England & Wales
Limited liability partnership agreement
This limited liability partnership agreement (LLP) is suitable in terms of the applicable legislation in each UK jurisdiction (England and Wales, Scotland and Northern Ireland). It provides a contractual framework under which the members should conduct themselves at all times. The agreement includes provisions in relation to the key elements that define an LLP such as management, finances and member regulation. In addition, the agreement offers many optional clauses such as those in relation to insurance, maternity, paternity and adoption leave. This document is suitable for small to medium sized limited liability partnerships of no more than 20 members. Please note that this can only be used for LLPs consisting of individual members, and not companies or other LLPs.
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As part of this service, Nelsons will complete a Limited Review which will include reviewing the answers you input to the system, answering any reasonable questions you may have and making minor changes required to ensure you receive a document that is suitable your requirements based on the answers you gave the system. The time we spend on your document is limited, but designed to fit most people’s needs. Should your document require significant extra work, we will provide you with a quote for the additional work.
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