Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Partnership Agreement
"I need a Partnership Agreement for a law firm in Karachi with four senior partners and three junior partners, including specific provisions for profit-sharing ratios of 20% each for senior partners and 6.67% each for junior partners, to be effective from March 1, 2025."
1. Parties: Identification and details of all partners entering into the agreement
2. Background: Context of the partnership formation and brief description of the business purpose
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Name and Business: Official name of the partnership and nature of business activities
5. Commencement and Term: Start date and duration of the partnership
6. Capital Contributions: Initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Division of profits and losses among partners
8. Management and Decision Making: Partnership management structure and voting rights
9. Banking and Financial Matters: Banking arrangements and financial management procedures
10. Partners' Duties and Obligations: Rights, responsibilities, and obligations of all partners
11. Meetings and Records: Requirements for partnership meetings and maintenance of records
12. Restrictions on Partners: Non-compete and other restrictive covenants
13. Addition and Retirement of Partners: Procedures for admitting new partners and handling partner retirement
14. Death and Incapacity: Procedures in case of death or incapacity of a partner
15. Termination and Dissolution: Grounds and procedures for partnership termination
16. Dispute Resolution: Mechanisms for resolving disputes between partners
17. Governing Law: Specification of Pakistani law as governing law and jurisdiction
1. Intellectual Property Rights: Ownership and management of IP rights when the partnership deals with intellectual property
2. International Operations: Additional provisions for partnerships operating across international borders
3. Islamic Finance Compliance: Specific provisions ensuring compliance with Islamic finance principles if required
4. Employee Management: Procedures for hiring and managing employees if the partnership will have employees
5. Environmental Compliance: Environmental obligations for partnerships in industries with environmental impact
6. Technology and Data Protection: Provisions for partnerships handling sensitive data or technology
7. Insurance Requirements: Specific insurance obligations beyond standard coverage
8. Special Industry Compliance: Additional compliance requirements for regulated industries
1. Schedule 1 - Capital Contributions: Detailed breakdown of each partner's initial and agreed future capital contributions
2. Schedule 2 - Profit Sharing Ratios: Detailed profit and loss sharing arrangements including any variations
3. Schedule 3 - Business Plan: Initial business plan and strategic objectives of the partnership
4. Schedule 4 - Partnership Assets: List of all assets contributed to or owned by the partnership
5. Schedule 5 - Management Responsibilities: Detailed allocation of management duties and responsibilities
6. Schedule 6 - Authorized Signatories: List of partners authorized to sign various documents and their signing powers
7. Appendix A - Partnership Policies: Key operational policies and procedures
8. Appendix B - Compliance Checklist: Checklist of regulatory compliance requirements
Authors
Business
Business Day
Capital Account
Capital Contribution
Commencement Date
Confidential Information
Default Event
Dispute
Distribution
Financial Year
Insolvency Event
Intellectual Property Rights
Managing Partner
Material Breach
Net Profit
Net Loss
Partnership
Partnership Assets
Partnership Interest
Partnership Property
Partners
Partnership Share
Premises
Professional Services
Profit and Loss Account
Quarter
Related Party
Relevant Laws
Reserved Matters
Resolution
Retiring Partner
Special Resolution
Tax
Term
Territory
Transfer
Valuation
Working Capital
Business Plan
Accounting Period
Authorized Signatory
Board of Partners
Books of Account
Deadlock
Drawing Account
Encumbrance
Force Majeure Event
Indemnified Party
Initial Capital
Management Committee
Notice
Partnership Name
Regulatory Approvals
Partnership Formation
Duration
Business Purpose
Capital Contributions
Additional Capital
Profit and Loss Sharing
Partners' Duties
Management Rights
Decision Making
Banking Arrangements
Financial Records
Distribution of Profits
Drawing Rights
Partner Meetings
Voting Rights
Non-Competition
Confidentiality
Intellectual Property
Assignment and Transfer
New Partners
Partner Retirement
Death and Incapacity
Termination
Dissolution
Force Majeure
Notice Requirements
Dispute Resolution
Governing Law
Severability
Indemnification
Insurance
Partnership Property
Financial Reporting
Tax Matters
Partner Representations
Authority and Powers
Business Name
Good Faith
Amendment Procedures
Entire Agreement
Registration Requirements
Compliance
Third Party Rights
Partnership Expenses
Partner Liability
Restrictive Covenants
Professional Services
Retail
Manufacturing
Technology
Real Estate
Construction
Healthcare
Agriculture
Education
Consulting
Trading
Hospitality
Financial Services
Media and Entertainment
Transportation and Logistics
Legal
Finance
Compliance
Corporate Governance
Tax
Risk Management
Business Development
Operations
Strategy
Administration
Business Owner
Managing Partner
Legal Counsel
Corporate Lawyer
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Company Secretary
Tax Consultant
Risk Manager
Compliance Officer
Business Consultant
Partnership Manager
Operations Director
Strategic Planning Manager
Find the exact document you need
Land Ownership Agreement
A legal agreement under Pakistani law for transferring land ownership between parties, including property details and transaction terms.
Software Ownership Agreement
A legal agreement under Pakistani law that transfers complete ownership rights of software and related intellectual property from one party to another.
Company Ownership Contract
A legally binding agreement under Pakistani law that documents the transfer of company ownership, including terms, conditions, and regulatory compliance requirements.
Company Ownership Agreement
A Pakistani law-governed agreement that establishes company ownership structure, shareholder rights, and governance framework.
Brand Ownership Agreement
A Pakistani law-governed agreement establishing brand ownership rights, protection mechanisms, and usage terms under local intellectual property and contract law.
Artwork Ownership Agreement
A Pakistani law-governed agreement for transferring artwork ownership, ensuring legal compliance while protecting both parties' interests in art transactions.
Home Co Ownership Agreement
A comprehensive agreement governing residential property co-ownership arrangements in Pakistan, aligned with local property laws and Islamic legal principles.
Land Co Ownership Agreement
A Pakistani law-governed agreement establishing terms and conditions for multiple parties co-owning land or property, defining shares, rights, and obligations.
Property Ownership Agreement
A legally binding agreement under Pakistani law that documents and executes the transfer of property ownership between parties, ensuring compliance with local property laws and registration requirements.
Partnership Agreement
A legally binding agreement under Pakistani law that establishes and governs the terms and conditions of a business partnership between two or more parties.
Fractional Ownership Agreement
A Pakistani law-governed agreement establishing shared ownership rights and responsibilities among multiple parties for joint asset ownership.
Operating Partnership Agreement
A legal agreement under Pakistani law that establishes and governs the terms and conditions of a business partnership between two or more partners.
Co Ownership Business Agreement
A legal agreement under Pakistani law establishing the terms and conditions for joint ownership and operation of a business between multiple parties.
Beneficial Owner Agreement
A Pakistani law-governed agreement establishing the relationship between legal and beneficial owners of assets, ensuring regulatory compliance and defining parties' rights and obligations.
Property Sharing Agreement
A Pakistani law-governed agreement establishing property sharing arrangements between multiple parties, detailing ownership rights, responsibilities, and management terms.
Partnership Investment Agreement
A legal agreement under Pakistani law establishing terms for partnership investment, including capital contributions, profit-sharing, and management rights.
Company Partnership Agreement
A legal agreement under Pakistani law establishing a formal business partnership, detailing partner rights, obligations, and operational framework.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.