7. DUTIES MANAGEMENT AND RESTRICTIONS. Partners have the same rights to manage the partnership and each partner devotes all their time to running the business. Without the agreement of the other partner, neither partner may lend or lend money in the name of the partnership, manufacture, supply or accept commercial securities, or execute mortgages, guarantee contracts, bonds, credit or purchase or purchase or purchase or sale contracts or contracts for the sale or sale of real estate other than the type of real estate purchased and sold in the normal commercial framework. The Economic Partnership Agreement between Japan and the Philippines ()-ピ済協 ()) or (Filipino: Kasunduang Pangkabuhayan ng Hapon at Pilipinas) or abbreviated JPEPA is an economic partnership agreement on bilateral investments and free trade agreements between Japan and the Philippines. Former Japanese Prime Minister Junichiro Koizumi and former Philippine President Gloria Macapagal-Arroyo were signed on 27 September 2006 in Helsinki, Finland. This is the first bilateral trade agreement the Philippines has concluded with the United States since the 1946 parity agreement. This contract includes 16 chapters and 165 articles containing 8 annexes. A partnership agreement is a document used by a partner`s partners when they agree on the breakdown of a partnership. 9. A partner who retires or leaves the partnership does not, directly or indirectly, exercise a company that meets or plans to carry out transactions with the existing or planned partnership transaction for a period of ` __Partner (individual/married/widow), and __Partner 2, (individual/married/widow), and __Partner 3, (individual/married/widow), all Filipinos, of legal age, and residents of _______an that day, have committed to establish a partnership, in accordance with the laws of the Republic of the Philippines; Two or more people can also form a partnership for the practice of a profession. 4. that the purpose or objectives for which this partnership is being set up is as follows: Capital.
The capital of the partnership is provided by the cash partners as follows: a separate capital account is held for each partner. None of the partners have to withdraw part of their account. At the request of either partner, the partners` capital accounts are held at any time in the units in which the partners participate in the profits and losses of the partnership.