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Deed Of Partnership Between Two Partners
I need a Deed of Partnership Between Two Partners under Danish law for a management consulting firm, with an equal 50-50 profit split and specific provisions for client confidentiality, starting from March 1, 2025.
1. Parties: Identification and details of the two partners entering into the partnership
2. Background: Context and purpose for establishing the partnership
3. Definitions: Definitions of key terms used throughout the deed
4. Partnership Name and Business: Official name of the partnership and nature of business activities
5. Commencement and Term: Start date and duration of the partnership
6. Capital Contributions: Initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Agreement on how profits and losses will be distributed
8. Management and Decision Making: Partners' roles, responsibilities, and decision-making processes
9. Banking and Financial Matters: Banking arrangements and financial management procedures
10. Accounts and Records: Requirements for maintaining partnership accounts and records
11. Partner Drawings: Rules regarding partners' withdrawal of funds
12. Restrictions on Partners: Non-compete and other restrictive covenants
13. Termination: Circumstances and procedures for partnership termination
14. Death or Incapacity: Procedures in case of death or incapacity of a partner
15. Governing Law: Confirmation of Danish law as governing law
16. Dispute Resolution: Procedures for resolving partnership disputes
1. Intellectual Property Rights: Management of IP rights when the partnership involves intellectual property
2. Property and Assets: Specific provisions for partnership property ownership when significant assets are involved
3. Employee Management: Procedures for hiring and managing employees when the partnership intends to have employees
4. Insurance: Requirements for business insurance when specific risks need to be covered
5. Environmental Compliance: Environmental obligations for partnerships in industries with environmental impact
6. International Operations: Provisions for international business activities when operating across borders
7. Digital Assets and Online Presence: Management of website, social media, and other digital assets when relevant to the business
1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions
2. Schedule 2 - Business Plan: Initial business plan and strategic objectives
3. Schedule 3 - Asset Register: List of partnership assets and their agreed values
4. Schedule 4 - Partner Responsibilities: Detailed allocation of specific duties and responsibilities
5. Schedule 5 - Accounting Policies: Agreed accounting principles and procedures
6. Appendix A - Bank Account Details: Partnership bank account information and signing authorities
7. Appendix B - Premises Details: Information about business premises and related agreements
Authors
Retail
Professional Services
Consulting
Manufacturing
Technology
Real Estate
Healthcare
Food and Beverage
Construction
Agriculture
Creative Industries
Financial Services
Education and Training
Hospitality
Transport and Logistics
Legal
Finance
Compliance
Corporate Governance
Risk Management
Operations
Business Development
Commercial
Administrative
Executive Leadership
Business Owner
Managing Partner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Business Development Manager
Company Secretary
Finance Director
Operations Manager
Risk Manager
Compliance Officer
Partnership Manager
Commercial Director
General Counsel
Managing Director
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