50 50 Business Partnership Contract Generator for United States

1. Death or Incapacity: Procedures in case of death or incapacity of a partner, including succession rights

2. Insurance Requirements: Required insurance coverage for the business and partners

3. Intellectual Property Rights: Detailed provisions for IP ownership and licensing if the business is IP-intensive

4. Employee Management: Procedures for hiring, managing, and terminating employees if the partnership will have employees

5. Additional Capital Contributions: Process for making and approving additional capital contributions beyond initial investments

6. Partner Compensation: Specific provisions for partner salaries or draws if different from profit sharing

7. Third Party Relationships: Guidelines for dealing with vendors, clients, and other external parties

8. Ethical Standards: Specific ethical guidelines and compliance requirements for the business

9. Environmental Compliance: Environmental responsibilities if the business has environmental impact

10. Technology Usage: Policies regarding use of technology and digital assets

1. Schedule A - Initial Capital Contributions: Detailed list of each partner's initial capital contributions, including valuations

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

3. Schedule C - Asset Register: Comprehensive list of partnership assets and their ownership status

4. Schedule D - Intellectual Property: List of owned and licensed intellectual property

5. Schedule E - Partner Contact Details: Complete contact information and addresses for official notices

6. Appendix 1 - Banking Arrangements: Details of partnership bank accounts and authorized signatories

7. Appendix 2 - Accounting Policies: Agreed accounting principles and procedures

8. Appendix 3 - Decision Matrix: Classification of decisions requiring unanimous consent vs. routine decisions