A Limited Liability Company (LLC) Partnership Dissolution Agreement is a binding legal document which outlines and formalizes the rules governing the dissolution of an LLC partnership. The agreement details any procedures required to resolve disputes between members, as well as any steps involved in winding up the business operations. It also outlines any responsibilities of LLC members upon dissolution, including payment of debts and liabilities, sharing of profits or losses, disposition of assets, and distribution of remaining funds. Having a formalized and legally-binding LLC Partnership Dissolution Agreement can provide a measure of security and peace of mind for LLC partners, as it will help to ensure that a fair and equitable resolution is achieved.