draft a partnership agreement:

8. What Are the Procedures for Adding or Removing Partners?

Outline the process for admitting new partners and the conditions under which a partner can exit the partnership. This section should also address how the departing partner's interest will be valued and handled.

Frequently asked queries:

1. What is the Purpose of the Partnership?
2. Who Are the Partners?
3. What Are the Capital Contributions?
4. How Are Profits and Losses Distributed?
5. What Are the Roles and Responsibilities?
6. How Will Decisions Be Made?
7. What Is the Duration of the Partnership?
8. What Are the Procedures for Adding or Removing Partners?
9. How Will Disputes Be Resolved?
10. What Is the Procedure for Dissolution?
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