📝 Contract Template
Partnership Agreement Template
Business partnership terms: roles, profit sharing, exit clauses, dispute resolution.
What to include in a partnership agreement
- Full legal names and contact details of both parties
- A clear scope of work and what is explicitly excluded
- Fees, payment schedule and late-payment terms
- Timelines, milestones and delivery dates
- Who owns the intellectual property, and when it transfers
- Confidentiality obligations
- Termination rights and notice periods
- Signature blocks and the date of agreement
Practical notes for a Partnership Agreement
Business partnership terms: roles, profit sharing, exit clauses, dispute resolution.
- Keep numbering sequential — gaps make reconciliation and audits harder
- Store a copy for five years; the ATO can ask you to substantiate records
- Send it the day the work finishes, not at the end of the month
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General information only — not legal, tax or financial advice. For contracts and tax documents, confirm your obligations with a qualified professional or the relevant authority.