This document is a comprehensive Deed of Partnership template designed for two parties forming a business partnership. It covers essential elements such as the partnership name, term, business location, profit and loss distribution (equally by default), capital contributions, partner salaries, and account maintenance. It also outlines partner responsibilities, restrictions on certain actions, and procedures for introducing new partners, death or retirement of a partner, and dissolution of the partnership. An arbitration clause is included for dispute resolution. This template is useful for individuals in the UK looking to formalise their business partnership agreement.
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