黑料视频

Silent Partner Agreement Template for Belgium

A Silent Partner Agreement under Belgian law is a legally binding contract that establishes a partnership where one party (the silent partner) provides capital investment but does not participate in the business's daily operations or management. This agreement, governed by the Belgian Code of Companies and Associations, outlines the terms of investment, profit-sharing arrangements, rights and obligations of both active and silent partners, while maintaining the silent partner's limited role and liability. The document addresses key aspects such as capital contributions, profit distribution, reporting requirements, and termination conditions, all while ensuring compliance with Belgian partnership and tax regulations.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With 黑料视频:

拢0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Silent Partner Agreement?

The Silent Partner Agreement is a crucial document used in Belgian business arrangements where an investor wishes to participate financially in a business venture without taking an active management role or public position. This type of agreement is particularly relevant under Belgian law, where it's known as "Stille Vennootschap" in Dutch or "Soci茅t茅 Interne" in French. The document is essential when structuring private investment arrangements, especially in cases where the investor wants to maintain confidentiality while providing capital to an existing or new business. The agreement covers critical aspects such as initial investment, profit-sharing mechanisms, reporting obligations, and exit strategies, all while ensuring compliance with Belgian regulatory requirements, including the Code of Companies and Associations. It's particularly useful for businesses seeking private capital without wanting to alter their public management structure or for investors looking to make passive investments with defined returns.

What sections should be included in a Silent Partner Agreement?

1. Parties: Identification of the active partner(s) and silent partner(s), including full legal names, addresses, and registration details where applicable

2. Background: Context of the partnership formation, including the business purpose and general intent of the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Structure: Legal structure of the partnership, confirming its nature as a silent partnership under Belgian law

5. Capital Contributions: Details of initial and any agreed future capital contributions by the silent partner

6. Profit and Loss Sharing: Agreement on how profits and losses will be distributed between partners

7. Management and Control: Confirmation that active partner(s) maintain full control and management of the business

8. Silent Partner's Rights: Specific rights of the silent partner, including information and inspection rights

9. Confidentiality: Obligations regarding business information confidentiality

10. Duration and Termination: Term of the partnership and conditions for termination

11. Governing Law: Confirmation of Belgian law as governing law and jurisdiction

What sections are optional to include in a Silent Partner Agreement?

1. Non-Competition: Restrictions on silent partner's involvement in competing businesses, if applicable

2. Transfer of Interest: Rules regarding the transfer of the silent partner's interest, if permitted

3. Additional Capital Calls: Procedures for requesting additional capital from the silent partner

4. Tag-Along Rights: Rights of the silent partner to participate in sale of business, if granted

5. Dispute Resolution: Alternative dispute resolution procedures, if preferred over court proceedings

6. Insurance Requirements: Specific insurance obligations for the business

7. Exit Strategy: Detailed procedures for partner exit beyond basic termination provisions

What schedules should be included in a Silent Partner Agreement?

1. Schedule 1 - Initial Capital Contribution: Detailed breakdown of the silent partner's initial capital contribution

2. Schedule 2 - Business Plan: Current business plan and financial projections

3. Schedule 3 - Profit Calculation Method: Detailed methodology for calculating distributable profits

4. Schedule 4 - Reporting Requirements: Format and frequency of financial reports to be provided to silent partner

5. Schedule 5 - Existing Business Assets: Inventory of existing business assets at partnership formation

6. Appendix A - Partner Details: Detailed information about all partners including contact information

7. Appendix B - Bank Account Details: Banking information for capital contributions and profit distributions

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Belgium

Publisher

黑料视频

Cost

Free to use

Find the exact document you need

Term Sheet Partnership Agreement

A preliminary agreement outlining key partnership terms and conditions under Belgian law, serving as the basis for a full partnership agreement.

Download

Non Binding Partnership Agreement

A Belgian law non-binding agreement outlining intended partnership terms and collaboration framework without creating legal obligations.

Download

Online Business Partnership Agreement

Belgian law-governed agreement establishing terms and conditions for online business partnerships, ensuring compliance with local and EU digital commerce regulations.

Download

Formal Partnership Agreement

A Belgian law-governed agreement establishing a formal partnership between parties, defining their rights, obligations, and business relationship structure.

Download

Software Partner Agreement

A Belgian law-governed agreement establishing terms for software partnership, distribution, and implementation rights between a software provider and business partner.

Download

Service Partner Agreement

Belgian law-governed agreement establishing terms and conditions between a principal company and service partner for professional service provision.

Download

Preferred Partnership Agreement

A Belgian law-governed agreement establishing a preferential business partnership with favorable terms and conditions for the preferred partner.

Download

Preferred Partner Agreement

Belgian law-governed agreement establishing preferential business partnership terms and conditions between commercial entities.

Download

Pre Partnership Agreement

A Belgian law-governed preliminary agreement setting out terms for exploring and negotiating a potential business partnership.

Download

Partnership Contract Agreement

A Belgian law-governed agreement establishing a formal partnership between two or more parties, defining their rights, obligations, and business relationship.

Download

Media Partner Agreement

Belgian-law agreement establishing terms and conditions for media partnerships, including content rights, licensing, and operational responsibilities.

Download

Limited Partnership Agreement

A Belgian law-governed agreement establishing a limited partnership structure between managing partners with unlimited liability and passive investors with limited liability.

Download

Lifetime Partnership Agreement

A Belgian law-governed agreement establishing a legal lifetime partnership between two individuals, covering shared life arrangements and mutual rights.

Download

Influencer Partnership Agreement

Belgian law-governed agreement establishing terms between brands and social media influencers, covering content creation, compensation, and compliance requirements.

Download

Club Partnership Agreement

A Belgian law-governed agreement establishing partnership terms between clubs, including operational, financial, and management arrangements.

Download

Artist Collaboration Agreement

A Belgian law-governed agreement establishing terms for artistic collaboration, covering IP rights, revenue sharing, and project execution details.

Download

50 50 Partnership Agreement

A Belgian law-governed agreement establishing an equal partnership between two parties with shared rights and responsibilities.

Download

Business Partner Agreement Contract

A Belgian law-governed agreement establishing terms and conditions for business partnership between commercial entities, including rights, obligations, and compliance requirements.

Download

Partner Buyout Agreement

A Belgian law-governed agreement facilitating the purchase of a departing partner's ownership interest by remaining partners or the partnership entity.

Download

Farming Partnership Agreement

Belgian law-governed agreement establishing a formal partnership between parties for agricultural operations, compliant with local and EU farming regulations.

Download

Construction Partnership Agreement

Belgian law-governed agreement establishing partnership terms and responsibilities for construction projects.

Download

Mou Strategic Partnership Agreement

A Belgian law-governed MoU outlining the framework and principles for strategic partnership between parties, serving as a preliminary collaboration agreement.

Download

Construction Joint Venture Agreement

Belgian law-governed agreement establishing a joint venture between parties for construction projects, defining rights, obligations, and operational procedures.

Download

Silent Partner Agreement

A Belgian law agreement establishing a partnership between an active business operator and a silent investor, defining investment terms and profit-sharing arrangements.

Download

General Partnership Agreement

A Belgian law-governed agreement establishing a general partnership, defining partner rights, obligations, and business operations under unlimited liability.

Download

Company Partnership Agreement

A Belgian law-governed agreement establishing a business partnership and defining partners' rights, obligations, and operational framework under the CCA.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it