Edit Business Partnership Agreement - LegalDocs.pk

This Business Partnership Agreement is made on [AgreementDate] at [AgreementPlace] between:

Partner 1:
Name: [Partner1FullName]
Father’s/Husband’s Name: [Partner1GuardianName]
CNIC No.: [Partner1CNIC]
Address: [Partner1Address]

Partner 2:
Name: [Partner2FullName]
Father’s/Husband’s Name: [Partner2GuardianName]
CNIC No.: [Partner2CNIC]
Address: [Partner2Address]

Add more partners if needed [Add More Partners If Need]

Whereas the above parties have mutually agreed to form a partnership business under the following terms and conditions:

Business Name & Address:
The partnership business shall be carried on under the name of [BusinessName] at [BusinessAddress].

Capital Contribution:

Each partner shall contribute the following capital:

Partner 1: PKR [Partner1Capital]

Partner 2: PKR [Partner2Capital]
Add more if needed [Add More-needed]

Profit & Loss Sharing:
Profits and losses shall be shared as follows:

Partner 1: [Partner1Share]%

Partner 2: [Partner2Share]%
Add more if needed [Add More Needed]

Bank Account:
The partnership shall operate a bank account at [BankName], [BankBranch], operated by [AuthorizedSignatory].

Duration:
The partnership shall commence from [StartDate] and continue [For A Fixed Period/until Dissolved By Mutual Consent].

Admission/Retirement of Partners:
Any new partner may be admitted or existing partner may retire as per mutual agreement.

Dissolution:
The partnership may be dissolved by mutual consent or as per law.

Other Terms:
[OtherTerms]

IN WITNESS WHEREOF, the parties have signed this agreement on the date and place mentioned above.

Partner 1 Signature: ____________________
Partner 2 Signature: ____________________
Date: [Agreement-Date]
Place: [Agreement-Place]