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Small Business Partnership Agreement Template for Netherlands

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Key Requirements PROMPT example:

Small Business Partnership Agreement

"I need a Small Business Partnership Agreement for a three-partner technology consulting firm based in Amsterdam, with specific provisions for intellectual property protection and international client services, starting operations in March 2025."

Document background
The Small Business Partnership Agreement is a fundamental legal document used when two or more parties wish to establish a business partnership in the Netherlands. This document is essential for small to medium-sized enterprises operating under Dutch law, particularly those structured as a 'maatschap' or 'vennootschap onder firma' (VOF). It serves to formalize the partnership arrangement, outlining crucial elements such as capital investments, profit-sharing mechanisms, management structures, and partner responsibilities. The agreement ensures compliance with Dutch commercial and civil law requirements while providing a clear framework for business operations and partner relationships. It's particularly important for new business ventures, existing business restructuring, or when formalizing previously informal business partnerships.
Suggested Sections

1. Parties: Identification and details of all partners entering the agreement

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

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

4. Partnership Formation: Details of partnership establishment, business purpose, and commencement date

5. Capital Contributions: Initial and ongoing capital contributions from each partner

6. Profit and Loss Sharing: Agreement on how profits and losses will be distributed among partners

7. Management and Decision Making: Partnership management structure and decision-making processes

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

9. Banking and Financial Records: Management of partnership finances and maintenance of records

10. Meetings and Resolutions: Procedures for partner meetings and decision documentation

11. Restrictive Covenants: Non-compete and confidentiality obligations

12. Duration and Termination: Partnership term and conditions for termination

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

14. Dispute Resolution: Process for resolving disagreements between partners

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

Optional Sections

1. Intellectual Property: Provisions for IP ownership and licensing when the partnership involves creative or technical work

2. Employee Management: Include when the partnership plans to hire employees, covering hiring policies and management

3. International Operations: Required for partnerships conducting business across borders

4. Property and Assets: Detailed section needed when partnership owns significant physical assets

5. Insurance Requirements: Specific insurance obligations when business activities require particular coverage

6. Environmental Compliance: Required for partnerships in industries with environmental impact

7. Data Protection: Detailed GDPR compliance section for partnerships handling significant personal data

8. Partner Retirement: Specific provisions for partner retirement plans and succession

9. Additional Capital Calls: Procedures for requesting additional capital when needed

Suggested Schedules

1. Schedule 1: Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions

2. Schedule 2: Profit Sharing Ratios: Specific percentages or formulas for profit and loss distribution

3. Schedule 3: Partner Contact Details: Complete contact information for all partners

4. Schedule 4: Business Plan: Initial business plan and strategy document

5. Schedule 5: Partnership Assets: Inventory of partnership assets and their agreed values

6. Appendix A: Banking Arrangements: Details of partnership bank accounts and authorized signatories

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

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

9. Appendix D: Partner Responsibilities: Specific roles and responsibilities of each partner

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































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Relevant Industries

Retail

Professional Services

Consulting

Technology

Hospitality

Healthcare

Creative Industries

Construction

Real Estate

Financial Services

Agriculture

Manufacturing

Education and Training

Environmental Services

Import/Export

Relevant Teams

Legal

Finance

Operations

Compliance

Risk Management

Business Development

Strategy

Administrative

Corporate Governance

Executive Leadership

Relevant Roles

Business Owner

Managing Partner

Chief Executive Officer

Legal Counsel

Business Development Manager

Financial Director

Operations Manager

Company Secretary

Risk Manager

Compliance Officer

Partnership Administrator

Small Business Advisor

Entrepreneur

General Manager

Strategic Planning Director

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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