No partner shall transfer interest in the partnership to any other party without the written consent of the remaining partner s | Should there be differences between the partners concerning ordinary business matters, a decision shall be made by unanimous vote |
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The partners shall provide their full-time services and best efforts on behalf of the partnership |
The profits and losses of the partnership shall be divided by the partners according to a mutually agreeable schedule and at the end of each calendar year according to the proportions listed above.
18Any disputes arising between the partners as a result of this Agreement shall be settled by arbitration in accordance with the rules of the American Arbitration Association and judgment upon the award rendered may be entered in any court having jurisdiction thereof | The partners listed above hereby agree that they shall be considered partners in business for the following purpose: … … 2 |
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Each partner shall have equal rights to manage and control the partnership and its business | The partnership shall be conducted under the name of … and shall maintain offices at [STREET ADDRESS], [CITY, STATE, ZIP] |
In the event a partner withdraws or retires from the partnership for any reason, including death, the remaining partners may continue to operate the partnership using the same name.