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PARTNERSHIP DEED OF AGREEMENT

This partnership deed of agreement is our partner’s document which outlines rules, policies and
procedures which are to be followed by partners in our organisation. Our organisation or business “Touch
Point Technology” is a millennium business which is involved in the provision of technological gadgets
e.g. laptops. Our Partnership Deed of Agreement has the following contents:-

NAME OF THE COMPANY


 Names of partners
 Capital contributed and partner’s positions
 Profit of loss sharing ratio
 Length of the agreement

NAME OF THE COMPANY


The name of the company to whom this partnership deed of agreement is entitled to is “Touch Point
Technology”.

NAMES OF PARTNERS AND THEIR POSITIONS


This partnership deed of agreement has procedures, rules and policies which are to be followed by 3
main partners who are involved and these are (i) ____________________________________(ii)
___________________________________________

In our organisation there are two types of partners and these are active partners and sleeping partners.
An active partner is involved in the day to day running of the business and calls all the shots that involves
running and management of the business and at Touch Point Technology the partner is Mr Lameck
Chipfuya.

A sleeping partner is a partner who have only injected money into the business but is not involved in
managing or running the business and at our organisation these partners are:-
(i) ____________________________________

These are partner’s names and their I.D numbers


(i) ____________________________ ID Number ________________________________
(ii) ____________________________ ID Number________________________________
(iii) _____________________________ID Number________________________________

CAPITAL CONTRIBUTED BY PARTNERS


Touch Point Technology is a company which was in existence before the commemoration of the
partnership an previously had its assets and stock which are worth $____________.

Therefore this partnership deed of agreement excludes and we repeat excludes all the assets and stock
which were already or are already in existence.

This partnership amalgamation is based on the current capital that is injected and this is capital sum of
$_______________
PROFIT SHARING RATIO
Profit alleviated from the business shall be shared in the following ratio:-
__________________________________ - 20%
__________________________________ - 20%
__________________________________ - 60%

LENGTH OF THE AGREEMENT


This partnership deed of Agreement shall be valid only for 6 months and if necessary renewed. Hence
the partnership business commercial on ____/_____/_____ to ____/____/_____

PARTNER’S NAMES AND SIGNATURES


__________________________________ Sign _______________________
__________________________________ Sign _______________________
__________________________________ Sign _______________________

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