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Partnership Articles Of Association
"I need Partnership Articles of Association for a new technology consulting firm in Singapore with three equal partners, where we want to include specific provisions for intellectual property rights and international client work."
1. Parties: Details of all partners entering into the partnership
2. Background: Context and purpose of forming the partnership
3. Definitions: Key terms used throughout the articles
4. Partnership Name and Business: Official name and nature of business
5. Capital Contributions: Initial and ongoing capital requirements
6. Profit and Loss Sharing: Distribution of profits and allocation of losses
7. Management Structure: Governance and decision-making processes
8. Partner Rights and Obligations: Duties and responsibilities of partners
9. Duration and Termination: Term of partnership and dissolution procedures
1. Non-Competition: Restrictions on competing activities during and after partnership
2. Intellectual Property Rights: Ownership and use of IP in the partnership
3. International Operations: Rules and procedures for overseas business operations
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial contribution
2. Schedule 2: Profit Sharing Ratios: Specific percentages for profit distribution
3. Schedule 3: Management Responsibilities: Detailed roles and responsibilities of managing partners
4. Appendix A: Business Plan: Initial business plan and strategy
5. Appendix B: Partner Details: Complete information about each partner including contact details
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