A limited partnership business agreement template is a legal article which outlines the blueprint of a limited partnership agreement with another firm. The rules and regulations remain the same for this except for the fact that limited partners have no right to management and are bound by limited liability. Thus the document should specify the business conditions elaborately.
Sample Printable Limited Partnership Business Agreement Template
This limited partnership business agreement is determined in the presence of:
1. ____________ [Name the company]
_________ [Provide respective addresses
2. ____________ [Name the partner]
_________ and contacts]
on _________ [State the date of signing the bond] which will be effective from _________ [State the date of commencement] till __________ [State the date of termination].
Purpose: [Elucidate the activities and rights granted through this agreement]
Agreed Liability Limitation: [Enumerate the liabilities with regard to authority and entitlement to profits]
Signature: [Provide signatures of the company, business partner and advocate]