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50 50 Partnership Agreement for the Netherlands

50 50 Partnership Agreement Template for Netherlands

A comprehensive legal agreement governed by Dutch law that establishes and regulates a partnership where two parties agree to share ownership, control, profits, and losses equally (50-50). This agreement sets out the fundamental terms of the partnership, including capital contributions, management rights, decision-making processes, profit sharing, and dispute resolution mechanisms. It complies with the Dutch Civil Code (Burgerlijk Wetboek) requirements and includes provisions for partnership formation, operation, and potential dissolution, while ensuring equal rights and responsibilities for both partners.

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What is a 50 50 Partnership Agreement?

The 50-50 Partnership Agreement is essential for parties seeking to establish an equal partnership under Dutch law. This document is particularly suited for situations where two parties wish to formalize a business relationship with completely equal rights, responsibilities, and financial interests. It provides a comprehensive framework for partnership governance, compliant with the Dutch Civil Code and relevant business regulations. The agreement typically includes detailed provisions for capital contributions, profit-sharing, management rights, decision-making processes, and dispute resolution mechanisms. It's commonly used by entrepreneurs, professionals, and business owners who want to ensure a clear and legally sound foundation for their equal partnership, protecting both parties' interests while maintaining operational efficiency.

What sections should be included in a 50 50 Partnership Agreement?

1. Parties: Identification and details of both partners entering into the 50-50 partnership

2. Background: Context of the partnership formation and partners' intention to establish an equal partnership

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Formation: Declaration of partnership formation, effective date, and business purpose

5. Capital Contributions: Details of initial and any agreed future capital contributions from each partner

6. Profit and Loss Sharing: Equal (50-50) distribution mechanism for profits and losses

7. Management and Decision Making: Partnership management structure and decision-making processes, including voting rights

8. Partners' Rights and Obligations: Detailed description of partners' rights, duties, and responsibilities

9. Banking and Financial Records: Banking arrangements and requirements for maintaining financial records

10. Partnership Property: Treatment and ownership of partnership assets and intellectual property

11. Term and Termination: Duration of partnership and conditions for termination

12. Death or Incapacity: Procedures in case of death or incapacity of a partner

13. Dispute Resolution: Process for resolving disputes between partners

14. Governing Law: Specification of Dutch law as governing law and jurisdiction

15. General Provisions: Standard clauses including notices, amendments, and severability

What sections are optional to include in a 50 50 Partnership Agreement?

1. Non-Competition: Restrictions on partners engaging in competing businesses, include when partners have other business interests

2. Intellectual Property Rights: Detailed IP provisions, include when the partnership involves significant IP assets

3. Insurance: Requirements for business insurance, include when the business has significant risks or regulatory requirements

4. Employee Management: Procedures for hiring and managing employees, include when the partnership plans to have employees

5. International Operations: Provisions for international business activities, include when operating across borders

6. Confidentiality: Detailed confidentiality obligations, include when dealing with sensitive information or trade secrets

7. Partner Retirement: Procedures for partner retirement and succession, include when partners are near retirement age

8. Additional Capital Calls: Procedures for requesting additional capital, include when business may need future funding

What schedules should be included in a 50 50 Partnership Agreement?

1. Schedule 1: Initial Capital Contributions: Detailed list of each partner's initial capital contributions, including valuations

2. Schedule 2: Business Plan: Initial business plan and strategy for the partnership

3. Schedule 3: Asset Register: Comprehensive list of partnership assets and their ownership status

4. Schedule 4: Intellectual Property Register: List of all IP owned by or licensed to the partnership

5. Schedule 5: Partner Contact Details: Contact information and addresses for official notices

6. Appendix A: Banking Mandate: Banking arrangements and authorized signatories

7. Appendix B: Accounting Policies: Agreed accounting principles and practices

8. Appendix C: Management Procedures: Detailed operational and management procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Netherlands

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions



















































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Relevant Industries

Professional Services

Consulting

Technology

Retail

Manufacturing

Healthcare

Real Estate

Construction

Creative Industries

Financial Services

Agriculture

Hospitality

E-commerce

Education

Environmental Services

Relevant Teams

Legal

Corporate Affairs

Finance

Business Development

Operations

Executive Leadership

Commercial

Risk Management

Compliance

Strategy

Relevant Roles

Business Owner

Managing Partner

CEO

Entrepreneur

Legal Counsel

Corporate Lawyer

Business Development Manager

Finance Director

Managing Director

Operations Manager

Professional Partner

Startup Founder

General Counsel

Commercial Director

Chief Financial Officer

Company Secretary

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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