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SILENT PARTNERSHIP AGREEMENT

This Silent Partnership Agreement (the "Agreement") is entered into as of [Insert Date] (the "Effective
Date"), by and between [Insert Full Name of Active Partner], with an address at [Insert Address of
Active Partner] (the "Active Partner"), and [Insert Full Name of Silent Partner], with an address at [Insert
Address of Silent Partner] (the "Silent Partner").

RECITALS
WHEREAS, the Active Partner is engaged in the business of [Describe Business] (the "Business");

WHEREAS, the Silent Partner wishes to contribute capital to the Business in exchange for a share of the
profits without participating in the day-to-day management of the Business;

NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the
parties agree as follows:

1. CONTRIBUTION
The Silent Partner shall contribute the sum of [Insert Contribution Amount] USD to the Business. This
contribution shall be used solely for the purposes of the Business as determined by the Active Partner.

2. PROFIT SHARING
The Silent Partner shall be entitled to [Insert Percentage] percent of the net profits of the Business. The
net profits shall be calculated annually, after all expenses and liabilities have been deducted from the
Business revenue.

3. MANAGEMENT AND CONTROL

The Silent Partner shall not participate in the management or control of the Business. The Active
Partner shall have sole responsibility for the day-to-day operations and decisions of the Business.

4. LIABILITY
The Silent Partner's liability shall be limited to the amount of their contribution to the capital of the
Business. The Silent Partner shall not be liable for any debts, obligations, or liabilities of the Business
beyond their initial contribution.

5. DATA PRIVACY
Both parties agree to comply with all applicable data protection laws and regulations. The Active
Partner shall ensure that the Business has appropriate measures in place to protect the confidentiality
and security of any personal data it may process.

6. CONFIDENTIALITY
Both parties agree to keep all proprietary information, trade secrets, and business plans related to the
Business confidential during the term of this Agreement and thereafter.

7. TERM AND TERMINATION

This Agreement shall commence on the Effective Date and shall continue until terminated by either
party upon [Insert Number of Days] days' written notice to the other party.

8. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the [governing
jurisdiction], without giving effect to any choice or conflict of law provision or rule.

9. DISPUTE RESOLUTION
Any disputes arising out of or related to this Agreement shall be resolved through final and binding
arbitration conducted in [Insert Location], before a single arbitrator, in accordance with the rules of the
American Arbitration Association.

10. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties and supersedes all prior
agreements and understandings, both written and oral, concerning the subject matter hereof.

11. AMENDMENT
This Agreement may only be amended or modified by a written document executed by both parties.

12. SEVERABILITY
If any term or provision of this Agreement is found to be invalid, illegal, or unenforceable, the
remaining provisions will continue in full force and effect.

13. COUNTERPARTS
This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of
which together will constitute one and the same instrument.

IN WITNESS WHEREOF, the parties have executed this Silent Partnership Agreement as of the Effective
Date.
Active Partner Silent Partner

x x

Signatory: [empty member name] Signatory: [empty member name]

Email of signatory: [empty member email] Email of signatory: [empty member email]

Timestamp: [empty signing timestamp] Timestamp: [empty signing timestamp]