If you need help with an LLC cancellation agreement, you can publish your legal needs on UpCounsel`s marketplace. UpCounsel only accepts the top 5 percent of lawyers on its site. Lawyers on UpCounsel come from law schools like Harvard Law and Yale Law and average 14 years of legal experience, including working with or on behalf of companies like Google, Menlo Ventures and Airbnb. A partnership resilience agreement is an agreement between two or more partners to end a business partnership. The signing of a partnership termination agreement does not immediately terminate the partnership. The partnership will continue until the company has gone through the process of paying the company`s debts, ceasing the legal existence of the company and distributing the remaining assets of the company.