The Joint Partnership Agreement is a crucial legal document used when two or more parties wish to establish a formal business partnership in South Africa. It serves as the cornerstone document defining the partnership's structure, operations, and governance framework. This agreement is particularly relevant when parties intend to combine their resources, expertise, and efforts to conduct business together while sharing profits and losses. The document must comply with South African partnership law principles, derived from Roman-Dutch common law and modified by modern statutory requirements. It includes essential provisions for capital contributions, profit sharing, management rights, partner obligations, and dispute resolution mechanisms. The agreement is commonly used across various sectors, from professional services to manufacturing, and can accommodate both local and international partnerships operating within South African jurisdiction.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification and details of all partners entering into the agreement
2. Background: Context of the partnership formation and partners' intention to establish a joint partnership
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpretation
4. Partnership Formation: Declaration of partnership formation, effective date, and business purpose
5. Duration of Partnership: Term of the partnership, including commencement date and conditions for continuation or termination
6. Capital Contributions: Details of initial and ongoing capital contributions from each partner
7. Profit and Loss Sharing: Formula and mechanism for sharing profits and losses between partners
8. Management and Control: Management structure, decision-making processes, and voting rights
9. Partners' Duties and Obligations: Key responsibilities, commitments, and obligations of each partner
10. Banking and Financial Management: Banking arrangements, financial controls, and accounting procedures
11. Partner Meetings: Procedures for regular and special partner meetings, including voting and quorum requirements
12. Records and Accounts: Requirements for maintaining partnership records and financial accounts
13. Admission of New Partners: Process and conditions for admitting new partners to the partnership
14. Withdrawal and Retirement: Procedures for partner withdrawal or retirement from the partnership
15. Dissolution and Termination: Circumstances and procedures for partnership dissolution and asset distribution
16. Governing Law: Specification of South African law as governing law and jurisdiction
17. Dispute Resolution: Procedures for resolving disputes between partners
1. Intellectual Property Rights: Include when the partnership will create, use, or manage intellectual property
2. Non-Competition: Include when partners need to be restricted from competing activities
3. Confidentiality: Include when partners will handle sensitive business information
4. Insurance: Include when specific insurance requirements need to be maintained
5. B-BBEE Compliance: Include when partnership needs to address B-BBEE requirements
6. External Financing: Include when partnership anticipates seeking external funding
7. Property Ownership: Include when partnership will own or lease significant property assets
8. Employee Management: Include when partnership will have employees
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule 2: Profit Sharing Ratios: Detailed formula and calculations for profit and loss distribution
3. Schedule 3: Partner Details: Complete contact and identification details of all partners
4. Schedule 4: Business Plan: Initial business plan and strategic objectives of the partnership
5. Schedule 5: Partnership Assets: Inventory of partnership assets and their agreed values
6. Appendix A: Management Procedures: Detailed procedures for day-to-day management and decision-making
7. Appendix B: Banking Mandates: Banking arrangements and signatory requirements
8. Appendix C: Accounting Policies: Detailed accounting policies and procedures to be followed
Find the exact document you need
Notarial Partnership Agreement
A notarially executed partnership agreement under South African law establishing and regulating a formal partnership structure with comprehensive partner rights and obligations.
Download
Software Channel Partner Agreement
South African-governed agreement establishing terms between software vendors and channel partners for software distribution and resale, compliant with local legislation.
Download
Boat Partnership Contract
A comprehensive agreement governing shared boat ownership and operation between multiple parties under South African maritime law.
Download
Partnership Agreement Proposal
A South African law-compliant proposal document outlining terms and conditions for establishing a business partnership, including essential partnership elements and regulatory requirements.
Download
Medical Practice Partnership Agreement
A South African law-governed agreement establishing a partnership between medical practitioners for operating a medical practice, ensuring compliance with healthcare regulations and HPCSA guidelines.
Download
Domestic Partner Agreement
A South African legal agreement establishing rights and obligations between domestic partners living together in an unmarried relationship.
Download
Budget Partnership Agreement
A South African law-governed agreement establishing financial collaboration framework between public sector entities and/or partners, detailing budget allocations and governance structures.
Download
Contract For LLC Partnership
South African LLC Partnership agreement establishing partner rights, responsibilities, and operational framework under SA law.
Download
Co Founder Partnership Agreement
A South African law-governed agreement establishing partnership terms and conditions between business co-founders.
Download
Construction Company Partnership Agreement
A South African law-governed agreement establishing a partnership between construction companies, defining their rights, obligations, and operational framework.
Download
Partnership Agreement For Restaurant Business
A South African law-governed agreement establishing a partnership structure for operating a restaurant business, defining partner responsibilities and business operations.
Download
Limited Partnership Contract
A South African law-governed agreement establishing a limited partnership structure, defining partner relationships, contributions, and management rights.
Download
Buy Sell Agreement Between Business Partners
A South African law-governed agreement establishing terms for buying and selling business ownership interests between partners.
Download
Venture Partner Agreement
A South African law-governed agreement establishing the terms and conditions between a venture capital firm and a venture partner, including roles, compensation, and investment responsibilities.
Download
Temporary Partnership Agreement
A South African law-compliant agreement establishing a temporary partnership arrangement for a specific period or project, defining key partnership terms and dissolution procedures.
Download
Technology Partnership Agreement
A South African law-governed agreement establishing terms and conditions for technology-related partnerships, ensuring compliance with local regulations including POPIA and B-BBEE requirements.
Download
Technical Partnership Agreement
A South African law-governed agreement establishing technical partnership terms, including IP rights, technical responsibilities, and collaboration framework.
Download
Startup Partnership Agreement
A South African law-governed agreement establishing the terms and conditions between startup partners, including operational, financial, and management arrangements.
Download
Software Partnership Agreement
A South African law-governed agreement establishing partnership terms for software development and commercialization between multiple parties.
Download
Sponsorship Partnership Agreement
A South African law-governed agreement establishing terms and conditions for sponsorship partnerships, including rights, obligations, and financial commitments between sponsors and rights holders.
Download
Shareholders Agreement Joint Venture
South African shareholders agreement establishing and regulating a joint venture relationship between multiple parties, governed by South African law.
Download
Service Partner Agreement
South African-law governed agreement establishing terms and conditions between a principal company and its service partner for the provision of specified services.
Download
Revenue Share Partnership Agreement
A South African law-governed agreement establishing terms for revenue sharing partnerships, including financial arrangements and operational responsibilities.
Download
Secret Partner Agreement
A South African law-governed agreement establishing a partnership where one partner's identity remains confidential, detailing rights, obligations, and confidentiality protocols.
Download
Sales Cooperation Agreement
A South African law-governed agreement establishing terms for collaborative sales activities between parties, including territory rights, commissions, and performance requirements.
Download
Salaried Partner Agreement
A South African law-governed agreement establishing the terms for a salaried partner's dual role as employee and partner in a professional firm.
Download
Real Estate Limited Partnership Agreement
A South African law-governed agreement establishing a limited partnership structure for real estate investments, defining partner relationships and operational parameters.
Download
Real Estate Joint Venture Agreement
A South African law-governed agreement establishing a joint venture for real estate investment, development, or management purposes.
Download
Property Partnership Agreement
A South African law-governed agreement establishing a partnership for property ownership, management, or development, detailing partners' rights, responsibilities, and profit-sharing arrangements.
Download
Profit Sharing Ratio Partnership Agreement
A South African law-governed agreement establishing partnership terms and profit-sharing arrangements between partners.
Download
Preliminary Partnership Agreement
A preliminary agreement framework for establishing partnerships under South African law, outlining initial terms and conditions while protecting parties during partnership formation.
Download
Preferred Partnership Agreement
A South African legal document establishing a preferential partnership between parties, defining special rights and obligations while ensuring compliance with local laws.
Download
Preferred Partner Agreement
A South African law-governed agreement establishing a preferred partnership relationship between businesses, defining mutual benefits, obligations, and commercial terms.
Download
Pre Partnership Agreement
A South African legal document establishing terms and conditions for parties exploring a potential business partnership, governing the pre-partnership evaluation phase.
Download
Partnership Agreement Profit Sharing
South African partnership agreement detailing profit-sharing arrangements and partnership governance under local law.
Download
Nonprofit Partnership Agreement
A South African law-governed agreement establishing partnership terms between nonprofit organizations, including collaboration framework and compliance requirements.
Download
Non Equity Partner Agreement
South African agreement establishing terms and conditions for non-equity partners in professional firms, including rights, responsibilities, and compensation structure.
Download
Media Partner Agreement
A South African law-governed agreement establishing terms and conditions for media partnerships, including content sharing, distribution rights, and regulatory compliance.
Download
Managing Partner Agreement
A South African law-governed agreement defining the appointment, powers, and duties of a managing partner within a partnership structure.
Download
Livestock Partnership Agreement
A South African law-governed agreement establishing a partnership for livestock farming operations, including management protocols and partner responsibilities.
Download
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
.png)