you can often see restaurant investor agreements and other sorts of partnership agreements as well. it is a two-party enterprise agreement that will agree to bear and carry the enterprise towards its growth advancement and invest in the enterprise with the guarantee of a return of higher value at particular times. one of the very first things that you must do is decide a name for your partnership. this part of the agreement lays out certain questions like will the profits and losses be assigned in proportion to a partner’s percentage interest in the business or not? or will each partner be qualified to a regular draw or will all the profits be distributed at the end of each year? if you want to get approval from one or all of the partners before binding the contract, this must be made clear in your partnership agreement. for instance, you may want to require a unanimous vote of all the partners for every business decision.

except for the approved agreements and for transactions the terms of which are expressly contemplated or approved by this agreement or the fund partnership agreement, neither the general partner nor any other affiliate of hines shall engage in any material transaction with the partnership or any fund entity in which the partnership has an interest unless the terms of such transaction have been approved by the advisory committee and the general partner. operating partnership agreement means the amended and restated agreement of limited partnership of the operating partnership, as it may be amended, supplemented or restated from time to time.