be submitted to a mutually agreed upon arbitrator whose decision will
be final. Any disagreements or differences that affect the management of
the partnership business and would jeopardize new business, contracts, or
existing clients and cannot be resolved by the partners within thirty days
will be submitted to an arbitration process designed to repair the
partnership relationship and solve said differences or disputes.

8. Selling out - If a general partner decides to sell their interests in
the partnership business to the remaining partner the interests will be
valued at the one half the current business equity plus two percent or the
in effect cost of living percentage. Payment for the interests sold shall
be made over a period of three years. No general partner may sell their
interests in the partnership business to a third party unless it is
mutually agreed to by the general partners. Thirty days written notice of
proposed sell out to each general partner by the selling partner is
required

9. Dissolution - In the event of retirement, expulsion, bankruptcy, death,
or insanity of a general partner, the remaining partners have the right to
continue the business of the partnership under the same name by themselves,
or in conjunction with any other persons they select.

Signatures of the Partners


___________________________________

Full name:

___________________________________

Full name:

___________________________________

Full name: