Small Business 50 50 Partnership Agreement Template – US

Partnership Agreement Disclaimer

The information provided herein serves solely as a general illustrative example related to partnership arrangements where responsibilities and profits are equally shared between two parties in the United States. It is not intended as legal advice and should not substitute for consultation with a qualified attorney familiar with local laws governing business partnerships. Regulations may vary depending on jurisdiction, and adjustments may be necessary to ensure compliance. The use of this example is the responsibility of the user, and no liability is assumed for errors, omissions, or consequences resulting from its use without professional legal review.

Please note: This is a provisional sample template for a Small Business 50/50 Partnership Agreement in the United States. Actual terms should be tailored to specific circumstances and legal requirements.

Small Business 50/50 Partnership Agreement Sample

Parties Involved:

Partner A: John Doe
Address: 123 Main Street, Anytown, USA

Partner B: Jane Smith
Address: 456 Elm Street, Anytown, USA

Business Description:

The partnership involves jointly operating a small business specializing in retail, located at 789 Business Road, Anytown, USA, with responsibilities shared equally.

Partnership Terms:

Both partners agree to contribute equally to capital, profits, and losses, with each holding a 50% ownership stake in the business.

Partners’ Responsibilities:

Each partner commits to actively participating in management, decision-making, and day-to-day operations, adhering to agreed-upon roles.

Governing Law:

This agreement shall be governed by the laws of the State of California. Disputes shall be resolved within the jurisdiction of the courts located in Anytown, USA.

Additional Provisions:

• Profits and losses shall be divided equally between the partners.
• All major decisions must be made jointly, with both partners providing consent.
• The partnership may be dissolved upon mutual agreement in writing.

Anytown, ______________________