This partnership agreement is suitable either for the establishment of
a new partnership or for formalising an existing partnership. It deals
with partnership capital, profits and losses, drawings by partners,
conduct of partnership business and decision-making including
provisions relating to deadlock. There are 21 clauses, which cover
such further matters as accounts, holidays, insurance, retirement and
expulsion of partners, the consequences of termination and dissolution
as well as restrictions on partners.
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