This document running into 23 pages consists of draft Limited Liability Partnership Agreement, in editable word format, making it handy to use and save your time and effort.
The index of LLP Agreement consists of following clauses:
|
Sr. No. |
Particular of Clause |
|
1 |
Definition and Interpretation |
|
2 |
Name and Formation |
|
3 |
Extent of Liability of LLP |
|
4 |
Capital Contribution |
|
5 |
Profit and Loss Sharing |
|
6 |
Further Funding |
|
7 |
Private Debts of Partners |
|
8 |
Banking |
|
9 |
Rights of Partners |
|
10 |
Duties of Partners |
|
11 |
Protection of Partners by LLP |
|
12 |
Management including Quorum, Meeting, Designated Partner, Duties |
|
13 |
Admission of New Partner |
|
14 |
Cessation of Existing Partners |
|
15 |
Death of Partner |
|
16 |
Transfer of Partner’s Interest including Permitted Transfer and Pre-Emption Rights |
|
17 |
Obligatory Transfer Events |
|
18 |
Transfer following Obligatory Transfer Events |
|
19 |
Completion of Transfer of Partner’s Interest |
|
20 |
Failure to Complete Transfer |
|
21 |
Term and Termination |
|
22 |
Account and Auditors |
|
23 |
Intellectual Property and Goodwill |
|
24 |
Information Rights |
|
25 |
Tax Reporting |
|
26 |
Representation and Warranties |
|
27 |
Winding up and Termination |
|
28 |
Dispute Resolution |
|
29 |
Power to Compromise or make arrangement |
|
30 |
Pre- incorporation Agreement |
|
31 |
Insurance |
|
32 |
Miscellaneous Provisions |
