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1. Intellectual Property: Provisions for IP ownership and usage when the partnership involves intellectual property

2. Non-Competition: Restrictions on competing activities, recommended when partners have other business interests

3. Confidentiality: Detailed confidentiality obligations, important for partnerships involving sensitive information

4. Death or Incapacity: Procedures in case of partner death or incapacity, particularly important for small partnerships

5. Insurance: Insurance requirements and obligations, relevant when business activities require specific coverage

6. Dispute Resolution: Alternative dispute resolution procedures, recommended for international partnerships

7. Transfer of Interest: Rules for transferring partnership interests, important for larger or more complex partnerships

1. Schedule 1: Initial Capital Contributions: Detailed list of each partner's initial capital contributions, including valuations

2. Schedule 2: Business Plan: Initial business plan and strategic objectives

3. Schedule 3: Profit Distribution Mechanics: Detailed calculation methods and examples for the 80/20 profit distribution

4. Schedule 4: Management Procedures: Detailed management and operational procedures

5. Schedule 5: Partner Contact Details: Complete contact information for all partners and key representatives

6. Appendix A: Banking Details: Partnership banking arrangements and authorized signatories

7. Appendix B: Accounting Policies: Agreed accounting principles and procedures