The Partnership Agreement

Strategic business partnerships and joint ventures.

Legal representation for the advancement of your business pursuits.

Neufeld Legal P.C.

 Main    Lawyer    Partnership Agreement    Partnership Buy-out    Partnership Dispute    Email    403-400-4092    416-887-9702


Legal Counsel

Business Partnerships

The Agreement

No Agreement / Generic

Custom Agreement

Primary Components

Partnership Buy-Out

Selling Your Stake

Partner Forced Out

Buying Out Partners

Buying Into Partnership

Partnership Dispute

Partnership Breakdown

Delusional Partners

Disrespected Partners

Death / Terminally Ill

Misappropriating Opportunity

Valuation Disputes

Dissolution of Partnership

Forms of Partnership

General Partnership

Limited Partnership

Limited Liability Ptp (LLP)

Extra-Provincial Ptp.

Joint Ventures



The partnership agreement is a formal legal document that serves to establish and define the terms of the business relationship between the partners, which can include a range of potential aspects, which may include:

- What is business of the partnership.

- How is the business of the partnership to be undertaken.

- What are the contributions of each the partners, both in terms of capitalization and work undertaken in furtherance of the partnership.

- What is the division of duties and responsibilities amongst the partners.

- How are the partnership profits distributed amongst the partners.

- How the partnership is to be financed.

- How are decisions of the partnership to be made.

- What the voting structure is amongst the partners.

- How are new partners brought into the partnership.

- What are the exit strategies available to the partners.

- What happens to a partner's partnership interest upon their death, disability or default.

- What is the scope of the restrictive covenants imposed upon the partners, from confidentiality to non-competition and non-solicitation.

- What is the duration of the partnership.

For legal counsel as to your business partnership or joint venture, contact lawyer Christopher Neufeld with Neufeld Legal Professional Corporation at or 403-400-4092 (Calgary, Alberta) 416-887-9702 (Toronto, Ontario). 


Neufeld Legal Professional Corporation is a Canadian law firm operating out of Calgary, Alberta and Toronto, Ontario, and is focused on corporate transactional matters that impact local, national and international businesses in their quests for corporate success.

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