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Partnership Indemnification
PARTNERSHIP INDEMNIFICATION
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:
Both parties of the partnership agreement promise to disclose immediately any debt or liability that could affect the partnership.
Each partner will indemnify the other of such debts and liabilities as it effects the assets of the business expenses on account therefore.
Partner Dated
Partner Dated
Witness Date