Limited Partnership Preliminary Data Form

Limited Partnership Application Form
If you seek to establish a Limited Partnership in the BVI, this form will enable you to enter your proposed partnership information while online for instant transmission to our staff. For your own benefit, please make certain to review our comprehensive online Limited Partnership Procedure. All parties directly involved in the proposed partnership should also review Elan's Terms and Conditions of Business before proceding. Incomplete form submissions or those containing errors will be held for further information. If there is insufficient space in any section, please submit additional information by separate facsimile or e-mail.

To: Elan Corporate Services Limited

I hereby instruct you to undertake the necessary steps to form a Limited Partnership according to the following confidential information. I understand that this is a preliminary data form, and that I will be consulted further to ensure proper specifications prior to legal establishment of the Partnership:

Contact representative (applicant name):

Applicant occupation:

Applicant nationality:

Applicant representative organization:

Mailing address*:

* Please specify an address frequented by major private international mail carriers, such as Federal Express or DHL. Note that mail service providers will often require an individual to sign for receipt of documented shipments.

E-Mail address:

Telephone:

Telecopier (fax):

Web site URL:

Type of partnership required:
International Limited Partnership
Local Limited Partnership

Proposed partnership name:*

* Limited Partnerships must have names ending in "Limited Partnership" or "L.P.". To ensure availability of a name for your partnership, please submit three alternative names, in order of preference.

Alternate name 1:

Alternate name 2:

Alternate name 3:

Purpose of proposed partnership:

Geographical area of operations:

Intended term of partnership:

Partner #1 name:

Partner #1 title:

Partner #1 status (general / limited)*:

* A limited partnership must have at least one general partner.

Partner #1 occupation:

Partner #1 nationality:

Address for Partner #1:

Partner #2 name:

Partner #2 title:

Partner #2 status (general / limited):

Partner #2 occupation:

Partner #2 nationality:

Address for Partner #2:

Partner #3 name:

Partner #3 title:

Partner #3 status (general / limited):

Partner #3 occupation:

Partner #3 nationality:

Address for Partner #3:

Partner #4 name:

Partner #4 title:

Partner #4 status (general / limited):

Partner #4 occupation:

Partner #4 nationality:

Address for Partner #4:

Partner #5 name:

Partner #5 title:

Partner #5 status (general / limited):

Partner #5 occupation:

Partner #5 nationality:

Address for Partner #5:

Please describe partner capital contribution obligations*:

* Note that capital contributions may be made in cash, property, services or promissory notes and may be paid over a period of time. Please specify amount per partner or amount per ownership unit.

Please describe calculation of and rights to allocation / distribution of profits*:

* Please separately specify rights of general partners as a class and rights of limited partners as a class.

Please specify priorities for distribution of capital in the event of dissolution:

Please indicate whether Limited Partnership interests are freely transferrable. If not, please describe restrictions on transfer and/or rights of other partners on transfer:

Please describe any special partner rights:

Please describe procedure upon general partner death, bankruptcy or incapacity*:

* If no specific instructions are given, the Partnership will terminate unless a majority of limited partners vote to continue and appoint a new general partner within three months.

Please explain any other special provisions*:

* For example: Different allocation of losses or tax credits, special voting rights, clauses required for particular tax reasons, special procedures for transfer of Limited Partnership interests, etc.

Do you wish Elan to assist you in establishing a BVI bank account?
Yes No

Have you already faxed references and certified identification to Elan?
Yes No

Have you already wired payment to Elan?
Yes No

Place and date:

Signature:

© Elan Corporate Services Ltd., MCMXCVI-MMIV. All rights reserved.
Corporate Address: Palm Chambers / P.O. Box 119 / Road Town, Tortola, B.V.I.
Telephone: +1 (284) 494.4590 / Telecopier: +1 (284) 494.2838 / E-mail: elan@elanbvi.com
Please report any problems to: postmaster@elanbvi.com