Partnership agreement-constant review-3 partners-old p
Simple contract. Any State. This partnership agreement is for 3 partners who are seeking to formalise a partnership that has been going for many years with a new partnership agreement. It sets up the agreed levels of the individual partner's capital account at the moment of agreement and allows for these levels to be changed by mutual consent throughout the life of the partnership and for the balance on that account at the end of the period to dictate the percentage (share) of profits or losses to be appropriated by the partner for the period.