Download New Hampshire Partnership Agreement Templates [PDF]

Establish your business in New Hampshire in no time by using our specially crafted New Hampshire partnership agreement template.

Last update: 25 Dec 2023

Download New Hampshire Partnership Agreement Templates [PDF]

The New Hampshire partnership agreement is a legal document made between two or more business partners that provides details about their contributions, rights, and responsibilities in the business venture they are establishing.

Partnerships are usually established between partners that have different resources that can be joined together with the common goal of conducting a certain business. These resources are usually financial capital, equipment, know-how, and more.

In New Hampshire, the partnership agreement is often referred to as:

Partnership Agreement Synonyms

  • New Hampshire partnership contract

  • New Hampshire partnership deed

  • New Hampshire articles of partnership

New Hampshire Partnership Agreement Types

Here, you can find different partnership agreement types used in New Hampshire: 

Types of Partnership Agreement

  • General Partnership (GP): Here, all partners are able to participate in a decision-making process. However, they all have unlimited liability for business operations with all of their personal assets. (Section: 304-A:1 to A:62)

  • Limited Partnership (LP): This is the partnership between the general partners that have unlimited liability for the business operations and have decision-making powers and the limited partners that don’t have decision-making powers but have limited liability for the business operations. (Section: 304-B:1 to B:64)

  • Limited Liability Partnership (LLP): Here, all partners equally participate in the decision-making process, and they are liable only for actions they have personally taken within the partnership. (Section 304-A:15)

New Hampshire Partnership Agreement Requirements

The New Hampshire partnership agreement format should include the following:

Mandatory Requirements

  • Details about the partners

  • Information about the date of establishment of the business partnership

  • Details about the initial investment of each partner

  • Description of each partner's role in the partnership

  • Information about each partner’s management or voting rights

  • Rules on how the profits will be distributed between the partners

  • Rules on how the eventual business losses will be covered

  • Details on how the partnership will eventually dissolve (optional)

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