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1. Parties: Identification and details of all partners entering the agreement
2. Background: Context of the partnership formation and partners' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Name and Purpose: Official name of the partnership and its business objectives
5. Duration: Term of the partnership, including commencement date and any fixed duration
6. Capital Contributions: Details of initial and any agreed future capital contributions from partners
7. Profit and Loss Sharing: Framework for distribution of profits and allocation of losses
8. Management and Decision Making: Partnership governance structure and decision-making processes
9. Partners' Rights and Obligations: Detailed responsibilities and rights of all partners
10. Banking and Financial Matters: Financial management procedures and banking arrangements
11. Accounting and Records: Requirements for financial record-keeping and reporting
12. Transfer of Partnership Interest: Rules governing the transfer of partnership shares
13. Admission of New Partners: Process and conditions for admitting new partners
14. Withdrawal and Retirement: Procedures for partner withdrawal or retirement
15. Dissolution and Liquidation: Circumstances and procedures for partnership dissolution
16. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction
17. Notices: Process for formal communications between partners
18. General Provisions: Miscellaneous legal provisions including severability and entire agreement
1. Non-Competition: Restrictions on partners competing with the partnership - include when partners may have other business interests
2. Intellectual Property Rights: IP ownership and usage rights - include when the partnership will develop or use significant IP
3. Confidentiality: Protection of partnership secrets - include when dealing with sensitive information
4. Death of a Partner: Succession planning provisions - include when partners want specific arrangements for their interests after death
5. Force Majeure: Provisions for unforeseen circumstances - include when business is susceptible to external disruptions
6. Alternative Dispute Resolution: Mediation or arbitration procedures - include when partners prefer alternatives to court proceedings
7. Insurance: Required insurance coverage - include when specific risks need to be covered
8. Employee Management: Rules for hiring and managing employees - include when partnership will have employees
1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions
2. Schedule 2 - Profit Sharing Ratios: Specific percentages or formulas for profit distribution
3. Schedule 3 - Partnership Property: Inventory of partnership assets and property
4. Schedule 4 - Business Plan: Initial business plan and objectives
5. Schedule 5 - Management Procedures: Detailed operational and management procedures
6. Schedule 6 - Partner Contact Details: Complete contact information for all partners
7. Schedule 7 - Reserved Matters: Decisions requiring unanimous or special majority approval
8. Appendix A - Partnership Registration Documents: Copies of official registration documents
9. Appendix B - Partner Qualifications: Professional qualifications or certifications of partners where relevant
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