Common use of Allocation of Profits and Losses and Distributions Clause in Contracts

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: Xxxxxx XX & Management, Inc. 1% Limited Partner: Xxxxxx Plumbing Holdings, LLC 12.6298% Hughes Holdings, LLC 86.3702% The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: Xxxxxx XX & Management, Inc. one percent (1% %) Limited Partner: Xxxxxx Plumbing Hughes Water & Sewer Holdings, LLC 12.6298% one percent (1%) Hughes Holdings, LLC 86.3702% ninety-eight percent (98%) The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: Xxxxxx XX & Management, Inc. one percent (1% %) Limited Partner: Xxxxxx Plumbing Hughes Electric Holdings, LLC 12.6298% Hughes one percent (1%) Xxxxxx Holdings, LLC 86.3702% Ninety-eight percent (98%) The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.

Allocation of Profits and Losses and Distributions. The Partnership’s profits and losses shall be allocated and all distributions made to the Partners of the Partnership based upon the percentage set forth across from each partner’s name below: General Partner: Xxxxxx XX & Management, Inc. One percent (1% %) Limited PartnerPartners: Xxxxxx Plumbing HoldingsSWS Acquisition, LLC 12.629841.4734% Hughes Holdings, LLC 86.370257.5266% The Limited Partnership may issue certificates evidencing each Partner’s ownership interest in the Limited Partnership. The total capital of the limited partnership shall be represented by 100 limited partnership units (“Units”). The Units represented on such certificates shall be proportionate to the relative percentages of profits and losses borne by the respective Partners.