1. Formation of partnership - Under Ontario's legal regulations all the individuals have decided to create a partnership to participate in general business activities. 2. Name - The name of the partnership shall be conducted under the name of {MAXM} 3. Place of business - The principal place of business shall be (2000 steeles avenue west, Concord, ON L4K 4N1} 4. Duration - The partnership is set to commence on 31 after 2023 and it will continue until it is dissolved according to the terms and conditions outlined in the partnership agreement. The specific provisions for dissolution and other details of the partnership would typically be detailed in the agreement itself. 5. Operational leader - Aroro Sharma as the operational leader, will have ultimate authority in assessing the performance of each team member, provide specific guidance on conducting business at the physical location, possess the authority to call emergency meetings for critical issues, and ensure that all team members are consistently aligned with the group's progress. 6. Management - This clause details how decisions are made within the partnership. It specifies that, unless all partners unanimously agree in writing to an alternative method, the management, operation, and control of the partnership and its business will be decided by a majority vote of the partners. Essentially, this means that most decisions will be based on a simple majority vote, with each partner's vote carrying equal weight in the decision-making process. 7. Meeting - Standard partner meetings will occur on the second Tuesday of each month. If there is a need to address issues that necessitate a vote, as defined in this Agreement, any partner has the authority to request a special meeting by giving all partners reasonable notice. Special meetings will exclusively focus on the specific matter for which they were convened. The timing and location of all meetings will be chosen with due consideration to the practicality and convenience of all partners involved. 8. Capital contribution. The partners have the option to contribute an equal amount of capital to the partnership by mutual agreement. 9. Allocation of profit and losses- all the profits and losses the business goes through will be divided evenly among the partners. 10. Dissolution - The partnership can only be cancelled if any of the partners withdraws or dies. 11. Confidentiality and non-disclosure - Every partner unanimously commits to keeping all confidential information regarding the partnership confidential and not sharing it with anyone or exploiting it for personal gain, whether during the partnership or after its termination, unless compelled to do so by legal requirements. All customer data, encompassing their details, employer information, contact information (including correspondence, interactions, and customer service records), as well as details related to the products and services they have acquired (including quantity, type, and whether they were leased, licensed, or received), are considered confidential. All financial data, which includes but is not restricted to financial statements, income statements, cash flow statements, balance sheets, annual reports, asset and capital reports, liability reports, bank statements, accounts receivable, accounts payable, payroll reports, purchase reports, and inventory reports, is considered confidential. Additionally, marketing information, which encompasses company and customer-related data such as plans, cost information, pricing, and billing policies, as well as marketing strategies and business operation methods and forecasting, is also confidential. 12. Dissolution Subject to any differing terms outlined in this Agreement, the dissolution of the Partnership will be triggered by the unanimous vote of the majority of all Partners. Contract binding authority - In the end, any decisions or actions that impact the partnership must receive the endorsement of a majority of the partners. Accepting a new partner - The partnership will not entertain the admission of new partners. Voluntary withdrawal of a partner - Any partner is entitled to voluntarily exit the partnership agreement at their discretion. However, they must provide written notice of their intention to withdraw to the remaining partners at least six months before the planned withdrawal date wnership of the partnership property - All assets held by the partnership will maintain the partnership's name on the title, and no individual partner or group of partners will have any ownership interest in such property, either in whole or in part. Fiscal year counting - The fiscal year concludes on November 30 each year. Voting power -Regarding voting power, unless there has been an additional capital contribution altering the initial capital contribution ratios of partners, each partner holds one vote of equal weight in decisions requiring partnership-wide approval. Duty of loyalty - this mandates that no partner, without unanimous written consent from the other partners, may engage in any business or transaction, whether directly or indirectly, that could be seen as competitive with the partnership's activities or as creating an indirect conflict of interest. Any such enterprise or merger that might raise concerns about a conflict of interest must be disclosed to the other partners. Violation of this provision by a partner, leading to their involuntary withdrawal, may be treated as a breach by the other partners. 13. Withdrawal of partners: If a partner withdraws from the partnership, they agree to forfeit any benefits from the partnership including any share of profits or assets. 14. Work distribution: All partners agree to contribute their time and effort to the partnership in a fair and equitable manner. The managing partner has the right to reassign tasks as necessary to ensure the partnership runs efficiently. 15. Financial decision: Decisions regarding the distribution of profits, allocation of losses, and the requirement for Additional Capital Contributions as well as all other financial matters will be decided by a majority vote of the Partners. 16. Annual report: As soon as practicable after the close of each fiscal year, the Partnership will furnish to each Partner an annual report showing a full and complete account of the condition of the Partnership. This report will consist of at least the following documents: 1. A statement of all information as will be necessary for the preparation of each Partner's income or other tax returns. 2. A copy of the Partnership's federal income tax returns for that fiscal year. 3. Supporting' income statement. 4. Balance sheets 5. A cash flow statement. 6. A breakdown of the profit and loss attributable to each partner; and 7. Any additional information that the Partners may require. 17. Fiscal report: The fiscal year will end on December 31 of each year. This contract is legally binding as it is a written agreement signed by all the partners. It outlines the roles, responsibilities, and obligations of each partner, providing legal protection for all parties involved. The clauses ensure that the managing partner retains decision-making control and that any partner leaving the business forfeits their benefits and cannot disclose confidential information, thus addressing the concerns outlined in the situation