Partnership Agreement (Long Form). A partnership agreement is a document that formalizes the partnership of two or more people (not a husband and wife) in their ownership of a for-profit business. The Partnership Agreement – Long Form differs from the Short Form because it includes additional provisions governing termination, buyout of a partner and other subjects.

This packet includes:
(1) Instructions and Checklist for the Partnership Agreement
(2) Information about the Partnership Agreement
(3) Partnership Agreement (Long Form).

State Law Compliance: Designed for use in Arizona

Among others, this form includes the following provisions:
Name of Business
Principal Place of Business
Term
Capital Contribution
Profits and Losses
Management
Transfer of Partnership Interests and Rights
Termination of Partnership
Buyout
Cumulative rights