Partnership Agreement Template – Canada

The Partnership Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These formats are fully customizable and easy to print, catering to your specific requirements effortlessly.


Sample

Partnership Agreement Template – Canada

Editable – Printable



1. Parties Involved



2. Purpose of the Partnership

3. Contributions of Each Partner

4. Profit and Loss Distribution

5. Duration of Partnership

6. Termination Conditions

7. Confidentiality Obligations

8. Dispute Resolution

9. Governing Law

10. Signatures and Acceptance




PDF


WORD

Examples


Partnership Agreement Template – Canada (1)
Between:
[Partner 1 Name]
[Partner 1 Address]
[Partner 1 Phone]
[Partner 1 Email]
And:
[Partner 2 Name]
[Partner 2 Address]
[Partner 2 Phone]
[Partner 2 Email]
Introduction:
This Partnership Agreement (“Agreement”) outlines the terms and conditions of the collaboration between [Partner 1 Name] and [Partner 2 Name] for conducting business activities, effective as of [Start Date].
Clause 1: Purpose of the Partnership
The purpose of this partnership is to engage in [describe the nature of the business or project] and achieve shared financial success.
Clause 2: Capital Contributions
Each partner shall contribute [describe contributions, e.g., capital, assets, labor] to the partnership. The contributions of each partner will be equal or as otherwise defined in this Agreement.
Clause 3: Profit and Loss Distribution
Profits and losses will be distributed among the partners based on the percentage of their contributions, or as otherwise agreed upon in writing.
Clause 4: Management of Partnership
Both partners will participate in the management and decision-making processes of the business. Major decisions will require the consent of both partners.
Clause 5: Term and Termination
This Agreement shall commence on [Start Date] and continue until terminated by either party with a written notice of [Notice Period].
Clause 6: Confidentiality
Both partners agree to maintain confidentiality regarding proprietary information and trade secrets of the partnership disclosed in the course of business.
Clause 7: Governing Law
This Agreement will be governed by the laws of Canada.
Signed in [City], [Date].
Sincerely,
[Partner 1 Signature]
[Partner 1 Name]
[Partner 2 Signature]
[Partner 2 Name]
Partnership Agreement Template – Canada (2)
Between:
[Partner 1 Name]
[Partner 1 Address]
[Partner 1 Phone]
[Partner 1 Email]
And:
[Partner 2 Name]
[Partner 2 Address]
[Partner 2 Phone]
[Partner 2 Email]
Introduction:
This Agreement establishes the terms for the partnership between [Partner 1 Name] and [Partner 2 Name], commencing on [Start Date], aiming to [describe business goals or objectives].
Clause 1: Partnership Structure
The partnership shall be structured as a [describe structure, e.g., general partnership, limited partnership] and shall operate under the name [Partnership Name].
Clause 2: Contributions and Responsibilities
Each partner agrees to provide the following: [detail the financial, operational, or resource contributions] and to fulfill their respective responsibilities in managing the business.
Clause 3: Distribution of Earnings
Earnings will be distributed to the partners according to the agreed percentages: [Percentage for Partner 1]% to [Partner 1 Name] and [Percentage for Partner 2]% to [Partner 2 Name].
Clause 4: Meetings
Regular meetings will be held [specify frequency, e.g., monthly] to discuss business affairs, and all partners must attend unless a valid reason exists.
Clause 5: Amendments
This Agreement may be amended only in writing and signed by all partners.
Clause 6: Indemnification
Each partner shall indemnify and hold harmless the other from any claims arising from the partner’s misconduct or negligence.
Clause 7: Governing Law
This Agreement shall be governed by the laws of Canada.
Signed in [City], [Date].
Sincerely,
[Partner 1 Signature]
[Partner 1 Name]
[Partner 2 Signature]
[Partner 2 Name]

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Partnership Agreement Template - Canada