Partnership agreement
Compatible region(s):
Scotland
Northern Ireland
England
Wales
This partnership agreement is in accordance with the Partnership Act 1890 and provides a contractual framework under which the partners should conduct themselves at all times. The agreement includes provisions in relation to the key elements that define a partnership such as management, finances and partner regulation. In addition the agreement offers many optional clauses such as those in relation to insurance, maternity, paternity and adoption leave. This document is suitable for small to medium sized partnerships of no more than twenty partners. Please note that this document is not suitable for those intending to form a limited liability partnership.
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Partnership agreement
(Guidance Notes)