Kings New York Partnership is a legally binding agreement between two partners, wherein one partner commits to working full-time for the partnership, while the other partner commits to working part-time. This partnership agreement outlines the roles, responsibilities, and obligations of each partner, ensuring a clear division of labor and a smooth functioning of the business. In this type of partnership agreement, the partner who works full-time dedicates their undivided attention and efforts towards the partnership's operations, while the part-time partner contributes on a part-time basis, balancing the partnership duties with their other commitments. This arrangement allows for flexibility, accommodating partners who may have additional professional or personal pursuits. The Kings New York Partnership Agreement with One Partner to Work Full Time and the Other Partner to Work Part Time can have various names, depending on the specific arrangement and the nature of the business. Some possible names for such partnership agreements could be: 1. Kings New York Full-Time and Part-Time Partnership Agreement 2. Kings New York Flexi-Work Partnership Agreement 3. Kings New York Dual Commitment Partnership Agreement 4. Kings New York Time-Bound Partnership Agreement 5. Kings New York Balanced Partnership Agreement Regardless of the name, the core purpose of this type of partnership agreement remains the same — to establish a fair and equitable working arrangement between partners, ensuring the effective management and success of the business venture.