51 49 Partnership Agreement Template for Pakistan

1. Non-Compete and Confidentiality: Restrictions on competitive activities and protection of confidential information, recommended when partners have other business interests

2. Intellectual Property Rights: Ownership and usage of IP, necessary when the partnership involves creation or use of intellectual property

3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in certain industries or volatile markets

4. Tag-Along and Drag-Along Rights: Additional exit provisions, important for partnerships with potential future sale prospects

5. Islamic Finance Compliance: Specific provisions ensuring compliance with Islamic banking principles, if required by partners

6. Foreign Investment Provisions: Special provisions relating to foreign ownership and repatriation of profits, necessary if one partner is foreign

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

2. Schedule 2 - Business Plan: Initial business plan and strategic objectives of the partnership

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

4. Schedule 4 - Reserved Matters: List of decisions requiring special majority or unanimous consent

5. Schedule 5 - Valuation Methodology: Agreed methods for valuing partnership interests for transfer or exit

6. Appendix A - Share Certificate Format: Template for partnership share certificates

7. Appendix B - Partner Resolution Templates: Standard templates for partner resolutions and decisions