Products tagged with 'ontario partnership form'
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Ontario Partnership Agreement with Special Unit Provisions
Prepare a Partnership Agreement for an Ontario partnership with this template, which provides for a special partnership unit to be issued for assets vended in.
- Ordinary partnership units are issued to the partners in accordance with their financial contributions, and a special unit is issued to one partner which has vended in certain assets to be used by the partnership business.
- The holder of the special unit will be allocated profits (or losses) in addition to those allocated among the ordinary units.
- Partnership units of a withdrawing partner will be distributed among the remaining partners pro rata their holdings, except for the special unit, which will be redeemed in exchange for a promissory note.
- This legal contract template is available as a fully editable and customizable MS Word document.
- Intended for use only in the Province of Ontario, Canada.
$29.99
Ontario Joint Venture Agreement
Establish a joint venture in Ontario with this template Joint Venture Agreement.
- One of the co-venturers will be responsible for management of the joint venture, and will be paid a management fee for providing such services.
- No co-venturer may transfer their interest without the consent of the other venturers, except if he/she dies, when their interest will automatically pass to their spouse or children.
- Each co-venturer has a right of first refusal and piggyback rights on the interest of the other parties, in the event of a sale or transfer.
- Any co-venturer may exercise a shot-gun (buy-sell) provision with respect to the interest of another co-venturer.
- This legal form is available as a downloadable Microsoft Word file which is fully editable to meet your needs.
- Intended for use in the Province of Ontario, Canada.
$29.99
Ontario Partnership Agreement
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.
- Available in MS Word format.
- Intended for use only in the Province of Ontario, Canada.
$29.99
Ontario Partnership Dissolution Agreement
Wind up an Ontario general partnership with this Partnership Dissolution Agreement.
- The remaining partner buys out the interest of the resigning partner and assumes the partnership debts and obligations, in order to continue carrying on business.
- The partners will post an advertisement in The Ontario Gazette to notify interested parties of the dissolution.
- This legal template is provided in MS Word format and is fully editable to fit your particular circumstances.
- Intended for use only in the Province of Ontario, Canada.
$6.50