The 50-50 Partnership Agreement under Swiss law is essential for parties seeking to establish an equal partnership venture in Switzerland. This document is particularly relevant when two parties wish to formalize their business relationship with equal rights, responsibilities, and profit-sharing arrangements. The agreement must comply with the Swiss Code of Obligations and includes detailed provisions for capital contributions, management structure, profit distribution, and partner obligations. It's commonly used when establishing new businesses, professional practices, or joint ventures where partners want equal control and financial participation. The document serves as both a regulatory compliance tool and a roadmap for partnership operations, addressing key aspects such as decision-making processes, dispute resolution, and exit strategies.
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1. Parties: Identification and details of both partners entering into the 50-50 partnership
2. Background: Context of the partnership formation and partners' intentions
3. Definitions: Key terms used throughout the agreement
4. Partnership Formation and Purpose: Legal establishment of the partnership and its business objectives
5. Capital Contributions: Details of initial and any agreed future capital contributions from each partner
6. Profit and Loss Sharing: Equal (50-50) distribution mechanism for profits and losses
7. Management and Decision Making: Partnership governance structure and decision-making processes
8. Partners' Rights and Obligations: Detailed responsibilities and rights of each partner
9. Banking and Financial Records: Financial management procedures and record-keeping requirements
10. Partner Drawings: Rules governing partners' withdrawal of funds
11. Transfer of Partnership Interest: Restrictions and procedures for transferring partnership interests
12. Termination and Dissolution: Conditions and procedures for ending the partnership
13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
14. Miscellaneous Provisions: Standard legal provisions including notices, amendments, and severability
1. Intellectual Property Rights: Required when the partnership will develop or use significant IP assets
2. Non-Competition and Confidentiality: Recommended when partners have access to sensitive business information
3. Insurance Requirements: Needed when specific insurance coverage is essential for the business
4. Dispute Resolution: Optional alternative dispute resolution procedures beyond court jurisdiction
5. Death or Incapacity: Specific provisions for continuation or dissolution in case of partner death/incapacity
6. Additional Capital Contributions: Procedures for requesting and making additional capital contributions if needed
1. Schedule A - Initial Capital Contributions: Detailed list of each partner's initial capital contributions, including valuations
2. Schedule B - Business Plan: Initial business plan and strategic objectives of the partnership
3. Schedule C - Partner Contact Details: Complete contact information for both partners
4. Schedule D - Banking Arrangements: Details of partnership bank accounts and authorized signatories
5. Schedule E - Accounting Policies: Agreed accounting principles and procedures
6. Appendix 1 - Partnership Registration Documents: Copies of official registration documents and certificates
7. Appendix 2 - Asset Register: Inventory of partnership assets and their agreed values
Authors
Relevant legal definitions
Clauses
Relevant Industries
Professional Services
Consulting
Retail
Manufacturing
Technology
Real Estate
Healthcare
Construction
Hospitality
Financial Services
Creative Industries
Agriculture
Trading
Education
Relevant Teams
Legal
Corporate Affairs
Finance
Business Development
Operations
Commercial
Risk Management
Compliance
Corporate Governance
Strategy
Relevant Roles
Business Owner
Managing Partner
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Business Development Manager
Entrepreneur
Professional Practitioner
Company Director
General Manager
Commercial Manager
Operations Director
Finance Director
Corporate Lawyer
Business Consultant
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