51 49 Partnership Agreement Template for United Arab Emirates

1. Anti-dilution Provisions: Used when partners want to protect against ownership dilution in future capital raises

2. Tag-Along Rights: Include when minority partner wants protection in case of majority partner sale

3. Drag-Along Rights: Include when majority partner wants ability to force minority partner participation in sale

4. Deadlock Resolution: Include for partnerships where equal decision-making power might lead to deadlocks

5. Non-Compete Provisions: Used when partners want to restrict competition during and after partnership

6. Intellectual Property Rights: Include when IP is significant to the business

7. Key Person Insurance: Used when partnership relies heavily on specific individuals

8. Exit Strategy: Include detailed exit mechanisms when partners want pre-agreed exit options

9. Force Majeure: Include detailed force majeure provisions for high-risk business environments

1. Schedule 1: Capital Contributions: Detailed breakdown of initial and committed capital contributions from each partner

2. Schedule 2: Business Plan: Initial business plan and financial projections

3. Schedule 3: Company Constitution: Memorandum and Articles of Association compliant with UAE law

4. Schedule 4: Management Structure: Detailed organizational chart and management responsibilities

5. Schedule 5: Reserved Matters: List of decisions requiring special majority or unanimous approval

6. Schedule 6: Key Performance Indicators: Agreed performance metrics and targets

7. Appendix A: Power of Attorney: Standard form of power of attorney for company operations

8. Appendix B: Shareholder Loans: Terms of any shareholder loans or additional financing

9. Appendix C: Trade License: Copy of trade license and other regulatory permits