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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 Structure: Legal form of partnership under Belgian law and its primary characteristics
5. Purpose and Objectives: Detailed description of partnership's business purpose and goals
6. Capital Contributions: Details of initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Agreement on how profits and losses will be distributed among partners
8. Management and Decision Making: Partnership management structure and decision-making processes
9. Partners' Rights and Obligations: Detailed outline of partners' rights, duties, and responsibilities
10. Financial Administration: Financial management procedures, accounting practices, and reporting requirements
11. Banking and Financial Arrangements: Details of partnership bank accounts and financial controls
12. Duration: Term of the partnership and renewal provisions
13. Termination: Conditions and procedures for partnership termination
14. Governing Law: Confirmation of Belgian law application and jurisdiction
1. Non-Competition: Restrictions on partners' involvement in competing businesses, used when partners have other business interests
2. Intellectual Property Rights: IP ownership and usage rights, included when the partnership involves creation or use of intellectual property
3. Confidentiality: Provisions for handling confidential information, important for partnerships dealing with sensitive information
4. Insurance: Required insurance coverage, included when specific insurance needs exist
5. Assignment and Transfer: Rules for transferring partnership interests, important for larger partnerships
6. Alternative Dispute Resolution: Mediation or arbitration procedures, recommended for international partnerships
7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in high-risk industries
8. Environmental Compliance: Environmental obligations, necessary for partnerships in industries with environmental impact
1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions
2. Schedule 2 - Business Plan: Detailed business plan including financial projections
3. Schedule 3 - Partnership Assets: Inventory of partnership assets and their agreed values
4. Schedule 4 - Management Structure: Detailed organizational structure and management procedures
5. Schedule 5 - Profit Sharing Formula: Detailed calculations for profit and loss distribution
6. Appendix A - Partner Information: Detailed information about each partner including contact details and professional qualifications
7. Appendix B - Required Licenses: Copies or details of necessary business licenses and permits
8. Appendix C - Insurance Policies: Details of insurance coverage and policies
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