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Partnership Agreement Template

Standard business partnership contract outlining ownership ratios, capital investment, and exit terms. Adjust fields in the controller to customize variables dynamically. Open in our visual tiptap document workspace to edit text blocks, trigger AI assistant rewrites, and export as PDF/Word.

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Pied Piper Inc.
742 Evergreen Terrace, Springfield, IL 62704
sarah.j@techsolutions.com · +1 (555) 382-9281

PARTNERSHIP AGREEMENT

This Partnership Agreement is made between Erlich Bachman and Richard Hendricks to establish and operate Jenkins Digital Studio as a general partnership.

Partners

Partner 1: Erlich Bachman, Palo Alto, CA — 50% ownership stake

Partner 2: Richard Hendricks, Palo Alto, CA — 50% ownership stake

1. The Business

The partnership will operate as Jenkins Digital Studio at 456 Commerce Blvd, Suite 200, Austin, TX 78701 in the Software & Technology Incubator sector.

2. Capital Contributions

$100,000.00 total initial capital contribution ($50,000.00 per partner) Additional capital calls require the consent of both partners.

3. Profits & Losses

Profits and losses split 50/50, paid out quarterly.

4. Duties & Decision-Making

Responsibilities: Erlich manages branding and relations; Richard handles tech development.. Decision-making: All major business expansion decisions require unanimous partner consent..

5. Withdrawal & Dissolution

A partner may sell their shares back to the partnership or to an approved buyer.

Signatures

Partner 1: Erlich Bachman

Partner 2: Richard Hendricks

This partnership operates in mutual trust and alignment on common business goals.
Pied Piper Inc.