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Partnership_Agreement.pdf
PARTNERSHIP AGREEMENT
August 15, 2025
This Partnership Agreement is entered into on August 15, 2025, between the following parties:
Partner 1: Alice Johnson
123 Maple Street, Springfield, IL 62704
Partner 2: Brian Lee
456 Oak Avenue, Rivertown, CA 90210
1. Formation
The parties hereby form a general partnership under the name BrightWave Solutions for the purpose of providing AI-powered content and research services.
2. Term
This partnership shall commence on August 15, 2025 and continue until terminated in accordance with the provisions of this Agreement.
3. Capital Contributions
Alice Johnson shall contribute $50,000 cash. Brian Lee shall contribute $35,000 cash and a laptop workstation valued at $5,000.
4. Profit and Loss Sharing
Profits and losses shall be shared as follows: Alice Johnson 60%, Brian Lee 40%.
Parties
High
Partner 1: Alice Johnson (123 Maple Street, Springfield, IL 62704). Partner 2: Brian Lee (456 Oak Avenue, Rivertown, CA 90210).
Capital Contributions
High
Alice Johnson: $50,000 cash. Brian Lee: $35,000 cash + laptop workstation valued at $5,000. Total initial capital: $90,000.
Profit Sharing Ratio
Medium
Profits and losses shared as follows: Alice Johnson 60%, Brian Lee 40%. Distribution occurs quarterly after accounting review.

Everything you need to manage contracts

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Intelligent Contract Parsing

Define your own schema to extract the data that matters most—no more manual scanning or missed details.

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Multi-Tenant Workspace

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AI-Assisted Contract Review

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Seamless Upload & Automation

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1️⃣

Upload Your Contracts

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AI Analyzes & Reviews

ClauseOne's AI parses contracts, highlights gaps, suggests improvements, and ensures clauses align with your business standards.

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Organize & Collaborate

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