DIY Legal Forms

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Agreement Extending Partnership Term

1. Introduction. Agreement to extend the duration of [name of partnership] (Partnership) made [date] among [name], residing at [address], [name], residing at [address], and [name], residing at [address], being all of the Partners of Partnership.

2. Recital of Partnership Agreement. On [date], [names of Partners] entered into the annexed Partnership Agreement [omitted] that by its terms will terminate on [date]. They now wish to continue Partnership.

3. Extension of Partnership. The Partners will continue as Partners under the terms of the Partnership Agreement for an additional period of [number] years, from [date] to [date].

[Alternative Paragraph]

3. Extension of Partnership. The Partners will continue as Partners under the terms of the Partnership Agreement up to and including [date].

[signatures]

Partners

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)