Transcription of PARTNERSHIP AGREEMENT - Knysna
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PARTNERSHIP AGREEMENT . The following AGREEMENT is intended to record and govern the relationship of the parties in a PARTNERSHIP . 1. Parties The Parties to this AGREEMENT are: Name: _____. ID number: _____. Name: _____. ID number: _____. Name: _____. ID number: _____. Name: _____. ID number: _____. 2. Practice The above parties have been constituted as a PARTNERSHIP and will carry on a _____ (hereinafter the practice ) at _____. _____. The name of the practice will be _____. 3. Commencement and duration The PARTNERSHIP will commence on the __ day of _____ 20__ (hereinafter the commencement date ) and continue for an indefinite period until terminated as provided for in this AGREEMENT . 1. 4. Contributions Each of the partners to this AGREEMENT , must contribute to the PARTNERSHIP : the sum of _____. _____. instruments, equipment, programs and text books which were his or her private property prior to the commencement date of this AGREEMENT .
locum tenens must be debited to the incapacitated partner. 14.3 The amount debited to the incapacitated partner, may not, without his/her consent, exceed one third of his/her monthly drawings at the time of incapacity. 15. Professional Liability and Malpractice Insurance
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