Common use of Profit Distributions Clause in Contracts

Profit Distributions. Profits of the Partnership shall be paid based on: (choose one) ☐ - A Partner’s percentage of ownership. Each Partner shall receive their share of profits based on their ownership interest. ☐ - Custom percentages assigned to each Partner. Each Partner shall be owed the following percentage of profits: .

Appears in 56 contracts

Samples: Kentucky Partnership Agreement, Partnership Agreement, Washington Partnership Agreement

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Profit Distributions. Profits of the Partnership shall be paid based on: (choose one) ☐ - A Partner’s percentage of ownership. Each Partner shall receive their share of profits based on their ownership interest. ☐ - Custom percentages assigned to each Partner. Each Partner shall be owed the following percentage of profits: .[ENTER THE PROFIT ASSIGNMENT FOR EACH PARTNER].

Appears in 35 contracts

Samples: Pennsylvania Partnership Agreement, West Virginia Partnership Agreement, Washington Partnership Agreement

Profit Distributions. Profits of the Partnership shall be paid based on: (choose one) ☐ - A Partner’s percentage of ownership. Each Partner shall receive their share of profits based on their ownership interest. ☐ - Custom percentages assigned to each Partner. Each Partner shall be owed the following percentage of profits: .[ENTER THE PROFIT ASSIGNMENT FOR EACH PARTNER].

Appears in 1 contract

Samples: North Carolina Partnership Agreement

Profit Distributions. Profits of the Partnership shall be paid based on: (choose one) - A Partner’s percentage of ownership. Each Partner shall receive their share of profits based on their ownership interest. ☐ - Custom percentages assigned to each Partner. Each Partner shall be owed the following percentage of profits: [ENTER THE PROFIT ASSIGNMENT FOR EACH PARTNER].

Appears in 1 contract

Samples: Sample Partnership Agreement

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Profit Distributions. Profits of the Partnership shall be paid based on: (choose one) - A Partner’s percentage of ownership. Each Partner shall receive their share of profits based on their ownership interest. ☐ - Custom percentages assigned to each Partner. Each Partner shall be owed the following percentage of profits: .[ENTER THE PROFIT ASSIGNMENT FOR EACH PARTNER].

Appears in 1 contract

Samples: Sample Partnership Agreement

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