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Partnership Agreement

Template for regulating a partnership, including contributions, profit sharing, management, and exit terms.

Corporate

This Partnership Agreement (the "Agreement") is entered into on [Date] (the "Effective Date").

1. Parties

The following persons/entities (each a "Partner" and together the "Partners"):

  • [Company name], residing at / registered at [Address], CPR/CVR No.: [CVR]
  • [Company name], residing at / registered at [Address], CPR/CVR No.: [CVR]

Additional Partners may be listed in Schedule 1.

2. Formation and Name

2.1 Formation

The Partners hereby form a partnership under the name [Partnership name] (the "Partnership").

2.2 Commencement

The Partnership shall commence on the Effective Date.

3. Purpose

The purpose of the Partnership is [Business activities] and related lawful activities.

4. Contributions

4.1 Contributions

Each Partner shall contribute the following:

  • Partner 1: [Consideration type]
  • Partner 2: [Consideration type]

4.2 Ownership

Contributions and ownership percentages are set out in Schedule 1.

5. Profit and Loss Distribution

5.1 Sharing

Profits and losses shall be shared as follows:

  • Partner 1: [Number]%
  • Partner 2: [Number]%

5.2 Distributions

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