Partnership Agreement to Dissolve on Death or Insolvency

Set up a partnership with this Partnership Agreement that provides for the partnership to dissolve upon the death, insolvency or mental incapacity of one of the partners.

• Decisions must be made by a majority of ownership interests.
• Any partner can also dissolve the partnership by giving written notice to the other partners.
• The partners agree to resolve any disputes through arbitration.
• There are no provisions for the sale or disposition of the interest of any partner, so partners cannot withdraw from the partnership.

This Partnership Agreement to Dissolve on Death or Insolvency template is available in MS Word format, and is fully editable to fit your specific circumstances.