Alaska Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. Date: [Date] Parties: 1. DAHLIA Holdings, Inc. with its principal place of business at [Address] ("DAHLIA Holdings") 2. Decade Aircraft Holdings, Inc. with its principal place of business at [Address] ("Decade Aircraft Holdings") Background: This Limited Partnership Agreement ("Agreement") establishes a limited partnership between DAHLIA Holdings and Decade Aircraft Holdings pursuant to the laws of the state of Alaska. Terms and Conditions: 1. Name: The limited partnership shall be known as the Alaska Sample Limited Partnership. 2. Purpose: The purpose of the partnership shall be to jointly engage in the [specific purpose of the partnership, e.g., aircraft manufacturing business]. 3. Capital Contribution: DAHLIA Holdings shall contribute a total of [dollar amount] in cash, assets, or a combination thereof, to the partnership, hereinafter referred to as the Capital Contribution. Decade Aircraft Holdings shall contribute a total of [dollar amount] in cash, assets, or a combination thereof, to the partnership, hereinafter referred to as the Capital Contribution. The partners' respective rights, interests, and obligations in the partnership shall be proportional to their Capital Contributions. 4. Profits and Losses: The profits and losses of the partnership shall be allocated to the partners according to their ownership interests in the partnership, as defined by their Capital Contributions. 5. Management: DAHLIA Holdings shall act as the general partner and shall manage the day-to-day operations of the partnership. Decade Aircraft Holdings shall act as the limited partner and shall have no authority to participate in the management of the partnership. 6. Dissolution: The partnership shall be dissolved upon the occurrence of the following events: expiration of a fixed term, withdrawal of any partner, or the unanimous consent of the partners. Upon dissolution, the partnership's assets shall be liquidated and distributed among the partners in proportion to their ownership interests, after settling any outstanding liabilities. 7. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the state of Alaska. Any disputes arising from or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts located in the state of Alaska. This Alaska Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. outlines the terms and conditions governing the partnership, including the contributions, profit allocations, management structure, and dissolution provisions. It aims to establish a legally binding and mutually beneficial arrangement between the parties involved in the Alaska Sample Limited Partnership. Note: It is essential to consult legal professionals and adapt the above description to fit the specific needs and requirements of the partnership agreement. The provided information is for illustrative purposes only and does not constitute legal advice. Different types of Alaska Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations in capital contribution amounts, profit allocation structures, governance roles and responsibilities, additional clauses addressing specific industry regulations or contingencies, or any other modifications necessary to suit the unique circumstances of the partnership.
Alaska Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.
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