A partnership agreement is also known as a partnership deed that legally defines rights and duties of all partners in the partnership business and contains information about the partnership business also. It clearly states what contribution is made by each partner and what will be given as profit to each partner. A partnership agreement is of greater importance for dealing with future disputes of partners so it must be drafted using legal terms and detailed information. Here we present a partnership agreement template in MS Word 2007. All its contents are editable. You can change its text and use this partnership agreement template as your own.
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