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The Supplementary Limited Liability Partnership Agreement on Induction /

Addition of New Partner In LLP


This Supplementary Liability Partnership Agreement is made on 0X/0X/20XX
Mr. ___________ residing at ______________________________ Which
expression shall unless it be repugnant to the subject or contact there of
including her legal hairs successors , nominees and permitted assignees an here
after called the “ First Party / Continuing Partner.
Mr. ___________ residing at ______________________________ Which
expression shall unless it be repugnant to the subject or contact there of
including her legal hairs successors , nominees and permitted assignees an here
after called the “ Second Party / Continuing Partner.
Mr. ___________________________ residing at
______________________________________________ Which expression
shall unless it be repugnant to the subject or contact there of including her legal
hairs successors , nominees and permitted assignees an here after called the “
Third Party / New Partner.
Now the third party is interest to get added in LLP and continue Limited
Partnership firm founded by First and Second partner.
Nature of Business
To carry on the business of providing
___________________________________________________.
And where as on the request of the new partner and retiring partner and in
consideration of the new partner contribution the sum of Rs. 2X000/- towards
the capital of Partnership firm mutually as agreed as below.
 This agreement is supplementary to the LLP Agreement
0X/XX/20XX, supplementary agreement dated 0X/0X/20XX made
between said parties.
 Form the date aforesaid new partner shall be a Designated partner
subject to the terms and conditions of said partnership deed except in
so far as the same varied by this agreement.
 Total contribution shall be as below

Sr. No. Name of the Partner Natur

1 XX

2 XX

3 XX

Total

Profit And / Or Loss Sharing And Remuneration


The net profit of the LLP arrived at after payment of applicable taxes and
providing for payment of Remuneration and interest, if any, (to the extent
allowed under applicable provisions of the Income Tax Act, 1961, as amended
or modified from time to time) to the Designated Partners shall be divided
among following Partners as below:
Sr. No. Name of the Partner

1 XX

2 XX

3 XX

Total

Except as modified by this agreement the said LLP agreement dated


0X/XX/20XX supplement agreement dated 0X/0X/20XX shall be hereafter be
read and constructed as if the same has been executed by the partners hereto.

In witness whereof, the parties hereto have set and subscribed their hands, the
day and year first here in above written.

Partner No. 1 : ________________

Partner No. 2: ________________

Partner No. 3: ________________

Witness A: ________________

Witness B: ________________

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