Subject to any other provisions of this Agreement, the net profits and losses of the Partnership, for both accounting and tax purposes, will accrue to and be borne by the Partners in equal proportions, unless an Additional Capital Contribution has been made which changed the Initial Capital Contribution proportions of the Partners in which case each Partner will share in the net profit and losses of the Partnership in proportion to the new Capital Contributions (the "Profit and Loss Distribution"). Decisions regarding the distribution of profits, allocation of losses, and the requirement for Additional Capital Contributions as well as all other financial matters will be decided by a unanimous vote of the Partners. No borrowing charge or loan interest will be due or payable to any Partner on their agreed Capital Contribution inclusive of any agreed Additional Capital Contributions. Any Additional Capital Contributions made by any Partner will be credited to that Partner's individual Capital Account. An individual capital account (the "Capital Accounts") will be maintained for each Partner and their Initial Capital Contribution will be credited to this account. No Partner will withdraw any portion of their Capital Contribution without the express written consent of the remaining Partners. Such debts may have preference or priority over any other payments to Partners as may be determined by a majority of the Partners. This liability will not entitle the lending Partner to any increased share of the Partnership's profits nor to a greater voting power. This liability will be repaid with interest at rates and times to be determined by a majority of the Partners within the limits of what is required or permitted in the Act. Any advance of money to the Partnership by any Partner in excess of the amounts provided for in this Agreement or subsequently agreed to as Additional Capital Contribution will be deemed a debt owed by the Partnership and not an increase in Capital Contribution of the Partner. If an individual Partner is unwilling or unable to meet the additional contribution requirement within a reasonable period, as required by Partnership business obligations, then by a unanimous vote of the Partners the remaining Partners may contribute in proportion to their existing Capital Contributions to resolve the amount in default. When the Partnership requires additional capital, each Partner will have the opportunity to make an Additional Capital Contribution in proportion to that Partner’s share of the total Capital Contributions to the Partnership. No Partner will be required to make an Additional Capital Contribution. The capital contribution of a Partner comprises that Partner’s Initial Capital Contribution and any additional capital contribution (the “Additional Capital Contribution”) made by that Partner to the Partnership at a later date (together the “Capital Contribution”). All Partners must contribute their respective Initial Capital Contributions fully by August 2, 2023. Each of the Partners has contributed or will contribute to the capital of the Partnership, in cash or property or in non-monetary contributions in agreed upon value, as follows (the “Initial Capital Contribution"):. The principal office of the business of the Partnership will be located at _ or such other place as the Partners may from time to time designate. The Partnership will begin on August 2nd, 2023 and will continue until terminated as provided in this Agreement. 
The purpose of the Partnership will be: _.
The firm name of the Partnership will be: _.The rights and obligations of the Partners will be as stated in the applicable legislation of the State of Alabama (the 'Act') except as otherwise provided in this Agreement. By this Agreement the Partners enter into a general partnership (the "Partnership") in accordance with the laws of the State of Alabama.IN CONSIDERATION OF and as a condition of the Partners entering into this Agreement and other valuable consideration, the receipt and sufficiency of which consideration is acknowledged, the parties to this Agreement agree as follows: This Agreement sets out the terms and conditions that govern the Partners within the Partnership.The Partners wish to associate themselves as partners in business._ of _, and _ of _ (individually the "Partner" and collectively the "Partners"). THIS PARTNERSHIP AGREEMENT (the "Agreement") made and entered into this _ day of _, _ (the "Execution Date"), BETWEEN:
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