Partnership Deed Online Template for Australia

1. Intellectual Property Rights: Provisions for IP ownership and usage when the partnership involves significant intellectual property

2. Non-Competition and Restraint: Restrictions on partners competing with the partnership, used when protecting business interests is crucial

3. Professional Indemnity Insurance: Requirements for professional insurance, particularly relevant for professional service partnerships

4. Good Will: Provisions regarding partnership goodwill valuation and allocation, important for professional or retail businesses

5. Partner Loans: Terms for loans between partners and the partnership, used when partner financing is anticipated

6. International Operations: Additional provisions for partnerships operating across international borders

7. Special Majority Decisions: List of decisions requiring special majority or unanimous consent, useful for larger partnerships

8. Alternate Directors: Provisions for appointing alternate decision-makers, relevant for larger partnerships

1. Schedule 1: Partner Details: Detailed information about each partner including contact details and professional qualifications

2. Schedule 2: Capital Contributions: Itemized list of initial capital contributions (cash, assets, or services) by each partner

3. Schedule 3: Profit Sharing Ratios: Detailed breakdown of profit and loss sharing arrangements

4. Schedule 4: Partnership Assets: Inventory of partnership assets and their agreed values

5. Schedule 5: Business Plan: Initial business plan and strategic objectives of the partnership

6. Schedule 6: Management Responsibilities: Detailed allocation of management roles and responsibilities

7. Appendix A: Partnership Policies: Key operational policies and procedures

8. Appendix B: Valuation Methodology: Agreed methods for valuing partnership interests