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Contributions And Contributions Exceeding Maximum
CONTRIBUTIONS AND CONTRIBUTIONS EXCEEDING MAXIMUM
As a legally binding addendum and amendment to our partnership agreement dated [Date of agreement] we, [Name of first partner] and [Name of second partner] submit the following:
In the event a partner chooses to exceed the maximum amount of contributions to the capital account of the partnership, the amount which exceeds the maximum is defined as a loan to the partnership. This money determined as a loan will be paid back to the partner in the following manner:
[include percentages and interest to be paid]
Partner Dated
Partner Dated
Witness Date