LLP Agreement

LIMITED LIABILITY PARTNERSHIP AGREEMENT This Agreement is executed on [effective_date] for [llp_name] LLP, having its registered office at [registered_office], among the designated partners: [partner_names] 1. BUSINESS The LLP shall carry on the business of: [business_activity] 2. CAPITAL CONTRIBUTION [capital_contribution] 3. PROFIT SHARING Profits and losses of the LLP shall be shared among the partners in the ratio: [profit_sharing_ratio] 4. MANAGEMENT The LLP shall be managed by its designated partners in accordance with this Agreement and the Limited Liability Partnership Act, 2008. 5. ADMISSION AND RETIREMENT OF PARTNERS Admission of a new partner or retirement of an existing partner shall require the written consent of all continuing partners. 6. DISSOLUTION The LLP may be wound up by mutual consent of all partners or as otherwise provided under law. IN WITNESS WHEREOF the partners have executed this Agreement on the date first written above. DESIGNATED PARTNERS [partner_names]