Simple Partnership Agreement Template for United Arab Emirates

1. Non-Competition: Restrictions on partners engaging in competing businesses, recommended when partners have other business interests

2. Intellectual Property: IP ownership and usage rights, necessary when the partnership will develop or use significant IP

3. Insurance: Required insurance coverage and responsibilities, important for high-risk businesses

4. Dispute Resolution: Detailed dispute resolution procedures including mediation, useful for complex partnerships

5. Force Majeure: Provisions for unforeseen circumstances affecting partnership operations

6. Confidentiality: Protection of partnership's confidential information, important for knowledge-based businesses

7. Death or Incapacity: Specific provisions for handling partner death or incapacity, important for family businesses

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

2. Schedule 2 - Profit Sharing Ratios: Detailed profit and loss distribution mechanisms including any varying ratios

3. Schedule 3 - Business Plan: Initial business plan and operational framework

4. Schedule 4 - Partner Details: Complete partner information including contact details and representatives

5. Schedule 5 - Partnership Assets: List of assets contributed to or owned by the partnership

6. Appendix A - Specimen Signatures: Authorized signatures for partnership operations

7. Appendix B - Required Licenses: List of required business licenses and permits