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1. Real Estate Listing Agreement
(Exclusive Rights to Buy)
1. Parties: the parties to this agreement (this listing) are:
Buyer: Angela Aimes
Address: 1234 Main Street
City, State, Zip: Nowhere, PA 44100
Phone: (222) 222-2222 Fax (222) 333-3333
E- Mail aimes@yahoo.com
Broker: Charles Cheetam
Address: 4321 Market Street
City, State, Zip: Nowhere, PA 44111
Phone: (222) 444-4444 Fax (222) 555-5555
E- Mail cheetam@yahoo.com
Buyer appoints broker as buyer’s sole and exclusive real estate agent and grants the
broker the exclusive right to buy the property.
2. Property: “Property” means the land, improvements, and accessories.
A. Land: Lot 6, Block, 12
City: Nowhere County: Green State: PA
Address 1567 Oak Blvd.
B. Improvement: The building, parking lot, and all other fixtures attached to the above
name property.
3. Listing Price: buyer instructs broker to buy the property at the following price: $
256,000.00.
4. Term: A The listing begins on February, 1 2012 and ends on February,7 2012 .
5. Brokers Fee:
2. Fee: Buyer will pay a broker fee of $ 5,000.00
Earned: Broker fee is earned when property is purchased.
3. I Angela Aimes, residing at 1234 Main Street PA, Nowhere 44100 being of sound mind and legal
capacity, do hereby make and appoint Charles Cheetam of 4321 Market Street PA Nowhere 44111, my
lawful attorney to act in my name and place and for my use and benefit to purchase the property at 1567
Oak Blvd, Nowhere, PA.
This power of attorney shall begin on February 1, 2012 and end on February 7, 2012.
_____________
Signature
_____________
Date
______________
Agent signature
______________
Date
_________________________________
Witness 1 Date
_________________________________
Witness 2 Date
________________________________
Notary Date
4. General Partnership Agreement**
________________________________________________, residing at ____________________
____________________________________________________and_______________________
.
________________________________________________, residing at ____________________
______________________________________________________, hereinafter referred to as the
“Partners” agree as follows:
1. Type of Business.
The Partners voluntarily associate themselves together as general partners for the purpose of
conducting the general business of _______________________________________, and any
other
type of business that may from time to time be agreed on by the Partners.
2. Name of Partnership.
The name of the Partnership shall be ____________________________________________
__________________________________. This name will be registered in the office of the
Secretary
of State as the fictitious name of the Partnership.
3. Term of Partnership.
The Partnership shall commence on______________________________________________
and shall continue until ________________________________________________________ or
terminated as provided in this Agreement.
4. Place of Business.
The principal place of business of the Partnership shall be at
_____________________________,
___________________________, ____________________________, _____________________
and any other place or places that may be mutually agreed on by the parties to this Agreement.
(name of partner)
(name of partner)
(address)
(address)
(type of business)
(name)
(“the execution of this Agreement” or specify date)
(specify date or “dissolved by mutual agreement of the parties”)
(address)
(city) (county) (state)
Sample General Partnership Agreement
2
5. Initial Capital.
The initial capital of this Partnership shall be the sum of $____________________________,
to which each Partner shall contribute by depositing in a checking account in the name of the
Partnership at the _________________________________ in ___________________________
___________________ on or before_____________________________, the following amounts:
____________________________ shall contribute $ _______________
____________________________ shall contribute $ _______________
6. Withdrawal of Capital.
No Partner shall withdraw any portion of the capital of the Partnership without the express
written consent of the other Partners.
5. 7. Profits and Losses.
Any net profits or losses that may accrue to the Partnership shall be distributed to or borne by
the Partners.
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________
8. Partnership Books.
At all times during the continuation of the Partnership, the Partners shall keep accurate books of
account in which all matters relating to the Partnership, including all of its income, expenditures,
assets, and liabilities, shall be entered. These books shall be kept on
________________________
basis and shall be open to examination by either Partner at any time.
9. Fiscal Year.
The fiscal year of the Partnership shall end on the ___________ day of ___________________
each year.
(amount)
(bank) (city)
(state) (date)
(name)
(name)
(in equal proportions or in the following proportions: __________ specify proportions. e.g. [name], 60%; [name], 40%)
(Accrual or Cash)
(month)
Sample General Partnership Agreement
3
10. Accountings.
A complete accounting of the Partnership affairs as of the close of business on the last day of
March, June, September, and December of each year shall be rendered to each Partner within
____________ days after the close of each of those months. On each accounting, the net profits
of
the Partnership shall be distributed to the Partners as provided in this Agreement to the extent
that
cash is available for this distribution. Except as to manifest errors discovered within
____________
days after its rendition, each accounting shall be final and conclusive to each Partner.
11. Time Devoted to Partnership.
Each Partner shall devote his or her undivided time and attention and use the utmost of his or
her skills and ability in furtherance of the Partnership business.
12. Management and Authority.
Each Partner shall have an equal voice in the management of the Partnership and shall have
authority to bind the Partnership in making contracts and incurring obligations in the name and
on
the credit of the firm. However, no Partner shall incur any obligations in the name or on the
credit
of the firm exceeding $_____________________ without the express written consent of the
other
Partner. Any obligation incurred in violation of this provision shall be charged to and collected
from the individual Partner incurring the obligation.
6. 13. Salaries.
As compensation for his or her services in and to the Partnership business, each Partner shall be
entitled to a salary of $______________ each month, which shall be deducted by the Partnership
as an ordinary and necessary business expense before determination of net profits. The salary of
any Partner may, however, be increased or reduced at any time by mutual agreement of all the
Partners.
(Number)
(Number)
Sample General Partnership Agreement
4
14. Net Profits Defined.
The term “net profits” as used in this Agreement shall mean the net profits of the Partnership as
determined by generally accepted accounting principles for each accounting period provided for
in
this Agreement.
15. Withdrawal of Partner.
Any Partner may withdraw from the Partnership at the end of any accounting period by giving
the other Partner ____________________ days, written notice of his or her intention to do so.
16. Option to Purchase Terminated Interest.
On dissolution of the Partnership by the withdrawal or other act of a Partner, the remaining
Partner, on written notice to the other Partner within __________________ days of the
dissolution,
may continue the Partnership business by purchasing the interest of the other Partner in the assets
and good will of the Partnership. The remaining Partner shall have the option to purchase the
interest of the withdrawing Partner by paying to this Partner or the Partner’s personal
representative
the value of the interest determined as provided in Paragraph 17 of this Agreement.
17. Purchase Price of Partnership Interest.
On exercise of the option described in Paragraph 16 above, the remaining Partner shall pay to
the person who is legally entitled to it the net book value of the interest as shown on the last
regular
accounting of the Partnership preceding the dissolution together with the full unwithdrawn
portion
of the deceased, withdrawing, or terminated Partner’s distributive share of any net profits earned
by
the Partnership between the date of the accounting and the date of dissolution of the Partnership.
18. Buy-Sell Agreement on Death of Partner.
If the Partnership is dissolved by the death of a Partner, the remaining Partner shall have the
obligation within _________________ days from the death of the deceased partner to purchase
the
interest of the deceased Partner in the Partnership and to pay to the personal representative of the
deceased Partner the value of that interest as provided in Paragraph l7 of this Agreement. During
(Number)
(Number)
(Number)
Sample General Partnership Agreement
5
this _______________-day period following the death of a Partner, the remaining Partner may
7. continue the business of the Partnership but the estate or personal representative of the deceased
Partner shall not be liable for any obligations incurred in the Partnership business that are greater
than any amount includable in the estate of the deceased Partner that was previously invested or
involved in the Partnership and remained so on the date of death. The estate of the deceased
Partner
shall be obligated to sell his or her Partnership interest as provided in this Agreement and shall
be
entitled, at the election of the personal representative of the deceased Partner, either to one-half
of
the net profits earned by the Partnership business during this _______________-day period or to
interest for the use during this period of the deceased’s interest in the Partnership business at the
rate of ______________ percent a year on the value of the partnership interest determined as
provided
in Paragraph 17 of this Agreement.
19. Duties of Purchasing Partner.
On any purchase and sale pursuant to the provisions of Paragraphs 16, 17, or 18 of this
Agreement,
the remaining Partner shall assume all obligations and shall hold the withdrawing Partner,
the personal representative and estate of a deceased Partner, and the property of any withdrawing
or
deceased Partner, free and harmless from all liability for these obligations. Furthermore, the
remaining
partner, at his or her own expense, shall immediately cause to be prepared, filed, served,
and published all notices that may be required by law to protect the withdrawing Partner or the
personal representative or estate of a deceased Partner from liability for the future obligations of
the partnership business.
20. Dissolution.
On dissolution of the Partnership other than as provided in Paragraphs 16, 17, and 18 of this
Agreement, the affairs of the Partnership shall be wound up, the assets of the Partnership
liquidated,
the debts paid, and the surplus divided equally among the Partners.
(Number)
(Number)
Sample General Partnership Agreement
6
21. Notices.
All notices between the parties provided for or permitted under this Agreement or by law shall
be in writing and shall be deemed duly served when personally delivered to a Partner or, instead
of
personal service, when deposited in the United States mail, as certified, with postage prepaid,
and
addressed to the partner at the address of the principal place of business of the Partnership or to
another place that may from time to time be specified in a notice given pursuant to this paragraph
as
the address for service of notice on the Partner.
22. Consents and Agreement:
All consents and agreements provided for or permitted by this Agreement shall be in writing
8. and a signed copy of them shall be filed and kept with the books of the Partnership.
23. Sole Agreement.
This instrument contains the sole agreement of the parties relating to their Partnership and
correctly sets forth the rights, duties and obligations of each to the other in connection with is as
of
its date. Any prior agreements, promises, negotiations, or representations not expressly set forth
in
this Agreement are of no force or effect.
Executed this ___________________ day of _________________________ , 19__________
at ______________________________ County_________________________________(State).
_____________________________________
_____________________________________
** PLEASE NOTE: The above document is a sample document only and will require individual
tailoring to the needs and purposes of each individual general partnership. Important
considerations
to incorporate in every partnership agreement include tax issues, sharing of profits based
on contribution and a buy-out provision.
(Signature of Partner)
(Signature of Partner
9. Limited Partnership Agreement
Kristy Rocca, referred to as GENERAL PARTNER, and Angela Aimes and Ron Diaz, referred
to as LIMITED PARTNERS, agree:
That they herewith form a limited partnership under the laws of the state of Ohio, under the name
of Aimes & Diaz.
The purpose of the partnership is to engage in the business of a fitness center and to have all
powers necessary or useful to engage in business described.
The principal place of business shall be 3333 Main Street Cleveland Ohio 44444.
The partnership term begins on the date of this Agreement and shall continue until notice is
given, when it shall dissolve under the terms of this Agreement.
Each partner has contributed, or will contribute by February 1, 2012 the amount shown next to
their signature to this Agreement.
Limited partners shall not be required to contribute additional capital.
Each partner shall have a capital account that includes invested capital plus that partner’s
allocations of net income, minus that partner’s allocations of net loss and share of distributions.
Net income and net loss shall be allocated as follows:
a. 50 percent to the General Partner.
b. 50 percent to the Limited Partners, according to their respective percentage ownership
interests.
Except as otherwise expressed stated in this Agreement, the General Partner shall manage the
partnership business and have exclusive control over the partnership business, including the
power to sign deeds, notes, mortgages, deeds of trust, contracts, leases, and direction of business
operations.
The limited partners shall have all powers which may lawfully be granted to limited partners
under the laws of the State of Delaware.
Accounting
The partnership’s tax or fiscal year shall be a calendar year. The General Partner shall make any
tax election necessary for completion of the partnership tax return.
A limited partner may assign his or her rights to receive distributions, net income and net loss to
any person without causing a dissolution of this partnership. No assignment will be effective
until the general partner is notified in writing of the same.
This agreement may only be amended by the written agreement of all Partners.
10. 1. Notices.
Any notice required by this Agreement or given in connection with it, shall be in writing and
shall be given to the appropriate party by personal delivery or a recognized over night delivery
service such as FedEx.
See Exhibit 1 for the name and addresses for each partner.
2. No Waiver.
The waiver or failure of either party to exercise in any respect any right provided in this
agreement shall not be deemed a waiver of any other right or remedy to which the party may be
entitled.
3. Entirety of Agreement.
The terms and conditions set forth herein constitute the entire agreement between the parties and
supersede any communications or previous agreements with respect to the subject matter of this
Agreement. There are no written or oral understandings directly or indirectly related to this
Agreement that are not set forth herein. No change can be made to this Agreement other than in
writing and signed by both parties.
4. Governing Law.
This Agreement shall be construed and enforced according to the laws of the State of Ohio and
any dispute under this Agreement must be brought in this venue and no other.
5. Headings in this Agreement
The headings in this Agreement are for convenience only, confirm no rights or obligations in
either party, and do not alter any terms of this Agreement.
6. Severability.
If any term of this Agreement is held by a court of competent jurisdiction to be invalid or
unenforceable, then this Agreement, including all of the remaining terms, will remain in full
force and effect as if such invalid or unenforceable term had never been included.
In Witness whereof, the parties have executed this Agreement as of the date first written above.
Dated: 1/21/12
___________________
General Partner
11. Limited Partners shall sign the attached Exhibit One or duplicate originals of the same.
Exhibit One: Names & Addresses of Limited Partners and their signatures
____________________ ______________________ ___________________
Limited Partner Signature Printed Name and Address Social Security Number
____________________ ______________________ ___________________
Limited Partner Signature Printed Name and Address Social
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25. STATE OF DELAWARE CERTIFICATE OF
CHANGE OF REGISTERED AGENT
AND/OR REGISTERED OFFICE
The Board of Directors of Aimes & Assiciates a Delaware Corporation, on this3 day of February
2012 A.D. do hereby resolve and order that the location of the Registered Office of this Corporation
within this State be, and the same hereby is 1111 Grove Street, in the City Dover of Kent County of
Zip Code 22222
The name of the Registered Agent therein and in charge thereof upon whom process against this
Corporation may be served, is Angela Aimes
The Corporation does hereby certify that the foregoing is a true copy of a resolution adopted by the
Board of Directors at a meeting held as herein stated.
IN WITNESS WHEREOF, said Corporation has caused this certificate to be signed by an
authorized officer, the 3 day of February 2012 A.D.______________ ________________,
Name: Angela Aimes chief executive officer
26. STATE of DELAWARE
CERTIFICATE of INCORPORATION
A STOCK CORPORATION
•
First: The name of this Corporation is Aimes & Associates
____________________________________________________________________.
•
Second: Its registered office in the State of Delaware is to be located at 1111
Grove Street, in the City of Dover
County of Kent Zip Code 22222 The registered agent in charge thereof is Angela Aimes
____________________________________________________________________.
Third: The purpose of the corporation is to engage in any lawful act or activity for which
corporations may be organized under the General Corporation Law of Delaware.
•
Fourth: The amount of the total stock of this corporation is authorized to issue is
100 shares (number of authorized shares) with a par value of
1.5 per share.
•
Fifth: The name and mailing address of the incorporator are as follows: Name Aimes &
Assiciates Inc.
Mailing Address 1111 Grove Street
Dover Delaware ZipCode 22222
•
I, The Undersigned, for the purpose of forming a corporation under the laws of the State of
Delaware, do make, file and record this Certificate, and do certify that the facts herein stated are
true, and I have accordingly hereunto set my hand this
3 day of February, A.D. 2012.
NAME: Angela Aimes
27. Provision to certificate of Incorporation
Name of Director
Steve Nelson is hereby named the director of Aimes & Associates Inc.
_______________
Signature
________________
Date
28. Notice is hereby given that the annual meeting of shareholders of Muscles “R” Us
Inc. will be held in room two on the second floor 1111 main street Cleveland Ohio
44444, on February 15 2012, at 11:00 am, eastern standard time. The following
topic will be addressed at the meeting:
Directors elected
Officers appointed
Bylaws made
Pre-incorporation share subscriptions accepted
Pre-incorporation contracts ratified
Only shareholders of record at the close of business on February 14, 2012, are
entitled to notice of and to vote at the meeting or any adjournments thereof.
February 14, 2012 by order of board directors
Cleveland, Ohio Angela Aimes, chief executive officer
29. For value received, the undersigned, Muscles “R” Us Inc., a corporation organized and existing under the
laws of the state of Ohio, promises to pay to ____________________ on Oak street Cleveland, Ohio, the
sum of _________________________ with interest from January 1, 2012 until paid, at the rate of six
percent (6%) per annum, all due and payable on December 31, 2015. Should suit be commenced or an
attorney employed to enforce terms of this note, Muscles “R” Us Inc. agrees to pay such additional sum
as the court might order reasonable as attorney’s fees. Principals and interest payable in lawful money
of the United States. This note maybe paid in full without any penalty charges. The undersigned hereby
waives demand, presentment, and protest, and notices thereof and agrees to remain bound hereunder
notwithstanding any extension, modification, or waiver by the holder of this note.
Muscles “R” Us Inc
By:____________
title:_____________________
30. Board of Directors Meeting
(Minutes)
A meeting of the Board of Directors of Muscles “R” Us inc., an Ohio corporation was held on
Thursday, February 16, 2012, 4:00 pm at the principal office located at 1111 Grove Street,
Cleveland, Ohio 44444.
The directors present at the meeting: Angela Aimes, Ron Diaz, and Steve Nelson.
Angela Aimes acted as chairman of the board, and Steve Nelson acted as secretary.
The chairman called the meeting to order and stated that a quorum of directors were present
at the meeting.
The secretary announced that the meeting was called to open new locations, hire a new vice
president, implement a 401(k) plan, and launch a new line of diet products.
A discussion was had on each subject.
After motions duly made, second, and carried, the following decisions were unanimously
agreed upon by the board of directors:
New locations will be opened in New York and Maryland.
A new vice president will be hired.
A 401(k) plan will be implemented.
A line of new diet products will be launched.
The officers were instructed to take appropriate action to effect the purposes of these
resolutions.
There being no further business before the meeting, on motion duly made, second, and
unanimously carried, it is adjourned
Date: ________________________ Secretary: ________________________
31. Board of Directors Meeting
(Minutes)
A meeting of the Board of Directors of All Jacked Up Inc., an Ohio corporation was held on
Thursday, February 20, 2012, 4:00 pm at the principal office located at 1111 Grove Street,
Cleveland, Ohio 44444.
The directors present at the meeting: Angela Aimes, Ron Diaz, and Steve Nelson.
Angela Aimes acted as chairman of the board, and Steve Nelson acted as secretary.
The chairman called the meeting to order and stated that a quorum of directors were present
at the meeting.
The secretary announced that the meeting was called to discuss why they refused to pay a
dividend, and possible accumulated tax earnings.
A discussion was had on each subject.
After motions duly made, second, and carried, the following decisions were unanimously
agreed upon by the board of directors:
All Jacked Up Inc. will set a record date of February 19, 2012
All Jacked Up Inc. will pay a dividend to its shareholders.
The officers were instructed to take appropriate action to effect the purposes of these
resolutions.
There being no further business before the meeting, on motion duly made, second, and
unanimously carried, it is adjourned
Date: ________________________ Secretary: ________________________
32. Board of Directors Meeting
(Minutes)
A meeting of the Board of Directors of Muscles “R” Us, an Ohio corporation was held on
Thursday, February 20, 2012, 4:00 pm at the principal office located at 1111 Grove Street,
Cleveland, Ohio 44444.
The directors present at the meeting: Angela Aimes, Ron Diaz, and Steve Nelson.
Angela Aimes acted as chairman of the board, and Steve Nelson acted as secretary.
The chairman called the meeting to order and stated that a quorum of directors were present
at the meeting.
The secretary announced that the meeting was called to discuss a name change, a new diet
product, and charity events.
A discussion was had on each subject.
After motions duly made, second, and carried, the following decisions were unanimously
agreed upon by the board of directors:
The new name will be Aims Diet Products Inc.
Will start producing diet products
Will donate to the boys and girls club
The officers were instructed to take appropriate action to effect the purposes of these
resolutions.
There being no further business before the meeting, on motion duly made, second, and
unanimously carried, it is adjourned
Date: ________________________ Secretary: ________________________
33. Board of Directors Meeting
(Minutes)
A meeting of the Board of Directors of Muscles “R” Us, an Ohio corporation was held on
Thursday, March 1, 2012, 4:00 pm at the principal office located at 1111 Grove Street,
Cleveland, Ohio 44444.
The directors present at the meeting: Angela Aimes, Ron Diaz, and Steve Nelson.
Angela Aimes acted as chairman of the board, and Steve Nelson acted as secretary.
The chairman called the meeting to order and stated that a quorum of directors were present
at the meeting.
The secretary announced that the meeting was called to voluntarily dissolve the bisness.
A discussion was had on the subject.
After motions duly made, second, and carried, the following decisions were unanimously
agreed upon by the board of directors:
The shareholders will divide the company’ assets equally amongst themselves.
The officers were instructed to take appropriate action to effect the purposes of these
resolutions.
There being no further business before the meeting, on motion duly made, second, and
unanimously carried, it is adjourned
Date: ________________________ Secretary: ________________________
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39. Memorandum
To: Mr. Cheetam
From: Mario Freeman
Date: March 4, 2012
Re: Muscles “R” Us
Angela Aimes tried numerous ways of registering her business. She started with a
limited partnership agreement with Kristy Rocca and Ron Diaz. A statement for domestic
qualification was filed on her behalf with the Ohio Secretary of State. Angela then wanted to try
limited liability company, so the articles of organization were filed for her. Angela Aimes also
wanted to act as agent for this company, so the appointment of agent forms was filed. Next,
Angela Aimes wanted to dissolve the LLC. A certificate of dissolution for a limit liability company
was filed on her behalf. Muscles “R” Us register in Delaware to do business in that state. Notice
was sent to all shareholders at Muscles “R” Us of a meeting to elect directors, officers, and pre
incorporation issues. At the meeting, minutes were taken and the shareholder unanimously
agreed on all the issues. Muscles “R” Us ran into possible tax trouble due to accumulated earning.
To handle this problem, they called a meeting and decided to pay dividends to its shareholder.
They set a record date of February 19, 2012. Muscles “R” Us wanted to venture off into new
markets, so they had a meeting. At this meeting, they decided to change their name and sell diet
products. They also decided to get involved in charity events. The shareholder decided to dissolve
the business. The company sent proper notice and had a meeting. A certificate of dissolution was
filed on the company’s behalf. Since all shareholders owned the same amount of shares, they
decided after paying creditors they would divide all remaining equally amongst them.