Admission of New Partner

Contract for the admission of new partner to an existing partnership or limited liability partnership

(PRWEB) March 20, 2005 -- The UK Legal Documents Company, NetLawMan Ltd (http://www.netlawman.co.uk) is offering Legal Documents and Legal Advice for purchasers who purchase documents from NetLawman.

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Netlawman provides a link to download Admission of New Partner contract at http://www.netlawman.co.uk/bizdoc/new-partner.php

This document will be used by Partners in an ordinary partnership or a limited liability partnership wishing to take in one or more partners without preparing a new partnership deed.

Basically this is a simple agreement whereby the old and new partners are joined in the terms of the original partnership deed. The old partners give an indemnity against problems, which might arise in connection with the time before the introduction of the new partners.

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