Employee Partnership Agreement Template for Canada

1. Non-Competition: Restrictions on competing activities, used when protecting business interests is crucial

2. Intellectual Property: IP ownership and rights, included when the partner will be involved in creating IP

3. International Operations: Provisions for international business activities, used when the partnership operates across borders

4. Family Members: Provisions regarding transfer of partnership interests to family members, used for family succession planning

5. Training and Development: Professional development requirements and support, included for junior partners

6. Client Relationships: Provisions regarding client ownership and transition, important for professional services firms

7. Insurance Requirements: Specific insurance obligations, included when partners need professional liability coverage

8. Remote Work: Provisions for remote work arrangements, used when partners work remotely

1. Schedule A - Capital Account Details: Detailed breakdown of partner's capital account and contribution schedule

2. Schedule B - Profit Sharing Formula: Detailed calculation method for profit sharing and performance metrics

3. Schedule C - Partnership Interest Valuation: Methodology for valuing partnership interests for buy-out purposes

4. Schedule D - Employment Terms: Detailed employment terms, including compensation structure and benefits

5. Schedule E - Management Structure: Organizational chart and management responsibilities

6. Appendix 1 - Partnership Policies: Key partnership policies and procedures

7. Appendix 2 - Required Consents: Forms for required consents and approvals

8. Appendix 3 - Insurance Requirements: Detailed insurance coverage requirements and minimums