Investment Club Partnership Agreement Template for Ireland

The Investment Club Partnership Agreement is essential for groups of individuals in Ireland who wish to pool their resources for collective investment purposes. This document, governed by Irish law and compliant with the Partnership Act 1890 and relevant financial regulations, establishes the legal framework for the investment club's operations. It is typically used when two or more individuals want to formally create an investment club, defining their rights, obligations, and the club's operational procedures. The agreement covers crucial aspects such as capital contributions, investment policies, membership rules, governance structure, profit distribution, and exit mechanisms. It's particularly important for ensuring clear understanding among members and providing legal protection for all parties involved in the investment activities.

1. Parties: Identifies all founding members of the investment club partnership

2. Background: Sets out the context and purpose of forming the investment club

3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules

4. Formation and Name: Establishes the partnership's formation, name, and business address

5. Purpose and Objectives: Defines the investment club's purpose, investment objectives, and scope of activities

6. Partnership Capital and Contributions: Details initial and ongoing capital contributions, unit values, and capital accounts

7. Membership: Sets out membership requirements, admission procedures, and membership limits

8. Management and Administration: Describes governance structure, officers' roles, and decision-making processes

9. Meetings and Voting: Specifies meeting procedures, voting rights, and quorum requirements

10. Investment Policy and Restrictions: Establishes investment guidelines, restrictions, and decision-making processes

11. Accounting and Financial Matters: Details financial record-keeping, valuations, and reporting requirements

12. Distribution Policy: Outlines rules for profit distribution and reinvestment

13. Transfer of Interests: Governs the transfer of partnership interests between members

14. Withdrawal and Retirement: Sets out procedures for member withdrawal and retirement

15. Dissolution and Termination: Specifies circumstances and procedures for partnership dissolution

16. General Provisions: Contains standard legal provisions including notices, amendments, and governing law