Operating Partnership Agreement Template for Germany

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

2. Intellectual Property Rights: IP ownership and usage rights, include for partnerships involving creative or technical work

3. International Operations: Provisions for cross-border activities, include for partnerships operating internationally

4. Environmental Compliance: Environmental obligations and procedures, include for partnerships in industrial or regulated sectors

5. Data Protection: GDPR and data protection compliance, include when handling personal data

6. Force Majeure: Provisions for unforeseen circumstances, include for high-risk or dependent operations

7. Alternative Dispute Resolution: Mediation or arbitration procedures, include when partners prefer alternatives to court proceedings

8. Employee Matters: Employment policies and procedures, include when partnership will have employees

1. Schedule 1 - Initial 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 Ratios: Detailed profit and loss allocation formulas

5. Schedule 5 - Property Schedule: List of partnership properties and assets

6. Appendix A - Partner Contact Details: Contact information for all partners and key representatives

7. Appendix B - Banking Arrangements: Banking details and authorized signatories

8. Appendix C - Accounting Policies: Detailed accounting procedures and policies