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Include:\n- Specific clause language (not just headers)\n- Common protective provisions (ROFR, anti-dilution, key person)\n- Tax considerations (pass-through vs entity-level)\n- Sample schedules (capital accounts, distribution waterfall)\n\n### Step 3: Red Flag Review\nFlag any terms that commonly cause disputes:\n- Unequal voting vs ownership splits\n- Vague IP assignment language\n- Missing deadlock resolution\n- No exit mechanism\n\n## Partnership Types Covered\n\n| Type | Use Case | Key Provisions |\n|------|----------|----------------|\n| General Partnership | Small business, professional services | Unlimited liability, equal management |\n| Limited Partnership | Investment vehicles, real estate | GP/LP structure, carried interest |\n| LLC Operating Agreement | Most B2B partnerships | Flexible structure, liability protection |\n| Joint Venture | Project-specific collaboration | Scope limits, term, wind-down |\n| Strategic Alliance | Non-equity partnerships | Service levels, exclusivity, termination |\n| Revenue Share | Channel/referral partnerships | Attribution, payment terms, minimums |\n\n## Valuation Methods for Exits\n\n- **Book Value** — simple but understates intangibles\n- **Fair Market Value** — appraiser-determined, most common\n- **Formula-Based** — revenue or EBITDA multiple (specify in agreement)\n- **Agreed Value** — partners set annually, avoids disputes\n- **Discounted Cash Flow** — most accurate, most expensive to compute\n\n## Common Mistakes to Flag\n\n1. No written agreement at all (verbal partnerships = lawsuits)\n2. 50/50 splits without deadlock mechanisms\n3. Missing non-compete that lets partner clone the business\n4. No capital call provisions (partner can't fund growth)\n5. Vague \"reasonable efforts\" language without KPIs\n6. Missing insurance requirements (D&O, E&O, key person)\n\n## Resources\n\n- **Full B2B context packs** with partnership, legal, and compliance frameworks: https://afrexai-cto.github.io/context-packs/\n- **AI Revenue Calculator** — quantify what partnerships should generate: https://afrexai-cto.github.io/ai-revenue-calculator/\n- **Agent Setup Wizard** — deploy AI agents for contract management: https://afrexai-cto.github.io/agent-setup/\n","readmeExcerpt":"Partnership Agreement Generator Generate comprehensive partnership agreements, joint venture frameworks, and strategic alliance documents for B2B relationships. 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