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    Ontario Partnership Agreement

    $29.99

    Set up a general partnership in Ontario with this downloadable Partnership Agreement template.

    The Partnership Agreement contains provisions for:
    • Admission of new partners.
    • Allocation of profits and losses, and income and losses for income tax purposes, among the partners in proportion to their respective interests.
    • If partnership earnings are not sufficient to pay its debts and liabilities, the partners will make up the difference in proportion to their respective interests.
    • If any partner is required to pay more than its share due to default on the part of another partner, the first partner will have a lien and charge against the income account of the defaulting partner.
    • Management of the business of the partnership by a managing committee.
    • Withdrawal of a partner.
    The Ontario General Partnership Agreement template can be easily customized to fit your particular circumstances.
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 3309