The Profit Share Agreement Template – Canada is offered in multiple formats, including PDF, Word, and Google Docs. These templates are designed to be both modifiable and print-friendly, ensuring they cater to your specific requirements seamlessly.
Profit Share Agreement Template – Canada Editable – PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Profit Sharing Ratio 4. Calculation of Profits 5. Payment Terms 6. Duration of Agreement 7. Termination Conditions 8. Confidentiality Obligations 9. Governing Law 10. Dispute Resolution 11. Signatures and Acceptance
PDF
WORD
Examples
[Partner’s Name]
[Partner’s ID]
[Partner’s Address]
[Partner’s Phone]
[Partner’s Email]
[Company Name]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
This Profit Share Agreement (“Agreement”) establishes the terms under which [Partner’s Name] and [Company Name] will share profits arising from the collaboration, effective from [Start Date].
The profits will be shared according to the following ratio: [Percentage]% to [Partner’s Name] and [Percentage]% to [Company Name], calculated on a monthly basis.
[Partner’s Name] will be responsible for [specific responsibilities], while [Company Name] will oversee [specific responsibilities].
Payments will be made within [Number] days of the end of each month, based on the net profits determined by financial statements.
Both parties agree to maintain confidentiality regarding sensitive information and trade secrets, even after the termination of this Agreement.
This Agreement shall remain in effect until [End Date] or until terminated by either party with a written notice of [Notice Period].
In case of any disputes arising from this Agreement, the parties will attempt to resolve them amicably before resorting to legal action.
This Agreement will be governed by the laws of Canada.
[Partner’s Signature]
[Partner’s Name]
[Company’s Signature]
[Company’s Name]
[Partner’s Name]
[Partner’s ID]
[Partner’s Address]
[Partner’s Phone]
[Partner’s Email]
[Company Name]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
This Agreement delineates the profit-sharing arrangement between [Partner’s Name] and [Company Name], commencing from [Start Date], focused on mutual success and growth.
Net profits shall be divided as follows: [Percentage]% to [Partner’s Name] and [Percentage]% to [Company Name], based on the net income generated.
Both parties will contribute resources, including financial investment, marketing efforts, and other necessary support to achieve the mutually agreed goals.
Monthly profit and loss statements will be shared between the parties to ensure transparency and accountability regarding profit distribution.
Either party retains the right to terminate this Agreement with a written notice of [Notice Period], at which point all financial matters will be settled.
Any intellectual property developed during the collaboration will remain the shared property of both parties, with restrictions on use without written consent.
This Agreement shall be governed by the laws of Canada, with any disputes subject to the jurisdiction of Canadian courts.
[Partner’s Signature]
[Partner’s Name]
[Company’s Signature]
[Company’s Name]
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