Partnership Agreement Template Ontario – Canada

You can access the Partnership Agreement Template – Ontario, Canada in several formats, including PDF, Word, and Google Docs. These formats are fully customizable and suitable for printing, ensuring they cater to your requirements effortlessly.


Sample

Partnership Agreement Template Ontario – 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 and Non-Disclosure Agreement

8. Governing Law

9. Amendments

10. Signatures and Acceptance




PDF


WORD

Examples


Partnership Agreement Template – Ontario, Canada (1)
Between:
[Partner 1’s Name]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
And:
[Partner 2’s Name]
[Partner 2’s ID]
[Partner 2’s Address]
[Partner 2’s Phone]
[Partner 2’s Email]
Introduction:
This Partnership Agreement (“Agreement”) outlines the terms between [Partner 1’s Name] and [Partner 2’s Name] for the creation and operation of a partnership, effective from [Start Date].
Clause 1: Purpose of Partnership
The partnership is established for the purpose of engaging in [specific business activities or services], aiming for mutual profit and growth.
Clause 2: Contributions
Each Partner agrees to contribute capital, assets, or services as follows: [describe specific contributions by each partner].
Clause 3: Profit and Loss Distribution
Profits and losses will be shared equally or according to [specify different percentages/ratios], reflecting each Partner’s contributions.
Clause 4: Management and Responsibilities
Each Partner will have the authority to make decisions in the scope of their expertise and will be responsible for [specific duties or roles].
Clause 5: Duration and Termination
This Agreement shall commence on [Start Date] and shall continue until terminated by either party with [Notice Period] written notice.
Clause 6: Confidentiality
Both Partners agree to maintain confidentiality regarding the operations and financial matters of the Partnership and not disclose any proprietary information to third parties.
Clause 7: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of Ontario, Canada.
Signed in [City], [Date].
Sincerely,
[Partner 1’s Signature]
[Partner 1’s Name]
[Partner 2’s Signature]
[Partner 2’s Name]
Partnership Agreement Template – Ontario, Canada (2)
Between:
[Partner 1’s Name]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
And:
[Partner 2’s Name]
[Partner 2’s ID]
[Partner 2’s Address]
[Partner 2’s Phone]
[Partner 2’s Email]
Introduction:
This Agreement establishes the framework for a partnership between [Partner 1’s Name] and [Partner 2’s Name] starting on [Start Date], focusing on [specific business activities].
Clause 1: Partnership Objectives
The objectives of this Partnership are to [elaborate on the goals and the vision of the partnership].
Clause 2: Capital Contributions
Each Partner shall contribute capital in the following amounts: [specify amounts], and shall provide additional resources as needed to fulfill the partnership’s objectives.
Clause 3: Management Structure
The business shall be managed jointly, and decisions will be made based on mutual consent, particularly for expenditures exceeding [amount].
Clause 4: Indemnification
Each Partner agrees to indemnify and hold the other harmless from any liability resulting from their own actions or omissions carried out in the interest of the Partnership.
Clause 5: Resolution of Disputes
Any disputes arising from this Agreement shall be resolved through mediation, and if unresolved, shall be subject to binding arbitration in Ontario.
Clause 6: Amendment
This Agreement may only be amended in writing and signed by both Partners. Changes should reflect mutual agreement and understanding.
Clause 7: Governing Law
This Agreement shall be governed by Ontario laws, and all disputes will be handled in courts located within [specific jurisdiction].
Signed in [City], [Date].
Sincerely,
[Partner 1’s Signature]
[Partner 1’s Name]
[Partner 2’s Signature]
[Partner 2’s Name]

Printable




Partnership Agreement Template Ontario - Canada