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Partnership Agreement Template

A Partnership is a professional relationship among 2 or more individuals who are taking on a common business with the purpose of making a profit. The quantity of Partners is restricted to 20 and these Partners may be either individuals or corporate entities.

 




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Limited Liability Partnership


A Limited Liability Partnership (LLP) is a partnership where some or all partners (according to the legal system) have limited legal responsibility. It consequently demonstrates aspects of partnerships and corporations. Within an LLP a single partner isn't accountable or liable for another partner's misconduct or neglectfulness.



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Franchise Agreement

This Franchise Agreement is for a person or organisation (the Franchisor) who wishes to grant the right to another person or organisation (the Franchisee) to operate an outlet of the Franchise business within a particular territory. The contract is suitable for a Franchisor based in the UK who intends to develop a network of outlets and requires each unit to follow the same formula.



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