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1. Intellectual Property Rights: Used when the partnership owns IP that needs to be distributed or licensed

2. Employee Matters: Include when the partnership has employees who need to be transferred or terminated

3. Tax Matters: Detailed section needed when complex tax implications exist

4. Dispute Resolution: Alternative dispute resolution mechanisms, recommended for high-value partnerships

5. Insurance and Claims: Include when there are ongoing insurance policies or pending claims

6. Partnership Name and Goodwill: Required when the partnership name or brand has significant value

7. Transition Services: Include when partners need to provide post-termination support

1. Schedule 1 - Asset Inventory: Detailed list of all partnership assets and their agreed values

2. Schedule 2 - Distribution Plan: Specific allocation of assets and liabilities to each partner

3. Schedule 3 - Outstanding Liabilities: List of all debts, loans, and payment obligations

4. Schedule 4 - Client List: Complete list of clients and their allocation between partners

5. Schedule 5 - Pending Matters: List of ongoing projects, cases, or transactions requiring resolution

6. Appendix A - Financial Statements: Final partnership accounts and financial position

7. Appendix B - Exit Procedures: Step-by-step process for implementing the termination