{"component": "clause", "props": {"groups": [{"snippet": "The net profits of the joint investment pool shall be distributed amongst the shareholders and the depositors according to their respective weightages in the invested funds. The Bank, as (Mudarib), shall be entitled to 90% of the realized net profit of the depositors\u2019 share of Mudaraba profit (or as amended from time-to-time subject to 90 days prior notice to the depositors).", "size": 6, "samples": [{"hash": "jyUxIte4B3y", "uri": "/contracts/jyUxIte4B3y#profit-distribution", "label": "Banking Services Agreement", "score": 36.2966582549, "published": true}, {"hash": "vyIxOLodwg", "uri": "/contracts/vyIxOLodwg#profit-distribution", "label": "Banking Services Agreement", "score": 32.5727043152, "published": true}, {"hash": "ffewWtdmNBa", "uri": "/contracts/ffewWtdmNBa#profit-distribution", "label": "Banking Services Agreement", "score": 32.4955024719, "published": true}], "snippet_links": [{"key": "net-profits", "type": "clause", "offset": [4, 15]}, {"key": "investment-pool", "type": "definition", "offset": [29, 44]}, {"key": "the-shareholders-and-the", "type": "clause", "offset": [74, 98]}, {"key": "according-to", "type": "definition", "offset": [110, 122]}, {"key": "invested-funds", "type": "definition", "offset": [158, 172]}, {"key": "the-bank", "type": "clause", "offset": [174, 182]}, {"key": "mudaraba-profit", "type": "definition", "offset": [278, 293]}, {"key": "as-amended", "type": "definition", "offset": [298, 308]}, {"key": "subject-to", "type": "definition", "offset": [327, 337]}, {"key": "notice-to-the", "type": "clause", "offset": [352, 365]}], "hash": "d2cacb4cbf4be20d77ef28ba4d6eba9a", "id": 1}, {"snippet": "The parties agree that the profits of the Target Company, after deduction of the statutory distribution amount, shall be used by the Target Company for reinvestment or other purposes beneficial to the business and operation of the Target Company or distributed to each shareholder in proportion to the shares held by each shareholder as dividends in accordance with the resolutions of the Shareholders.", "size": 4, "samples": [{"hash": "d1ySXNLLgkR", "uri": "/contracts/d1ySXNLLgkR#profit-distribution", "label": "Share Acquisition Agreement (Jayud Global Logistics LTD)", "score": 35.3162231445, "published": true}, {"hash": "grDPdfnmfIX", "uri": "/contracts/grDPdfnmfIX#profit-distribution", "label": "Share Acquisition Agreement (Jayud Global Logistics LTD)", "score": 33.3162231445, "published": true}, {"hash": "eYti5akp0Ki", "uri": "/contracts/eYti5akp0Ki#profit-distribution", "label": "Share Acquisition Agreement", "score": 32.4830169678, "published": true}], "snippet_links": [{"key": "the-parties-agree-that", "type": "clause", "offset": [0, 22]}, {"key": "the-target-company", "type": "clause", "offset": [38, 56]}, {"key": "deduction-of", "type": "clause", "offset": [64, 76]}, {"key": "distribution-amount", "type": "definition", "offset": [91, 110]}, {"key": "other-purposes", "type": "clause", "offset": [168, 182]}, {"key": "the-business", "type": "clause", "offset": [197, 209]}, {"key": "operation-of-the", "type": "clause", "offset": [214, 230]}, {"key": "the-shares", "type": "clause", "offset": [298, 308]}, {"key": "in-accordance-with", "type": "definition", "offset": [347, 365]}, {"key": "of-the-shareholders", "type": "clause", "offset": [382, 401]}], "hash": "e19ee910b6b0b99a43c4bda052b574f8", "id": 2}, {"snippet": "(a) After paying taxes in accordance with the law and making contributions to the Three Funds, the remaining earnings of the Company shall be available for dividend distribution to the Parties. The General Manager shall recommend a dividend distribution plan to the Board of Directors within the first three (3) months following the end of each fiscal year of the Company for the Board\u2019s consideration and approval or modification. In his or her recommendation, the General Manager shall consider that the Company has sufficient funds on hand to pay the dividends and meet its approved capital expenditure budget and working capital requirement for the current budget year. The Company shall not distribute dividends unless the losses of previous fiscal year(s) have been fully made up. Remaining undistributed dividend from previous years may be distributed together with that of the current year and the Board of Directors may authorize the payment of dividends from undistributed dividends from previous years at any time.\n(b) Dividends shall be distributed to the Parties in proportion to each Party\u2019s holding of the registered capital of the Company at the time of the distribution. Payment of dividend distributions to Party B shall be in United States Dollars. The rate of exchange for all Renminbi amounts that are required to be converted to United States Dollars for payment of such dividends shall be the rate announced by the People\u2019s Bank of China for the conversion from Renminbi to United States Dollars on the date that dividends are declared.", "size": 4, "samples": [{"hash": "kWpY3hAU637", "uri": "/contracts/kWpY3hAU637#profit-distribution", "label": "Joint Venture Agreement", "score": 31.3408622742, "published": true}, {"hash": "jCKfPfP2FVu", "uri": "/contracts/jCKfPfP2FVu#profit-distribution", "label": "Joint Venture Contract (Lightpath Technologies Inc)", "score": 19.0, "published": true}], "snippet_links": [{"key": "paying-taxes", "type": "clause", "offset": [10, 22]}, {"key": "in-accordance-with-the-law", "type": "clause", "offset": [23, 49]}, {"key": "contributions-to", "type": "clause", "offset": [61, 77]}, {"key": "the-three-funds", "type": "definition", "offset": [78, 93]}, {"key": "the-company-shall", "type": "clause", "offset": [121, 138]}, {"key": "the-parties", "type": "clause", "offset": [181, 192]}, {"key": "the-general-manager", "type": "clause", "offset": [194, 213]}, {"key": "distribution-plan", "type": "clause", "offset": [241, 258]}, {"key": "the-board-of-directors", "type": "definition", "offset": [262, 284]}, {"key": "following-the", "type": "definition", "offset": [319, 332]}, {"key": "fiscal-year-of-the-company", "type": "clause", "offset": [345, 371]}, {"key": "for-the-board", "type": "definition", "offset": [372, 385]}, {"key": "the-company-has", "type": "clause", "offset": [502, 517]}, {"key": "sufficient-funds", "type": "clause", "offset": [518, 534]}, {"key": "on-hand", "type": "definition", "offset": [535, 542]}, {"key": "to-pay", "type": "clause", "offset": [543, 549]}, {"key": "approved-capital-expenditure-budget", "type": "definition", "offset": [577, 612]}, {"key": "working-capital-requirement", "type": "definition", "offset": [617, 644]}, {"key": "budget-year", "type": "clause", "offset": [661, 672]}, {"key": "current-year", "type": "definition", "offset": [885, 897]}, {"key": "payment-of-dividends", "type": "clause", "offset": [943, 963]}, {"key": "at-any-time", "type": "clause", "offset": [1013, 1024]}, {"key": "each-party", "type": "definition", "offset": [1093, 1103]}, {"key": "registered-capital-of-the-company", "type": "definition", "offset": [1121, 1154]}, {"key": "the-distribution", "type": "clause", "offset": [1170, 1186]}, {"key": "distributions-to", "type": "clause", "offset": [1208, 1224]}, {"key": "party-b-shall", "type": "clause", "offset": [1225, 1238]}, {"key": "in-united-states", "type": "clause", "offset": [1242, 1258]}, {"key": "rate-of-exchange", "type": "clause", "offset": [1272, 1288]}, {"key": "for-payment", "type": "clause", "offset": [1373, 1384]}, {"key": "the-people", "type": "definition", "offset": [1434, 1444]}, {"key": "bank-of-china", "type": "definition", "offset": [1447, 1460]}, {"key": "the-conversion", "type": "clause", "offset": [1465, 1479]}, {"key": "united-states-dollars-on", "type": "clause", "offset": [1497, 1521]}], "hash": "182d288ea28b2dd92ac05556cc5d3c4e", "id": 4}, {"snippet": "(a) After paying taxes in accordance with the law, making up losses and making contributions to the statutory common reserve, the remaining earnings of the Company shall be available for dividend distribution to the Parties. The Parties hereby agree that as long as the Company has eighteen (18) months of working capital reserved that the Company shall distribute to the Parties the profits in that fiscal year above the amount required to maintain eighteen (18) months of working capital. Distributable profits shall be distributed to the Parties within thirty (30) days of a Board resolution stipulating the distribution of such distributable profits to the Parties. Each Party shall procure that its Directors shall vote in favour of a resolution of any Board member proposing the distribution of the profits as outlined in this paragraph to the Parties. Such profits shall be distributed to a Party according to such Party\u2019s proportion of its paid-in registered capital at the time such profits were earned.\n(b) The Company shall not distribute dividends unless the losses of previous fiscal year(s) have been fully made up. Remaining undistributed dividend from previous years must be distributed together with that of the current year and the Board of Directors shall authorise the payment of dividends from undistributed dividends from previous years at any time so long as the Company has eighteen (18) months of working capital reserved.", "size": 3, "samples": [{"hash": "2Hrid1kBVjr", "uri": "/contracts/2Hrid1kBVjr#profit-distribution", "label": "Joint Venture Contract", "score": 31.3408622742, "published": true}, {"hash": "b79Sp0fzNIC", "uri": "/contracts/b79Sp0fzNIC#profit-distribution", "label": "Joint Venture Contract (Synthesis Energy Systems Inc)", "score": 28.6440792084, "published": true}], "snippet_links": [{"key": "paying-taxes", "type": "clause", "offset": [10, 22]}, {"key": "in-accordance-with-the-law", "type": "clause", "offset": [23, 49]}, {"key": "contributions-to", "type": "clause", "offset": [79, 95]}, {"key": "the-company-shall", "type": "clause", "offset": [152, 169]}, {"key": "dividend-distribution", "type": "definition", "offset": [187, 208]}, {"key": "the-parties", "type": "clause", "offset": [212, 223]}, {"key": "the-company-has", "type": "clause", "offset": [266, 281]}, {"key": "working-capital", "type": "definition", "offset": [306, 321]}, {"key": "distribute-to", "type": "clause", "offset": [354, 367]}, {"key": "fiscal-year", "type": "clause", "offset": [400, 411]}, {"key": "amount-required", "type": "clause", "offset": [422, 437]}, {"key": "to-maintain", "type": "clause", "offset": [438, 449]}, {"key": "distributable-profits", "type": "clause", "offset": [491, 512]}, {"key": "within-thirty", "type": "clause", "offset": [549, 562]}, {"key": "board-resolution", "type": "clause", "offset": [578, 594]}, {"key": "distribution-of", "type": "clause", "offset": [611, 626]}, {"key": "each-party", "type": "definition", "offset": [670, 680]}, {"key": "in-favour-of", "type": "clause", "offset": [725, 737]}, {"key": "board-member", "type": "definition", "offset": [758, 770]}, {"key": "a-party", "type": "clause", "offset": [896, 903]}, {"key": "according-to", "type": "definition", "offset": [904, 916]}, {"key": "such-party", "type": "clause", "offset": [917, 927]}, {"key": "registered-capital", "type": "definition", "offset": [956, 974]}, {"key": "at-the-time", "type": "definition", "offset": [975, 986]}, {"key": "current-year", "type": "definition", "offset": [1229, 1241]}, {"key": "the-board-of-directors", "type": "definition", "offset": [1246, 1268]}, {"key": "payment-of-dividends", "type": "clause", "offset": [1289, 1309]}, {"key": "at-any-time", "type": "clause", "offset": [1359, 1370]}], "hash": "4ca20ba1306bea73096a96ee851a5957", "id": 7}, {"snippet": "13.6.1 After the Company has paid the enterprise income tax, the Board will determine the amount of the reserve fund, enterprise development fund and employee rewards and welfare fund (if applicable) withdrawn from the net profit after tax. The sum of these funds withdrawn annually shall be determined by the Board.\n13.6.2 If the Company has an unrecovered loss carried forward from prior years, the net profit after tax for the current year shall first be used to make up for the carry-forward loss, and the profit distribution shall be made after completion of covering the loss. The profits retained by the Company and carried forward from the previous year to the current year may be distributed to the Parties together with the distributable profits for the current year or to the Parties after covering the loss for the current year.", "size": 4, "samples": [{"hash": "fXHzHtIHsVa", "uri": "/contracts/fXHzHtIHsVa#profit-distribution", "label": "Sino Foreign Equity Joint Venture Agreement (Chipmos Technologies Inc)", "score": 32.2991104126, "published": true}, {"hash": "1HKHO6V8ysJ", "uri": "/contracts/1HKHO6V8ysJ#profit-distribution", "label": "Sino Foreign Equity Joint Venture Agreement (Chipmos Technologies Inc)", "score": 29.308008194, "published": true}, {"hash": "bNeR15dO9KL", "uri": "/contracts/bNeR15dO9KL#profit-distribution", "label": "Sino Foreign Equity Joint Venture Agreement (Chipmos Technologies Inc)", "score": 28.2991104126, "published": true}], "snippet_links": [{"key": "the-company-has", "type": "clause", "offset": [13, 28]}, {"key": "enterprise-income-tax", "type": "clause", "offset": [38, 59]}, {"key": "determine-the", "type": "clause", "offset": [76, 89]}, {"key": "the-reserve-fund", "type": "clause", "offset": [100, 116]}, {"key": "development-fund", "type": "clause", "offset": [129, 145]}, {"key": "welfare-fund", "type": "definition", "offset": [171, 183]}, {"key": "if-applicable", "type": "clause", "offset": [185, 198]}, {"key": "net-profit-after-tax", "type": "definition", "offset": [219, 239]}, {"key": "sum-of", "type": "clause", "offset": [245, 251]}, {"key": "by-the-board", "type": "clause", "offset": [303, 315]}, {"key": "carried-forward", "type": "clause", "offset": [363, 378]}, {"key": "prior-years", "type": "definition", "offset": [384, 395]}, {"key": "current-year", "type": "definition", "offset": [430, 442]}, {"key": "completion-of", "type": "clause", "offset": [550, 563]}, {"key": "by-the-company", "type": "clause", "offset": [604, 618]}, {"key": "previous-year", "type": "definition", "offset": [648, 661]}, {"key": "the-parties", "type": "clause", "offset": [704, 715]}, {"key": "distributable-profits", "type": "clause", "offset": [734, 755]}], "hash": "388a913eb1627120b43de20de4c65f0a", "id": 3}, {"snippet": "3.1. The percentages of shareholding in the JV company shall be as follow: \u25cf ALPS WELLNESS CENTRE SDN BHD (ALPS) - [***] \u25cf ADVANCED AESTHETIC SPECIALIST SDN BHD (AAS) - [***]", "size": 3, "samples": [{"hash": "3L8ToahwdNV", "uri": "/contracts/3L8ToahwdNV#profit-distribution", "label": "Memorandum of Agreement (Alps Global Holding Pubco)", "score": 33.9760437012, "published": true}, {"hash": "bBLrVPDbrWG", "uri": "/contracts/bBLrVPDbrWG#profit-distribution", "label": "Memorandum of Agreement (Alps Global Holding Pubco)", "score": 33.7515411377, "published": true}, {"hash": "9eKnvI7XDHR", "uri": "/contracts/9eKnvI7XDHR#profit-distribution", "label": "Memorandum of Agreement (Alps Global Holding Pubco)", "score": 33.6365509033, "published": true}], "snippet_links": [{"key": "jv-company", "type": "definition", "offset": [44, 54]}], "hash": "4bcd2475fc3082377c3ff74344bf38be", "id": 6}, {"snippet": "(a) In each Financial Year, the JV Company shall set aside an amount as determined by the Board from its distributable after-tax profits for allocation to the funds required by PRC Laws. The funds shall be used in accordance with PRC Laws.\n(b) Profits may not be distributed before any losses of previous years have been made up. Remaining undistributed profits from previous years may be distributed together with those of the current year.", "size": 2, "samples": [{"hash": "hTLflvaeBkJ", "uri": "/contracts/hTLflvaeBkJ#profit-distribution", "label": "Equity Joint Venture Contract (Movella Holdings Inc.)", "score": 34.1170425415, "published": true}, {"hash": "ewUzRwc6IJH", "uri": "/contracts/ewUzRwc6IJH#profit-distribution", "label": "Equity Joint Venture Contract (Pathfinder Acquisition Corp)", "score": 33.8295669556, "published": true}], "snippet_links": [{"key": "financial-year", "type": "clause", "offset": [12, 26]}, {"key": "jv-company", "type": "definition", "offset": [32, 42]}, {"key": "set-aside", "type": "clause", "offset": [49, 58]}, {"key": "by-the-board", "type": "clause", "offset": [83, 95]}, {"key": "tax-profits", "type": "definition", "offset": [125, 136]}, {"key": "the-funds", "type": "clause", "offset": [155, 164]}, {"key": "required-by", "type": "definition", "offset": [165, 176]}, {"key": "prc-laws", "type": "definition", "offset": [177, 185]}, {"key": "in-accordance-with", "type": "definition", "offset": [211, 229]}, {"key": "undistributed-profits", "type": "definition", "offset": [340, 361]}, {"key": "current-year", "type": "definition", "offset": [428, 440]}], "hash": "36465e7475c7a9337a704dd0daaf7945", "id": 10}, {"snippet": "If Huayong makes distribution of the undistributed profit over the years, Transferee can be allocated according to the equity ratio held by it.", "size": 3, "samples": [{"hash": "ja2NjrfSjc0", "uri": "/contracts/ja2NjrfSjc0#profit-distribution", "label": "Stock Transfer Agreement (NQ Mobile Inc.)", "score": 23.8186168671, "published": true}, {"hash": "aZUU9fcOUPN", "uri": "/contracts/aZUU9fcOUPN#profit-distribution", "label": "Stock Transfer Agreement (NQ Mobile Inc.)", "score": 23.8186168671, "published": true}, {"hash": "7gPkW5pMd0f", "uri": "/contracts/7gPkW5pMd0f#profit-distribution", "label": "Stock Transfer Agreement (NQ Mobile Inc.)", "score": 23.8186168671, "published": true}], "snippet_links": [{"key": "distribution-of", "type": "clause", "offset": [17, 32]}, {"key": "according-to", "type": "definition", "offset": [102, 114]}, {"key": "equity-ratio", "type": "clause", "offset": [119, 131]}], "hash": "5d084e68e0107fb63587977bd6cd34a3", "id": 5}, {"snippet": "For purposes of this Agreement, \u201c", "size": 2, "samples": [{"hash": "LGP0hxs99v", "uri": "/contracts/LGP0hxs99v#profit-distribution", "label": "Limited Partnership Agreement (EquityLine Capital (DELAWARE) LP)", "score": 33.1779594421, "published": true}, {"hash": "1dtJUpFlRI6", "uri": "/contracts/1dtJUpFlRI6#profit-distribution", "label": "Limited Partnership Agreement (EquityLine Capital LLC)", "score": 32.9561958313, "published": true}], "snippet_links": [{"key": "for-purposes-of-this-agreement", "type": "clause", "offset": [0, 30]}], "hash": "a2fc46404ab91475fd015595e8aa7067", "id": 9}, {"snippet": "\u7b2c16\u6761 \u5229\u6da6\u5206\u914d\n16.1 The JV Company shall allocate reserve funds\uff0cexpansion funds, and bonuses and welfare funds for staff from the after-tax profits. The proportions of the allocation shall be decided by the Board according to the situation of the JV Company annually. \u5408\u8d44\u516c\u53f8\u4ece\u7f34\u7eb3\u6240\u5f97\u7a0e\u540e\u7684\u5229\u6da6\u4e2d\u63d0\u53d6\u50a8\u5907\u57fa\u91d1\u3001\u4f01\u4e1a\u53d1\u5c55\u57fa\u91d1\u548c\u804c\u5de5\u5956\u52b1\u53ca \u798f\u5229\u57fa\u91d1\u3002\u8463\u4e8b\u4f1a\u6839\u636e\u5408\u8d44\u516c\u53f8\u7ecf\u8425\u60c5\u51b5\u8ba8\u8bba\u786e\u5b9a\u6bcf\u5e74\u63d0\u53d6\u7684\u6bd4\u4f8b\u3002\n16.2 The Parties distribute the after-tax-and-fund profits according to the proportion of each Party\u2019s contribution in the registered capital. \u53cc\u65b9\u6309\u7167\u53cc\u65b9\u5728\u6ce8\u518c\u8d44\u672c\u4e2d\u7684\u51fa\u8d44\u6bd4\u4f8b\u5bf9\u7a0e\u540e\u5229\u6da6\u8fdb\u884c\u5206\u914d\u3002\n16.3 Distribution of profit shall be at the discretion of the Parties subject to the Board\u2019s approval in accordance with Article 10.2 above. Should either Hepalink or Aridis requests distribution of profit in any applicable fiscal year, the Parties and the JV Company and its Board shall all not unreasonably withhold consent to such distribution, provided that JV Company retains sufficient assets to reasonably execute the Business Plan. \u5229\u6da6\u7684\u5206\u914d\u987b\u6839\u636e\u8463\u4e8b\u4f1a\u4f9d\u636e\u7b2c10.2\u6761\u4e4b\u6279\u51c6\u7531\u53cc\u65b9\u6839\u636e\u5176\u9009\u62e9\u51b3\u5b9a\u3002\u82e5\u6d77\u666e\u745e\u6216\u8005Aridis\u4e2d\u4e00\u65b9\u8981\u6c42\u5206\u914d\u6240\u9002\u7528\u8d22\u5e74\u7684\u5229\u6da6\uff0c\u5219\u53cc\u65b9\u3001\u5408\u8d44\u516c\u53f8\u53ca\u5176\u8463\u4e8b\u4f1a\u5747\u4e0d\u5f97\u4e0d\u5408\u7406\u7684\u62d2\u7edd\u6279\u51c6\u8be5\u5206\u914d\u8981\u6c42\uff0c\u4f46\u524d\u63d0\u662f\u5408\u8d44\u516c\u53f8\u4fdd\u6709\u6267\u884c\u7ecf\u8425\u8ba1\u5212\u4e4b\u5145\u6c9b\u8d44\u4ea7\u3002\n16.4 Losses of the previous fiscal year shall be covered before profit distribution of the JV Company. Undistributed profits of the previous fiscal year may be incorporated into the current fiscal year profits. \u5408\u8d44\u516c\u53f8\u4e0a\u4e00\u4e2a\u4f1a\u8ba1\u5e74\u5ea6\u4e8f\u635f\u672a\u5f25\u8865\u524d\u4e0d\u5f97\u5206\u914d\u5229\u6da6\u3002\u4e0a\u4e00\u4e2a\u4f1a\u8ba1\u5e74\u5ea6\u672a\u5206\u914d\u7684\u5229\u6da6\uff0c\u53ef\u5e76\u5165\u672c\u4f1a\u8ba1\u5e74\u5ea6\u5229\u6da6\u5206\u914d\u3002\n16.5 The Parties declare that it is their intention to distribute the maximum amount possible by way of dividends. 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