Fill and Sign the Partnership Agreement Investor Form

Commercial Partnership Agreement between an Investor and Worker Agreement made       , between       , (Date of agreement) (Name of Investor Partner) of       , referred to herein as Investor Partner, and (Street Address, City, County, State, Zip Code)       , of       , (Name of Worker Partner) (Street Address, City, County, State, Zip Code) referred to herein as Worker Partner ; For and in consideration of the mutual covenants contained in this Agreement, the parties agree as follows: I. Purpose and Duration. The parties form a partnership under       for the purpose of       . (citation of state partnership statute) (Description of Business) The Partnership shall commence on       , and continue for a period (Date) of       years, terminating on       . (Number) (Date) II. Location. The principal place of business shall be at       , (Street Address)       . (City, County, State, Zip Code) III. Termination. Notwithstanding the foregoing, e ither party may terminate the Partnership at an earlier date by providing       days' written notice of that intention to the other party. (Number) IV. Investor Partner Contribution. Investor Partner shall contribute $       to the Partnership capital account on or before       . This cash contribution shall (Date) represent a       % interest in the total Partnership valuation. Investor Partner shall not engage in the management or control of the Partnership, and shall not work in the business. V. Worker Partner Contribution. Worker Partner shall contribute Worker Partner's full time and services to the management, control, and operation of the Partnership business as Worker Partner's contribution to the capital of the Partnership. This contribution of services shall represent a       % interest in the total Partnership valuation. Worker partner shall not engage in any outside employment or job-related activities. VI. Winding Up. On termination of the Partnership, the unfinished business shall be finished by or under the supervision and direction of Worker Partner. Worker Partner shall receive reasonable compensation for the same, and shall be reimbursed for the expenses incurred in winding up the Partnership. The books and records of the Partnership shall be retained by and be the property of Worker Partner. Commercial Partnership Agreement Page 1 of 2 VII. Division of Proceeds. The net proceeds of the Partnership shall be divided and paid to each party in direct proportion to that party's contributions to the Partnership capital as provided above. VIII. Personnel. The employment and use of all personnel shall be the responsibility and under the direct control of Worker Partner, who shall have complete authority for personnel matters. IX. Bank Account. All money received by the Partnership shall be deposited in a bank to be selected by Worker Partner and drawn out on authorized checks of the Partnership, signed by the Worker Partner. WITNESS our signatures as of the day and date first above stated. By: By: (Signature of Investor Partner) (Signature of Worker Partner)             (P rinted Name of Investor Partner) (P rinted Name of Worker Partner ) Commercial Partnership Agreement Page 2 of 2