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Free Partnership Agreement
Template for Australia

Start your business partnership on solid ground. Define profit sharing, roles, and exit terms with a professionally drafted agreement. AI customises it for you.

What's Included

Partner Roles & Contributions

Capital contributions, roles, responsibilities, and decision-making authority for each partner.

Profit & Loss Sharing

How profits and losses are allocated, distribution timing, and partner drawings.

Decision Making

Voting rights, matters requiring unanimity, and deadlock resolution mechanisms.

Non-Compete & Confidentiality

Restrictions on competing activities and protection of partnership information.

Exit & Buy-Out

Partner retirement, expulsion, buy-out valuation methods, and payment terms.

Dissolution

Events triggering dissolution, winding up procedures, and distribution of partnership assets.

Who Needs This Template?

New Business Partners

Set clear expectations before you start trading. Avoids costly disputes down the track.

Existing Partnerships Without a Written Agreement

Formalise your arrangement and override the default rules in the Partnership Act.

Professional Practices

Accountants, lawyers, and medical practitioners forming or restructuring a practice.

Joint Ventures

Short-term or project-based partnerships with defined scope and profit-sharing.

How It Works

1

Choose This Template

Select the partnership agreement from our library.

2

AI Customises It

Gemini AI fills in partner names, contributions, profit-sharing, and terms. All placeholders removed.

3

Send for Signing

Review and send to all partners. Everyone signs electronically from any device.

Start with 5 Free Envelopes

No credit card required. Customise this partnership agreement with AI and send for signing in minutes.