Partnership Agreement Article Re: Notices

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A partnership agreement sets forth the terms and conditions that govern the relationship between business partners and their obligations to the partnership. Without a written partnership agreement, state law may determine the default rules as to the rights of partners and how partnership assets and liabilities will be distributed. Depending on the goals and purposes of the partnership, various provisions can be included in the agreement detailing the rules that will govern the relationship between the partners and what shall occur if specific contingencies arise. This partnership agreement article on Notices may be inserted into a partnership agreement and can be modified depending on the partners’ specific needs.

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									A partnership agreement sets forth the terms and conditions that govern the relationship
between business partners and their obligations to the partnership. Without a written
partnership agreement, state law may determine the default rules as to the rights of
partners and how partnership assets and liabilities will be distributed. Depending on the
goals and purposes of the partnership, various provisions can be included in the
agreement detailing the rules that will govern the relationship between the partners and
what shall occur if specific contingencies arise. This partnership agreement article on
Notices may be inserted into a partnership agreement and can be modified depending
on the partners’ specific needs.
                                  PARTNERSHIP AGREEMENT ARTICLE
                                            RE: NOTICE

Any notice required, permitted to be given, or otherwise given hereunder may be effectively given by
letter delivered either by personal delivery, registered mail certified return receipt requested, postage
prepaid, or delivered by overnight delivery service, or by facsimile machine upon receipt from the
sender of a confirmation of receipt, or by other electronic means so long as the recipient has
acknowledged receipt (for purposes of this section an automatically generated receipt confirmation
does *not* qualify as acknowledgement of receipt), addressed to the recipient as follows:

         In the case of Partner 1:

         [Partner 1]
         Attn: _____________
         _____________________________
         _____________________________
         Tel: __________________
         Fax: __________________
         Email: _______________________

         In the case of the Partner 2:

         [Partner 2]
         Attn: _____________
         _____________________________
         _____________________________
         Tel: __________________
         Fax: __________________
         Email: _______________________




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