50 50 Partnership Agreement Template for Qatar

1. Non-Competition: Restrictions on partners engaging in competing businesses, used when partners have other business interests

2. Intellectual Property: IP ownership and usage rights, included when the partnership involves significant IP assets

3. Employment of Partners: Terms for partners' employment in the business, used when partners will be actively involved in operations

4. Insurance: Required insurance coverage, included when business activities require specific insurance

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in certain industries

6. Confidentiality: Protection of partnership information, essential when dealing with sensitive business information

7. Environmental Compliance: Environmental obligations, included for businesses with environmental impact

8. Anti-Money Laundering: AML compliance provisions, necessary for financial or regulated businesses

1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each partner's initial capital contribution

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

3. Schedule 3 - Banking Arrangements: Details of partnership bank accounts and authorized signatories

4. Schedule 4 - Accounting Policies: Agreed accounting principles and procedures

5. Schedule 5 - Property Schedule: List of partnership property and assets

6. Appendix A - Partner Information: Detailed information about each partner including contact details

7. Appendix B - Required Licenses: List of required business licenses and permits

8. Appendix C - Management Procedures: Detailed procedures for day-to-day management and decision-making