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ITEM 2: DURATION OF AGREEMENT

The term of this agreement shall be for X years, commencing on 1st August, XXX, and
terminating on 31st July, XXXX, unless sooner terminated by mutual consent of the parties or
by operation of the provisions of this agreement.
ITEM 3: CONTRIBUTION
By partners mutual agreement, both of them agreed that only XXXX will contribute all the
capital (100%) for the business.
ITEM 4: BOOKS AND RECORD
Books of accounts shall be maintained by the partners, and proper entries made therein of all
sales, purchases, receipts, payments, transactions, and property of the partnership, and the
book of account and all records of the partnership shall be retained at the principal place of
business as in Item One herein. Each partner shall have free access at all times to all books
and records maintained relative to the partnership business. Each shall be entitled to
reimbursement for the

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