Partnership agreement

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Partnership agreement

A written agreement among partners detailing the terms and conditions of participation in a business ownership arrangement.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Partnership Agreement

An agreement between two or more parties stating the terms of a partnership. Among the provisions of a partnership agreement are whether it is a general partnership, a limited partnership, or a limited liability partnership. The agreement also specifies the specific terms of the partnership, such as the division of profit and risk.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
Either I should cancel our partnership agreement and go away, leaving you to get another chaperone to chaperone your chaperone; or else I'd take the old hen out in the whale-boat and drown her.
At this stage, as all the partners are from one family, they are often not inclined to enter into a written partnership agreement. Legally, there is no requirement to put in place a written agreement, but if you do not then the provisions of the Partnership Act 1890 will apply by default.
M2 EQUITYBITES-May 31, 2019-Cummins and Isuzu sign powertrain partnership agreement
Global Banking News-May 31, 2019-Cummins and Isuzu sign powertrain partnership agreement
LONDON (Alliance News) - Global Ports Holding PLC on Thursday said it has agreed an equity partnership agreement with Royal Caribbean Cruises Ltd in relation to GPH Antigua Ltd.
Abu Dhabi-based Al Seer Marine, a key manufacturer of unmanned surface vessel (USV), has signed a strategic partnership agreement with Saudi Arabia's Advanced Electronics Company (AEC) to build unmanned surface vessels for Saudi Arabia.
Generally, partnerships have a written partnership agreement that sets out the partners' duties and the allocation to those partners of the partnership's tax and economic items.
The Economic Partnership Agreement between the EU and Japan, approved with 474 votes to 152, will remove almost all customs duties adding up to 1 billion euros (USD 1.13 billion) annually for EU companies.
Azerbaijan's Deputy Foreign Minister Mahmud Mammad-Guliyev has expressed hope that by the end of 2018, in any case, by the next Eastern Partnership meeting, Azerbaijan and the EU will complete talks on the new strategic partnership agreement.
- Partnership agreement in the higher education and scientific research field
President of Kazakhstan Nursultan Nazarbayev ratified the strategic partnership agreement between Kazakhstan and Turkmenistan inked during the visit of President of Turkmenistan Gurbanguly Berdimuhamedov to Astana in April 2017.

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