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Partnership Agreement
Create a New York-compliant Partnership Agreement for content creators. Protect assets, ensure FTC/DMCA compliance, and satisfy NY SHIELD Act requirements.
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In the New York creator economy, a handshake isn't enough to protect your digital brand. Whether you are co-managing a content calendar or splitting affiliate revenue, you need a robust Partnership... Read more
Customize your Partnership Agreement
8 fields · Takes about 2 minutes
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Customize your Partnership Agreement
8 fields · Takes about 2 minutes
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[FTC Disclosure & Content Vetting Process]
Defines the legal name of the partnership and the type of business activities it will engage in. This is crucial to clearly establish the identity and scope of operations of the partnership.
Specifies the main office or business location from which the partnership operates. This is necessary for legal notifications and jurisdiction purposes.
Indicates the duration of the partnership—whether it's at-will or for a specific term. Establishing the term is critical to understanding the partnership’s temporal framework.
Details each partner’s financial, property, and labor contributions to the partnership. This clause is essential for defining the basis of the partnership and resolving disputes about contributions.
Specifies how profits and losses are allocated among partners. Without this clause, state default rules may apply, potentially contrary to the partners' intentions.
Describes how the partnership will be managed and the decision-making authority of each partner. This clause is crucial to prevent misunderstandings about control and management.
Outlines the extent to which partners will be liable for the partnership's debts, and whether they will indemnify the partnership or each other. Important to delineate individual liabilities.
Provides the procedures for what happens if a partner withdraws or dies, including buyout provisions. Ensures continuity or a structured dissolution of responsibilities and assets.
Specifies methods for resolving disputes, such as mediation or arbitration. Preempts potential litigation by providing a clear path for resolving disagreements.
Describes how amendments to the agreement can be made—typically by a majority or unanimous vote. Ensures that changes to the partnership can be properly enacted.
Outlines the process for dissolving the partnership and distributing remaining assets. Critical for outlining closure procedures and preventing chaos during dissolution.
In the New York creator economy, a handshake isn't enough to protect your digital brand. Whether you are co-managing a content calendar or splitting affiliate revenue, you need a robust Partnership Agreement that addresses the NY SHIELD Act for data security and New York General Obligations Law § 5-701 for enforceability. This agreement mitigates risks associated with sponsorship disclosure violations and copyright strikes while laying a clear foundation for profit sharing and management, ensuring your creative venture is legally fortified against defamation claims and intellectual property disputes.
The agreement includes mandated clauses requiring all partners to provide clear and conspicuous disclosures in sponsored content as per FTC Endorsement Guides. This mitigates the risk of individual partner actions leading to collective liability for sponsorship disclosure violations.
Yes. Under New York law, if you are doing business under a name other than your own, you must file a Certificate of Assumed Name in the county where you operate. This agreement helps define the 'Principal Office Location' and 'Partnership Name' required for such filings.
This agreement specifically outlines the 'Contribution of Partners' regarding original works and third-party licenses. It establishes who owns the content created and sets protocols for responding to DMCA takedown notices to prevent copyright infringement claims.
Absolutely. It integrates compliance with the NY SHIELD Act for protecting partner/subscriber data and acknowledges the New York City 'Freelance Isn't Free Act' standards for payment terms to ensure all collaborators are treated according to NYC local requirements.
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