2. A Partnership Agreement is a contract between two or more individuals who would like to manage and operate a business together in order to make a profit.Each Partner shares a portion of the partnership's profits and losses and each Partner is personally liable for the debt and obligations of the Partnership.. One benefit of a Partnership is that Partnership income is only taxed once. sample mentoring partnership agreement This is to be used after your initial conversations with your mentee. This agreement requires both mentor and mentee to engage in open and honest communication while respecting each other’s confidential information. 1. A non-professional template may look sketchy and thus it may not be admissible in solving any disputes in the future. For the agreement to be valid, it is essential for business partners to choose a professional template. It is important to make a clear agreement for the mentoring relationship. Mentorship Agreement Template The purpose of this template is to assist you in documenting mutually agreed upon goals and parameters that will serve as the foundation for your mentoring relationships. The exact shape and nature of mentoring relationships is determined by the mentor and mentee involved. While mentors and mentees may find mentorship agreements to be useful, they are optional. Prior to termination of the PARTNERSHIP, all PARTNERS are to be advised, in writing, that termination is being considered, no fewer than [NUMBER] days before the termination may transpire. Mentor Confidentiality Agreement A successful mentor-mentee partnership is based on trust, honesty, and confidentiality. It is a mutually agreed upon contract, signed by both parties. Sample Partnership Agreement THIS PARTNERSHIP AGREEMENT is made this _____ day of _____ 2XXX , by and between Partner 1 and Partner 2. Depending on the issue/problem/need, not all mentoring relationships will need an agreement. 7) Cancellation Policy Coaching is partnership (defined as an alliance, not a legal business ... mentoring, evaluation, and for coach professional development and/or consultation purposes. Simple Partnership Agreement Template The mentoring partnership is a two-way relationship that relies upon trust and a mutual benefit being provided to both parties. Partnership* Agreement (sample) Page 3 of 8 Impact Statement Please answer questions related to the partnership’s potential impact. Each party will need to make a contribution by meeting their obligations and commitments and being prepared Sample Agreement - MentorME. Please provide some background about your organization’s Mission/Vision/Beliefs as it relates to partnering and/or corporate social responsibility. This agreement can also be referred to as a standard partnership agreement. 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