Pricing

70/30 Partnership Agreement

A 70-30 Partnership Agreement Template helps two partners with unequal ownership set clear rules for decision-making, profit sharing, and responsibilities. Use this free, ready-to-edit template to outline each partner's stake and authority based on their contribution. Simply fill in the blanks, download, and get it signed in minutes.

What Is a 70-30 Partnership Agreement and Why Do You Need One?

A 70-30 Partnership Agreement is a written contract between two partners who have agreed to split ownership unevenly, with one partner holding 70 percent and the other holding 30 percent of the business. This kind of split often happens when one partner puts in more money, more time, or brings more experience to the table, while the other contributes something valuable but smaller in scale. The agreement makes clear who has the final say on major decisions, how profits and losses are divided based on the uneven split, and what happens if either partner wants to leave, helping avoid confusion between a majority and minority owner.

Why Use a Ready-Made Template Instead of Writing One Yourself

Writing an unequal partnership agreement from scratch can mean missing important details, such as how much say the minority partner actually has in decisions or how the uneven split affects profit distribution, which can lead to disagreements down the road. A ready-made 70-30 Partnership Agreement Template already includes the key sections, such as ownership percentages, capital contributions, decision-making authority, profit and loss sharing, and exit terms, so you only need to add your specific business details. This saves time, keeps expectations clear from the start, and helps protect both the majority and minority partner.

Who Should Use This 70-30 Partnership Agreement Template

This template is useful for business partners where one person is investing more money or taking on more day-to-day responsibility, such as a founder bringing on a partner who contributes specialized skills or a smaller amount of capital. It is also helpful for family businesses where ownership is split based on different levels of involvement, as well as new partnerships where one partner clearly wants to retain more control over the direction of the business.

How to Fill Out and Use This 70-30 Partnership Agreement Correctly

Start by adding the full names of both partners and the name of the business being formed. Next, clearly state each partner's ownership percentage, 70 percent and 30 percent, along with what each person is contributing, whether cash, assets, or expertise. Add a section explaining how decisions will be made, noting whether the majority partner has final say on certain matters or if some decisions still require both partners to agree. Include how profits and losses will be divided based on the ownership split, along with an exit clause explaining how a partner can leave and how their share will be valued and bought out. Finally, both partners should review, sign, and date the agreement, and it's a good idea to have it reviewed by a local attorney.


How to Use Agreed Templates

Start With the Template

Open the Product Agreement Template in your Agreed workspace and begin with a ready-to-use agreement structure.

Customize Agreement Details

Add or edit product details, responsibilities, pricing, deliverables, timelines, and other terms to match your agreement needs.

Review, Sign & Manage

Send the agreement for review and approval, collect signatures, and manage the completed agreement securely in Agreed.

Frequently Asked Questions.

Everything you need to know about Agreed. Can't find what you're looking for?

Not necessarily. While the majority partner often has more decision-making authority, many agreements still require both partners to agree on major decisions, such as selling the business or taking on debt, even with an unequal split.

Usually, yes, profits are typically divided based on each partner's ownership percentage, though partners can agree to a different split if it's clearly written into the agreement.

Yes, agreements can include protective provisions, sometimes called minority protections, that require the majority partner to get agreement from the minority partner on certain major decisions, even without an equal vote.

Yes, partners can agree to adjust ownership percentages later by updating the agreement in writing, often due to one partner investing more capital or taking on a larger role in the business.

Everything You Need to
Create, Send and Sign Documents

Agreed helps teams reduce delays, improve signing completion

Start Creating Now
image