King Washington Amended Equity Fund Partnership Agreement for New Fund Hub is a comprehensive legal document that outlines the terms and conditions for a partnership in an equity fund. This agreement sets forth the rights, obligations, and expectations of each partner involved in the fund. The New Fund Hub is an innovative platform that provides a centralized hub for managing and tracking investments in various funds. Key elements included in the King Washington Amended Equity Fund Partnership Agreement for New Fund Hub are as follows: 1. Partnership Structure: This agreement establishes the partnership structure, identifying the partners and their roles. It outlines their capital contributions, profit and loss distribution, and decision-making authority. 2. Term and Termination: The agreement stipulates the duration of the partnership and the conditions under which it can be terminated. It also addresses the procedures for withdrawal or removal of partners. 3. Investment Objectives: The agreement specifies the fund's investment objectives, strategies, and the types of assets that will be considered for investment. It may outline restrictions on certain industries, territories, or asset classes. 4. Capital Contributions: Details of the partners' capital contributions, including the amount and timing, are outlined in the agreement. It may also mention any potential additional contributions required in the future. 5. Management and Decision-making: The agreement defines the roles and responsibilities of partners regarding the management of the fund. It addresses how investment decisions will be made, including voting procedures and the appointment of a fund manager or investment committee. 6. Profit and Loss Allocation: The agreement outlines how the fund's profits and losses will be allocated among the partners. It may specify a preferred return or hurdle rate before profits are distributed and establish a waterfall structure for profit-sharing. 7. Reporting and Disclosure: The agreement requires regular reporting to the partners regarding the fund's performance, financial statements, and investment activities. It may also include provisions for annual audits and the sharing of information among partners. 8. Confidentiality and Non-Compete: The agreement includes provisions to protect confidential information shared among partners and imposes restrictions on competing activities that could be detrimental to the fund. 9. Dispute Resolution: In the event of disputes or disagreements, the agreement will outline the procedures for resolving them, which may include mediation or arbitration. There might be different types or variations of the King Washington Amended Equity Fund Partnership Agreement for New Fund Hub, depending on the specific fund's structure, investment strategy, and targeted investors. These variations could include agreements tailored for venture capital funds, private equity funds, real estate funds, hedge funds, or specific industry-focused funds. Each agreement will have specific provisions and nuances customized to suit the unique nature of the fund and its investors.