Memorandum Of Agreement For Business Partnership Template for Germany

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

2. Intellectual Property: IP ownership and usage rights - include when the partnership involves creation or use of intellectual property

3. Insurance: Required insurance coverage - include for high-risk business activities

4. Employee Management: Principles for hiring and managing employees - include when the partnership will have employees

5. Partnership Expansion: Procedures for admitting new partners - include when future expansion is contemplated

6. International Operations: Provisions for international business activities - include when operating across borders

7. Environmental Compliance: Environmental responsibilities - include for businesses with environmental impact

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

2. Schedule 2: Business Plan: Initial business plan and strategic objectives

3. Schedule 3: Management Structure: Detailed organizational chart and management responsibilities

4. Schedule 4: Profit Sharing Formula: Detailed calculations for profit and loss distribution

5. Schedule 5: Key Performance Indicators: Metrics for measuring partnership performance

6. Appendix A: Partner Information: Detailed information about each partner, including contact details and representatives

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

8. Appendix C: Banking Details: Partnership bank account information and signing authorities