Durante, Bock & Tota PLLC 914-245-6060
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Personal Injury
Family Law / Matrimonial
Business Law
Criminal Law / V&T
Landlord Tenant Law
Wills / Trusts / Estates / Probate
Collaborative Law Information
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Attorney Information
Aaron C. Bock, Esq.
Daniel R. Tota, Esq.
Albert J. Durante, Esq.
Melissa A. D'Ippolito, Esq.
Christine M. Murphy, Esq.
Robert J. Hoffman, Esq. Of-Counsel
Ingrid E. O'Sullivan, Esq. Of-Counsel
Angelo G. MacDonald, Esq. Of-Counsel
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2000 Maple Hill Street, Suite 206, Yorktown Heights, NY 10598

Partnership and Shareholder Agreement

If you are entering a small business as a partner then one of the most important things that you must do is to prepare a partnership or shareholder agreement. This agreement will explicitly detail the relationship between you and your partner as well as other obligations and contributions to the partnership that must be made. There are numerous different elements that must be addressed in this agreement; the following are a few of the many issues that you should address in your agreement:

  • Name and address of the partnership or company
  • The partners' contributions that will be required
  • The partners' compensation
  • The partnership's bank account information
  • Work hours and vacation/sick time arrangements
  • Buy-Sell agreement
  • Duration of the partnership, if there is a set termination date, or a clause explaining how the partnership will exist until all partners agree to dissolve, or a partner dies.
  • Disposition of partnership's name if one partner leaves

There are many other issues that are recommended to be addressed in this agreement. If you are facing this issue then it is vitally important for you to retain skillful legal assistance in preparing this agreement in order to minimize contestation of the agreement in the future for the good of your partnership.

Preparing a partnership agreement?

If you are preparing a partnership and/or shareholder agreement then you will greatly benefit from the legal assistance of a Yorktown Heights business law attorney from Durante, Bock & Tota, PLLC. Our firm has the skillful representation that you need on your side in order to maximize your chances of achieving your goals and desires regarding the outcome of this case and for the future of your business. Our legal team has over 100 years of combined experience and a long history of success in the cases that we handle as well as many satisfied clients whom we have represented in the past. Contact our firm for legal assistance in your case today.