Partnership & LLCTexas

Free Texas Partnership Agreement Template

Download a professional Texas Partnership Agreement template. Compliant with the Texas Business Organizations Code. Protect your business interests today.

309 wordsUpdated May 19, 2026

Who is this template for?

Two or more individuals starting a new business venture in Texas who want to define profit sharing and management roles.
Existing business partners looking to formalize their verbal agreement into a legally binding document under Texas law.
Partners seeking to establish clear dispute resolution and exit strategies to avoid future litigation.
Professional service providers (e.g., consultants, architects) forming a general partnership to share resources and liability.

Template Preview

1. PARTIES

This Texas Partnership Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and between [PARTNER A NAME], residing at [ADDRESS], and [PARTNER B NAME], residing at [ADDRESS] (collectively, the "Partners").

2. FORMATION AND NAME

The Partners hereby form a general partnership under the laws of the State of Texas. The business of the partnership shall be conducted under the name [PARTNERSHIP NAME] (the "Partnership"). The principal office of the Partnership shall be located at [OFFICE ADDRESS], or such other place as the Partners may from time to time determine.

3. PURPOSE

The purpose of the Partnership is to engage in the business of [DESCRIBE BUSINESS ACTIVITIES] and to conduct any other lawful business for which a partnership may be organized under the Texas Business Organizations Code.

4. TERM

The Partnership shall commence on the Effective Date and shall continue until terminated as provided in this Agreement or by operation of law.

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