Notes on Partnership Agreements
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Partnership AgreementThis Partnership Agreement (the "Agreement") is made and entered into as of [Date], by and between [Your Name], an individual residing at [Your Address] (hereinafter referred to as "Partner A"), and [Partner B's Name], an individual residing at [Partner B's Address] (hereinafter referred to as "Partner B").1. Formation of PartnershipThe parties hereto agree to form a partnership (the "Partnership") for the purpose of [Describe the purpose of the partnership, e.g., engaging in the business of selling goods or providing services]. The Partnership shall be governed by the laws of [Jurisdiction].2. Capital Contributions(a) Initial Capital Contributions: Partner A shall contribute an initial capital contribution of [Amount] to the Partnership, and Partner B shall contribute an initial capital contribution of [Amount]. The initial capital contributions shall be made within [Timeframe] after the execution of this Agreement.(b) Additional Capital Contributions: The partners may agree to make additional capital contributions to the Partnership from time to time, as necessary to support the operations and growth of the business. Any additional capital contributions shall be made in accordance with the terms and conditions agreed upon by the partners.3. Profit and Loss SharingThe profits and losses of the Partnership shall be allocated among the partners in the following manner:(a) Profit Allocation: [Specify the profit allocation ratio, e.g., Partner A shall receive 60% of the profits, and Partner B shall receive 40% of the profits].(b) Loss Allocation: [Specify the loss allocation ratio, e.g., Partner A shall bear 60% of the losses, and Partner B shall bear 40% of the losses].4. Management of Partnership(a) Management Structure: The Partnership shall be managed by a Managing Partner, who shall be responsible for the day-to-day operations and management of the business. The Managing Partner shall be appointed by the partners and shall serve for a term of [Duration], renewable upon the agreement of the partners.(b) Decision-Making: The partners shall make all major decisions affecting the Partnership jointly. The Managing Partner shall have the authority to make routine decisions and take actions on behalf of the Partnership, subject to the oversight and approval of the partners.5. Withdrawal or Death of a Partner(a) Withdrawal of a Partner: A partner may withdraw from the Partnership upon written notice to the other partners, provided that the remaining partners agree to such withdrawal. In the event of a partner's withdrawal, the partner shall be entitled to receive a share of the Partnership's assets and profits, as determined by the partners.(b) Death of a Partner: In the event of a partner's death, the partnership shall be continued by the surviving partner, subject to the rights of the deceased partner's estate or legal successor. Thesurviving partner shall be entitled to receive a share of the Partnership's assets and profits, as determined by the partners.6. Dissolution of PartnershipThe Partnership may be dissolved upon the occurrence of any of the following events:(a) By mutual agreement of the partners: The partners may agree to dissolve the Partnership at any time by written notice to each other.(b) Bankruptcy or insolvency: If a partner becomes bankrupt or insolvent, the Partnership may be dissolved upon the request of the other partners.(c) Death or withdrawal of a partner: In the event of a partner's death or withdrawal, the Partnership may be dissolved upon the request of the other partners.7. IndemnificationEach partner shall indemnify and hold harmless the other partners andthe Partnership from any and all claims, damages, liabilities, and expenses (including attorney's fees) arising out of or in connectionwith the operations of the Partnership or any act or omission of such partner in connection with the Partnership.8. Governing Law and JurisdictionThis Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising out of or in connectionwith this Agreement shall be brought before the courts of [Jurisdiction], and the parties hereby submit to the exclusive jurisdiction of such courts.IN WITNESS WHEREOF, the parties hereto have executed this Partnership Agreement as of the date first above written.Partner A:[Your Name][Your Address]Partner B:[Partner B's Name][Partner B's Address]。
新视野商务英语视听说(上)第四版授课计划Title: Teaching Plan for New Horizon Business English (Upper Intermediate) 4th Edition - Listening and Speaking Introduction:The teaching plan for New Horizon Business English (Upper Intermediate) 4th Edition focuses on enhancing students' listening and speaking skills in a business context. This plan aims to provide a comprehensive framework forinstructors to effectively deliver the course content and achieve desired learning outcomes. Each module within the book is carefully structured to engage students in authentic business situations, fostering their ability to communicate confidently and fluently in English.Module 1: Building RelationshipsObjective:- Develop listening skills for understanding conversations in networking events.- Enhance speaking skills to initiate and maintain professional relationships.Activities:1. Listening Practice: Students listen to dialogues and presentations related to networking events, focusing on key phrases and expressions used in socializing and making introductions.2. Speaking Exercise: Pair or group discussions on effective networking strategies and techniques. Role-play scenarios simulating networking situations to practice conversational skills.Module 2: Company Structure and CultureObjective:- Improve listening comprehension of discussions on organizational structures and corporate culture.- Foster speaking abilities to describe companystructures and cultures accurately.Activities:1. Listening Tasks: Students listen to audio recordings of interviews with company executives discussing their organization's structure and culture. They identify key information and main ideas.2. Speaking Practice: Group discussions on various company structures and cultures. Students present findings on a chosen company's structure and culture, focusing on language accuracy and coherence.Module 3: Business Trends and InnovationsObjective:- Enhance listening skills to comprehend discussions on emerging business trends and innovations.- Develop speaking proficiency to express opinions and ideas on business developments.Activities:1. Listening Exercises: Students listen to podcasts or interviews discussing current business trends and innovations. They summarize main points and identify key trends.2. Speaking Tasks: Pair or group discussions on theimpact of technology and innovation on different industries. Debates on the advantages and disadvantages of specific business trends, encouraging critical thinking and persuasive speaking.Module 4: Marketing StrategiesObjective:- Strengthen listening comprehension of marketing presentations and discussions.- Cultivate speaking abilities to articulate marketing strategies and concepts effectively.Activities:1. Listening Activities: Students listen to marketing presentations and case studies, focusing on language related to product promotion, market segmentation, and branding.2. Speaking Exercises: Group presentations on marketing strategies for a given product or service. Role-plays simulating client meetings to negotiate marketing plans and strategies.Module 5: Negotiation SkillsObjective:- Improve listening skills for understanding negotiation tactics and strategies.- Enhance speaking proficiency to negotiate effectively in various business scenarios.Activities:1. Listening Practice: Students listen to negotiation simulations and role-plays, analyzing negotiation techniques such as bargaining, compromising, and problem-solving.2. Speaking Tasks: Pair or group negotiation exercises on different business scenarios, such as contract negotiations, price discussions, and partnership agreements. Feedback and reflection on negotiation performance to identify strengths and areas for improvement.Conclusion:The teaching plan outlined above provides a structured approach to develop students' listening and speaking skills in a business context using the New Horizon Business English (Upper Intermediate) 4th Edition textbook. By engaging in avariety of activities, students will not only improve their language proficiency but also gain valuable insights into the world of business, preparing them for success in their professional endeavors.。
Partnership AgreementThis Partnership Agreement (“Agreement”) is made and effective this [DATE],BETWEEN: [YOUR COMPANY NAME] (the “First Partner”), a corporation organized and existing under the laws of the [STATE], with its head office located at:[YOUR COMPLETE ADDRESS]AND: [SECOND PARTNER NAME] (the “Second Partner”), an individual with his main address located at OR a corporation organized and existing under the laws of the [STATE], with its head office located at:[COMPLETE ADDRESS]RECITALSA.Partners desire to join together for the pursuit of common business goals.B.Partners have considered various forms of joint business enterprises for their businessactivities.C.Partners desire to enter into a partnership agreement as the most advantageous businessform for their mutual purposes.D.The parties hereto agree to form a limited partnership (the “Partnership”) under [LAW. CODEOR ACT].In consideration of the mutual promises contained in this agreement, partners agree as follows: AND DOMICILEThe name of the partnership shall be [NAME]. The principal place of business shall be at [ADDRESS], [CITY], [STATE], unless relocated by consent of the partners.2.PURPOSESSubject to the limitations set forth in this Agreement, the purposes of the Partnership are to engage in the business of [DESCRIBE ACTIVITIES]; and to conduct other activities as may be necessary or incidental to or desirable in connection with the foregoing.3.DURATION OF AGREEMENTThe term of this agreement shall be for [NUMBER] years, commencing on [DATE], and terminating on [DATE], unless sooner terminated by mutual consent of the parties or by operation of the provisions of this agreement.4.CLASSIFICATION AND PERFORMANCE BY PARTNERSA.Partners shall be classified as active partners, advisory partners, or estate partners.B.An active partner may voluntarily become an advisory partner, may be required to becomeone irrespective of age, and shall automatically become one after attaining the age of [AGE] years, and in each case shall continue as such for [NUMBER] years unless the partner sooner withdraws or dies.C.If an active partner dies, the partner’s estate will become an estate partner for [NUMBER]years. If an advisory partner dies within [NUMBER] years of having become an advisory partner, the partner will become an estate partner for the balance of the [NUMBER]-yearperiod.D.Only active partners shall have any vote in any partnership matter.E.At the time of the taking effect of this partnership agreement, all the partners shall be activepartners except [NAME] and [NAME], who shall be advisory partners.F.An active partner, after attaining the age of [AGE] years, or prior to that age if the[EXECUTIVE COMMITTEE OR AS THE CASE WAY BE] with the approval of [TWO-THIRDS OR AS THE CASE MAY BE] of all the other active partners determines that the reason for the change in status in bad health, may become an advisory partner at the end of any calendar month on giving [NUMBER] calendar months’ prior notice in writing of the partner’s intention to do so.The notice shall be deemed to be sufficient if sent by registered mail addressed to the partnership at its principal office at [ADDRESS], [CITY], [STATE], not less than [NUMBER] calendar months prior to the date when the change is to become effective.G.Any active partner may at any age be required to become an advisory partner at any time ifthe [EXECUTIVE COMMITTEE OR AS THE CASE MAY BE] with the approval of [TWO-THIRDS OR AS THE CASE MAY BE] of the other active partners shall decide that the change is for any reason in the best interests of the partnership, provided notice of the decision shall be given in writing to the partner. The notice shall be signed by the [CHAIRMAN OR AS THE CASE MAY BE] of the [EXECUTIVE COMMITTEE OR AS THE CASE MAY BE] or, in the event of his or her being unable to sign at the time, by another member of the [EXECUTIVE COMMITTEE OR AS THE CASE MAY BE]. The notice shall be served personally on the partner required to changehis or her status, or mailed by registered mail to the partner’s last known address. Change of the partner’s status shall become effective as of the date specified in the notice.H.Every active partner shall automatically and without further act become an advisory partnerat the end of the fiscal year in which the partner’s birthday occurs.I.In the event that an active partner becomes an advisory partner or dies, the partner or thepartner’s estate shall be entitled to the following payments at the following times.[DESCRIBE]Each active partner shall apply all of the partner’s experience, training, and ability in discharging the partner’s assigned functions in the partnership and in the performance of all work that may be necessary or advantageous to further the business interests of the partnership.5.CONTRIBUTIONEach partner shall contribute [AMOUNT] on or before [DATE] to be used by the partnership to establish its capital position. Any additional contribution required of partners shall only be determined and established in accordance with Article Nineteen.6.MANAGEMENT OF THE PARTNERSHIPThe Partnership shall be managed by [SPECIFY]. Subject to the limitations specifically contained in this Agreement, [PARTY MANAGING THE PARTNERSHIP] shall have the full, exclusive and absolute right, power and authority to manage and control the Partnership and the property, assets and business thereof. [PARTY MANAGING THE PARTNERSHIP] shall have all of the rights, powers andauthority conferred by law or under other provisions of this Agreement. Without limiting the generality of the foregoing, such powers include the right on behalf of the Partnership, in [PARTY MANAGING THE PARTNERSHIP]’ sole discretion, to:A.Acquire, purchase, renovate, improve, and own any property or assets necessary orappropriate or in the best interests of the business of the Partnership, and to acquire options for the purchase of any such property;B.Borrow money, issue evidences of indebtedness in connection therewith, refinance, increasethe amount of, modify, amend or change the terms of, or extend the time for the payment of, any indebtedness or obligation of the Partnership, and secure such indebtedness by mortgage, deed of trust, pledge or other lien on Partnership assets;C.Sue on, defend or compromise any and all claims or liabilities in favor of or against thePartnership and to submit any or all such claims or liabilities to arbitration.D.File applications, communicate and otherwise deal with any and all governmental agencieshaving jurisdiction over, or in any way affecting, the Partnership’s assets or any part thereof or any part thereof or any other aspect of the Partnership business;E.Retain services of any kind or nature in connection with the Partnership business, and to paytherefore such remuneration deem reasonable and proper; and Perform any and all other acts deem necessary or appropriate to the Partnership business.7.DISSOLUTION AND TERMINATION OF THE PARTNERSHIPThe Partnership shall be dissolved and its affairs shall be wound up upon the happening of thefirst to occur of the following:A.On a date designated by the Partners and approved by Vote of Partners;B.The sale or other disposition of all of the Partnership’s assets and the receipt in cash of theproceeds thereof;C.One of the Partners committed an illegal or unapproved action;D.[OTHER]8.BUSINESS EXPENSESThe rent of the building where the partnership business shall be carried on, and the cost of repairs and alterations, all rates, taxes, payments for insurance, and other expenses in respect to the buildings used by the partnership, and the wages for all persons employed by the partnership are all to become payable on the account of the partnership. All losses incurred shall be paid out of the capital of the partnership or the profits arising from the partnership business, or, if both shall be deficient, by the partner on a pro rata basis, in proportion to their original contributions, as provided in Article Nineteen.9.MEETINGS9.1Place of MeetingsMeetings of the Partners may be held at any place within or without [STATE] as determined by the Partners but will generally be held at [LOCATION]9.2NoticesWhenever Partners are required or permitted to take any action at a meeting, a writtennotice of the meeting shall be given not less than [NUMBER] days, nor more than [NUMBER] days before the date of the meeting to each Partner entitled to vote at the meeting. The notice shall state the place, date, and hour of the meeting and the general nature of the business to be transacted, and no other business may be transacted.10.AUTHORITYNo partner shall buy any goods or articles or enter into any contract exceeding the value of [AMOUNT] without the prior consent in writing of the other partners. If any partner exceeds this authority, the other partners shall have the option to take the goods or accept the contract on account of the partnership or to let the goods remain the sole property of the partner who shall have obligated himself or herself.11.SEPARATE DEBTSNo partner shall enter into any bond, or become surety or cosigner, or provide security for any person, partnership, or corporation, or knowingly condone anything by which the partnership property may be attached or taken in execution without the prior written consent of the other partners.Each partner shall punctually pay the partner’s separate debts and indemnify the other partners and the capital and property of the partnership against the partner’s separate debts and all expenses relating to such separate debts.12.BOOKS AND RECORDSBooks of account shall be maintained by the partners, and proper entries made in the books of allsales, purchases, receipts, payments, transactions, and property of the partnership. The books of account and all records of the partnership shall be retained at the principal place of business as specified in Article One. Each partner shall have free access at all times to all books and records maintained relative to the partnership business.13.ACCOUNTINGThe fiscal year of the partnership shall be from [MONTH AND DAY] to [MONTH AND DAY] of each year. On the [DAY] OF [MONTH], commencing in [YEAR], and on the [DAY] of [MONTH] in each succeeding year, a general accounting shall be made and taken by the partners of all sales, purchases, receipts, payments, and transactions of the partnership during the preceding fiscal year, and of all the capital property and current liabilities of the partnership. The general accounting shall be written in the partnership account books and signed in each book by each partner immediately after it is completed. After the signature of each partner is entered, each partner shall keep one of the books and shall be bound by every account, except that if any manifest error is found in an account book by any partner and shown to the other partners within [NUMBER] months after the error shall have been noted by all of them, the error shall be rectified.14.DIVISION OF PROFITS AND LOSSESEach partner shall be entitled to [%] of the net profits of the business, and all losses occurring in the course of the business shall be borne in the same proportion, unless the losses are occasioned by the willful neglect or default, and not the mere mistake or error, of any of thepartners, in which case the loss so incurred shall be made good by the partner through whose neglect or default the losses shall arise. Distribution of profits shall be made on the [DAY] OF [MONTH] each year.15.ADVANCE DRAWSEach partner shall be at liberty to draw out of the business in anticipation of the expected profits any sums that may be mutually agreed on, and the sums are to be drawn only after there has been entered in the books of the partnership the terms of agreement, giving the date, the amount to be drawn by the respective partners, the time at which the sums shall be draw, and any other conditions or matters mutually agreed on. The signatures of each partner shall be affixed on the books of the partnership. The total sum of the advanced draw for each partner shall be deducted from the sum that partner is entitled to under the distribution of profits as provided for in Article Ten.16.SALARYNo partner shall receive any salary from the partnership, and the only compensation to be paid shall be as provided in Articles Ten and Eleven.17.RETIREMENTIn the event any partner shall desire to retire from the partnership, the partner shall give [NUMBER] months’ notice in writing to the other partners. The continuing partners shall pay to the retiring partner at the termination of the [NUMBER] months’ notice the value of the interest of the retiring partner in the partnership. The value shall be determined by a closing of the booksand a rendition of the appropriate profit and loss, trial balance, and balance sheet statements. All disputes arising from such determination shall be resolved as provided in Article Twenty.18.RIGHTS OF CONTINUING PARTNERSOn the retirement of any partner, the continuing partners shall be at liberty, if they so desire, to retain all trade names designating the firm name used. Each of the partners shall sign and execute any assignments, instruments, or papers that shall be reasonably required for effectuating an amicable retirement.19.DEATH OF PARTNERIn the event of the death of one partner, the legal representative of the deceased partner shall remain as a partner in the firm, except that the exercise of this right on the part of the representative of the deceased partner shall not continue for a period in excess of [NUMBER] months, even though under the terms of this agreement a greater period of time is provided before the termination of this agreement. The original rights of the partners shall accrue to their heirs, executors, or assigns.20.EMPLOYEE MANAGEMENTNo partner shall hire or dismiss any person in the employment of the partnership without the consent of the other partners, except in cases of gross misconduct by the employee.21.RELEASE OF DEBTSNo partner shall compound, release, or discharge any debt that shall be due or owing to the partnership, without receiving the full amount of the debt, unless that partner obtains the priorwritten consent of the other partners to the discharge of the indebtedness.22.COVENANT AGAINST REVEALING TRADE SECRETSNo partner shall, during the continuance of the partnership or for [NUMBER] years after its termination by any means, divulge to any person not a member of the firm any trade secret or special information employed in or conducive to the partnership business and which may come to partner’s knowledge in the course of this partnership, without the consent in writing of the other partners, or of the other partners’ heirs, administrators, or assigns.23.ADDITIONAL CONTRIBUTIONSThe partners shall not have to contribute any additional capital to the partnership to that required under Article Four, except as follows: (1) each partner shall be required to contribute a proportionate share in additional contribution if the fiscal year closes with an insufficiency in the capital account or profits of the partnership to meet current expenses; or (2) the capital account falls below [AMOUNT] for a period of [NUMBER] months.24.ARBITRATIONIf any differences shall arise between or among the partners as to their rights or liabilities under this agreement, or under any instrument made in furtherance of the partnership business, the difference shall be determined and the instrument shall be settled by [NAME OF ARBIRATOR], acting as arbitrator, and the decision shall be final as to the contents and interpretations of the instrument and as to the proper mode of carrying the provision into effect.25.ADDITIONS, ALTERATIONS, OR MODIFICATIONSWhere it shall appear to the partners that this agreement, or any terms and conditions contained in this agreement, are in any way ineffective or deficient, or not expressed as originally intended, and any alteration or addition shall be deemed necessary, the partners will enter into, execute, and perform all further deeds and instruments as their counsel shall advise. Any addition, alteration, or modification shall be in writing and no oral agreement shall be effective.26.NOTICESAny notice required by this Agreement or given in connection with it, shall be in writing and shall be given to the appropriate party by personal delivery or by certified mail, postage prepaid, or recognized overnight delivery services at addresses already specified in this Agreement.27.HEADINGSHeadings used in this Agreement are provided for convenience only and shall not be used to construe meaning or intent.ERNING LAWThis Agreement shall be construed and enforced in accordance with the laws of the state of [STATE].29.ENTIRE AGREEMENTThis Agreement contains the entire understanding of the parties and there are no commitments, agreements, or understandings between the parties other than those expressly set forth herein. This agreement shall not be altered, waived modified, or amended except in writing signed by the parties hereto and notarized.IN WITNESS WHEREOF, the parties have executed this Partnership Agreement at [DESIGNATE PLACE OF EXECUTION] the day and year first above written.FIRST PARTNER SECOND PARTNERAuthorized Signature Authorized SignaturePrint Name and Title Print Name and Title。
This Partnership Agreement (the "Agreement") is made and entered into as of [Date], by and between the following parties:[Full Legal Name of Partner 1], of [Address], (hereinafter referred to as "Partner 1"),[Full Legal Name of Partner 2], of [Address], (hereinafter referred to as "Partner 2"),[Full Legal Name of Partner 3], of [Address], (hereinafter referred to as "Partner 3"),and so forth (collectively referred to as the "Partners").RECITALSWHEREAS, the Partners wish to associate themselves as partners in business for the purpose of engaging in the business of [describe the nature of the business], and for other purposes hereinafter set forth;WHEREAS, the Partners desire to set forth the terms and conditions of their partnership relationship in a written agreement;NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth, the Partners agree as follows:1. Formation of Partnership1.1 The Partners hereby form a general partnership (the "Partnership") in accordance with the laws of [State/Country].1.2 The Partnership shall be known as [Name of Partnership], and its principal place of business shall be located at [Address].2. Capital Contributions2.1 Each Partner shall make capital contributions to the Partnership as agreed upon in writing. The initial capital contributions shall be as follows:- Partner 1: [Amount]- Partner 2: [Amount]- Partner 3: [Amount]- And so forth.2.2 Additional contributions may be made from time to time as agreed upon by the Partners.3. Profit and Loss Distribution3.1 The Partners shall share profits and losses in the following ratio: [Ratio], unless otherwise agreed upon by the Partners.3.2 The Partners' share of the Partnership's profits and losses shall be allocated t o each Partner’s capital account.4. Management and Decision Making4.1 The Partners shall manage the Partnership collectively, and decisions affecting the Partnership shall be made by a majority vote of the Partners.4.2 The Partners may appoint one or more of their number to act as Managing Partner(s), who shall have the authority to make decisions on behalf of the Partnership.5. Bank Accounts5.1 The Partnership shall maintain a bank account in the name of [Name of Partnership]. All funds of the Partnership shall be deposited in this account.5.2 Withdrawals from the Partnership's bank account shall be made upon the signatures of at least two Partners.6. Books and Records6.1 The Partnership shall keep accurate and complete books and records of its accounts and transactions at its principal place of business.6.2 Each Partner shall have access to the Partnership’s books and records upon reasonable request.7. Dissolution of Partnership7.1 The Partnership may be dissolved by the written consent of all Partners or by any Partner upon the occurrence of any event specified in the Partnership Agreement.7.2 Upon dissolution, the Partners shall proceed with winding up the Partnership’s affairs, including the liquidation of its assets and the payment of its liabilities.8. Governing LawThis Agreement shall be governed by and construed in accordance with the laws of [State/Country].9. AmendmentsThis Agreement may be amended only by a written instrument executed by all Partners.10. Entire AgreementThis Agreement constitutes the entire agreement between the Partners with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether written or oral.IN WITNESS WHEREOF, the Partners have executed this Partnership Agreement as of the date first above written.[Signature of Partner 1][Name of Partner 1。
Partnership AgreementA partnership agreement is an essential document that outlines the terms and conditions of a partnership between two or more individuals. It is an agreement that sets out the rights and responsibilities of each partner, the nature of the partnership, and the terms of the partnership. A well-drafted partnership agreement is crucial to the success of any partnership, as it helps to prevent disputes and misunderstandings between partners.The first requirement of a partnership agreement is to clearly define the nature of the partnership. This includes the type of partnership, whether it is a general partnership, limited partnership, or limited liability partnership. It should also clearly state the purpose of the partnership, the business activities that the partnership will engage in, and the duration of the partnership.Another important requirement of a partnership agreement is to outline the rights and responsibilities of each partner. This includes the amount of capital that each partner will contribute to the partnership, the percentage of profits and losses that each partner will be entitled to, and the decision-making process of the partnership. It is also important to specify the roles and responsibilities of each partner in the partnership, as well as any limitations on their authority.The partnership agreement should also address the issue of capital contributions. This includes the amount of capital that each partner is required to contribute to the partnership, the timing of the contributions, and the consequences of failing to make a contribution. It is important to have a clear understanding of the capital requirements of the partnership, as this will affect the financial stability of the partnership.Another important aspect of a partnership agreement is the distribution of profits and losses. This includes the percentage of profits and losses that each partner will be entitled to, as well as any restrictions on the distribution of profits. It is important to have a clear understanding of the profit-sharing arrangements of the partnership, as this will affect the financial rewards of each partner.The partnership agreement should also address the issue of decision-making. This includes the process for making decisions, the authority of each partner to make decisions, and any limitations on the decision-making authority of the partners. It is important to have a clear understanding of the decision-making process of the partnership, as this will affect the ability of the partnership to operate effectively.Finally, the partnership agreement should address the issue of dispute resolution. This includes the process for resolving disputes between partners, the role of a mediator or arbitrator, and any limitations on the ability of partners to take legal action against each other. It is important to have a clear understanding of the dispute resolution process of the partnership, as this will affect the ability of the partnership to resolve disputes effectively.In conclusion, a well-drafted partnership agreement is crucial to the success of any partnership. It should clearly define the nature of the partnership, outline the rights and responsibilities of each partner, address the issue of capital contributions, distribution of profits and losses, decision-making, and dispute resolution. By addressing these key issues, a partnership agreement can help to prevent disputes and misunderstandings between partners, and ensure the long-term success of the partnership.。
CHAPTER 1Introduction to Financial Management I. DEFINITIONSTopic: CORPORATE CONTROLLER1. The corporate officer generally responsible for tasks related to tax management, cost accounting,financial accounting, and data processing is the:A) Corporate Treasurer.B) Director.C) Corporate Controller.D) Chairman of the Board.E) Vice President of Operations.Answer: CTopic: CORPORATE TREASURER2. The corporate officer generally responsible for tasks related to cash and credit management,financial planning, and capital expenditures is the:A) Corporate Treasurer.B) Director.C) Corporate Controller.D) Chairman of the Board.E) Vice President of Operations.Answer: ATopic: CAPITAL BUDGETING3. The process of planning and managing a firm's long-term investments is called:A) Working capital management.B) Financial depreciation.C) Agency cost analysis.D) Capital budgeting.E) Capital structure.Answer: DTopic: CAPITAL STRUCTURE4. The mixture of debt and equity used by the firm to finance its operations is called:A) working capital management.B) financial depreciation.C) agency cost analysis.D) capital budgeting.E) capital structure.Answer: ETopic: WORKING CAPITAL MANAGEMENT5. The management of the firm's short-term assets and liabilities is called:A) Working capital management.B) Financial depreciation.C) Agency cost analysis.D) Capital budgeting.E) Capital structure.Answer: ATopic: SOLE PROPRIETORSHIP6. A business owned by a single individual is called a(n):A) Corporation.B) Sole proprietorship.C) Partnership.D) Closed receivership.E) Open structure.Answer: BTopic: PARTNERSHIP7. A business formed by two or more individuals or entities is called a(n):A) Corporation.B) Sole proprietorship.C) Partnership.D) Closed receivership.E) Open structure.Answer: CTopic: CORPORATION8. A business created as a distinct legal entity composed of one or more individuals or entities iscalled a(n):A) Corporation.B) Sole proprietorship.C) Partnership.D) Closed receivership.E) Open structure.Answer: ATopic: PARTNERSHIP AGREEMENT9. The division of profits and losses between the members of a partnership is formalized in the:A) Indemnity clause.B) Indenture contract.C) Statement of purpose.D) Partnership agreement.E) Group charter.Answer: DTopic: ARTICLES OF INCORPORATION10. The document that legally establishes domicile for a corporation is called the:A) Indenture contract.B) Partnership agreement.C) Amended homestead filing.D) Bylaws.E) Articles of incorporation.Answer: ETopic: BYLAWS11. The rules by which corporations govern themselves are called:A) Indenture provisions.B) Indemnity provisions.C) Partnership agreements.D) Bylaws.E) Articles of incorporation.Answer: DTopic: LIMITED LIABILITY CORPORATION12. A business entity operated and taxed like a partnership, but with the limited liability feature forowners, is called a:A) Limited liability corporation.B) General partnership.C) Cartel.D) Sole proprietorship.E) Corporation.Answer: ATopic: FINANCIAL MANAGEMENT GOAL13. The primary goal of financial management is to:A) Maximize current sales.B) Maximize the current value per share of the existing stock.C) Avoid financial distress.D) Minimize operational costs.E) Maintain steady earnings growth.Answer: BTopic: AGENCY PROBLEM14. The possibility of conflict of interest between the stockholders and management of the firm iscalled:A) The shareholders' conundrum.B) Corporate breakdown.C) The agency problem.D) Corporate activism.E) Legal liability.Answer: CTopic: AGENCY COSTS15. Agency costsA) The total dividends paid to shareholders over the lifetime of the firm.B) The costs that result from default and bankruptcy of the firm.C) Corporate income subject to double taxation.D) The costs of the conflict of interest between stockholders and management.E) The total interest paid to creditors over the lifetime of the firm.Answer: DTopic: STAKEHOLDERS16. A stakeholder is:A) Given to each stockholder when they first purchase their stock.B) A proxy vote made at a shareholders meeting.C) A founding stockholder of the firm.D) An original creditor of the firm.E) A person or entity other than a stockholder or creditor who potentially has a claim on the cashflows of the firm.Answer: ETopic: PRIMARY MARKET17. The original sale of securities by governments and corporations occurs in the:A) Primary market.B) Secondary market.C) Dealer market.D) Auction market.E) Liquidation market.Answer: ATopic: SECONDARY MARKET18. The purchase and sale of securities after the original issuance occurs in the:A) Primary market.B) Secondary market.C) Dealer market.D) Auction market.E) Liquidation market.Answer: BTopic: DEALER MARKET19. A market where dealers buy and sell securities for themselves, at their own risk, is called a(n):A) Primary market.B) Secondary market.C) Dealer market.D) Auction market.E) Liquidation market.Answer: CTopic: AUCTION MARKET20. A market where trading takes place between buyers and sellers directly is called a(n):A) Primary market.B) Secondary market.C) Dealer market.D) Auction market.E) Liquidation market.Answer: DII CONCEPTSTopic: BUSINESS ORGANIZATIONS21. Which of the following does NOT offer the protection of limited liability?A) corporationB) limited liability companyC) sole proprietorshipD) limited partnershipE) S corporationAnswer: CTopic: FINANCIAL MANAGEMENT GOAL22. The fundamental goal of financial management should be to:A) Maximize sales.B) Maximize the current value per share of the existing stock.C) Avoid financial distress.D) Maintain steady earnings growth.E) Maximize profits.Answer: BTopic: FINANCIAL MANAGER23. Which of the following does NOT address the question: "What are the duties of a financialmanager?"I. Deciding how much interest to pay the holders of the corporation's bonds.II. Deciding the mix of long-term debt and equity.III. Deciding which projects a firm should undertake.IV. Deciding how much short-term debt to use.A) I onlyB) III onlyC) II and III onlyD) II, III, and IV onlyE) I, II, III, and IVAnswer: ATopic: BUSINESS ORGANIZATIONS24. Which of the following statements is true regarding the corporate form of organization compared tothat of the sole proprietorship?A) The owners of the sole proprietorship have limited liability for the firm's debts.B) The sole proprietorship is the simplest business form to start-up.C) The corporation has a limited life.D) Dividends received by the corporation's shareholders are tax-exempt.E) It is more difficult to transfer ownership in a corporation.Answer: BTopic: AGENCY COSTS25. Which of the following is NOT a type of agency cost?A) The cost of an audit of the firm's financial statements.B) The cost of a corporate jet provided to the CEO as part of her compensation package.C) Loans provided to the firm's managers at below-market interest rates.D) The costs of financing the firm.E) The cost of providing life insurance to the firm's CFO.Answer: DTopic: AGENCY THEORY26. Commtel Partners hires Smith Brothers investment bank to negotiate the purchase of the fiber opticassets of . Identify the parties to this transaction.A) Smith is the principal and Commtel is the agent.B) Commtel is the principal and Smith is the agent.C) Lightware is the principal and Commtel is the agent.D) Smith is the agent while Lightware and Commtel together are principals.E) Commtel is the principal and Lightware is the agent.Answer: BTopic: AGENCY COSTS27. The Board of Directors of Beeline, Inc. have decided to base the salary of its financial managerentirely upon the market share of the firm. Accordingly,A) the firm may incur some agency costs since the manager will be focused on the market share ofthe firm rather than acting to maximize earnings.B) the financial manager will always act in the best interest of the shareholders since all agencycosts have been eliminated through salary incentives.C) this arrangement may be unnecessary, since the goal of the firm is to maximize earnings forshareholders, and that is most likely accomplished through larger market share.D) the manager may not act to maximize the current value of the firm's stock, resulting in agencycosts for the firm's stockholders.E) the firm will incur some agency costs if the manager acts to maximize market share.Answer: DTopic: AGENCY COSTS28. Which of the following is/are correct regarding agency costs?I. Indirect costs occur when managers, acting to minimize the risk of the firm, forego investmentsshareholders would prefer they take.II. Direct costs occur when shareholders must incur costs to monitor the manager's actions.III. Direct costs occur when managers buy assets considered necessary by the firm's owners.A) I onlyB) I and II onlyC) II onlyD) II and III onlyE) I, II, and IIIAnswer: BTopic: AGENCY THEORY29. Which of the following help ensure managers act in the best interest of owners?I. A compensation package for managers that is a flat cash salary, with no bonuses or options.II. Managers are promoted only when they have worked for the firm for at least 5 years.III. The threat that if the firm does poorly, shareholders will use a proxy fight to replace theexisting management.IV. There is a high degree of likelihood the firm will become a takeover candidate if the firm performs poorly.A) I and II onlyB) II and III onlyC) III and IV onlyD) I and III onlyE) I, II, III, and IVAnswer: CTopic: STOCK EXCHANGES30. Which of the following markets is considered an auction market?A) The New York Stock ExchangeB) The over-the-counter (OTC) marketC) NASDAQAnswer: ATopic: DOUBLE TAXATION31. Why does the double taxation problem exist for corporations?A) Corporations earn taxable income, pay taxes on that income, and then pay interest to thebondholders, who also have net taxable income.B) Corporations earn taxable income and pay taxes on that income.C) Firms with depreciation expense must repay the tax deduction over time, in addition to theirnormal tax liability on taxable corporate income.D) Corporations earn taxable income, pay taxes on that income, and then pay dividends to thestockholders, who also have net taxable income.E) Stockholders are paid a dividend and they have net taxable income.Answer: DTopic: FINANCIAL MANAGEMENT32. If you are hired as the new CEO of a corporation after graduation, which of the following wouldyou consider to be your most important criterion for success from the owners perspective?A) Pursue activities that reduce the overall riskiness of the firm.B) Pursue activities that result in the largest profits for the year.C) Pursue activities that maximize your personal wealth.D) Pursue activities that maximize the current stock price.E) Pursue activities that lead to the most stable stock price for the year.Answer: DTopic: FINANCIAL MANAGEMENT33. A financial manager is responsible for deciding whether an investment in new manufacturingequipment should be financed with debt, preferred stock, or common stock. Which of the following financial management areas would be involved in the decision process?I. Capital budgetingII. Capital structure managementIII. Working capital managementA) I onlyB) II onlyC) II and III onlyD) I and III onlyE) I, II and IIIAnswer: BTopic: MARKETS34. You are interested in purchasing 100 shares of stock in a small technology firm that trades in theUnited States. You would most likely purchase the shares in ________________.A) a primary market operated as a money marketB) a primary market operated as an auction marketC) a secondary market operated as a dealer marketD) a primary market operated as a dealer marketE) a secondary market operated as a money marketAnswer: CTopic: FINANCIAL MANAGEMENT35. According to the balance sheet model of the firm, corporate finance may be thought of as theanalysis of three primary subject areas. Which of the following correctly lists these areas?A) Capital structure, capital budgeting, security analysisB) Capital budgeting, capital structure, capital spendingC) Capital budgeting, capital structure, net working capitalD) Capital structure, net working capital, capital rationingE) Capital budgeting, capital spending, net working capitalAnswer: CTopic: CORPORATE FINANCE36. Which of the following is NOT considered one of the basic questions of corporate finance?A) What long-term investments should the firm choose.B) At what rate of interest should a firm borrow.C) Where will the firm get the long-term financing to pay for its investments.D) What mixture of debt and equity should the firm use to fund its operations.E) How should the firm manage its working capital, i.e., its everyday financial activities.Answer: BTopic: BUSINESS ORGANIZATIONS37. Which of the following is a FALSE statement concerning corporations?A) The equity that can be raised by the corporation is limited to the current shareholders' personalwealth.B) The life of the corporation is unlimited.C) The corporation has unlimited liability for business debts.D) When dividends are paid, net corporate profits are essentially taxed twice.E) It is relatively simple to transfer ownership of corporate shares.Answer: ATopic: BUSINESS ORGANIZATIONS38. Which of the following statements is/are true concerning partnerships?I. Limited partners are responsible for all debts of the partnership.II. Limited partners generally do not manage the partnership.III. In a limited partnership, all partners share equally in the gains or losses.A) I onlyB) II onlyC) I and II onlyD) II and III onlyE) I, II, and IIIAnswer: DTopic: MARKETS39. Which of the following correctly finishes this sentence: In the US, ________________.A) the OTC market has a central locationB) over-the-counter markets are operated as auction marketsC) financial markets function as both primary and secondary markets for debt and equitysecuritiesD) new issues of securities occur in secondary marketsE) auction markets do not have a physical locationAnswer: CTopic: STOCK EXCHANGES40. Which of the following is a criteria that must be met in order for a firm to be listed on the New YorkStock Exchange?A) The firm must have at least 3 shareholders owning at least 10,000 shares.B) The firm must have a minimum number of shares outstanding.C) The firm must have a market value in excess of $1 billion.D) The firm must have a minimum of 5 directors.E) The firm must not have ever suffered negative net income in a given quarter.Answer: BTopic: CASH FLOWS41. In the evaluation of cash flow in a capital budgeting decision, which of the following is NOTrelevant?I. The size of the cash flow.II. The timing of the cash flow.III. The risk of the cash flow.IV. The manager responsible for the accounting of the cash flow.A) I onlyB) I and II onlyC) II onlyD) II and IV onlyE) IV onlyAnswer: ETopic: BUSINESS ORGANIZATIONS42. You want to pool your resources with your best friend and start your own telecommunications firm.However, you are concerned about the risk this business poses to your accumulated personal wealth.To limit your exposure, you and your friend should organize the business:A) As a general partnershipB) As a limited partnershipC) As a sole proprietorshipD) As a corporationE) As a real estate investment trustAnswer: DTopic: MARKETS43. Which of the following would NOT be considered a secondary market transaction?A) A buy order to a broker for shares of stock in a company on NYSE.B) A buy order to an investment banker for a new IPO stock offering.C) A buy order to a broker for shares of stock in a company on NASDAQ.D) A buy order to a dealer for outstanding bonds of a company trading OTC.E) A buy order to a broker for a stock listed on a regional exchange.Answer: BTopic: BUSINESS ORGANIZATIONS44. Unlimited liability is a characteristic of which of the following form(s) of organization?A) sole proprietorshipB) limited partnershipC) corporationD) S corporationE) limited liability companyAnswer: ATopic: BUSINESS ORGANIZATIONS45. Which of the following is a true statement concerning a general partnership?I. Partners are responsible for the debts of the partnership.II. Partners generally do not manage the partnership.III. The income of a partnership is taxed at the partners' income tax rate.A) I onlyB) III onlyC) I and II onlyD) I and III onlyE) I, II, and IIIAnswer: DTopic: FINANCIAL MANAGEMENT46. Which of the following is FALSE concerning the economics of ethical decision-making?I. The higher the probability of detection, the more likely that one will cheat.II. The higher the sanctions imposed if detected, the less likely one is to cheat.III. The expected costs of unethical behavior are lower if information about cheating is rapidly and widely distributed.A) I onlyB) II onlyC) I and II onlyD) I and III onlyE) I, II, and IIIAnswer: DTopic: MARKETS47. Which of the following is considered a secondary market transaction?I. You buy shares in the public offering of a start-up company in the computer industry.II. Your mother sells you the shares she purchased in your uncle's latest business venture.III. You buy shares in General Motors from your closest friend.A) I onlyB) II onlyC) I and II onlyD) II and III onlyE) I, II, and IIIAnswer: DTopic: MARKETS48. On a typical day in the United States, the largest number of shares are traded:A) Over the counter.B) On the New York Stock Exchange.C) On the American Stock Exchange.D) On the Philadelphia Stock Exchange.E) In primary markets.Answer: ATopic: BUSINESS ORGANIZATIONS49. The death of the firm's owner(s) effectively dissolves which type(s) of organization?I. Sole proprietorshipII. PartnershipIII. CorporationA) I onlyB) II onlyC) III onlyD) I and II onlyE) II and III onlyAnswer: DTopic: BUSINESS ORGANIZATIONS50. Which of the following is considered a disadvantage of the corporate form of organization?I. Ease of the transfer of ownershipII. Limited lifeIII. Double taxationA) I onlyB) II onlyC) III onlyD) I and II onlyE) I, II, and IIIAnswer: CTopic: MARKET TRANSACTIONS51. A(n) ________________ is a sale of securities which typically does not require registration withthe SEC and is usually sold to a large financial institution.A) initial public offeringB) over-the-counter transactionC) primary market transactionD) secondary market transactionE) private placementAnswer: ETopic: FINANCIAL MANAGEMENT52. A financial manager is responsible for determining how much long-term debt the firm should userelative to its use of short-term borrowings. Which function is this manager involved with?I. Capital budgetingII. Capital structure managementIII. Working capital managementA) I onlyB) II onlyC) III onlyD) I and II onlyE) I, II and IIIAnswer: BTopic: BUSINESS ORGANIZATIONS53. A type of small corporation that is taxed like a partnership and thus avoids double taxation is calleda ________________.A) limited partnershipB) sole proprietorshipC) S corporationD) limited liability companyE) general partnershipAnswer: CTopic: FINANCIAL MANAGEMENT54. Which of the following combinations of attributes would make a capital expenditure projectdesirable to a financial manager?I. The project has positive book value on the company's accounting statements.II. The value of the cash flow generated by the project exceeds the project's cost.III. The project's cash flows have acceptable levels of risk and size, but not timing.A) I onlyB) II onlyC) III onlyD) II and III onlyE) I, II, and IIIAnswer: BTopic: BUSINESS ORGANIZATIONS55. A ________________ can lose, in the extreme case, her entire personal net worth.I. common stockholderII. limited partnerIII. general partnerIV. sole proprietorA) I onlyB) I and II onlyC) III and IV onlyD) II, III, and IV onlyE) II and III onlyAnswer: CTopic: FINANCIAL MANAGEMENT56. The total market value of the firm's equity is determined by ________________.A) the firm's accountantsB) the firm's managementC) investors in the stock marketD) investors in the bond marketE) regulators at the Securities and Exchange Commission (SEC)Answer: CTopic: AGENCY COSTS57. Of the following, which statement regarding agency costs is true?A) An agency problem exists when there is a conflict of interest between the stockholders andmanagement of a firm.B) An agency problem does not exist when there are conflicts of interest between principals andagents.C) An indirect agency cost occurs when firm management takes on risky projects that favorablyaffect the stock price, even though the managers are worried about keeping their jobs.D) A corporate expenditure that benefits stockholders but harms management is an agency cost.E) Agency costs are directly observable in the stock market.Answer: A。
各种合同英文模板Various Contract English Templates。
In the world of business and legal dealings, contracts are an essential tool for ensuring that parties involved in a transaction or agreement are held accountable for their promises and obligations. Contracts come in various forms and are used in different situations, ranging from employment agreements to sales contracts, and from lease agreements to partnership agreements. In this article, we will explore the different types of contracts and provide English templates for each.1. Employment Contract Template。
An employment contract is a legal agreement between an employer and an employee that outlines the terms and conditions of the employment relationship. It typically includes details such as job responsibilities, compensation, benefits, and termination clauses. Here is a sample template for an employment contract:[Company Name] Employment Contract。
合伙人协议英文版Partnership AgreementThis agreement (“Agreement”) is made and entered into on [Insert Date] by and between [Insert Name of Partner 1], a [Insert Jurisdiction], and [Insert Name of Partner 2], a [Insert Jurisdiction], collectively referred to herein as “Partners”.WHEREAS, Partners wish to engage in a business enterprise, subject to the terms and conditions set forth herein.NOW, THEREFORE, the Parties agree as follows:1. Basic Information: This Agreement shall be known as the Partnership Agreement and is executed by and between the Parties identified as follows:[Insert Name of Partner 1][Insert Address of Partner 1][Insert Name of Partner 2][Insert Address of Partner 2]2. Identity of Partners: Partners represent and warrant that they are duly authorized and have the power to enter into this Agreement and form a partnership.3. Purpose: The purpose of this Agreement is to set forth the terms and conditions under which the Partners will engage in the business enterprise [Insert Name of Busin ess] (the “Business”).4. Partnership Capital: The partnership capital shall be contributed by the Partners as determined by mutual agreement.5. Partnership Profit and Loss: The net profits and losses of the partnership shall be allocated to the Partners in proportion to their respective capital contributions.6. Duties and Obligations: Each Partner agrees to perform the duties and responsibilities assigned to them in connection with operating the Business. The Partners shall have equal rights and responsibilities in the management of the Business, with each Partner having full authority to act on behalf of the partnership with respect to all matters relating to the Business.7. Term: The term of this Partnership Agreement shall be for the duration of [Insert Number of Years] years.8. Termination: This Agreement shall terminate upon the occurrence of any of the following events:a. mutual agreement by the Partners;b. by the death, permanent disability, bankruptcy, insolvency or retirement of any Partner;c. by expulsion of any Partner for failing to perform his or her obligations under this Agreement;d. by a court order.9. Breach and Remedies: In the event of a breach of any provision of this Agreement by either Partner, the non-breaching Partner may pursue all available legal remedies, including seeking an injunction or damages.10. Confidentiality: Each Partner agrees to keep confidential any and all information they receive about the Business and its operations, including any financial information, business plans, and trade secrets. This confidentiality obligation shall survive the termination of this Agreement.11. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the People’s Republic of China.12. Amendment: This Agreement may only be amended by mutual written agreement of the Partners.13. Entire Agreement: This Agreement constitutes the entire agreement between the Partners and supersedes all prior negotiations, agreements, and understanding, whether oral or written.14. Binding Effect: This Agreement shall be binding upon and inure to the benefit of the Partners and their respective heirs, executors, administrators, successors, and assigns.15. Enforceability: If any provision of this Agreement is held to be invalid or unenforceable by a court of competentjurisdiction, the remaining provisions of this Agreement shall remain in full force and effect.IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.[Insert Name and Signature of Partner 1][Insert Name and Signature of Partner 2]。
全面版合作协议英文版Comprehensive Partnership AgreementThis document serves as a comprehensive agreement between the parties involved in the collaboration. It outlines the terms and conditions governing their partnership and sets the framework for their joint activities. The agreement covers various aspects, including but not limited to, responsibilities, obligations, rights, and liabilities of each party.1. IntroductionThe parties involved in this partnership agreement are [Party A] and [Party B], collectively referred to as the "Parties." The agreement aims to establish a mutually beneficial relationship between the Parties for the purpose of [purpose of collaboration].2. Scope of PartnershipThe partnership between the Parties shall encompass [scope of collaboration], including but not limited to [specific activities orprojects]. Each Party agrees to contribute their expertise, resources, and efforts towards achieving the common goals outlined in this agreement.3. Responsibilities- Party A: [Responsibilities of Party A]- Party B: [Responsibilities of Party B]4. Term and TerminationThis partnership agreement shall commence on [start date] and remain in effect until [end date] unless terminated earlier by mutual agreement or due to unforeseen circumstances. Either Party may terminate the agreement with [notice period] notice in writing.5. ConfidentialityThe Parties agree to maintain the confidentiality of any information shared during the course of their partnership. They shall not disclose or use such information for any purpose other than the intended collaboration without prior consent.6. Dispute ResolutionIn the event of any disputes or disagreements arising between the Parties, they shall make every effort to resolve them amicably through negotiation and mediation. If a resolution cannot be reached, either Party may seek legal recourse as a last resort.7. Governing LawThis agreement shall be governed by and construed in accordance with the laws of [jurisdiction]. Any disputes arising under this agreement shall be subject to the exclusive jurisdiction of the courts in [jurisdiction].8. AmendmentsAny amendments or modifications to this agreement must be made in writing and signed by both Parties. No verbal agreements or understandings shall have any legal effect unless documented in writing.9. Entire AgreementThis agreement constitutes the entire understanding between the Parties with respect to the subject matter herein and supersedes all prior agreements, whether written or oral. Any changes or additions to this agreement must be made in writing.In witness whereof, the Parties hereto have executed this agreement as of the date first above written.[Signatures of Party A and Party B]。
合伙人合作合同模板英文Partnership Agreement Template。
This Partnership Agreement ("Agreement") is enteredinto as of [Date], by and between [Partner 1 Name] and [Partner 2 Name], collectively referred to as the "Partners".1. Formation of Partnership。
The Partners hereby agree to form a partnership for the purpose of [Purpose of Partnership]. The partnership shall be known as [Partnership Name] and shall have its principal place of business at [Address].2. Term of Partnership。
The partnership shall commence on the date of this Agreement and shall continue until terminated by mutual agreement of the Partners or as otherwise provided for inthis Agreement.3. Contributions。
Each Partner shall contribute to the partnership the following assets or services: [List of Contributions]. The Partners shall maintain accurate records of their contributions and the value thereof.4. Distribution of Profits and Losses。