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Missouri Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.

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Multi-State
Control #:
US-EG-9359
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Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc. regarding administration of limited partnership dated November 19, 1999. 13 pages. Missouri Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc.: This limited partnership agreement (Agreement) is entered into between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. (Partners), both entities operating in the state of Missouri. This Agreement outlines the terms and conditions governing the partnership between the parties. The purpose of this limited partnership is to establish a mutually beneficial relationship whereby DAHLIA Holdings, Inc., the General Partner, provides expertise and resources in intellectual property (IP) management, while Decade Aircraft Holdings, Inc., the Limited Partner, contributes capital and other necessary assets towards the achievement of common business goals. The agreement begins with the acknowledgment of the legal capacity of both entities to enter into a partnership and affirms their intentions to create a partnership in accordance with the laws of the state of Missouri. It further outlines the respective roles and responsibilities of each partner. Key elements of the agreement include: 1. Partnership Name and Principal Place of Business: The partnership shall operate under the name "DAHLIA/Decade Aircraft Holdings Limited Partnership" and its principal place of business shall be determined by the General Partner. 2. Duration: The partnership shall continue until dissolved according to the terms outlined in this Agreement or by mutual agreement of the partners. 3. Capital Contributions: Decade Aircraft Holdings, Inc. shall contribute a specified amount of capital as agreed upon, while DAHLIA Holdings, Inc. shall contribute its IP management expertise and resources. 4. Profit and Loss Allocation: The partners agree to allocate profits and losses in proportion to their respective ownership interests in the partnership. 5. Management and Decision Making: DAHLIA Holdings, Inc. shall serve as the General Partner with full authority to manage the partnership's day-to-day operations. Major decisions shall be made collectively, with the General Partner having a controlling vote. 6. Distributions and Withdrawals: Profit distributions shall be made in accordance with the partners' ownership interests, subject to certain conditions outlined within the agreement. 7. Dissolution and Termination: The agreement specifies the conditions under which the partnership may be dissolved and outlines the process for distributing remaining assets upon termination. Additional types of Missouri Sample Limited Partnership Agreements between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations in capital contributions, profit allocation, and duration. For example, a different agreement might have both partners contributing equal capital, or the duration of the partnership might be set for a specific number of years. It is crucial for both parties involved to consult legal counsel and thoroughly review all provisions of the agreement before entering into any formal partnership arrangement.

Missouri Sample Limited Partnership Agreement between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc.: This limited partnership agreement (Agreement) is entered into between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. (Partners), both entities operating in the state of Missouri. This Agreement outlines the terms and conditions governing the partnership between the parties. The purpose of this limited partnership is to establish a mutually beneficial relationship whereby DAHLIA Holdings, Inc., the General Partner, provides expertise and resources in intellectual property (IP) management, while Decade Aircraft Holdings, Inc., the Limited Partner, contributes capital and other necessary assets towards the achievement of common business goals. The agreement begins with the acknowledgment of the legal capacity of both entities to enter into a partnership and affirms their intentions to create a partnership in accordance with the laws of the state of Missouri. It further outlines the respective roles and responsibilities of each partner. Key elements of the agreement include: 1. Partnership Name and Principal Place of Business: The partnership shall operate under the name "DAHLIA/Decade Aircraft Holdings Limited Partnership" and its principal place of business shall be determined by the General Partner. 2. Duration: The partnership shall continue until dissolved according to the terms outlined in this Agreement or by mutual agreement of the partners. 3. Capital Contributions: Decade Aircraft Holdings, Inc. shall contribute a specified amount of capital as agreed upon, while DAHLIA Holdings, Inc. shall contribute its IP management expertise and resources. 4. Profit and Loss Allocation: The partners agree to allocate profits and losses in proportion to their respective ownership interests in the partnership. 5. Management and Decision Making: DAHLIA Holdings, Inc. shall serve as the General Partner with full authority to manage the partnership's day-to-day operations. Major decisions shall be made collectively, with the General Partner having a controlling vote. 6. Distributions and Withdrawals: Profit distributions shall be made in accordance with the partners' ownership interests, subject to certain conditions outlined within the agreement. 7. Dissolution and Termination: The agreement specifies the conditions under which the partnership may be dissolved and outlines the process for distributing remaining assets upon termination. Additional types of Missouri Sample Limited Partnership Agreements between DAHLIA Holdings, Inc. and Decade Aircraft Holdings, Inc. may include variations in capital contributions, profit allocation, and duration. For example, a different agreement might have both partners contributing equal capital, or the duration of the partnership might be set for a specific number of years. It is crucial for both parties involved to consult legal counsel and thoroughly review all provisions of the agreement before entering into any formal partnership arrangement.

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Missouri Sample Limited Partnership Agreement between DAH-IP Holdings, Inc. and DeCrane Aircraft Holdings, Inc.