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Mr. Syed Habib Ahmed Qadri S/o ghulam Rasool Qadri holding NIC # 42101____________ is called a First Party.

Mr. Nazeer ur Rehman S/o. _____________________ holding NIC # _________________ is called a Second Party.

PARTNERSHIP AGREEMENT For The S. M. Iqbal Embroidery


(1) Gross earnings to be divided up on a daily or weekly basis on a 60/40 split; S.M. Iqbal Qadri to be receiving 60% and Nazir ur Rehman to receive 40% (2) Nazir ur Rehman is to furnish the space to sell from, material for the sign, electric, water, cleaning materials, licenses, and such other improvements as may be deemed necessary, all the labor and advertising expenses deemed necessary and practical pursuant to the income pattern in exchange for his 40% share.

(3) Earl H. Roberts is to furnish all the labor and advertising expenses deemed necessary and practical, pursuant to the income pattern, in exchange for his share. (4) It is established and acknowledged by both parties that the real estate now available is for sale; and hereby declare it a stated fact that the business will be sold at that time, if possible, or transferred to a nearby location if practical. (5) Even if the property is never sold or moved, it is established and acknowledged that the name of the business {MIGHTY MITT CAR WASH} is the exclusive property of Earl H. Roberts. The name may be used without prior notice at other locations, or sold under franchise agreements to other parties. (6) Each of the partners is responsible only for their own tax liabilities, and only in proportion to the cash value truly received from the car wash business described herein. (7) Neither of the partners is responsible for any debts or liabilities incurred by any of the other partners either before, during, or after this limited partnership is in effect. (8) It is the parties' purpose that this agreement fully and finally settle, resolve and terminate any and all claims, demands and rights of whatever kind or nature between them. It is specifically agreed by the parties that the terms and provisions of this agreement are contractual in nature. If any provision of this agreement should be invalid, it is the partie's intention that all remaining provisions will continue to be in full force and effect.

(9) This business may be dissolved upon discovery of fraud in the transactions of this business by either of the partners. (10) Other Amendments as noted in this space:

Each party represents that he has had an opportunity to consult with his or her own attorney before signing this agreement on this ____ day of ________ , 1995 Art Bone ___________________. Earl H. Roberts _________________.

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