Commercial Companies Law

Article 42 — Article (42) MOA of the General Partnership

Part Two: Partnerships · Chapter One: General Partnership

1. The General Partnership's MOA shall, in particular, include the following details: a. The full name of each partner and his nationality, date of birth and place of residence; b. The name, address and trade name, if any, of the Company and the objects for which it was established; c. The headquarters of the Company and its branches, if any; d. The share capital of the Company, the shares of each partner, the estimated value of such shares, the means by which they are assessed and their due dates; e. The commencement date and expiry date of the Company's term, if any; f. The method by which the Company is to be managed and the names of the Company's authorized signatories and the extent of their powers; g. The start and expiry dates of the fiscal year; h. The profit and loss sharing ratios; i. The conditions for assignment of shares in the Company, if any. 2. If the MOA of the Company contains the name[s] of the manager[s], then the full name, nationality, place of residence and powers of each manager shall be stated.

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