Investment Club Partnership Contract
Investment Club Partnership Contract
This contract serves as a binding
agreement among all Partners concerning an investment club, the purpose of
which is to invest assets in stocks using sound financial reasoning. The
investment club shall be called {Name} and
will officially begin on {Date}, to
be renewed every year on {Date}.
Investment
A minimum investment of ${amount} will be required to join,
although the amount may not exceed {amount}%
of the total capital of all Partners. Further investments may be made on a {weekly, monthly, etc.} basis. Partners
shall receive returns or lose profits based on the percentage of their
investment in relation to the rest of the club. Shares are non-transferrable
unless approved by a majority vote from the Partnership.
Meetings
Meetings shall be held on a {monthly, quarterly, etc.} basis at {time} and {place}. During that time, Partners may view the accounts, vote on
a bank or depository for funds, make decisions about withdrawals, and allocate
a broker or bookkeeper. Decisions to admit or terminate a partner, request an
audit, make changes to the contract or transfer funds will require a {percentage} vote to pass.
While the majority vote will
determine the outcome of proposals and disagreements, a Partnership Chairman will
have the power to veto or mediate divisive measures, and will serve as
presiding officer. The Chairman will be elected by majority vote and serve from
{date} to {date}, after which new elections will commence. A Chairman may
serve no more than {number} terms.
Meetings shall adhere to the
following rules:
- Point
- Point
- Point
- Point
Restrictions
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{Name} Investment
Club is restricted to {number} Partners.
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No Partners shall be brokers.
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Partners shall not be compensated for their
contributions or services to the Club
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No Partner shall sell or invest his or her
shares without the approval of the Partnership
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