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[Occupation] (\"Partner 3\"),","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"2","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"4","type":"remove","operator":"="}]},{"id":"b29fbd9e-b69f-42b7-870b-2bbb9d3f4cd1","order":10,"text":"(4) Mr [Full name of Partner 4], born on [Date of birth], of [Address], [City], [Postcode], [Occupation] (\"Partner 4\"),","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"2","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"3","type":"remove","operator":"="}]},{"id":"a651cde7-fe1d-4b75-ab58-6578d8cb82ce","order":11,"text":"each a \"Partner\" and together the \"Partners\".","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"f38eb6c7-ed84-4e35-8684-cdb4c117b7bb","order":12,"text":"RECITALS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"15","cflou":false,"active":true},{"id":"f38d0166-d261-4df9-b3f1-a88cb05ac7bd","order":13,"text":"(A) The Partners wish to carry on business together in partnership under the firm name [Firm name] (the \"Firm\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"e52781cf-1bed-4f02-b3cc-b9487351b1d3","order":14,"text":"(B) The business of the Firm shall consist of [Nature of business].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ced662ee-bb7c-425e-88dc-00e120698aa7","order":15,"text":"(C) The Partners wish to record the terms upon which they shall conduct the 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DEFINITIONS AND INTERPRETATION","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S01"},{"id":"7d41e690-edd5-4904-a3a9-a153f165d0c3","order":18,"text":"1.1 In this Agreement, unless the context otherwise requires:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"f649d113-db4b-46a7-919c-e92d1aa68b51","order":19,"text":"\"Accounts\" means the annual accounts of the Firm prepared in accordance with clause 10;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"3767bc45-cd23-4c09-8f43-b54ec60f3da6","order":20,"text":"\"Business Day\" means any day other than a Saturday, Sunday or public holiday in England and Wales;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"01ab7cd6-76a6-4c01-89f6-c664c9de5896","order":21,"text":"\"Capital\" means the capital of the Firm contributed by each Partner pursuant to clause 7;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"08a1a3d7-29a1-4c38-b3d7-93afa7635411","order":22,"text":"\"Effective Date\" means the date set out at the head of this Agreement;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"3ce948c0-f315-484a-a8a3-7a485fe97b12","order":23,"text":"\"Outgoing Partner\" means a Partner who retires, is expelled, dies or otherwise ceases to be a Partner;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"deb397a7-74b3-4bf7-a444-866b38e9704c","order":24,"text":"\"Partnership Act\" means the Partnership Act 1890.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"636e3dd6-17e6-44d7-8dec-713cd55bd1dc","order":25,"text":"1.2 References to clauses are to clauses of this Agreement. Headings are for convenience only and shall not affect interpretation.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"3808beac-58dc-4caf-a82c-a38b8a2e1914","order":26,"text":"1.3 Words importing the singular include the plural and vice versa, and references to any gender include all genders.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"d0455c1c-fd23-43c4-9bec-d4769f5e1328","order":27,"text":"2. FORMATION AND COMMENCEMENT","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S02"},{"id":"f7c8be20-564e-4a32-acc9-100dbb8ce5ca","order":28,"text":"2.1 The Partners hereby agree to carry on business together in partnership upon the terms set out in this Agreement, with effect from [Commencement date] (the \"Effective Date\").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"1e52ffc6-d127-4cee-9e23-d9e3002e9997","order":29,"text":"2.2 Save as expressly modified by this Agreement, the partnership shall be governed by the provisions of the Partnership Act 1890.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"71d91534-04b9-4bb4-996d-161b4b5c3f4b","order":30,"text":"3. FIRM NAME","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S03"},{"id":"035d6042-87f4-4d02-a159-0f7297ac7888","order":31,"text":"3.1 The Firm shall trade under the name \"[Firm name]\" or such other name as the Partners may unanimously agree in writing from time to time.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"1e0f27f4-9d91-4167-aece-fa926c283737","order":32,"text":"3.2 The goodwill in the firm name shall belong to the Firm and shall not be appropriated by any Partner upon retirement, expulsion or dissolution save in accordance with this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"bb41814d-495d-486a-8947-7fec95ddbd4b","order":33,"text":"4. 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DURATION","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S06"},{"id":"f79ca032-2504-4bab-b290-98b90019346f","order":39,"text":"6.1 The partnership shall be a partnership at will, commencing on the Effective Date and continuing until determined in accordance with this Agreement or as otherwise provided by law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"17683008-f159-4f72-8c85-d9a712424236","order":40,"text":"7. 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PROFITS AND LOSSES","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S08"},{"id":"e39e9ca0-46d5-4205-99c5-4a4fe1b1aa01","order":52,"text":"8.1 The net profits and losses of the Firm shall be divided between and borne by the Partners equally, share and share alike.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"custom","type":"remove","operator":"="}]},{"id":"1b4d2b63-e8f6-47a9-899f-a0732444ac65","order":53,"text":"8.1 The net profits and losses of the Firm shall be divided between and borne by the Partners in the following proportions:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="}]},{"id":"77e60a03-89bd-4bcd-ad38-d07b42ff052e","order":54,"text":"(a) Partner 1: [Pct P1]%;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="}]},{"id":"731d5eeb-6c84-45c5-bd99-3940466c4cda","order":55,"text":"(b) Partner 2: [Pct P2]%;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"2","type":"remove","operator":"="}]},{"id":"90b78bc1-faa0-4fee-9fd6-67f6f8031d99","order":56,"text":"(b) Partner 2: [Pct P2]%.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"3","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"4","type":"remove","operator":"="}]},{"id":"a499ccd7-5449-47c8-b83a-98e39fd38178","order":57,"text":"(c) Partner 3: [Pct P3]%;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"2","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"3","type":"remove","operator":"="}]},{"id":"0fcdd1f9-9a97-4667-b618-b6df2156326f","order":58,"text":"(c) Partner 3: [Pct P3]%.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"2","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"4","type":"remove","operator":"="}]},{"id":"23e284d9-5d40-4acb-97aa-f295607a606a","order":59,"text":"(d) Partner 4: [Pct P4]%.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"14e7c47c-d753-45f9-9599-2d1238fe419d","value":"equally","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"2","type":"remove","operator":"="},{"field":"3d59d0f8-9fc7-40f6-81bc-900892dd4316","value":"3","type":"remove","operator":"="}]},{"id":"c1830889-e213-4cc6-b631-14c5706d196f","order":60,"text":"8.2 The accounting reference date of the Firm shall be 31 March in each year, or such other date as the Partners may unanimously agree.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"ac6d37ca-f275-413b-a152-0428821c498a","order":61,"text":"8.3 As soon as practicable after each accounting reference date, the Accounts shall be drawn up by the Firm's accountants and submitted to the Partners for approval. Once approved, the Accounts shall be binding on the Partners save in the case of manifest error.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"14925bef-0e70-430e-ab7e-a42dad066ee0","order":62,"text":"9. DRAWINGS","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S09"},{"id":"c3883533-19d0-49e8-aab8-f4b0074d2c55","order":63,"text":"9.1 Each Partner shall be entitled to draw on account of his or her share of the profits of the Firm a sum not exceeding £[Drawings amount] per calendar month, or such other amount as the Partners may unanimously determine in writing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"49754dc5-8540-4d0a-af0d-8537a44a35fe","order":64,"text":"9.2 If, upon the drawing up of the Accounts, it appears that any Partner has drawn more than his or her share of the profits, that Partner shall forthwith repay the excess to the Firm.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"5185c677-ac0f-4950-bef6-bad655fb2a1c","order":65,"text":"10. PARTNERSHIP BOOKS AND ACCOUNTS","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S10"},{"id":"6546a030-aeaa-42a7-8344-4af49d4c51bc","order":66,"text":"10.1 Proper books of account shall be kept at the principal place of business of the Firm and shall at all reasonable times be open to the inspection of every Partner.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"88cb067e-686f-4be3-95a8-a5291fa47993","order":67,"text":"10.2 The Firm shall instruct chartered accountants to prepare the Accounts in accordance with applicable accounting standards in force in the United Kingdom.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"45cc952c-0018-40b1-9c3e-2ccbfd5f88c6","order":68,"text":"11. BANKING","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S11"},{"id":"ebf2911f-e452-4410-ac3c-11663c484173","order":69,"text":"11.1 All monies of the Firm shall be paid into a current account opened in the name of the Firm with [Bank name] at [Bank branch], or such other bank as the Partners may unanimously agree.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"6e5b3d99-7c41-4689-b1e5-90d003d97979","order":70,"text":"11.2 All cheques and other instruments drawn on the Firm's bank account shall be signed by any two Partners, save in respect of payments not exceeding £1,000 which may be signed by any one Partner.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"e4ab6df5-5ae6-4221-b496-4cd7175826b0","order":71,"text":"12. MANAGEMENT AND DECISIONS","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S12"},{"id":"2aac66bc-99fd-4656-89da-2b6ea9b12117","order":72,"text":"12.1 Subject to clause 13, all decisions in connection with the conduct of the business of the Firm shall be taken by a simple majority of the Partners, each Partner having one vote.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"0d84bdbc-f900-4868-a8d6-b2e58b083eaa","order":73,"text":"12.2 In the event of an equality of votes, the matter shall stand referred to mediation before any further action is taken; no Partner shall have a casting vote.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"bd493e95-ffee-4c36-bc0b-cfe58d018a37","order":74,"text":"12.3 The Partners shall meet at least once every calendar month at the principal place of business of the Firm, or at such other place and on such other date as the Partners may agree.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"3b12f95d-ec49-4281-88db-17345e5fdb80","order":75,"text":"13. MATTERS REQUIRING UNANIMITY","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S13"},{"id":"e411a5ff-2690-45ce-8bd7-293743f3060e","order":76,"text":"13.1 No decision shall be taken in respect of any of the following matters save with the unanimous consent in writing of all Partners:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"81537b0e-594e-48fe-bde4-70822196902c","order":77,"text":"(a) any change to the firm name or to the nature of the business of the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"e17828e6-b80c-4063-9f32-193b1fea77e9","order":78,"text":"(b) the admission of a new partner to the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"7994bcb6-4974-4c8d-b98a-1304ccbb3d77","order":79,"text":"(c) the borrowing of money in the name of the Firm in excess of £25,000;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"d5de0017-5274-400f-9d77-6a4de770d5f4","order":80,"text":"(d) the giving of any guarantee, indemnity or security in the name of the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"1852ed71-28e6-4c21-815f-2db571722931","order":81,"text":"(e) the acquisition or disposal of any asset of the Firm having a value in excess of £25,000;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"437ba55f-c041-4a90-ac5f-14dd0c560519","order":82,"text":"(f) the commencement, settlement or compromise of any litigation in the name of the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"6a526210-e956-4059-86f1-5af79e2044c9","order":83,"text":"(g) any amendment to this Agreement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"42ae5cef-a91d-49f6-9cdf-20db38d46cc4","order":84,"text":"14. RESTRICTIONS ON THE PARTNERS","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S14"},{"id":"b055a46f-e7c2-4f76-b038-dfdf221f4f28","order":85,"text":"14.1 No Partner shall, without the prior written consent of all other Partners:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"49adbc6c-f0ad-43ca-ae58-24f4433f014b","order":86,"text":"(a) engage, directly or indirectly, in any business other than that of the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"6cff419e-3ecb-4015-8742-41e2921da9d0","order":87,"text":"(b) lend any money belonging to the Firm or use the Firm's credit otherwise than in the ordinary course of business;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"b5992f15-e3a2-4d5b-be34-88702771a392","order":88,"text":"(c) assign, charge or otherwise dispose of his or her share or interest in the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"5ad06e73-fc4a-49e4-a009-47d82e9b1e39","order":89,"text":"(d) take, employ or dismiss any employee of the Firm earning in excess of £40,000 per annum;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"c64eae41-ac1c-4413-90d1-098956d7a6cc","order":90,"text":"(e) compromise or release any debt due to the Firm exceeding £5,000.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"5bb898a0-cfd6-4652-bc55-a32ae81d7ccc","order":91,"text":"15. RETIREMENT OF A PARTNER","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S15"},{"id":"126f4f7f-8d08-4796-a55b-5abe89667a2f","order":92,"text":"15.1 Any Partner may retire from the Firm by giving not less than [Notice period] months' notice in writing to the other Partners, such notice to expire on the last day of a calendar month.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"897dc7a0-131c-41e3-abbe-2c1136e9c415","order":93,"text":"15.2 Upon retirement, the Outgoing Partner shall be entitled to receive the amount standing to the credit of his or her capital and current accounts as at the date of retirement, together with his or her share of the profits up to that date, payable in accordance with clause 18.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"deac2c29-ce3f-48f2-bf32-277d6c50688a","order":94,"text":"15.3 The continuing Partners shall have the option, but not the obligation, to purchase the Outgoing Partner's share of the goodwill of the Firm at fair value, such value to be determined by the Firm's accountants acting as experts and not as arbitrators.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"2ceb4e00-eb51-4555-9657-7dad11ffd7d7","order":95,"text":"16. EXPULSION OF A PARTNER","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S16"},{"id":"e576aacf-3b6f-4189-9e69-6c87a9b29dad","order":96,"text":"16.1 If any Partner:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"1c299a16-80b6-484f-bf6b-2b9badf963aa","order":97,"text":"(a) commits any material or persistent breach of this Agreement and fails to remedy such breach within thirty (30) days of being required so to do in writing by any other Partner;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"e1745bda-acf4-49e6-8ec5-9784b5d20342","order":98,"text":"(b) becomes bankrupt or enters into any composition or arrangement with his or her creditors;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"8fc2e4a5-d2e0-448b-8093-76dc56448504","order":99,"text":"(c) is convicted of any indictable offence (other than a road traffic offence not punishable by imprisonment);","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"93ed110f-abae-487e-b6fc-c344cd41e750","order":100,"text":"(d) is struck off, suspended or otherwise ceases to be entitled to practise any profession the practice of which is necessary for the proper conduct of the business of the Firm; or","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"2feca502-aa2c-4c9d-8658-ecd8ce199189","order":101,"text":"(e) becomes incapable of carrying out his or her duties under this Agreement by reason of mental disorder,","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"a358491f-73ee-486c-bad3-0a4a5eb16c4b","order":102,"text":"the other Partners may, by notice in writing served upon that Partner, expel him or her from the Firm with immediate effect.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"c464244f-ac24-4af0-997d-27ddda9f0dae","order":103,"text":"16.2 An expelled Partner shall be entitled to receive the same payments as an Outgoing Partner under clause 15.2, but shall not be entitled to any share of goodwill save with the consent of all the continuing Partners.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"4c7b91ad-0fbd-4f90-a917-cc4385f1a580","order":104,"text":"17. DEATH OR INCAPACITY","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S17"},{"id":"3b2cf6d8-022a-4221-8703-b738e68eb24a","order":105,"text":"17.1 Notwithstanding section 33 of the Partnership Act 1890, the death or permanent incapacity of any Partner shall not dissolve the partnership as between the surviving or continuing Partners, who shall be entitled to continue the business of the Firm under the same firm name.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"b14b8593-9791-4c98-9cae-7de7aa7e93d1","order":106,"text":"17.2 The personal representatives of a deceased Partner, or the receiver or other person duly appointed in respect of an incapacitated Partner, shall be entitled to receive the amounts payable to an Outgoing Partner under clause 15.2.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"fcdded46-071a-40e3-a4e5-16e2a35f174c","order":107,"text":"18. DISSOLUTION AND WINDING-UP","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S18"},{"id":"b1e809bb-71ad-4fbd-a690-8f4202e8c751","order":108,"text":"18.1 The partnership shall be dissolved upon:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"0b9a0913-23d7-4fcf-b0a9-64641738306d","order":109,"text":"(a) the unanimous agreement in writing of all the Partners;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"3f77dd5d-44f0-47ba-8c9c-7e7a3024315d","order":110,"text":"(b) the number of Partners falling below two; or","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"2f006321-c426-406f-bd59-bc6844c73cc0","order":111,"text":"(c) any event which renders the carrying on of the business of the Firm unlawful.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"e86b2174-164f-48e6-ac1e-cf6d3cdcfaab","order":112,"text":"18.2 Upon dissolution, the assets of the Firm shall be applied in accordance with section 44 of the Partnership Act 1890, namely: first, in payment of the debts and liabilities of the Firm to persons who are not Partners; second, in payment to each Partner rateably of what is due from the Firm to that Partner for advances as distinguished from capital; third, in payment to each Partner rateably of what is due from the Firm to that Partner in respect of capital; and finally, in payment to the Partners of any ultimate residue in the proportions in which profits are divisible under clause 8.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"12ea999c-a086-4a44-bd97-a1d8a724f9c0","order":113,"text":"18.3 The Partners shall use their best endeavours to procure that the winding-up is carried out as expeditiously as possible.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"552b9366-6b3b-49dd-9c07-fb593f1520ce","order":114,"text":"19. RESTRICTIVE COVENANTS","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S19"},{"id":"f75aac12-1b08-45c0-b260-fc2dcaa39f9c","order":115,"text":"19.1 Each Partner covenants with the other Partners and with the Firm that he or she shall not, for a period of [Restriction period] months following the date upon which he or she ceases to be a Partner, whether on his or her own account or on behalf of any other person, firm or company:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"d018e447-790c-49a3-abfa-36c08cb40017","order":116,"text":"(a) carry on or be engaged, concerned or interested in any business which competes with the business of the Firm within a radius of [Radius miles] miles of the principal place of business of the Firm;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"a9c1fe0f-7f54-4dc1-ac28-e3cbb4f9727e","order":117,"text":"(b) solicit the custom of any person, firm or company who was a client of the Firm at any time during the twelve (12) months immediately preceding such cessation;","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"76f8899d-a967-4605-a7f0-8c4a27795e6c","order":118,"text":"(c) entice away or endeavour to entice away from the Firm any employee or partner of the Firm.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"c01be9a7-0737-4051-b15b-ea2515ef93b3","order":119,"text":"19.2 The Partners acknowledge that the restrictions in this clause 19 are reasonable and necessary for the protection of the legitimate business interests of the Firm. 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NOTICES, GOVERNING LAW AND ENTIRE AGREEMENT","fontSize":"15","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S20"},{"id":"117eb07d-a759-4c40-88c9-1ab18449ce1e","order":121,"text":"20.1 Any notice given under this Agreement shall be in writing and shall be delivered by hand or sent by first-class pre-paid post or by email to the address or email address of the relevant Partner most recently notified to the Firm.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"8","cflou":false,"active":true},{"id":"664956d8-8d98-4df7-97a5-1517b0fc5e37","order":122,"text":"20.2 This Agreement shall be governed by and construed in accordance with the laws of England and Wales, and each Partner irrevocably submits to the exclusive jurisdiction of the courts of England and Wales in respect of any dispute arising out of or in connection with this 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