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He has put in most of the funds to start up the business. He is wanting out over personal differences/ different values. I am happy to not have him and his friend as partners any more but I am on the cusp of making money with this business and he is asking for EVERYTHING back. All machinery, equipment, and financial contributions. This business is about to make money but I can't do it without the equipment and I have no means to pay him back yet. He states he will send someone to pick up all the company equipment. The business has made commitments and I now have people counting on me to deliver product.
We signed a partnership agreement that stated "money invested by the exiting partner will be paid back either in lump sum or on a fixed term with interest."
Does he have legal grounds?