This AGREEMENT of PARTNERSHIP is made as of [click to select date], by and between the
The undersigned hereby form a General Partnership in, and in accordance with the laws of, the State of
The name of the Partnership shall be [Partnership Name].
The Partnership shall begin on [click to select date] and shall continue until [click to select date] of the
same year and thereafter from year to year unless earlier terminated as hereinafter provided.
The purpose of the Partnership shall be toinvest the assets of the Partnership in stocks, bonds, and
securities for the financial and educational benefit of the Partners, while employing fundamental
principles and techniques of sound investment practices.
Periodic meetings shall be held regularly as determined by the Partnership.
VI. Capital Contributions
The Partners will each make minimum monthly investments of $[amount] at regular monthly meetings.
Partners may also make optional additional contributions in any $[amount] increment(s). Regular
monthly contributions, normally collected at meetings, are due prior to the scheduled meeting in the
case of any planned absence, or by the end of the third day after the meeting from anyone who was
unable to attend that monthly meeting due to an emergency or illness. No Partner's capital account
shall exceed twenty percent (20%) of the capital accounts of all Partners.
VII. Valuation of the Partnership
The current value of the assets of the Partnership, less the current value of the debts and liabilities of
the Partnership (hereinafter referred to as the "value of the Partnership") shall be determined at a
regularly scheduled date and time (hereinafter referred to as the "valuation date") preceding the date of
each periodic meeting.
VIII. Capital Accounts
There shall be maintained a capital account in the name of each Partner. Any increase or decrease in
the value of the Partnership on any valua