US EditionWhat is a Profit Share Agreement?
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What is a Profit Share Agreement?
A profit share agreement, sometimes called a profit share contract, is an important legal contract between two or more parties, such as individual business partners, businesses, employers and employees, or investors and entrepreneurs. A profit share agreement is particularly important when two parties agree to undertake a joint venture as partners without creating a formal business entity, such as a C Corporation or Limited Liability Company (LL…
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