Simple Partnership and Investment agreement with partner details, investment details, services, products, partnership period, location, bank & profit sharing.

Sample Business Partnership Agreement & Deed

AGREEMENT FOR ASSOCIATION OF PERSONS

This Agreement for association of persons is made on this ___”Agreement Date”___________, by and between

• “Name of First Partner” Resident of “Address “, hereinafter called the party of the First part.
• “Name of Second Partner”, Resident of “Address”, hereinafter called the party of the Second part.

WHEREAS BOTH THE ABOVE PARTIES ARE SOFTWARE QUALIFIED ENGINEERS “Profession” AND INTEND TO COMMENCE THE BUSINESS JOINTLY UNDER THE STATUS OF AOP. NOW THID DEED IS WITNESS AS UNDER:-

1. That this agreement shall take effect from “Date”.
   
2. That they will continue the business under the name and style of M/S Company Name, Country.
   
3. That place of business shall remain located at Complete Address. However, the same can be changed with mutual consent of the members.
   
4. That Mr. Name of Partner Party of the First part will be the Managing Partner.
   
5. That the nature of business shall be to provide the service\trade\manufacturing of “service name\product name like software development, website development and networking services” in or outside Region\country or any other business which is beneficial for this arrangement shall also be conducted with the mutual consent of the members.
   
6. That the capital shall be as per books of accounts.
   
7. Bank account/accounts shall be operated jointly by the partners or through authorized person/persons with mutual consent of both the parties.
   
8. That the account shall be closed on Year Closing Date of each year.
   
9. That the profit and loss shall be shared equally by the members.
   
10. That each member shall pay his own Income / Wealth Tax as and when assessed under the law.
    
11. That this agreement will be AT-WILL.
    
12. That any dispute or difference which may arise among the partners relating to the business shall be settled mutually or through arbitration.
    

IN WITNESS, WHEREOF THE ABOVE MEMBERS HAVE HERETO SIGNED THIS AGREEMENT TO THEIR OWN FREE WILL IN THE PRESENCE OF ATTESTING WITNESS ON THE DATE FIRST ABOVE NAMED.

_____________________   Signature Partner 1 Name of Partner

_____________________   Signature Partner 2 Name of Partner

Witness to your signature:

1. Witness Name:

Witness Address:

Witness Signature

2. Witness Name:

Witness Address:

Witness Signature