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Consultancy Partnership Agreement
"I need a Consultancy Partnership Agreement for a new technology consulting venture between three senior IT consultants, with specific provisions for intellectual property sharing and client relationship management, starting from March 2025."
1. Parties: Identification and details of all consulting partners
2. Background: Context of the partnership and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Details of partnership type, roles, and responsibilities
5. Duration and Term: Partnership commencement and duration
6. Financial Arrangements: Profit sharing, capital contributions, drawings
7. Management and Decision Making: Governance structure and voting rights
8. Obligations of Partners: Duties, commitments, and responsibilities
9. Termination: Conditions and procedures for ending the partnership
10. Confidentiality: Protection of partnership and client confidential information
11. Dispute Resolution: Procedures for resolving disagreements between partners
12. General Provisions: Miscellaneous legal provisions including governing law and notices
1. Non-Compete Provisions: Restrictions on competing activities during and after partnership
2. International Operations: Rules and procedures for cross-border activities and jurisdictions
3. Intellectual Property Rights: Ownership and licensing of intellectual property created during partnership
4. Insurance Requirements: Required insurance coverage and maintenance obligations
5. Data Protection: Compliance with GDPR and data protection requirements
1. Schedule 1: Partner Details: Detailed information about each partner including contact details and professional qualifications
2. Schedule 2: Capital Contributions: Initial and ongoing capital requirements and contributions
3. Schedule 3: Profit Sharing Ratios: Agreed distribution of profits and losses between partners
4. Schedule 4: Services Description: Detailed scope of consulting services offered by the partnership
5. Schedule 5: Partnership Policies: Internal policies, procedures and operational guidelines
6. Schedule 6: Client List: List of existing clients and any associated restrictions or obligations
Authors
Associated Person
Business
Business Day
Business Hours
Business Plan
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Consulting Services
Default Event
Defaulting Partner
Drawing Account
Financial Year
Intellectual Property Rights
Law
Management Board
Managing Partner
Partnership
Partnership Account
Partnership Assets
Partnership Interest
Partner
Professional Services
Profit Share
Quarter
Reserved Matters
Senior Partner
Services
Territory
Working Capital
Partnership Formation
Duration and Term
Capital Contributions
Profit and Loss Sharing
Management and Decision Making
Partner Obligations
Admission of New Partners
Retirement and Withdrawal
Death or Incapacity
Expulsion of Partners
Partnership Assets
Banking and Financial Matters
Accounting and Records
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Consulting Services
Quality Standards
Professional Indemnity Insurance
Data Protection
Force Majeure
Dispute Resolution
Partnership Dissolution
Notices
Assignment and Transfer
Entire Agreement
Variation
Severability
Governing Law and Jurisdiction
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