A Partnership agreement contract is an official document which is initiated by the two parties who are willing to share the profits & losses in the business or trade. Such a contract is based on the legitimate commitments, official covenants and sharing of profits & losses.

Sample Partnership Agreement Contract:

Partnership contract number: PC/890

Date: December 23rd, 2010

This partnership agreement contract is made and entered between Eagles sales companies Pvt. Ltd, Address: Office Number; 78, Wing- D, Arcade Plaza, and Spencer Street, Toronto, Canada, hereinafter referred as the partner 1.

AND

Rainbow Sales companies Pvt. Ltd., address: plot no: 12, industrial Area- A, Bakers Street, Toronto, Canada, hereinafter referred as the partner 2. Together are referred as “both the partners”

Whereas, both the partners are interested to commence the partnership relationship for the trade and are willing to share the profits and losses together

This partnership contract is beginning on December 24th, 2010 and is terminating on December 24th, 2011.

Term & covenants for surviving the partnership agreement contract are mentioned as followings:

Partnership clause:

Both the partners will share sales business profits and losses with 50% ratio. Hence, both the partners will invest equal amount in the partnership.

Division of official terms:

Both the partners will be responsible for taking the partnership decisions such as administration and accounts, etc.

Termination of the contract:

If any violation is recorded to the above mentioned covenants, the partnership agreement contract will be treated as terminated.

Acceptance of the partnership agreement contract:

Signed by the partner1:

Barbara Anderson

Singed by the Partner 2:

Joan Timberlake

Signed by the witness:

Anna Hudson

1 Comment

  1. Peter N. Njang says:

    Would like to contact and speak with someone about sample of contract for a partnership involving three people for a joint venture. Thanks.

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