The Limited Liability Partnership Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring customizable and printable examples.
Limited Liability Partnership Agreement Template UK Editable – PrintableSample
Limited Liability Partnership Agreement Template UK 1. Partnership Information 2. Partner Information 3. Partner Information 4. Purpose of the Partnership 5. Capital Contributions 6. Sharing of Profits and Losses 7. Management and Decision-Making 8. Admissions of New Partners 9. Withdrawal and Retirement of Partners 10. Termination of the Partnership 11. Confidentiality Obligations 12. Governing Law 13. Signatures and Acceptance 14. Declaration and Signatures
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[Name of Partner 1]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
[Name of Partner 2]
[Partner 2’s ID]
[Partner 2’s Address]
[Partner 2’s Phone]
[Partner 2’s Email]
This agreement outlines the establishment of a Limited Liability Partnership (LLP) known as [Partnership Name], effective as of [Start Date], to govern the rights and obligations of the Partners.
The Partners hereby form a Limited Liability Partnership under the applicable laws of [Jurisdiction, e.g., England and Wales] and agree to conduct business as [Partnership Name].
The primary purpose of the Partnership is to [Specify business activities, e.g., provide consulting services, engage in trading, etc.].
Each Partner shall contribute capital as follows: [Partner 1: Amount; Partner 2: Amount]. Additional contributions may be made as agreed by all Partners.
Profits and losses shall be distributed among the Partners in proportion to their respective capital contributions, unless otherwise agreed in writing.
The Partners agree that all significant management decisions shall be made collectively, with each Partner having one vote. Decisions require a [specify majority, e.g., simple majority, unanimous approval].
The Partnership shall maintain accurate records of all financial transactions, and each Partner shall have access to the financial statements at any time.
Each Partner agrees to indemnify and hold harmless the other Partners from any liability or loss incurred due to their own negligence or misconduct.
The Partnership may be dissolved by mutual consent, or upon the occurrence of events such as [Specify events, e.g., bankruptcy, death of a Partner, etc.].
[Signature of Partner 1]
[Name of Partner 1]
[Signature of Partner 2]
[Name of Partner 2]
[Name of Partner 1]
[Partner 1’s ID]
[Partner 1’s Address]
[Partner 1’s Phone]
[Partner 1’s Email]
[Name of Partner 2]
[Partner 2’s ID]
[Partner 2’s Address]
[Partner 2’s Phone]
[Partner 2’s Email]
This Limited Liability Partnership Agreement outlines the terms under which [Partnership Name] will operate, effective from [Start Date], specifying the roles and obligations of each Partner.
The business of the Partnership shall be conducted under the name [Partnership Name].
The Partnership shall commence on [Start Date] and will continue until dissolved as per the terms set herein.
Each Partner shall manage the Partnership’s affairs and decisions made shall reflect the input from all Partners, with important decisions requiring [specify level of agreement, e.g., unanimous or majority].
The financial commitments and contributions of the Partners are as follows: [Specify the contributions].
Profits will be allocated annually amongst the Partners based on the agreed ratio of capital contribution or as resolved otherwise by mutual consent.
The Partners shall ensure that accurate accounting records are kept and shall prepare annual financial statements for review.
All Partners agree to maintain confidentiality regarding proprietary information and the terms of this agreement, even after the Partnership has been dissolved.
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of Partner 1]
[Name of Partner 1]
[Signature of Partner 2]
[Name of Partner 2]
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