Though it is not mandatory in the state of Michigan, it is always recommended that the organizers of a newly formed partnership draft a partnership agreement to properly organize the entity’s internal affairs. This document, when drafted correctly, will grant the initial general partners of the entity the ability to establish the relationship they hold with the partnership, providing a list of provisions under which they will be required to operate. Take a look at the template below to get a full understanding of exactly what might go into an agreement of this nature and, if you wish, download the MS Word or Adobe PDF file to be implemented when drafting an agreement of your own. Be sure to have an attorney present in the drafting process to make sure that the contract will serve everyone’s best interests.