Profit Sharing Agreement Template – US

Disclaimer

The content provided is intended solely as a general example for informational purposes related to contractual arrangements involving profit distribution structures. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in business or contract law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

Please note: This is a sample Profit Sharing Agreement template for the United States, provided for illustrative purposes only. Actual terms may vary based on specific arrangements and legal considerations.

Profit Sharing Agreement Sample (US)

Parties Involved:

Party A: Alpha Investments LLC
Address: 123 Main Street, New York, NY 10001

Party B: Beta Partners Inc.
Address: 456 Broad Avenue, Los Angeles, CA 90012

Purpose of Agreement:

This agreement outlines the terms under which profits generated from the specified project shall be shared between the parties listed above, according to the provisions herein.

Profit Sharing Terms:

Profits shall be calculated based on net revenues from the project, after deducting all applicable expenses. The parties agree to share profits at a ratio of 60% to Party A and 40% to Party B, payable within 15 days of financial closing.

Parties’ Responsibilities:

Party A shall oversee project development and financial reporting, while Party B shall contribute resources and participate in strategic decision-making, as specified herein.

Duration of Agreement:

This agreement shall commence on the date signed below and shall continue until the completion of the project or until terminated by mutual written consent.

Governing Law:

This Agreement shall be governed by and construed in accordance with the laws of the State of New York. Any disputes shall be resolved in the courts of New York County.

Additional Provisions:

• All financial statements and profit calculations shall be subject to audit by both parties annually.
• This Agreement may only be amended in writing signed by both parties.
• Either party may terminate this Agreement with 30 days’ written notice, provided that all obligations accrued prior to termination are fulfilled.

New York, ______________________