Choose from five templates for different partnership arrangements
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Product ID: UK-CPptn01

Partnership agreement

This is a modern, comprehensive partnership agreement suitable for a business in any industry and with any number of partners.

It covers a large number of practical, commercial and administrative points that will help you manage your business and inter-partner relationships. This document should give you a high level of protection in today’s environment.

Despite the completeness and thoroughness of this document, editing is easy. It is written in plain English, without legal jargon or complicated paragraph referencing so that you can simply and easily delete what you don't need.

Suitable for use in: England & Wales and Scotland
£45.60 inc VAT (£38.00 ex VAT)
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Product ID: UK-CPptn02

Partnership dissolution agreement

This is a professionally drawn, simple agreement to dissolve a partnership. It gives you the legal and commercial framework you need for tying up the most important of the “loose ends” when you go your separate ways.

Most importantly, it is a document that negates the provisions for dissolution as contained in the Partnership Act 1890, most of which do not reflect how businesses operate today.

The agreement covers points such as what each partner will “buy” out of the business, who (if anyone) takes over the business, and how debts and assets will be divided.

Use also as a discussion document for your talks about separation. Partnership dissolutions can be stressful and time consuming. This agreement will enable you first to identify, then to deal simply and quickly with the main issues.

This agreement is ideal for small partnerships but can be used for larger ones as well. It can be used for businesses in any industry, from accounting to architecture to trades.

Suitable for use in: England & Wales and Scotland
£10.80 inc VAT (£9.00 ex VAT)
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Product ID: UK-CPptn05

Family partnership agreement

This partnership agreement has been drawn for people working in business together who simply do not need the full version we also offer - most likely because there is already a high level of trust and co-operation between the business partners.

However, we must make clear that this is not a basic or cut down version. This document has been professionally drawn to protect your interests and to provide a useful commercial framework for your work together.

Many families or groups of friends enter into business with each other without a formal agreement because they feel that there is no need to formalise the relationship when the partners trust each other. That is fine - the reason to use a partnership agreement with family and friends does not have to be for protection, but should be to contract out of the brutal default provisions of the Partnership Act 1890.

This agreement is ideal for groups of friends working together or for a family business, and for example, could be put in place when:

  • two or more friends start a new business together
  • a new person takes a share in an existing business operated by one person
  • existing family partners want to formalise their partnership agreement
  • existing partners want to change the balance of control and ownership of the business
Suitable for use in: England & Wales and Scotland
£28.80 inc VAT (£24.00 ex VAT)
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Product ID: UK-CPptn06

Limited liability partnership agreement

Protect your privacy with this professionally drawn and comprehensive limited liability partnership agreement.

The Limited Liability Partnership Act 2000 provides the structural framework for this agreement. Within that framework, you are free to make whatever arrangements you like, subject to normal contract law. This gives you great freedom, which is reflected in the many suggestions given in this agreement.

In this version, most or all partners are involved in running the business. It is drawn to cover a wide range of business sectors.

The document provides for statutory requirements as well as all usual inter-partner issues.

It also provides additional terms covering how a modern day business operates. Use it not only to protect legal rights but also to set out how you want your LLP to work.

The agreement covers not only partner rights, management obligations and procedures, but for example: protection of established and new intellectual property and derived products.

Suitable for use in: England & Wales and Scotland
£46.80 inc VAT (£39.00 ex VAT)
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Product ID: UK-CPptn07

Limited liability partnership agreement: managing partner and investors

This is a version of our standard LLP agreement, drawn for circumstances where one or more managing partners operate a business on behalf of others who do not play an active role in the day to day management.

It is most likely to be used to set out arrangements for an investment business, such as a venture capital fund or a vehicle for a family-owned company, where you want the privacy provided by an LLP.

It sets out the arrangements between the partners in much the same way as a shareholders’ agreement for a company. This document is suitable for a business in any industry.

Example uses of this document

  • for a business where there are regular changes in ownership of partnership 'shares'
  • where you have a greater requirement for privacy than is possible using a limited company
  • where you want to limit the liability of investor partners by transferring from a conventional partnership
  • where the partners are scattered, maybe working in different cities

where the nature of the business is high risk, and there is a requirement to keep safe the personal assets of the partners

Suitable for use in: England & Wales and Scotland
£46.80 inc VAT (£39.00 ex VAT)
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Product ID: UK-CPptn09

Admission of new partner agreement

This is a simple agreement whereby the old and new partners are joined in the terms of the original partnership deed.

The old partners give an indemnity against problems which might arise in connection with the time before the introduction of the new partner.

The document is suitable for an ordinary partnership or a limited liability partnership.

Suitable for use in: England & Wales and Scotland
£16.80 inc VAT (£14.00 ex VAT)
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Product ID: UK-CPptn08

Limited partnership agreement

This is a professionally drawn agreement to set up a partnership under the Limited Partnerships Act 1907.

This form of agreement is used most commonly for high risk ventures in property, finance, mining or research, where one or more partners is a limited company.

A limited partnership enables a single partner to carry the liability. That partner may be a limited company with few or no assets, so preserving the assets of other partners. Often, all partners are companies.

The registration requirement is very light. There is no requirement for submission of returns. Secrecy can be maintained.

The business of the partnership is assumed to be a single project or goal, short or long term.

Suitable for use in: England & Wales and Scotland
£46.80 inc VAT (£39.00 ex VAT)
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