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1. Parties: Identification of all current partners and the partnership entity

2. Background: Brief history of the partnership and context for the exit

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

4. Exit Date and Notice: Specific date of exit and notice requirements

5. Financial Settlement: Terms of financial settlement including capital account, profit share, and outstanding loans

6. Release of Liabilities: Mutual release of future liabilities and obligations

7. Handover of Responsibilities: Process for transferring partner's duties and ongoing matters

8. Confidentiality Obligations: Ongoing confidentiality requirements post-exit

9. Return of Property: Process for returning partnership property and documents

10. Public Announcements: Agreement on how the exit will be communicated to stakeholders

11. Governing Law: Specification of Indian law as governing law and jurisdiction

12. Dispute Resolution: Process for resolving any disputes arising from the agreement

1. Schedule 1 - Financial Statement: Detailed calculation of final settlement amount

2. Schedule 2 - Asset List: List of partnership assets and their allocation/treatment

3. Schedule 3 - Client List: List of clients and their allocation between continuing and exiting partners

4. Schedule 4 - Outstanding Liabilities: List of all outstanding liabilities and their treatment

5. Schedule 5 - Handover Checklist: Detailed list of items and responsibilities to be handed over

6. Appendix A - Partnership Deed: Copy of original partnership deed for reference

7. Appendix B - Valuation Report: Independent valuation of partnership interests if applicable

8. Appendix C - Tax Clearance: Relevant tax clearances and certificates