Common use of Asset Allocations, Profits & Losses Clause in Contracts

Asset Allocations, Profits & Losses. Commencing on the Effective Date and ending upon each month of the business of the Joint Venture, all profits, losses and other allocations to the Joint Venture shall be allocated as follows: JV Profit Sharing: Profit Sharing over the ongoing existence of any businesses acquired by the JV will be a minimum of 10% to Managing Partner JV Partner will be paid an additional cash dispersal outlined in a later agreement for the purpose of staying on corporation for one year one month

Appears in 4 contracts

Samples: Non Circumvention and Non Disclosure Agreement, Joint Venture Agreement for Corporate Funding Management, Non Circumvention and Non Disclosure Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.