a domestic partner contract is rarely used, and perhaps unenforceable, for legally married couples. nonetheless, sometimes couples choose not to be married and, in these instances, a domestic partner contract may be useful. the purpose of a domestic partner contract is to define the responsibilities of each partner within a domestic household. it can provide for settlement of financial matters and distribution of assets if the couple dissolve their domestic partnership.

to allow for equitable access to all users, sec reserves the right to limit requests originating from undeclared automated tools. you can also sign up for email updates on the sec open data program, including best practices that make it more efficient to download data, and sec.gov enhancements that may impact scripted downloading processes. for more information, please see the sec’s web site privacy and security policy. thank you for your interest in the u.s. securities and exchange commission.

limited partnership agreement means the second amended and restated agreement of limited partnership of the partnership dated as of march 9, 2004, as amended from time to time. 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. borrower partnership agreement means the eighth amended and restated limited partnership agreement of the borrower, dated as of may 8, 2008, as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the administrative agent or as permitted under section 10.10. partnership agreement means each partnership agreement governing a partnership, as each such agreement has heretofore been, and may hereafter be, amended, restated, supplemented or otherwise modified. llc agreement means each operating agreement with respect to a llc, as each agreement has heretofore been, and may hereafter be, amended, restated, supplemented or otherwise modified from time to time.

(a) in order for a limited partnership to be formed, a certificate of limited partnership must be filed with and on a form prescribed by the secretary of state and, either before or after the filing of a certificate of limited partnership, the partners shall have entered into a partnership agreement. (e) a limited partnership may record in the office of the county recorder of any county in this state a certified copy of the certificate of limited partnership, or any amendment thereto, which has been filed by the secretary of state. a foreign limited partnership may record in the office of the county recorder of any county in the state a certified copy of the application for registration to transact business, together with the certificate of registration, referred to in section 15909.02, or any amendment thereto, which has been filed by the secretary of state.

despite the numbers, greater rewards may result if you form a business partnership with an individual who complements you both personally and professionally. a winning business partnership capitalizes on the strengths and skills of each partner. you may not want this source to have final decision ability, but see if they will analyze the situation and give you their opinion for a course of action. one way to deal with this is to include a mandatory arbitration clause in your partnership agreement and the contracts you make with other entities.

this week we’re going to delve into those implications and challenge the traditional assumption that equity partnership is necessarily more attractive than non-equity partnership. the equity partners of a growing and profitable firm can expect to take home an outsized share of the financial rewards. for example, one factor that contributes to the equity partnership’s outsized compensation share is origination credit. it’s easy to focus on the considerable benefits of becoming an equity partner, but there are also some real downsides that should not be overlooked. under the rules of many partnership agreements, the firm is not obligated to return the money until years after an equity partner’s exit.

before making a final decision, understand the benefits and drawbacks of general partnerships. a partner cannot transfer or divest their interest in their own business unless stated explicitly in the general partnership business agreement. as such, general and limited partners don’t have to pay taxes and report them on personal tax returns instead in the event of insolvency, general partners face unlimited liability. limited partners, on the other hand, have a lower level of liability than general partners. a single partner can act on behalf of the general partnership, putting the other partners at risk for unpaid debts, negligence, and intentional wrongdoing.

if a partner under the hotel partnership agreement exercises its tag along rights under section 8.5 of the hotel partnership agreement, the equivalent partner hereunder shall be deemed to have exercised tag along rights with respect to the parallel transfer hereunder with all of the rights and obligations of a tag along partner set forth in section 8.5 of the hotel partnership agreement. 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.