Fill and Sign the Partnership Agreement Form

Reorganization of Partnership by Modification of Partnership Agreement Agreement made this       day of       , 20       , between       of       , and (Name of John Doe ) (Street Address, City, County, State, Zip Code)       of       , (Name of Mary Roe ) (Street Address, City, County, State, Zip Code)       and       (Name of John Doe ) (Name of Mary Roe ) being hereinafter jointly referred to as the Partners or Parties . Whereas,       and       are (Name of John Doe ) (Name of Mary Roe ) parties to a Partnership Agreement dated       , creating the (Date) Roe Doe Partnership; and Whereas, Partners own and operate a Partnership which operates a Business located at       , hereinafter called the Business; and (Street Address, City, County, State, Zip Code) Whereas, Partners desire to expand the Business; and Whereas, the expansion requires additional capital to expand the Partnership; and Whereas,       has additional capital available to contribute (Name of John Doe ) to the Partnership but       does not; and (Name of Mary Roe ) Whereas, Partners desire to reorganize the Partnership to reflect the revised purposes and adjusted proportional interests in the Partnership; Now, therefore, for and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the Parties agree as follows: 1. P artnership shall be authorized to conduct the additional business activities as follows:       . (Describe additional business activities) 2.       shall contribute $       to the (Name of John Doe ) capital of the Partnership on or before       for the expansion of the Partnership (Date) as specified above. 3. The Partnership interests of the Partners shall no longer be as provided in Section Reorganization of Partnership Page 1 of 2       of the original Partnership Agreement between the Parties. On the date of (Number) execution of this Modification Agreement,       shall (Name of John Doe ) have       % of the Partnership interest and       shall (Name of Mary Roe ) have       % of the Partnership interest. 4. Each Partner shall be entitled to a share of the Partnership net profits or shall be assessed for the Partner's share of the Partnership losses in direct proportion to the Partnership interest of the Partner. 5. All other provisions of the original Partnership Agreement dated       (Date) between       and       (Name of Mary Roe ) (Name of John Doe ) shall continue in full force and effect. Witness our signatures as Partners of the Roe Doe Partnership, and individually, the day and date first above stated. (Name of John Doe )       (Printed Name of John Doe ) (Name of Mary Roe )       (Printed Name of Mary Roe ) Reorganization of Partnership Page 2 of 2