When forming a new partnership, it is a wise decision to draft a partnership agreement. A document of this nature will enable the general partners to relay the manner in which the partnership is to be organized by providing the capital contributions of each party and the rights and responsibilities of the members acting within the entity. Because of the complex nature of the provisions supplied in a document of this variety, it is wise to seek legal counsel during the drafting process to ensure that your agreement is airtight and will serve the partnership as effectively as possible. Below you will find a free template of a partnership agreement in both MS Word and Adobe PDF formatting which has been put together by Start a Business’s in-house lawyer. Take the time to review the document’s contents to establish whether you would like to use it to accelerate your drafting process.