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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

  1. Formation - Under 6 Del. C. Chapter 15
  2. Capital Contributions - Per Schedule A
  3. Management - Partners manage collectively
  4. Books and Records - Per 6 Del. C. § 15-403
  5. Indemnification - Per 6 Del. C. § 15-110
  6. Dissolution - Per 6 Del. C. § 15-801 et seq.
  7. 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] _____________ ______
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