home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
The Business Master (3rd Edition)
/
The Business Master (3rd Edition).iso
/
files
/
legaegal
/
legal1
/
lharc1.exe
/
8160.BLD
< prev
next >
Wrap
Text File
|
1993-01-06
|
1KB
|
47 lines
#8160
@001 Enter the names of the general partners:
@860 Enter the name of the limited partnership:
@002 Enter the names of the limited partners:
#end control section
#8160
/* Para. 8160 Indemnity to general partners */
ADDENDUM TO THE @860 LIMITED PARTNERSHIP AGREEMENT
@001, constituting all of the general partners of the @860
limited partnership and @002, constituting all of the limited
partners of @860, agree:
The general partners shall be indemnified by the partnership from
all liability related to their actions taken on behalf of the
limited partnership, provided that the actions to be indemnified
were undertaken in good faith, and do not constitute criminal
acts or any act of intentional misconduct.
In the event that a dispute occurs between the limited
partnership and a partner as to whether or not an action is
properly subject to this indemnity the dispute shall be submitted
to arbitration before a single arbitrator under the rules of the
American Arbitration Association. Any decision rendered by the
arbitrator shall be final and may be entered as a judgment in any
court having jurisdiction.
Dated: ________________________________
Limited partners:
General partners: