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Partnership Agreement to dissolve on death or insolvency

Easily write up a Partnership Agreement with this template, which provides for automatic dissolution of the partnership upon the death, insolvency or mental incapacity of one of the partners. Other provisions of the Agreement include:

  • Decisions must be made by a majority of ownership.
  • Any partner can dissolve the partnership by giving written notice to the others.
  • The partners agree to resolve disputes through arbitration.
  • There are no provisions for the sale or disposition of the partnership interest of any partner, so partners cannot withdraw.

This is a generic legal agreement in MS Word format, and is fully editable to fit your specific circumstances.





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