Free Partnership Agreement (Short Form) This Partnership Agreement is between two partners who plan to conduct business together. This agreement sets forth the specific terms including name of the partnership, general accounting procedures and the capital contributions made by each partner. Partnership Agreement Form This partnership agreement form can be used in most situations. For certain legal forms, some states require specific wording and conditions to be included in the document. It is your responsibility to ensure that this partnership agreement form complies with state and local requirements. Without the consent of the other partner neither partner shall on behalf of the partnership borrow or lend money, or make, deliver, or accept any commercial paper, or execute any mortgage, security agreement, bond, or lease, or purchase or contract to purchase, or sell or contract to sell any property for or of the partnership other than the