GENERAL PARTNERSHIP AGREEMENT
STATE OF DELAWARE
Formed pursuant to Delaware Revised Uniform Partnership Act (6 Del. C. Chapter 15).
Note: Delaware is the preferred jurisdiction for partnership formations due to its flexible partnership statutes and well-developed case law.
KEY PROVISIONS
- Formation - Under 6 Del. C. Chapter 15
- Capital Contributions - Per Schedule A
- Management - Partners manage collectively
- Books and Records - Per 6 Del. C. § 15-403
- Indemnification - Per 6 Del. C. § 15-110
- Dissolution - Per 6 Del. C. § 15-801 et seq.
- Electronic Signatures - Valid per 6 Del. C. § 12A-101 et seq.
SCHEDULE A
| Partner | Capital Contribution | Percentage Interest |
|---|---|---|
| [PARTY A] | $[AMOUNT] | [%] |
| [PARTY B] | $[AMOUNT] | [%] |
EXECUTION
| PARTNER | SIGNATURE | DATE |
|---|---|---|
| [PARTY A] | _____________ | ______ |
| [PARTY B] | _____________ | ______ |