Family Business Partnership Agreement Template for Canada

1. Non-Family Partners: Include when non-family members may be admitted as partners

2. Intellectual Property: Include when the business owns or develops significant IP

3. International Operations: Include for businesses operating across multiple jurisdictions

4. Family Council: Include when establishing a formal family governance structure

5. Family Employment Policy: Include detailed policies for hiring and promoting family members

6. Education and Training: Include provisions for developing next-generation leaders

7. Dividend Policy: Include specific rules for dividend distributions to family members

8. Social Media and Communications: Include guidelines for family members' public communications

9. Charitable Giving: Include when establishing formal charitable giving programs

1. Schedule A - Initial Capital Contributions: Detailed list of each partner's initial contributions

2. Schedule B - Family Member Qualifications: Required qualifications for family members joining the business

3. Schedule C - Valuation Methodology: Agreed method for valuing partnership interests

4. Schedule D - Management Structure Chart: Organizational structure and reporting relationships

5. Schedule E - Family Employment Terms: Standard employment terms for family members

6. Appendix 1 - Family Code of Conduct: Guidelines for family member behavior and responsibilities

7. Appendix 2 - Succession Planning Framework: Detailed succession planning procedures and timelines

8. Appendix 3 - Conflict Resolution Procedures: Step-by-step dispute resolution process

9. Appendix 4 - Family Business Constitution: Core values, vision, and mission of the family business