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PARTNERSHIP AGREEMENT
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THIS AGREEMENT is made on the XX JUNE 2014

BETWEEN
VIJAY, NRIC: xxxxxx-xx-xxxx, hereinafter referred to as Investor
AND
DEVENDREN SATHASIVAM, NRIC: XXXXXX-XX-XXXX, hereinafter referred to as
Active Partner
TO MANAGE & OPERATE
NO.38, JALAN WAWASAN 1/6, TAMAN WAWASAN 1, PUSAT BANDAR PUCHONG, 47100
PUCHONG; hereinafter referred to as D JAY CAFE

1.1

DETAILS OF BUSINESS PARTNERS

The business partners involved in this agreement are in Table 1:NAME

I.C. No
:
ADDRESS

VIJAY
XXXXXX-XX-XXXX

OCCUPATION:
CONTACT
DETAILS
:

ENTREPRENEUR

NAME
I.C. No
:
ADDRESS

DEVENDREN A/L SATHASIVAM

XXXXXX-XX-XXXX

:
:

OCCUPATION:
CONTACT
DETAILS
:

LECTURER
012-2094355
devengss@gmail.com
Table 1: Details of Business Partners

1.2

LEGAL TRADING NAME

This business partnership between the partners in Table 1 shall operate under the
legal trading name of:D Jay Caf

1.3

START AND INTENDED DURATION OF PARTNERSHIP

This business partnership between the partners in Table 1 shall commence on the
date this agreement came into force.
The intended duration of this business partnership shall be as long as either
partner stated in Table 1 decides to withdraw from the business through mutual
agreement.

1.4

PARTNERSHIP BUSINESS LOCATION

This partnership will operate from the address of the premises stated below:No.XX, Jalan Damai Utama 2,
Taman Damai Utama,
47180 Puchong,
Selangor.

1.5

THE BUSINESS IN GENERAL TERMS

The D Jay Caf is a western cuisine restaurant which will be the first of its kind in
Taman Damai Utama.
D Jay Caf will operate from 4.00pm 12.00pm (8 Hours Operation) which will be
ideal for Evening Tea, Dinner and Supper.
The marketing aspects of D Jay Caf are as stated below:Competitors

Demographics

Direct
There are no western
cuisine restaurants in
Taman Damai Utama and
the nearby Bandar Kinrara
6.
No direct competition.

Indirect
There are 2 mamak style
restaurants in Taman
Damai Utama.
They pose an in direct
competition because
customers may have
different preference of
food.

D Jay Caf is set to target customer with the following

demographic:Group: Families, Singles and Couples
Race: Multi-racial
Age: 10 45 years old
Status: Middle Class , Upper Middle Class
Salary: RM 5000 and above
Education: does not have direct effect

Opportunities

1. Events Catering for nearby companies and also

Kinrara Golf Course & Country Club.
2. Capitalise on Kinrara Residence residences for
evening tea, dinner and supper.
3. Meeting over food for Real Estate agents selling
properties in the vicinity.

D Jay Caf shall offer a vast variety of western foods and a small range of
Malaysian food to cater to the palette of all customers.

1.6

CONTRIBUTION OF PARTNERS

Partners in this partnership shall owe to each other a fiduciary duty to ensure that
the relationship is one of confidence, trust and full disclosure. The duties to be
fulfilled are as stated below in Table 2.
VIJAY
TIME
PURPOSE OF
TIME
ALLOCATION
MARKETING OF
BUSINESS
F&B
ACCOUNTS
CAPITAL
INVESTMENT
DISCUSSION
HUMAN
RESOURCE
MANAGEMENT
BUSINESS
OPPORTUNITIE
S
DEVENDREN
TIME
PURPOSE OF
TIME
ALLOCATION
MARKETING OF
BUSINESS
F&B
ACCOUNTS
CAPITAL
INVESTMENT
DISCUSSION
HUMAN
RESOURCE
MANAGEMENT
BUSINESS
OPPORTUNITIE

15 Hours a Week (Flexible)

To assist in basic management of restaurant.
To assist in opening and/or closing of restaurant.
To assist in bank-in of daily sales, whenever necessary.
To assist partner to manage and operate during vacation periods.
Responsible for marketing the restaurant through all channels
which may include internet, social media, magazines, newspapers,
leaflets, brochures and mobile food finding apps.
Full rights to view food and beverage accounting and all related
documents
Full rights to decide on capital investment for expansion and/or
renovation and/or refurbishment.
To assist in interviews and hiring staff for the business.
To assist in staff as a team member and manager.
To look for additional business opportunity to boost up sales of
restaurants.

30 Hours a Week (Flexible AND/OR mostly during operation hours

and weekends)
To be involved in overall management of restaurant.
To assist in opening and/or closing of restaurant.
To supervisor and conduct bank-in of daily sales.
To prepare promotions and monthly planning.
To formula promotional menus and daily promotions to be
marketed in marketing activities in charge by Vijay.
Full rights to view food and beverage accounting and all related
documents.
To prepare and finalise business accounts and present to the
accountant.
To propose, analyse and decide on capital investment for
expansion and/or renovation and/or refurbishment and/or add-ons
to existing premises.
To arrange for interviews and hiring staff for the business.
To assist in staff as a team member and manager.
To manage staff on a daily basis.
To look for additional business opportunity to boost up sales of
restaurant.

S
OTHER

1.7

To perform duties to ensure successful management of business.

INITIAL CAPITAL INJECTION BY PARTNERS

D Jay Caf will require a total capital investment of a maximum of RM260,000

which includes running capital for 6 months of operation.
The partners as stated in Table 1 will be injecting the following capital:Vijay 100% of total capital investment
Devendren 100% of Professional Restaurant Operation Management
Depending on the type of capital injection, the interest charged to the capital will be
according to the rate charged by the financial institution.

1.8

PROFIT AND LOSS SHARING

ALL PROFITS AND LOSSES SHALL BE SHARED EQUALLY ON A 50:50 PERCENTAGE

RATIO.

1.9

SALARIES OF PARTNERS

VIJAY RM XXXX.XX
DEVENDREN RM3000.00