Joint Partnership Agreement Template for Hong Kong

1. Non-Competition and Confidentiality: Restrictions on competing activities and protection of confidential information, used when intellectual property or trade secrets are significant

2. Intellectual Property Rights: Ownership and management of IP, used when the partnership develops or uses significant IP

3. Insurance: Required insurance coverage, used when business activities carry significant risks

4. Dispute Resolution: Detailed procedures for resolving disputes, used when partners want specific resolution mechanisms beyond court proceedings

5. Good Faith and Fair Dealing: Additional ethical obligations, used when partners want to emphasize trust and cooperation

6. Force Majeure: Provisions for unforeseen circumstances, used when business is susceptible to external disruptions

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

2. Schedule 2: Profit Sharing Ratios: Specific percentages or formulas for profit and loss distribution

3. Schedule 3: Management Responsibilities: Detailed allocation of management duties and decision-making authority

4. Schedule 4: Business Plan: Initial business plan and strategic objectives

5. Schedule 5: Partner Information: Detailed information about each partner including contact details and representatives

6. Appendix A: Accounting Policies: Specific accounting procedures and policies to be followed

7. Appendix B: Operating Procedures: Day-to-day operational guidelines and procedures