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Partnership Deed
"I need a Partnership Deed for establishing a technology consulting firm in Qatar between three partners (two local and one international), with specific provisions for intellectual property rights and profit sharing to commence operations by March 2025."
1. Parties: Identification and details of all partners entering into the partnership
2. Background: Context of the partnership formation and partners' intentions
3. Definitions: Definitions of key terms used throughout the deed
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: Details of initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Agreement on how profits and losses will be distributed among partners
8. Management and Decision Making: Management structure and process for making partnership decisions
9. Partners' Duties and Obligations: Rights, responsibilities, and obligations of all partners
10. Banking and Financial Matters: Banking arrangements and financial management procedures
11. Accounting and Records: Requirements for maintaining partnership accounts and records
12. Admission of New Partners: Process and conditions for admitting new partners
13. Resignation and Retirement: Procedures for partner resignation or retirement
14. Death or Incapacity: Provisions dealing with death or incapacity of partners
15. Termination and Dissolution: Circumstances and procedures for partnership termination
16. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction
1. Non-Competition: Restrictions on partners engaging in competing businesses, used when partners have other business interests
2. Intellectual Property Rights: Provisions regarding ownership and use of IP, included when the partnership involves significant IP assets
3. Foreign Investment Provisions: Special provisions required when foreign partners are involved, in compliance with Qatar's Foreign Investment Law
4. Islamic Finance Compliance: Specific provisions ensuring compliance with Islamic finance principles, if required
5. Dispute Resolution: Detailed dispute resolution procedures, including potential arbitration clauses
6. Force Majeure: Provisions for unforeseen circumstances affecting partnership operations
7. Environmental Compliance: Environmental obligations and compliance requirements, necessary for businesses with environmental impact
1. Schedule 1 - Capital Contributions: Detailed breakdown of each partner's capital contributions, including valuations of non-cash assets
2. Schedule 2 - Profit Sharing Ratios: Detailed formula and arrangements for profit and loss distribution
3. Schedule 3 - Business Plan: Initial business plan and strategic objectives of the partnership
4. Schedule 4 - Property and Assets: List of partnership properties and assets, including leases and equipment
5. Schedule 5 - Management Responsibilities: Detailed allocation of management duties and responsibilities
6. Appendix A - Partner Details: Comprehensive information about each partner, including contact details and representatives
7. Appendix B - Required Licenses: Copies or details of all required licenses and permits for operation in Qatar
8. Appendix C - Banking Arrangements: Details of banking arrangements and authorized signatories
Authors
Applicable Law
Articles of Partnership
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Commercial Register
Commencement Date
Confidential Information
Defaulting Partner
Drawing Account
Effective Date
Financial Year
Force Majeure Event
Governing Law
Initial Capital
Intellectual Property Rights
Management Committee
Managing Partner
Material Breach
Ministry
Net Profit
Net Loss
Non-Competition Period
Operating Account
Partner
Partnership
Partnership Assets
Partnership Capital
Partnership Interest
Partnership Property
Profit and Loss Account
Qatar
QAR
Quarter
Related Party
Relevant Authority
Reserved Matters
Share
Territory
Transfer
Working Capital
Partnership Formation
Duration
Business Scope
Capital Contribution
Additional Capital
Profit and Loss Distribution
Management Rights
Decision Making
Partner Obligations
Banking Arrangements
Accounting and Audit
Partner Meetings
Reserved Matters
Restrictions on Partners
Non-Competition
Confidentiality
Intellectual Property
Admission of New Partners
Transfer of Interest
Death of Partner
Retirement
Expulsion of Partner
Termination
Dissolution
Force Majeure
Dispute Resolution
Governing Law
Notices
Amendment
Severability
Entire Agreement
Assignment
Third Party Rights
Compliance with Laws
Anti-Money Laundering
Foreign Investment Compliance
Commercial Registration
Partner Representations
Islamic Finance Compliance
Environmental Compliance
Insurance
Indemnification
Good Faith
Professional Services
Construction and Real Estate
Trading and Import/Export
Manufacturing
Technology and Digital Services
Healthcare Services
Education and Training
Hospitality and Tourism
Consulting Services
Retail and Consumer Goods
Financial Services
Energy and Resources
Legal
Corporate Affairs
Compliance
Finance
Operations
Risk Management
Business Development
Commercial
Strategy
Investment
Chief Executive Officer
Managing Partner
Legal Counsel
Business Development Manager
Chief Financial Officer
Company Secretary
Commercial Director
Risk Manager
Compliance Officer
Operations Manager
Corporate Lawyer
Investment Manager
Partnership Manager
Business Owner
Entrepreneur
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