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Profits Interest Agreement Sample Contracts

Contract
Profits Interest Agreement • May 5th, 2020 • Delaware

EX-10.1 2 ex10103312017.htm EXHIBIT 10.1 EXHIBIT 10.1 PROFITS INTEREST AGREEMENT OF AIP OPERATION LLC This Profits Interest Agreement (this “Agreement”) is entered into as of [•] (the “Effective Date”) by and between AIP OPERATION LLC, a Delaware limited liability company (the “Company”), and [•] (“Participant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the same meanings given them in the LLC Agreement (as defined below). R E C I T A L S: A. Pursuant to Section 2.1(c) of the LLC Agreement, the Manager is authorized to cause the Company to issue additional Units, which Units shall have such designations, preferences and rights as may be fixed by the Manager. B. The Company desires to issue additional Units in respect of Series I of the Company designated as “Profits Interest Units” to Participant in connection with Participant’s performance of services to or for the benefit of the Company. C. The parties intend that the Profits Interest Units

Standard Contracts

FORM OF PROFITS INTEREST AGREEMENT
Profits Interest Agreement • April 24th, 2023 • OmniLit Acquisition Corp. • Blank checks

This Profits Interest Agreement for assignment of economic interest (this “Agreement”) is entered as of , 202_ by and among OmniLit Acquisition Corp. (“OLIT” or, the “Company”), OmniLit Sponsor, LLC (the “Sponsor”) and the undersigned Director of the OLIT Board (“Director”).

PROFITS INTEREST AGREEMENT
Profits Interest Agreement • May 17th, 2010 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Texas

THIS PROFITS INTEREST AGREEMENT (this “Agreement”) is made and entered into as of March __, 2010 (the “Effective Date”), between CJUF II STRATUS BLOCK 21 LLC, a Delaware limited liability company (“Borrower”), and HUNTER’S GLEN/FORD INVESTMENTS I LLC, a Texas limited liability company (“Lender”).

RECITALS
Profits Interest Agreement • June 3rd, 2003 • Centex Development Co Lp • Real estate • Texas
Example Llc Profits Interest Agreement
Profits Interest Agreement • July 12th, 2021

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Revenue procedure 93-27
Profits Interest Agreement • October 16th, 2020

EXHIBIT 10.1PROFITS INTEREST AGREEMENTOFAIP OPERATION LLCThis Profits Interest Agreement (This Agreement) is concluded in accordance with the limited liability agreement of AIP OPERATION LLC (Company) and between it (Member). The capitalized terms used in this Agreement, but not defined in this case, should have the same meanings as in the LLC Agreement (as outlined below). R E C I T A L S:A. Under Article 2.1 (c) of the LLC Agreement, the Manager is authorized to compel the Company to issue additional units that the units must have such designations, preferences and rights that can be established by the manager. The Company wishes to issue additional units in respect of the Company's Series I, designated as the Profit Interest Unit to the member in connection with the Member's performance of services in favor of or in the benefit of the Company. The parties intend that the interest units of profits issued under the Agreement represent the interests of profit, as described in section 4

TGS-CCI PROFITS INTEREST AGREEMENT
Profits Interest Agreement • December 22nd, 2020 • Agrify Corp • Agricultural services • Nevada

THIS TGS-CCI PROFITS INTEREST AGREEMENT (this “Agreement”) is made and entered into as of this 21st day of January, 2020, by and between CCI Finance, LLC, a Nevada limited liability company (the “Company”), and AGRIFY CORPORATION (the “Investor”).