GENERAL PARTNERSHIP AGREEMENT

GENERAL PARTNERSHIP AGREEMENT

Contract Date: [Day/Month/Year]
Contract No: [Number, if any]

This Partnership Agreementbetween the parties whose details are given below, Articles 620 to 645 of the Turkish Code of Obligations No. 6098 and related legislation , and defines the operating principles of the partnership and the mutual rights and obligations of the parties.

1. PARTNERS

Partner 1:

• Name/Title: [Common Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Common Address 1]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

Partner 2:

• Name/Title: [Common 2 Names]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Common Address 2]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

The parties will be referred to as "Partner" or "Partners" in this agreement .

2. SUBJECT AND PURPOSE OF THE AGREEMENT

This agreement governs the rights and obligations of the Partners in establishing a general partnership in accordance with the [Purpose of the Partnership]

• Partnership activity area: [For example, software development, consulting, construction, trade, etc.]
• Partnership headquarters: [Address]
• Partnership duration: [Must be specified; indefinite or for a specific period]

3. CAPITAL AND PROFIT-LOSS SHARING

3.1 Partners' Capital Contributions
Partners undertake to contribute capital to the partnership in the following ways:

• Partner 1: [X TL cash / real estate / vehicle / labor / intellectual property]
• Partner 2: [X TL cash / real estate / vehicle / labor / intellectual property]

Partners must make decisions by unanimous vote.

3.2 Profit and Loss Distribution

• The partnership's profits will be distributed in the following proportions:
  • Partner 1: % [X]
  • Partner 2: % [X]
• If the partnership incurs losses, those losses will be shared in the proportions specified above.

4. PARTNERS' AUTHORITIES AND RESPONSIBILITIES

4.1 Management and Representation Authority

• [Partner 1 or Partner 2] has the authority to represent and manage the partnership.
• Contracts, expenses, and borrowings made on behalf of the partnership require the unanimous approval of the partners / partners have the right to make individual decisions up to a certain limit [e.g., up to X TL].

4.2 Individual Responsibilities of Partners

• Partners jointly and severally liable .
• One partner is/is not required to consult with the other partners.

5. PARTNERSHIP REVENUES AND EXPENSES

• The partnership's operating expenses, tax liabilities, and other costs from the partnership's income .
• Partners undertake to make additional payments in proportion to their contributions.

6. TERMINATION AND SEPARATION CONDITIONS OF THE PARTNERSHIP

6.1 Termination of Partnership
The partnership shall terminate in the following circumstances:

• Contract expiration (if any).
• Death or bankruptcy of one of the partners.
• The partners unanimously decided to dissolve the company.
• Termination by court order.

6.2 Withdrawal from Partnership and Acquisition

• If one of the partners wishes to withdraw from the partnership, they must give written notice at least [X] months in advance
• A partner withdrawing from the partnership undertakes to transfer their shares to the remaining partners with priority

7. PRIVACY AND NON-COMPETITION

• Partners may not share partnership information with third parties during the partnership period and for [X years].
• Neither partner may work independently in the same industry or for a competing company.

8. RESOLUTION OF DISPUTES

• Any disputes that may arise between the partners will primarily be attempted to be resolved through negotiation and mediation.
• In disputes that cannot be resolved through negotiation, the [City] Courts and Enforcement Offices have jurisdiction.

9. FINAL PROVISIONS

• This agreement [X] copies and has been read and signed by the parties.
• Neither party may make changes to the terms of this agreement without written notice.
• The parties declare that they accept the terms of this agreement.
• The terms of this agreement shall be governed by the Turkish Code of Obligations and other relevant legislation

PARTNER 1
Name/Title: [Partner 1 Name]
Signature: __________

PARTNER 2
Name/Title: [Partner 2 Name]
Signature: __________