Sample of partner agreement
Posted in Uncategorized on September 5th, 2009 by Admin – Comments OffExamples of partner agreement (agreement between participants in the ANS / DA)
1) All participants jointly and severally liable for the company in accordance with company law and the rules that apply to the responsible company. Each participant owns 1 / 3 of the company.
2) Jon Endresen, Peder Ås and Siri Johansen, all participants in the Media Forum ANS, working in the company full time. No one shall undertake assignments in other business activities without the other participants’ consent.
3) Media Forum ANS shall have a board of directors. For the Board, its work and its responsibilities as they apply the same rules and laws for the control of corporation.
4) Jon Endresen will be general manager. The position of general manager is subject to the Board and Managing Director is appointed by the Board.
5) Company Meeting to be held at least once a year, in connection with the determination of the financial statements. The meeting has exactly the same powers and responsibilities as a General in the corporation. Company Meeting includes all participants.
6) Withdrawal (remuneration for work) is determined on the company meeting every year after year-end. Withdraw the first year of operation shall be 10 000, – per month for each participant. If the company goes with a larger surplus than expected, each of the participants have the right to withdraw at least an amount that covers the payment of the advance in addition to the above-mentioned amount. If tight liquidity is the outlet for participants who have absolutely the lowest priority among the payments from the company.
7) Jon Endresen, who is general manager, will be responsible for administrative and financial procedures. Siri Johansen will be responsible for marketing and sales and marketing for the title. Media Manager Peder Ås will be responsible for contact and influence of the different media, and service functionality to its customers.
All three hereby undertakes to provide full efforts and prioritize work above all else the first year of operation. All agree that the 80-hour weeks are the rule rather than the exception. We are committed not to comment on or evaluate someone else’s work effort under four eyes. If conflicts of this nature arises, should this be addressed in plenary, without the prior have been discussed. The Board, with requirements for 2 / 3 majority vote, approves the outcome of a case.
