tiktok成人版

Salaried Partnership Agreement for United Arab Emirates

Salaried Partnership Agreement Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that establishes the terms and conditions for appointing a salaried partner within a partnership structure. This document combines elements of both partnership and employment law, complying with UAE Federal Law No. 32 of 2021 (Commercial Companies Law) and UAE Federal Decree-Law No. 33 of 2021 (Labor Law). It defines the rights, responsibilities, remuneration, and obligations of the salaried partner while establishing their position within the partnership's governance structure, without granting them full equity partnership status.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Salaried Partnership Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Salaried Partnership Agreement?

The Salaried Partnership Agreement is a specialized legal instrument used when a professional services firm or partnership wants to elevate a senior professional to partner status while maintaining specific employment-based arrangements. This document is particularly relevant in the UAE context, where it must comply with both partnership regulations under the Commercial Companies Law and employment provisions under the Labor Law. It typically includes detailed terms about remuneration, profit sharing (if applicable), voting rights, responsibilities, and partnership governance, while maintaining the distinction from equity partnership. The agreement is commonly used in professional services firms operating in the UAE mainland or free zones, where a tiered partnership structure is desired. It serves as a stepping stone between senior employment and full equity partnership, providing a framework for career progression while managing risk and reward.

What sections should be included in a Salaried Partnership Agreement?

1. Parties: Identification of all parties to the agreement, including the partnership entity and the salaried partner

2. Background: Context of the agreement, including the partnership's business and the purpose of bringing in the salaried partner

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Appointment and Term: Terms of appointment as salaried partner, including commencement date and duration

5. Status and Duties: Role, responsibilities, and scope of authority of the salaried partner

6. Remuneration and Benefits: Salary, profit share (if any), benefits, and payment terms in compliance with UAE Labor Law

7. Working Hours and Leave: Standard working hours, leave entitlements, and holiday provisions

8. Obligations of the Salaried Partner: Key duties, responsibilities, and performance expectations

9. Partnership Governance: Decision-making processes, voting rights, and management participation

10. Confidentiality: Protection of partnership's confidential information and trade secrets

11. Intellectual Property: Ownership and rights related to IP created during the partnership

12. Non-Competition and Non-Solicitation: Restrictions on competitive activities and client/employee solicitation

13. Termination: Grounds and procedures for termination of the agreement

14. Post-Termination Obligations: Continuing obligations after termination

15. General Provisions: Standard legal clauses including notices, amendments, governing law, etc.

What sections are optional to include in a Salaried Partnership Agreement?

1. International Travel: Include when role requires significant international travel, specifying terms and compensation

2. Performance Targets: Include when remuneration is linked to specific performance metrics or KPIs

3. Client Portfolio Management: Include for partners responsible for specific client relationships

4. Training and Development: Include when specific professional development requirements exist

5. Equity Partnership Track: Include when there's a potential path to equity partnership

6. Sabbatical Leave: Include if the partnership offers sabbatical options

7. Secondment Provisions: Include if partner may be seconded to other offices or affiliated entities

8. Islamic Finance Compliance: Include for partnerships operating under Islamic banking principles

What schedules should be included in a Salaried Partnership Agreement?

1. Schedule 1 - Remuneration Package: Detailed breakdown of salary, benefits, and any variable compensation

2. Schedule 2 - Job Description: Detailed description of roles, responsibilities, and reporting lines

3. Schedule 3 - Benefits and Allowances: Complete list of benefits including healthcare, housing, transport allowances

4. Schedule 4 - Performance Metrics: Specific KPIs and performance evaluation criteria

5. Schedule 5 - Partnership Policies: Key internal policies and procedures applicable to salaried partners

6. Schedule 6 - Restricted Clients: List of clients covered by non-solicitation provisions

7. Appendix A - Power of Attorney: If applicable, specific powers granted to the salaried partner

8. Appendix B - Compliance Requirements: Specific regulatory and compliance obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Cost

Free to use
Relevant legal definitions














































Clauses
















































Relevant Industries

Legal Services

Accounting and Audit

Management Consulting

Architecture and Design

Medical Practices

Financial Services

Engineering Consultancy

Real Estate Advisory

Investment Banking

Tax Advisory

Business Advisory

Professional Services

Relevant Teams

Legal

Human Resources

Partnership Governance

Executive Committee

Board Secretariat

Compliance

Finance

Professional Development

Partner Relations

Risk Management

Relevant Roles

Senior Associate

Director

Senior Manager

Principal

Managing Consultant

Senior Consultant

Department Head

Practice Leader

Senior Attorney

Senior Architect

Lead Engineer

Senior Medical Practitioner

Executive Director

Associate Partner

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Salon Business Partnership Agreement

UAE-governed partnership agreement for salon business operations, outlining partner rights, responsibilities, and regulatory compliance requirements.

find out more

Rent Agreement For Partnership Firm

UAE-compliant commercial lease agreement for partnership firms, incorporating federal and emirate-specific rental regulations.

find out more

Partnership Deed For Real Estate Business

A UAE-governed partnership agreement establishing the framework for joint real estate business operations, detailing partner rights, obligations, and operational procedures.

find out more

Salaried Partnership Agreement

UAE-governed agreement establishing terms for a salaried partner's appointment, combining partnership and employment elements under UAE federal laws.

find out more

Reseller Agreement For Software Products

UAE-governed agreement authorizing a reseller to distribute and sell specified software products, including territorial rights and commercial terms.

find out more

Real Estate Agent Partnership Agreement

UAE-governed agreement establishing partnership terms between real estate agents, including commission structures, responsibilities, and regulatory compliance.

find out more

Partnership Deed For Hotel Business

UAE-governed partnership agreement establishing the framework for joint hotel business operations, including partner rights, management structure, and regulatory compliance.

find out more

Original Partnership Deed

A legally binding agreement under UAE law that establishes and governs a business partnership, defining partners' rights, responsibilities, and business operations.

find out more

Letter Of Intent Business Collaboration

A preliminary document under UAE law outlining the framework and key terms for intended business collaboration between parties, serving as a precursor to a definitive agreement.

find out more

Deed Of Partnership Between Two Partners

A UAE-law governed partnership agreement establishing terms, conditions, and operational framework for a two-party business partnership.

find out more

Business Alliance Agreement

A UAE-governed agreement establishing a strategic business partnership between entities, outlining collaboration terms and compliance with local commercial laws.

find out more

Brand Partnership Contract

UAE-governed agreement establishing terms and conditions for brand partnerships, including usage rights and commercial obligations.

find out more

Accounting Firm Partnership Agreement

UAE-governed partnership agreement establishing the legal and operational framework for an accounting firm partnership, compliant with UAE Federal Laws.

find out more

Distributorship Contract

UAE-governed agreement establishing terms for product distribution between supplier and distributor, including territorial rights and compliance with local laws.

find out more

Business Partnership Percentage Agreement

UAE-governed agreement establishing partnership terms, ownership percentages, and profit-sharing arrangements between business partners.

find out more

Software Company Partnership Agreement

UAE-governed agreement establishing partnership terms between software companies, addressing operational, technical, and compliance requirements under UAE law.

find out more

Construction Company Partnership Agreement

UAE-governed agreement establishing a partnership between construction companies, defining operational terms and compliance with local partnership laws.

find out more

Limited Liability Partnership Contract

UAE Limited Liability Partnership Contract establishing a regulated partnership structure under UAE law, defining partner relationships and business operations.

find out more

Land Partnership Agreement

UAE-governed agreement establishing partnership arrangements for land ownership, development, or management, compliant with federal and emirate-specific property laws.

find out more

Authorized Reseller Agreement

UAE-governed agreement establishing and regulating the relationship between a supplier and authorized reseller for product distribution in specified territories.

find out more

Joint Venture Proposal

A UAE-compliant joint venture proposal document outlining the framework and terms for a proposed business partnership under UAE law.

find out more

Short Partnership Agreement

UAE-compliant partnership agreement establishing core terms and conditions for business partnerships under UAE Commercial Companies Law.

find out more

Software Distributor Agreement

UAE-governed agreement establishing terms for software distribution rights, including territorial scope, IP protection, and compliance with local commercial agency laws.

find out more

Social Media Partnership Agreement

UAE-governed agreement establishing terms and conditions for social media partnerships, ensuring compliance with local regulations and cultural requirements.

find out more

Partnership Deed

A UAE law-governed agreement establishing a formal business partnership, defining partners' rights, obligations, and operational framework under UAE Commercial Companies Law.

find out more

Silent Partner Contract

UAE-governed agreement establishing a partnership between an active business operator and a silent investor, defining capital contribution, profit sharing, and management rights.

find out more

Partnership Agreement For Restaurant Business

UAE-governed partnership agreement for establishing and operating a restaurant business, covering capital, operations, and regulatory compliance.

find out more

Limited Company Partnership Agreement

UAE-governed partnership agreement establishing and regulating a limited liability company structure between partners under UAE Commercial Companies Law.

find out more

Limited Partnership Contract

UAE Limited Partnership Contract establishing partnership between general partners with unlimited liability and limited partners with restricted liability, governed by UAE Commercial Companies Law.

find out more

Collaboration Partnership Agreement

A UAE law-governed agreement establishing terms and conditions for a collaborative partnership between multiple parties, ensuring compliance with UAE Commercial Companies Law.

find out more

Venture Partner Agreement

UAE-governed agreement defining the relationship between a venture capital firm and venture partner, including roles, compensation, and operational terms.

find out more

Temporary Partnership Agreement

UAE-governed agreement establishing a temporary business partnership between parties for a specific project or limited duration, compliant with UAE Commercial Companies Law.

find out more

Technology Partnership Agreement

UAE-governed agreement establishing terms and conditions for technology partnerships, including IP rights, licensing, and operational procedures.

find out more

Technical Partnership Agreement

A UAE-governed agreement establishing technical partnership terms, including collaboration scope, IP rights, and operational procedures between technical partners.

find out more

Startup Partnership Agreement

UAE-governed agreement establishing partnership terms, rights, and obligations for startup ventures, aligned with UAE Commercial Companies Law.

find out more

Software Partner Agreement

UAE-governed agreement establishing terms between software providers and their business partners for software distribution and implementation services.

find out more

Shareholders Agreement Joint Venture

UAE-governed shareholders agreement establishing and regulating a joint venture company, addressing ownership, management, and operational framework under UAE law.

find out more

Service Partner Agreement

UAE-governed agreement establishing terms and conditions between a service provider and client for professional service delivery.

find out more

Simple Partnership Dissolution Agreement

UAE-governed agreement that formally dissolves a partnership, outlining asset distribution and liability settlement in compliance with UAE commercial law.

find out more

Revenue Share Partnership Agreement

UAE-governed agreement establishing terms for revenue sharing partnerships between parties, including calculation methods and payment terms.

find out more
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it