AIRSLATE
Updated 53 days ago
A partnership agreement is a legally binding contract entered into by two or more individuals or entities who wish to start a business together as partners. It outlines the rights, responsibilities, and obligations of each partner, as well as the terms and conditions under which the partnership will operate. A partnership agreement covers various aspects of the partnership, including the distribution of profits and losses, management and decision-making processes, capital contributions, dispute resolution mechanisms, exit strategies, and the duration of the partnership. It provides a framework for partners to prevent misunderstandings, conflicts, and potential legal issues throughout the partnership's lifespan. Partnership agreements are essential for any individuals or entities intending to create a partnership. This includes small businesses, professional practices, startups, and joint ventures. The agreement ensures that all partners are on the same page regarding their roles,..
Also known as: airSlate Inc, partnership agreement, partnership, limited partnership