Limited liability partnership agreement

United Kingdom

Updated: Apr 01, 2021

33 clauses


Zermina Siraj Ul Haq

Verified user

Zermina Siraj Ul Haq

Halcyon & Partners LLP

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Key description

  • The document provides for statutory requirements as well as all usual inter-partner issues. It also provides additional terms covering how a modern day business operates. Use it not only to protect legal rights but also to set out how you want your partnership to work.

Language

Categories

Industries

Covered clauses

General

  • Definitions

  • Interpretation

  • Entire Agreement

  • Partnership Business, Name and Location

  • Designated Partners

  • Partnership Shares

  • Partnership Capital

  • Profits and Drawings

  • Partnership Property

  • Loans To The Partnership

  • Banking Arrangements

  • Records and Accounts

  • The Managing Partner

  • Meetings and Voting

  • Holidays

  • Partnership Policies

  • Good Faith

  • Restrictions on Partners

  • Intellectual Property

  • New IP

  • Intellectual Property: Derived Products

  • Confidential Information

  • Confidentiality of Personal Information

  • Partners' Work Belongs to The Partnership

  • Expulsion

  • Termination of The Partnership

  • After Termination

  • No Competition

  • Indemnity For Partnership

  • Publicity / Announcements

  • Damages Not Adeuate

  • Counterparts

  • Miscellaneous Matters


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