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Dispute Settlement_ Two minds working will not always be in harmony with each other. There is always a possibility of conflicts of interests. Foreseeing possible scenarios and setting settlement to solve them should be included in the partnership agreement template. It is crucial to any partnership because it will regulate conflicts before it destroys the business.

What exactly should be in this type of contract? Well, firstly you need to be aware of any laws in your country regarding employing people. It is likely these laws will override your agreement so it makes sense to line them up so they match. Then you need to put the basics in there. This might include hours of work, what their role is and how much they are going to be paid. After this, it is a matter of adding some other clauses to protect both you and the employee. This could be to do with dismissal and other situations that might arise.

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