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School Operation Partnership Agreement

This School Operation Partnership Agreement ("Agreement") is made and entered into
on this ___ day of ________, 20, by and between:

Party A (hereinafter referred to as "First Partner"), located at [Address, City, State, Zip],

and

Party B (hereinafter referred to as "Second Partner"), located at [Address, City, State,


Zip].

Collectively referred to as the "Parties."

Recitals

WHEREAS, the Parties wish to enter into a cooperative agreement to manage and
operate [Name of School] ("the School"), located at [School Address, City, State, Zip], for
the purpose of providing educational services.

WHEREAS, the Parties agree to share the responsibilities of operating the School and to
divide the profits derived therefrom equally.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:

1. Purpose and Scope The Parties hereby form a partnership ("Partnership") for the
purpose of managing and operating the School. This Partnership shall conduct its
business under the name [Partnership Name or DBA], and its principal business address
shall be the same as the School's location, unless otherwise agreed by the Parties.
2. Term This Agreement shall commence on the effective date as first written above and
shall continue in full force and effect until terminated by mutual agreement of the
Parties or as otherwise provided in this Agreement.
3. Capital Contributions The Parties agree to provide initial capital contributions for the
operation of the School as follows: [detail the contributions, if any, such as monetary
investments, property, or other assets].
4. Profit Sharing The Parties agree to share equally, 50% each, in the net profits of the
School's operations. For the purposes of this Agreement, "net profits" shall be defined
as the gross revenue from the School's operations minus expenses and any other
deductions agreed upon by the Parties.
5. Management and Duties The Parties shall jointly make decisions regarding the
management, operation, and control of the School. Each Party agrees to contribute their
time, effort, and skills to the management of the School as agreed upon by the Parties.
6. Banking and Finances A separate bank account for the School shall be established,
requiring the signatures of both Parties for withdrawals. The Parties agree to maintain
accurate and complete financial records.
7. Dispute Resolution In the event of a dispute arising out of this Agreement, the Parties
agree to seek resolution through mutual negotiation. If necessary, mediation or
arbitration may be employed as agreed upon by the Parties.
8. Amendments and Modifications Any amendments or modifications to this Agreement
must be made in writing and signed by both Parties.
9. Governing Law This Agreement shall be governed by and construed in accordance with
the laws of the State of [State], excluding its conflict of law principles.
10. Signatures This Agreement shall be executed by the Parties as evidence of their
acceptance of the terms and conditions herein.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first
above written.

[Signature of Party A] ___________________________ Date: _______________

[Print Name of Party A]

[Signature of Party B] ___________________________ Date: _______________

[Print Name of Party B]

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