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ARTICLES OF ASSOCIATION
These Articles of Association (the “Agreement”) is made and effective [DATE],
BETWEEN:
[YOU’RE COMPANY NAME] (the "First Partner"), a corporation organized and
existing under the laws of the [State/Province] of [STATE/PROVINCE], with its
head office located at:
[YOUR COMPLETE ADDRESS]
AND:
[SECOND PARTNER NAME] (the "Second Partner"), an individual with his main
address located at OR a corporation organized and existing under the laws of
the [State/Province] of [STATE/PROVINCE], with its head office located at:
[COMPLETE ADDRESS]
The parties agree to be partners under and by the name of [NAME OF PARTNERSHIP ASSOCIATION] and
to engage in the business of [DESCRIBE], according to the following terms and provisions:
1.
DURATION
The partnership association will commence on the execution of this agreement and continue for a
period of [NUMBER] years, after which it may be continued for another period of [NUMBER] years, or
for such time as the partners may then see fit.
2.
CONTRIBUTION
Each of the partners is contributing the partner’s skill and labor to the partnership, and it is understood
that each partner will be paid wages or a salary for such labor as the partner may perform.
3.
WAGES OR SALARIES
The members of the partnership shall constitute the committee of the whole, which committee shall fix
the wages or salaries to be paid.
4.
MANAGING PARTNER
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