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General Partnership Agreements


9. Common Terms of Agreement
Many agreements follow the following pattern.
  1. Identity of the parties
  2. Addresses of the parties
  3. Purpose of the agreement
  4. Agreement terms
    • In general
    • Duties and rights of each party
    • Relevant dates
    • Relevant prices
    • Relevant quantities
    • Payment terms
    • Late fees
  5. Warranties and disclaimers
  6. Damages
  7. Confidentiality provision
  8. Arbitration clause
  9. Governing law
  10. Signatures of authorized signatories
 
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