1.Name and Business
The parties hereby form a partnership under the name of [Inrt Business Name] to produce [Inrt Business Product/Service]. The principal office of the business shall be [Inrt Address].
2.Term
taiwaneThe partnership shall begin on [Inrt Date], and shall continue until terminated.
3.Capital
The capital of the partnership shall be contributed in cash by the partners as follows:
∙ A parate capital account shall be maintained for each partner.
∙Neither partner shall withdraw any part of their capital account.
∙Upon the demand of either partner, the capital accounts of the partners shall be maintained at all times in the proportions in which the partners share in the profits and loss of the
partnership.
4.Profit and Loss
七一颂歌The net profits of the partnership shall be divided equally between the partners and the net loss shall be borne equally by them. A parate income account shall be maintained for each partner.
Partnership profits and loss shall be charged or credited to the parate income account of each partner. If a partner has no credit balance in their income account, loss shall be charged to their capital account.
5.Salaries and Withdrawals
Neither partner shall receive any salary for rvices rendered to the partnership. Each partner may, from time to time, withdraw the credit balance in their income account.
6.Interest
positivelyNo interest shall be paid on the initial contributions to the capital of the partnership or on any subquent contributions of capital.
7.Management Duties and Restrictions
spamfighterThe partners shall have equal rights in the management of the partnership business, and each partner shall devote their entire time to the conduct of the business. Without the connt of the other partner neither partner shall on behalf of the partnership borrow or lend money, or make, deliver, or accept any commercial paper, or execute any mortgage, curity agreement, bond, or lea, or purcha or contract to purcha, or ll or contract to ll any property for or of the partnership other than the type of property bought and sold in the regular cour of its business. 8.Banking
All funds of the partnership shall be deposited in its name in such checking account or accounts as shall be designated by the partners. All withdrawals therefrom are to be made upon checks signed by either partner.
9.Books
无忧雅思口语机经The partnership books shall be maintained at the principal office of the partnership, and each partner shall at all times have access thereto. The books shall be kept on a fiscal year basis, and
arriveshall be clod and balanced at the end of each fiscal year. An audit shall be made as of the closing date.
10.Voluntary Termination
The partnership may be dissolved at any time by agreement of the partners, in which event the partners shall proceed with reasonable promptness to liquidate the business of the partnership. The partnership name shall be sold with the other asts of the business. The asts of the partnership business shall be ud and distributed in the following order:
(a) to pay or provide for the payment of all partnership liabilities and liquidating expens and
obligations;
(b) to equalize the income accounts of the partners;
(c) to discharge the balance of the income accounts of the partners;allegorical
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(d) to equalize the capital accounts of the partners; and
修改病句练习及答案(e) to discharge the balance of the capital accounts of the partners.
11.Death
Upon the death of either partner, the surviving partner shall have the right either to purcha the interest of the decedent in the partnership or to terminate and liquidate the partnership business. If the surviving partner elects to purcha the decedent's interest, he shall rve notice in writing of such election, within three months after the death of the decedent, upon the executor or
administrator of the decedent, or, if at the time of such election no legal reprentative has been appointed, upon any one of the known legal heirs of the decedent at the last-known address of such heir.
(a) If the surviving partner elects to purcha the interest of the decedent in the partnership, the
purcha price shall be equal to the decedent's capital account as at the date of their death plus the decedent's income account as at the end of the prior fiscal year, incread by their share of partnership profits or decread by their share of partnership loss for the period from the
beginning of the fiscal year in which their death occurred until the end of the calendar month
in which their death occurred, and decread by withdrawals charged to their income account during such period. No allowance shall be made for goodwill, trade name, patents, or other
intangible asts, except as tho asts have been reflected on the partnership books
immediately prior to the decedent's death; but the survivor shall nevertheless be entitled to u the trade name of the partnership.
(b) Except as herein otherwi stated, the procedure as to liquidation and distribution of the
asts of the partnership business shall be the same as stated in paragraph 10 with reference to voluntary termination.
车次英文12.Arbitration
Any controversy or claim arising out of or relating to this Agreement, or the breach hereof, shall be ttled by arbitration in accordance with the rules, then obtaining, of the American Arbitration
Executed this ______________ day of _________________, [Inrt Year] in [Inrt City, State].
________________________ ________________________ Signature of Party 1Signature of Party 2
