A limited liability partnership (LLP) is a type of business structure. It is a cross between a company and a partnership. An LLP is controlled by its 'members'. Members can be individuals or organisations, but this LLP agreement is for individuals only. This LLP agreement provides a framework for the relationships between each of the members and between the members and the LLP. It sets out the rights that each member of an LLP will have against the LLP and the other members, and the duties that each member will owe to the LLP and the other members. It also governs the internal workings of the LLP and deals with a range of matters, such as how decisions are to be made and by whom; obligations to contribute capital; rights to share in capital and profits and the calculation of these financial entitlements; sickness absences; new members joining the LLP; the death, retirement and expulsion of members; and accounting and banking procedures. This LLP agreement presumes that all the initial members that will sign it will contribute to the capital of the LLP.
Digital only:
You can draft, edit, save, download and use this document.
With solicitor review:
You can draft, edit, save, download and use this document and also have it reviewed by our solicitors to ensure it meets your needs.
With solicitor assistance:
Our solicitors will assist you in drafting this document either by phone or video meeting as preferred. Our solicitors will also review it for you to ensure it meets your needs.
Try for free:
You can draft, edit and save your document. We do not ask for any payment details but some of the text will be hidden. To see your full document it must be paid for.
Digital only:
You can draft, edit, save, download and use this document.
With solicitor review:
You can draft, edit, save, download and use this document and also have it reviewed by our solicitors to ensure it meets your needs.
With solicitor assistance:
Our solicitors will assist you in drafting this document either by phone or video meeting as preferred. Our solicitors will also review it for you to ensure it meets your needs.
Try for free:
You can draft, edit and save your document. We do not ask for any payment details but some of the text will be hidden. To see your full document it must be paid for.
Digital only:
You can draft, edit, save, download and use this document.
With solicitor review:
You can draft, edit, save, download and use this document and also have it reviewed by our solicitors to ensure it meets your needs.
With solicitor assistance:
Our solicitors will assist you in drafting this document either by phone or video meeting as preferred. Our solicitors will also review it for you to ensure it meets your needs.
Try for free:
You can draft, edit and save your document. We do not ask for any payment details but some of the text will be hidden. To see your full document it must be paid for.
