Partnership agreement -set %-3 partners-new p'ship-sp
Simple contract. Special. This partnership agreement is for 3 partners in a new partnership. It contains different levels of initial investment and continuing obligations and benefits derived from that initial investment. It seeks to keep the relative proportions of profit/loss/contribution/drawing of each partner the same as a set percentage throughout the life of the partnership. This often happens where an initial contribution, or an invention or a special expertise etc. requires a particular partner to be recognised throughout the life of the partnership.