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50 50 Partnership Agreement Template for Switzerland

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Key Requirements PROMPT example:

50 50 Partnership Agreement

"I need a 50-50 Partnership Agreement under Swiss law for a tech consulting business between two senior software developers, with specific provisions for intellectual property rights and client confidentiality, intended to be effective from March 1, 2025."

Document background
The 50-50 Partnership Agreement under Swiss law is essential for parties seeking to establish an equal partnership venture in Switzerland. This document is particularly relevant when two parties wish to formalize their business relationship with equal rights, responsibilities, and profit-sharing arrangements. The agreement must comply with the Swiss Code of Obligations and includes detailed provisions for capital contributions, management structure, profit distribution, and partner obligations. It's commonly used when establishing new businesses, professional practices, or joint ventures where partners want equal control and financial participation. The document serves as both a regulatory compliance tool and a roadmap for partnership operations, addressing key aspects such as decision-making processes, dispute resolution, and exit strategies.
Suggested Sections

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

2. Background: Context of the partnership formation and partners' intentions

3. Definitions: Key terms used throughout the agreement

4. Partnership Formation and Purpose: Legal establishment of the partnership and its business objectives

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 governance structure and decision-making processes

8. Partners' Rights and Obligations: Detailed responsibilities and rights of each partner

9. Banking and Financial Records: Financial management procedures and record-keeping requirements

10. Partner Drawings: Rules governing partners' withdrawal of funds

11. Transfer of Partnership Interest: Restrictions and procedures for transferring partnership interests

12. Termination and Dissolution: Conditions and procedures for ending the partnership

13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

14. Miscellaneous Provisions: Standard legal provisions including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Required when the partnership will develop or use significant IP assets

2. Non-Competition and Confidentiality: Recommended when partners have access to sensitive business information

3. Insurance Requirements: Needed when specific insurance coverage is essential for the business

4. Dispute Resolution: Optional alternative dispute resolution procedures beyond court jurisdiction

5. Death or Incapacity: Specific provisions for continuation or dissolution in case of partner death/incapacity

6. Additional Capital Contributions: Procedures for requesting and making additional capital contributions if needed

Suggested Schedules

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

2. Schedule B - Business Plan: Initial business plan and strategic objectives of the partnership

3. Schedule C - Partner Contact Details: Complete contact information for both partners

4. Schedule D - Banking Arrangements: Details of partnership bank accounts and authorized signatories

5. Schedule E - Accounting Policies: Agreed accounting principles and procedures

6. Appendix 1 - Partnership Registration Documents: Copies of official registration documents and certificates

7. Appendix 2 - Asset Register: Inventory of partnership assets and their agreed values

Authors

Alex Denne

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

Relevant legal definitions


































Clauses






























Relevant Industries

Professional Services

Consulting

Retail

Manufacturing

Technology

Real Estate

Healthcare

Construction

Hospitality

Financial Services

Creative Industries

Agriculture

Trading

Education

Relevant Teams

Legal

Corporate Affairs

Finance

Business Development

Operations

Commercial

Risk Management

Compliance

Corporate Governance

Strategy

Relevant Roles

Business Owner

Managing Partner

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Business Development Manager

Entrepreneur

Professional Practitioner

Company Director

General Manager

Commercial Manager

Operations Director

Finance Director

Corporate Lawyer

Business Consultant

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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