Limited liability partnership agreement
Key features
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- Length:21 pages (5550 words)
- Available in:
Microsoft Word DOCX
Apple Pages
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We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.
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About this limited liability partnership agreement
This agreement is suitable for any limited liability partnership requirement. It is assumed that all partners will be active in the business.
The document is comprehensive, and includes many options. It is structured so that you can take an option, or edit to suit your particular requirements.
If an option is not relevant, you can easily reduce these to produce a document to your exact requirements.
The law relating to this LLP agreement
The partnership law provides the structural framework for this agreement. Within that framework, you are free to make whatever arrangements you like, subject to normal contract law. This gives you great freedom, which is reflected in the many suggestions given in this agreement.
Contents
- Sets out the basic partnership provisions and legal requirements for an LLP
- Partnership shares and variations
- Duties of designated partners
- Partnership property, capital and shares
- Actions for which partnership consent is required
- Management and partner control issues
- Intellectual property protection options
- Confidentiality
- Restrictions on partners
- Retirement, death or expulsion
- Termination of the partnership
- Other common legal protections
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- Up to date with latest law our lawyers regularly review how new relevant law affects each document in our library
- Written in plain English avoiding legal terminology unless necessary. plain English makes our documents easy to understand, easy to edit and more likely to be accepted
- Support from our legal team email us with questions about editing your document
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- Comprehensive template covering legal and practical points
- Detailed guidance notes explaining how to edit each paragraph
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- reporting on whether your changes comply with the law
- answering your questions about how to word a new clause or achieve an outcome
- checking that your use of defined terms is correct and consistent
- correcting spelling mistakes
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