Create General Partnership Agreement "*" indicates required fields Step 1 of 5 20% HiddenUser Logged In? Contact InformationYour Name* First Last Email*Your completed document will be sent instantly to the following email address. Already have an account?Login now.Partnership InformationPartnership Name* Principal Place of Business of the Partnership* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code What is the purpose of the Partnership?*Describe the primary and secondary lines of businesses of the Partnership.Partnership Commencement Date* MM slash DD slash YYYY Document Signing Date* MM slash DD slash YYYY Total Number of Partners*234First PartnerName of First Partner* First Last Address of First Partner* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code What is First Partner's contribution to the Partnership?* Cash Other (Property or Services) How much is the Capital Contribution of First Partner?*Describe the Non-cash Contribution of First Partner?* Second PartnerName of Second Partner* First Last Address of Second Partner* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code What is Second Partner's contribution to the Partnership?* Cash Other (Property or Services) How much is the Capital Contribution of Second Partner?*Describe the Non-cash Contribution of Second Partner?* Third PartnerName of Third Partner* First Last Address of Third Partner* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code What is Third Partner's contribution to the Partnership?* Cash Other (Property or Services) How much is the Capital Contribution of Third Partner?*Describe the Non-cash Contribution of Third Partner?* Fourth PartnerName of Fourth Partner* First Last Address of Fourth Partner* Street Address City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code What is Fourth Partner's contribution to the Partnership?* Cash Other (Property or Services) How much is the Capital Contribution of Fourth Partner?*Describe the Non-cash Contribution of Fourth Partner?* Ownership InterestOwnership Interest of First Partner*Please enter a number from 0 to 100.Ownership Interest of Second Partner*Please enter a number from 0 to 100.Ownership Interest of Third Partner*Please enter a number from 0 to 100.Ownership Interest of Fourth Partner*Please enter a number from 0 to 100.Deadline for Delivering Contributions*Please indicate the deadline date by which time the respective partners must have already formally delivered their capital contributions to the partnership. MM slash DD slash YYYY What is the Basis of Accounting for the Partnership?What is the method of accounting to be used? This is important for determining a partner's share in the profits and losses of the partnership. The Cash method means that the partnership would recognize profits only when it receives actual cash or payment, and recognize expenses only when it actually pays cash. On the other hand, the Accrual method means that the partnership would already recognize revenue upon billing a customer or client (without actually receiving the cash yet), or recognize an expense once it has have been billed even without actually paying yet. Cash Accrual How often profits or losses will be allocated to the Partners?*Please indicate the frequency concerning how often the profits or losses of the partnership should be distributed among its partners.MonthlyQuarterlyYearlyHow will profits or losses be allocated to the Partners?*A partner's share in profits or losses can be allocated equally, be based on capital contribution, ownership interest, or an assigned fixed percentage.Based on Capital ContributionBased on Ownership InterestEquallyBased on a Fixed PercentageHiddenFixed Percentage SharesFixed Percentage shares for profits or losses of First Partner*Please enter a number from 0 to 100.Fixed Percentage shares for profits or losses of Second Partner*Please enter a number from 0 to 100.Fixed Percentage shares for profits or losses of Third Partner*Please enter a number from 0 to 100.Fixed Percentage shares for profits or losses of Fourth Partner*Please enter a number from 0 to 100. Additional InformationWhat type of vote is required for Partnership decisions?*Partnership decisions require either a majority vote of the partners or partnership interest, or a unanimous vote of the partners or partnership interest. Majority Vote Unanimous Vote How are Partnership votes weighted?*A vote of a Partner may be counted as one, or may be based on the Partner's interest in the partnership.One Vote per PartnerBased on Partnership InterestIs there a Managing Partner?*A partnership may appoint a Managing Partner who can act on behalf of the Partnership for certain acts. Yes No How are Accounting Decisions decided by the Partnership??*Partnership decisions require either a majority vote of the partners or partnership interest, or a unanimous vote of the partners or partnership interest. Managing Partner Majority Vote Unanimous Vote PDF Preview Full Screen Rotate your phone sideways for larger preview. Almost there! 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